Trump threatens 25% tariff on Apple
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John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Parkev Tatevosian, CFA has positions in Apple. The Motley
President Donald Trump ended the week on a grumpy note, rattling his tariff saber — and stock-market investors — on Friday as he threatened levies on Apple Inc. and the European Union. But for all the renewed trade drama, it was moves in the bond market that have been the center of attention.
U.S. stock futures are pointing lower to end the week; President Trump says Apple must pay a "Tariff of at least 25%" on iPhones not made in the U.S.; and Intuit stock surges on the TurboTax parent's strong results and lifted outlook.
Wall Street today suffered another red trading day as key indexes of US stock market -- S&P 500, Dow Jones, and Nasdaq -- sank.
Apple stock price has sold off this year, making it the top laggard in the Magnificent 7 group. What next for the AAPL shares this year?
U.S. equities fell at midday as President Donald Trump threatened tariffs on Apple iPhones and European Union products.
Apple Inc. has become a frequent target for attacks by President Donald Trump, a factor that has held the stock back as other big tech companies have rebounded over the past month.
A Big Tech-focused exchange-traded fund was falling sharply, after President Donald Trump singled out Apple in his tariff threats made Friday over social media. The Roundhill Magnificent Seven ETF — which holds Apple Inc.