The long list of tariffs announced by the White House is expected to hit the company particularly hard. The new “reciprocal” tariffs — a tax on imports in response to existing tariffs — will hit China at 34%. That would bring the total tariffs on Chinese goods to 54%, threatening to disrupt Apple’s supply chain, which remains centered in the Asian country.

The tariffs also hit Apple’s other manufacturing hubs, undermining the effectiveness of its efforts to shift production away from China. While the company still makes most of its devices sold in the U.S. in factories in China, Apple now makes its products in many other countries.

The announcement of the US tariffs has rattled investors, who are increasingly concerned about how the tariffs will impact Apple’s profits. Apple shares fell as much as 7.9% on the day. Apple shares have fallen 11% this year, part of a broader decline in the technology sector.

Apple could be further affected by needing to source components from many other countries and regions that are also subject to tariffs.

Not only Apple, but other major US technology companies such as Amazon, Tesla and Nvidia also saw sharp declines in stock prices after President Trump announced the new tariffs. Amazon's shares fell 6%, while Tesla's fell 8% in after-hours trading.

During President Trump’s first term, Apple CEO Tim Cook convinced the president to exempt the iPhone and some other products from tariffs, arguing that the tariffs would hurt a U.S. company and benefit its South Korean rival Samsung Electronics.

Earlier this year, Apple tried to get back in President Trump's good graces by promising to invest $500 billion in the US over the next four years, a slight increase from the pace under former President Joe Biden when not accounting for inflation.

Currently, Apple does little mass production in the United States. The company advertises a single model—the Mac Pro, which starts at $6,999—as being made in Texas. But that machine is sold in limited quantities, and many of its parts are imported from China and elsewhere.

Cao Phong (according to FT, BI, SCMP)

Source: https://www.congluan.vn/co-phieu-cong-nghe-lao-doc-khi-my-ap-thue-len-cac-cong-xuong-the-gioi-post341240.html