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Tariff News: Trump Says Trade a Trade Deal May Come This Week - Barron's

1. Trump seeks trade deals to lower impending tariffs impacting U.S. goods. 2. Foxconn reports a 26% revenue increase in April, benefiting AAPL production. 3. Apple expects $900 million tariff-related costs in June quarter. 4. Production shifts planned from China to India and Vietnam for AAPL. 5. Confidence in economic outlook improves due to strong employment data.

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FAQ

Why Bearish?

The anticipated $900 million cost increase may negatively impact AAPL's profit margins, similar to previous tariff impacts on tech giants when tariffs were implemented.

How important is it?

The article presents relevant insights on tariffs and Foxconn's performance, both of which directly affect AAPL's operations and profitability.

Why Short Term?

Immediate costs will be felt in the upcoming June quarter, but production shifts may mitigate longer-term impacts.

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