Apple loses the market value of $ 250 billion as customs tariffs technology

Apple lost more than $ 250 billion in market value on Thursday, with shares of up to 8.5 % as a result of President Donald Trump tariff.

The iPhone maker got one of the largest visits in Wall Street, as technology shares decreased when investors have transferred money away from the volatile assets. Tesla, Nvidia and Meta decreased by 6 %, and Amazon shares decreased by 7.2 %.

Trump revealed the full tariffs on Wednesday afternoon by at least 10 % in all fields, and even higher for some countries – the total tariff rate in China increased to 54 % – this will come into effect on April 5.

The White House insists that the customs tariff is not a tactic to negotiate, but it is necessary to enhance local manufacturing. The president described them as a move to “liberate” the American economy.

Trump’s huge definitions affect imported goods to the United States on all the largest Apple suppliers and manufacturing centers in Asia, from China to Taiwan, India to Vietnam, despite the efforts of CEO Tim Cook Management Management. This means that every model of iPhone, iPad, Mac and Accessory that Apple sells will be affected.

Cook will choose either up the cost of consumers or make Apple lose losses, giving dozens of billions in possible profits.