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Apple supplier Luxshare downplays impact of Trump tariffs

  • Tesla's stock fell over 10 percent in early trading due to economic instability from Trump's tariffs, reflecting major challenges for the company.
  • Apple has faced the sharpest stock decline among major tech firms in response to Trump's announced tariffs on imports, affecting manufacturing costs and potential sales.
  • Analysts predict that if reciprocal tariffs are fully enacted, iPhone costs could rise by up to 43%, significantly impacting Apple’s pricing strategy in the U.S. Market.
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  • 54% of the sources are Center
54% Center
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South China Morning Post broke the news in Hong Kong on Monday, April 7, 2025.
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