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Barchart
Barchart
Pathikrit Bose

Apple Acknowledges That Tariffs Could Force Price Hikes. How Should You Play AAPL Stock Here?

Apple AAPL Products Donald Trump China

Consumer tech behemoth and iPhone maker Apple’s (AAPL) dependence on China is well-known. According to research firm Evercore ISI, China accounts for about 80% of Apple’s production capacity. Unsurprisingly, following the imposition of punishing tariffs reaching as high as 145% under President Donald Trump, shares of the company have suffered a sharp correction, declining 20.4% year-to-date.

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