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Apple CEO Tim Cook, Center, Watch During the Inauguration ceremony for President Donald Trump, Right, and Vice President J. D. Vens, left, at the US Town Capitol in Washington, January 20, 2025.
Sean Thew | AFP | Gets the image
Apple On Wednesday at the end of the trading moved more than 6%, and then led to a wider decrease in technology stocks President Donald Trump They announced new tariffs from 10% to 49% on imported goods.
Most Apple’s income comes from devices made mainly in China and a handful of other Asian countries. Nvidiaproducing new chips in Taiwan and collects its artificial intelligence systems in Mexico and other places Tesla decreased by 4.5%.
Through the rest of the Megacap universe, Alphabet. Amazon and Meta everything fell from 2.5% to 5% and Microsoft decreased by almost 2%.
If Apple post -market loss will match regular trades on Thursday, it would be the steep decrease in the stock since September 2020.
Trump said on Wednesday afternoon that new taxes on imported goods would be a “declaration of economic independence” for the country. It announced a 10% blanket tariff for all imports and higher duties for specific countries, including 34% for China, 20% for European countries and 24% for Japanese imports, depending on what tariffs they charge by US export, Trump said.
“We will supplement our internal industrial base, we will snatch open foreign markets and destroy the barriers out of foreign trade,” Trump said during his speech. “Ultimately, more home production will mean stronger competition and reduction in consumer prices.”
Reserves were widely affected by Trump’s ads. As also Fund with trading exchange Tracking S&P 500 slid 2.8%, and ETF After NASDAQ 100 lost more than 3%.
During his speech, Trump praised Apple Meta and Nvidia for wasting money and investment in the US.
“Apple will spend $ 500 billion, they have never spent that money here,” Trump said. “They are going to build their plants here.”
Nasdaq has just completed its worst quarter since 2022, decreased by 10% in the first three months of the year, although the technology index increased in each of the first two days of the second quarter.
See: President Trump signs executive orders for mutual tariffs
