---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/28586549.md"
description: "$Apple(AAPL.US)Citigroup: Currently over 90% of Apple's manufacturing processes are conducted in China. If Apple: 1) does not obtain exemptions from these mutually imposed tariffs; 2) needs to pay cumulative tariffs of up to 54% on Chinese products; 3) and does not reflect this cost in product pricing, this could reduce Apple's gross margin by approximately 9%.$GraniteShares 2x Long AAPL Daily ETF(AAPB.US)$Direxion Daily AAPL Bear 1x Shares(AAPD.US)"
datetime: "2025-04-03T00:55:09.000Z"
locales:
  - [en](https://longbridge.com/en/topics/28586549.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/28586549.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/28586549.md)
author: "[momoM](https://longbridge.com/en/profiles/7524795.md)"
---

# $Apple(AAPL.US)Citigroup: Currently over 90% of Ap…


### Related Stocks

- [C.US](https://longbridge.com/en/quote/C.US.md)
- [AAPL.US](https://longbridge.com/en/quote/AAPL.US.md)
- [AAPB.US](https://longbridge.com/en/quote/AAPB.US.md)
- [AAPD.US](https://longbridge.com/en/quote/AAPD.US.md)

## Comments (14)

- **第一公民的交易员 · 2025-04-03T01:25:43.000Z**: In the short to medium term, there will definitely be an impact on Apple. Trump's tariff policy will make Apple's production costs in the U.S. lower than outsourcing costs abroad, prompting Apple to move production back to the U.S. However, in the long run, it's unclear whether domestic production c
  - **momoM** (2025-04-03T01:38:43.000Z): Agreed, we need to compensate for some labor costs through automation, otherwise the gross margin will be permanently lost.
  - **彼得格里芬的交易员** (2025-04-03T01:39:52.000Z): I think it's very difficult. It would take at least two years to invest in and build an automated factory.
  - **第一公民的交易员** (2025-04-03T01:59:01.000Z): So in the short to medium term, it's definitely not good for Apple, but the long-term impact is uncertain.