Tech Stocks
Apple has a loyal customer base, strong gross margins — and a history of getting tariff exemptions
Published: April 2, 2025 at 8:06 p.m. ET
President Donald Trump sent ripples across the technology sector on Wednesday, with a tariff announcement that one analyst called “worse than the worst-case” scenario.
That was Wedbush’s Daniel Ives, who wrote that Trump’s intent to put a tariff of 34% on goods from China was “the jaw dropper” in Wednesday’s speech. The forthcoming tariff is said to be on top of the 20% tariff previously announced.
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