Microsoft, Nvidia shares also decline
The shares of veteran American tech company Apple are seeing a big decline today. On Friday, Apple’s shares fell 4% to a low of $ 193.46. Let us tell you that US President Donald Trump today threatened Apple that if the company manufactures the iPhone sold in the US in India or any other country instead of America, then it would have to pay a tariff of 25 percent on the import. With Trump’s threat, Apple’s shares in the US stock market started heavy selling and investors started to get out by selling stake.
All the big exchanges of the US stock market are trading in red mark
Apple’s shares were trading at $ 196.23 at 11.32 pm on Friday at 11.32 pm (in the US at 2.02 pm) on NASDAQ at $ 2.55% ($ 5.13). On Friday, after a post -related post on Trump’s Truth, selling started on Wall Street and in early trade, Dow 30 0.94 percent (391.47 points) fell to 41,467.60. Apart from this, S&P500 was also trading at 64.68 1.11% to 5777.33 around 10:15 am. Nasdaq Composite suffered the most loss, trading at 18,663.90 points with a decline of 261.83 points (1.38%).
Microsoft, Nvidia shares also decline
However, in the US stock market today, not only Apple’s shares are seen declining, but the shares of many other big companies are also suffering losses. Shares of other major companies like Microsoft Corporation, NVDia Corporation, Amazon, Alphabet and Meta also saw a decline of up to 2 percent. If 25 percent of tariffs are applied by Donald Trump on the iPhone import, there may be a big increase in the prices of Apple iPhone in the US.
Made in India iPhone is being sold in America
Let us tell you that the iPhones sold in America remain in India. Donald Trump does not want the manufacturing of iPhone sold in America to be in India or any other country. For this, he has also interacted with Apple CEO Tim Cook. Trump has directly asked Cook to manufacture it in America instead of making an iPhone in India or any other country.
Latest business news
