Nuked 
Hello, tech enthusiasts! Buckle up as we dive into an unsettling situation in the tech world.
Recently, Apple experienced a staggering loss of over $250 billion in market value, with shares plunging by as much as 8.5%. This shocking drop is largely attributed to the sweeping tariffs introduced by President Trump.
On Wall Street, Apple wasn’t alone in taking hits; major players like Tesla, Nvidia, and Meta saw declines of around 6%, and Amazon’s shares fell by 7.2%. The reason? President Trump’s announcement of tariffs that reached a baseline of 10%, with even higher rates for certain countries. For instance, China’s total tariff rate skyrocketed to 54%.
Wedbush Securities described this scenario as ‘worse than a worst-case scenario’ for tech investors.
The White House explains these tariffs as essential to revive domestic manufacturing, claiming they are not merely bargaining chips, but a vital move to ‘liberate’ the American economy.
Unfortunately, these tariffs impact all of Apple’s key suppliers and manufacturing zones across Asia—from China and Taiwan to India and Vietnam. This means that every iPhone, iPad, Mac, and accessory will be affected.
Apple’s Chief Tim Cook faces a tough decision: either raise prices for customers or absorb the losses, which could wipe out billions in profit.
