Reported about 21 hours ago
Shares of Dell, Apple, Sonos, and HP plummeted following President Trump's announcement of significant tariffs on imports, affecting global supply chains and threatening to raise costs for major tech products. The new tariffs, which apply a minimum 10% rate on imports and additional charges on select countries, have investors worried about their impact on profitability and economic growth, marking the worst quarter for US equities since 2009.
Source: YAHOO