Apple's market value falls below $3 trillion as Trump threatens tariffs on non-U.S.-made iPhones, analysts remain confident in company prospects
Trump said that he would impose a 25% tariff on non-American-made iPhones. Apple's share price fell by more than 3% and its market value fell below $3 trillion. Trump demanded that the iPhone sold by Apple in the United States must be made in the United States. The three major stock indexes of the US stock market were in open low, and technology stocks generally fell. Analysts believe Apple has solid fundamentals and a strong ecosystem and service portfolio, maintaining confidence in the company's growth prospects over the next three to five years, despite tariff pressure.
