Apple, Trump and iPhone
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The president said he would issue a 50% tariff on the EU and a 25% tax on Apple in a pair of Truth Social posts.
Apple Inc. has become a frequent target for attacks by President Donald Trump, a factor that has held the stock back as other big tech companies have rebounded over the past month.The iPhone maker was the biggest company in the world at the start of May,
Cramer is worried that Apple is losing easy revenue through regulatory tussles, geopolitical pressure, and OpenAI’s latest move.