iTariff Threat: Trump Turns Up The Heat, But Apple's Chart Still Holds The Line
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President Trump has warned Apple Inc. to manufacture iPhones in the U.S. or face a 25% tariff. Despite this threat, the market is currently reacting calmly, with Apple stock down 17.42% year-to-date and trading below major moving averages. The stock is experiencing bearish trends, but some buying pressure is emerging as investors speculate on the likelihood of unilateral action from the Trump administration. Overall, while the charts indicate a bearish outlook, sentiment remains mixed as Apple has a history of managing political challenges.
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