Comment on Trump’s trade war means Apple’s earnings could fall by 29%

Trump’s trade war means Apple’s earnings could fall by 29%

China can’t compete with America on raising tariffs, so it may choose to hinder American tech giants to show its power. As the trade war between the U.S. and China sees no signs of abating, investment banking firm Goldman Sachs says Apple’s earnings could take as much as a 29% hit if China decides to retaliate against well-known American companies like Apple.

 

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