Apple Has Lost Almost 20 Percent Of Its Market Value In Just Three Days Following U.S. President Trump’s Tariff Announcement; Amount Comes To Almost $640 Billion
The past couple of trading days have been brutal for Apple because the technology giant was not prepared for the roller coaster of a ride when President Donald Trump announced a series of tariffs that will affect regions where the company has established its comprehensive supply chains. The aftermath of the announcement saw Apple lose $250 billion in market capitalization, but the situation has yet to improve, as the three-day trading period has extended those losses to nearly $640 billion, making it almost 20 percent of the California-based giant’s total value. Analysts continue to prattle that Apple needs to raise the […]