Apple shares drop 7%+ after hours following Trump's announcement of new tariffs of 46% on Vietnam, 26% on India, and 34%, on top of the existing 20%, on China (Tripp Mickle/New York Times)

Tripp Mickle / New York Times: Apple shares drop 7%+ after hours following Trump's announcement of new tariffs of 46% on Vietnam, 26% on India, and 34%, on top of the existing 20%, on China  —  The iPhone maker spent years trying to move production of some products out of China to avoid tariffs.  But now that may not matter.

Apr 3, 2025 - 01:54
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Apple shares drop 7%+ after hours following Trump's announcement of new tariffs of 46% on Vietnam, 26% on India, and 34%, on top of the existing 20%, on China (Tripp Mickle/New York Times)

Tripp Mickle / New York Times:
Apple shares drop 7%+ after hours following Trump's announcement of new tariffs of 46% on Vietnam, 26% on India, and 34%, on top of the existing 20%, on China  —  The iPhone maker spent years trying to move production of some products out of China to avoid tariffs.  But now that may not matter.