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Wajeeh Khan

Trump Threatens Apple on US-Made iPhones. How Should You Play AAPL Stock Here?

Apple AAPL Dan Ives United States Donald Trump Wedbush

Apple (AAPL) shares closed down 3% on Friday after President Donald Trump said all iPhones built outside of the United States will be subject to a 25% tariff starting next month. 

According to Dan Ives, a senior Wedbush analyst, the pronouncement spells continued frustration for AAPL investors, adding that neither costs nor logistics allow for an iPhone to be made in the U.S.

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