Apple Leads Premarket Slide In Tech Stocks As Trump’s Reciprocal Tariffs Trigger Global Selloff
- On Thursday, tech stocks, led by Apple, plunged as global markets sold off.
- President Trump's announcement of reciprocal tariffs spurred fears of a trade war.
- Trump imposed tariffs on China , Vietnam , and India .
- Jefferies analysts suggest tariffs could hurt Apple's earnings; Trump stated, "declaration of economic independence."
- Analysts predict tariffs may require Apple to diversify its supply chain to maintain profit.
55 Articles
55 Articles


Tariff rollout routs global stocks, Silicon Valley tech shares among hardest hit
Silicon Valley technology giants’ stock values fell off a cliff amid a global selloff after President Donald Trump on Wednesday afternoon announced sweeping tariffs expected to boost U.S. prices and ignite trade wars with countries around the world. The tariff announcement kicked off a breathtaking plunge in the U.S. stock market, and by close of trading Thursday afternoon the prices of Apple and Meta stock had plummeted 9%, and Santa Clara comp…
Tech industry braces for impact of Trump assault on global trade
The NewsThe tech industry has been left reeling by US President Trump’s latest slate of tariffs as steeper levies on China, Vietnam, India, and other nations that serve as manufacturing hubs for some of Silicon Valley’s biggest names look set to hit its highly globalized supply chains.Trump also imposed a 32% tariff on Taiwanese goods with an exemption for semiconductors chips, the country’s main export.Tech stocks sank on Thursday the day after…
Coverage Details
Bias Distribution
- 43% of the sources lean Left
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage