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The Independent UK
The Independent UK
Business
Karl Matchett

Apple is worth $1tn less than three months ago – why is it so hard-hit by Trump tariffs?

Apple was almost a $3.7 trillion company just three months ago – but Donald Trump’s tariffs have played a big part in the most valuable company on the planet seeing its valuation slashed by a trillion dollars.

On 2 January, a $243.85 share price gave a total market capitalisation of $3.69 trillion (£2.88 trillion) to the iPhone maker.

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