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Tech stocks fall for third session as Trump stands by tariffs and selloff deepens

1. Tech stocks fell, with AAPL losing over 6% amid tariff worries. 2. AAPL's market cap dropped below $3 trillion after significant selloff. 3. President Trump's tariffs may increase prices and pressure U.S. economy. 4. JPMorgan warns tariffs could lead to heightened costs for electronics. 5. The technology sector is experiencing severe market declines and volatility.

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FAQ

Why Bearish?

AAPL's significant market cap loss reflects concerns over tariffs impacting profitability, reminiscent of 2018 trade tensions.

How important is it?

The article highlights key economic pressures (tariffs) that could substantially impact AAPL's sales and margins.

Why Short Term?

Immediate tariffs are already in effect, affecting consumer pricing and demand short-term, similar to previous tariff impacts.

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