Why Is Apple Stock Sliding On Friday?

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Why Is Apple Stock Sliding On Friday? - Benzinga

Quick Summary:

Apple Inc (NASDAQ:AAPL) stock declined on Friday after President Donald Trump, via a Trump Media & Technology Group Corp (NASDAQ:DJT) Truth Social post, threatened to slap a 25% tariff on the company’s iPhones sold in the U.S.unless it produces the phones beyond the country’s borders.

Trump said he had warned Apple chief Tim Cook against manufacturing iPhones in countries like India and others.

Apple is positioning India as an alternative manufacturing base as U.S.and China geopolitical tensions sparked concerns over ...