Commentary on this:
https://finance.yahoo.com/news/commentary-why-apple-and-tim-cook-cant-placate-trump-172722127.html
<<snip>>
But there's no place to hide once Trump starts imposing tariffs on a product-by-product basis. Even with a 25% tariff, it makes no sense to move iPhone production to the United States, where sharply higher costs could raise the price of an iPhone from $1,000 now to more than $3,000. Apple would have to build completely new supply chains and find workers in a manufacturing economy already facing a shortage of workers with the right skills.
<<snip>>
A battle of titans is underway.
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$1.57 |
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Mkt cap ! $326.7M | |||
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