Tech stocks sink after Trump tariff rollout — Apple heads for worst drop in 5 years
1. Apple stock dropped over 8% after Trump's new tariff announcement. 2. Tariffs include a 10% blanket duty on all imports and specific country levies. 3. Apple's manufacturing in China makes it vulnerable to trade tariffs. 4. The technology sector faces pressure from fears of a global trade war. 5. Trump praised Apple's $500 billion investment plan for the U.S.