Apple Stock Tumbles on Tariff Shock. Why It’s the Hardest Hit of the Mag 7. - Barron's
1. AAPL fell 7.5% after Trump's tariff announcement. 2. Apple is highly dependent on Chinese manufacturing, risking major financial impacts. 3. Tariffs could reach 54%, affecting prices and supply chains. 4. Analysts warn of demand destruction due to new tariffs. 5. AAPL currently lacks tariff exemptions granted in previous years.