Trump's aggressive decisions, which express the hope that America will shine, are giving shocks to the world. It affects the stock market around the world. The famous apple company can be cited as a good example of the difficulties that can be faced with Trump's way of imposing retaliatory tariffs on them, even after keeping a list of countries that impose heavy tariffs on them. It is noteworthy that the share price recently reached a five-year low. Why did it happen? What caused the iphone stock to fall? If trump imposes retaliatory tariffs, what will be the shock that apple, a company from the same country, will face? Interesting facts will come out if we look for answers to the questions. There is no need to specifically mention the demand for iPhones among the products produced by the American company Apple. However, iPhones are manufactured on a large scale in China.
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Trump, who is making a fuss with retaliatory tariffs, is known to have imposed heavy tariffs on China. This has directly hit Apple. The reason for this is that iPhones are largely produced in China. Expectations that the latest retaliatory tariffs will cause problems for the supply chain have caused the stock to fall. apple shares fell by 9 percent and are trading in losses due to doubts about the difficulties facing the supply chain. This is the first time apple stock has fallen to this level since 2020. With this, the value of apple fell to $ 250 billion. Along with apple stock, many other giant companies have been shocked. amazon shares fell 6 percent, Nvidia 5 percent, tesla 4.5 percent, google 3 percent, Meta 6 percent, and microsoft 2 percent. The Dow Jones index fell 1,118 points after Trump's retaliatory announcement. In fact, it went up to 1,500 points at one point. After that, the loss decreased slightly with a slight adjustment. Nasdaq is trading at a loss of 4 percent and S&P is trading at a loss of 3.5 percent. The Russell 2000 index, which represents shares of small companies in the US market, fell 5 percent. It is noteworthy that the latest fall in the stock market has wiped out $1.65 trillion (Rs. 14,04,32,07,75,00,000 in our rupees).
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