Apple Falls on Trump Tariff Vow, Intuit Soars, Deckers Drops
On this episode of Stock Movers: - Apple (AAPL) shares are lower as the iPhone maker faces escalating pressure from President Donald Trump to do what many analysts insist would be nearly impossible: move production of its iconic iPhone to the US from overseas. Trump on Friday threatened Apple with a tariff of at least 25% if it doesn’t manufacture its flagship product line in the US, his starkest demand yet for the tech giant to commit to more domestic assembly. The warning came days after a Tuesday meeting between the president and Apple Chief Executive Officer Tim Cook at the White…
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