Reported 9 days ago
Despite their financial backing and support for President Trump, leading tech companies like Apple, Amazon, and Google are facing significant challenges due to his aggressive tariff policies. As Trump's 'Liberation Day' tariffs take effect, Apple shares have plummeted, and companies are grappling with potential price hikes and shrinking margins on products largely manufactured in China. The outlook for tech stocks remains uncertain as rising costs from tariffs continue to create headwinds for the industry.
Source: YAHOO