Apple Production Hubs Hit By Tariffs, Sending Shares Plumeting
Apple is Finding Itself Squarely in the Crosshaairs of President Donald Trump’s New Tarifs, Eveen after a Yearslong effort to insulate the iPhone maker from trade wars and supported chain disruptions.a long list of levies unveiled by the white house are poised to hit the company especially hard, triggering an after-hours stock rout on Wednesday. The new reciprocal tariffs – a tax on important goods in response to existing tariffs – will reach 34 percent for china. That would bring the total rate on Chinese Goods to 54 Percent, Threatening to Roil An Apple Supply Chain that Still has the Asian Country at its Heart. But tarifs also cover apple’s other manufacturing centers, undercutting efforts to shift away from China. Thought the company still produces the illustration of us-and Soold Devices in Chinese Factories, Apple Now Makes Its Wares Across Across A Swath of Nations. India, where apple is increasing iPhones and airpods, is getting a 26 percent reciprocal tariff. Vietnam, where the company now makes some airpods, iPads, apple watches and macs, will be hit with a 46 percetic alvy. Malaysia, where apple is increasing Mac computers, will have a 24 percent tariff. Thailand, where the company also makes some macs, will get a 36 percent levy. Ireland, within the European Union, Gets A 20 Percent Tariff. Apple Productions some imacs there.The announs jolted investors, who have grown Increasingly concerned that tariffs will hurt apple’s bottom line. The shares fell as much as 7.9 percent in Extended Trading. The stock was alredy down 11 percent this year the close, part of a broader tech retreat.the white house said the new tariffs kick in on april 9. comment.apple count be affected further giving the need to source components from several other counts and regions that are also also also being history. We don’t expect the company to hike price to offset the effects, “bloomberg intelligence analysts anurag rana and andrew girard said in a note. If apple does Raise Prisies, It will do so at a time of shaky consumer sentiment, they said.during the first trump administration, apple chief officer Tim Cook Persuaded the presiding and Some other products from tarifs. He argued that the Levies would hurt an american company and benefit south korea-spoiled samsung electronics co.earlier this year, apple sought to get back back back on trump ‘ Invest $ 500 billion (roughly Rs. 42,67,825 Crore) in the us over the next four years, a Slight Acceleration of the Rate Under Presiding Joe Biden when accounting for infection. As part of that push, the company said it would produce some ai-Related servers in texas. It also also started starting producing a small number of chips at a facility in arizona.tode, apple conducts little to no mass production in the US. It advertises a single model – the mac pro, which starts at $ 6,999 (roughly Rs. 5.97 lakh) – as being built in texas. But that Machine Sells in Limited Quantities, and Many of its parts are important from China and Elsewhere. Syndicated feed.)