Apple shares fall 4% after Trump threatens to impose 25% tariff. Here's why
- Posted on May 23, 2025
- By Business News Today
- 1 Views
Apple shares fall 4% after Trump threatens to impose 25% tariff. Here's why
Apple shares dropped 4% to $193.46 after Trump warned of a 25% tariff on iPhones made outside the US. Wall Street also slumped, with major indices falling sharply and volatility spiking amid escalating global trade tensions.
