Apple Stock Slides as Trump Floats 25% iPhone Tariff

  • Apple Inc (NASDAQ:AAPL) stock is down 2.3% to trade at $196.80 at last glance, after President Donald Trump threatened to slap 25% tariffs on iPhones made outside of the U.S. Trump also noted he wants the  tech behemoth to produce the devices nationally, which would raise prices substantially.