Apple’s shares fall below $ 200 after the threat of additional tariffs by Trump

  • Donald Trump is enraged by Apple’s movement in India.
  • The president states that Apple must produce the iPhone sold in the US within the country or face a 25%tariff.
  • Futures of US shares fall more than 1% in Friday’s premarket after Trump threatens the EU with a 50% tariff.
  • Apple’s shares give 4% in Friday’s premarket.

The actions Apple (AAPL) They are again in the sight of US President Donald Trump on Friday, since the 47th President of America criticized the MAC company to invest in production capacity in India instead of in the United States.

In a publication in the social network Truth Social, Trump wrote:

“I a long time ago I informed [CEO] Apple tim cook that I hope the iPhone [sic] that will be sold in the United States of America are manufactured and built in the United States, not in India, or anywhere else. If that is not the case, Apple must pay a tariff of at least 25% to the US “

Apple’s shares were sold around 4% in the premarket by the news. The market thought that Apple was safe after the company was able to obtain an exemption for its iPhone last month while moving China’s production to India. The company also used private airplanes to import iphons by itself instead of depending on slower transport methods.

Apple also announced an investment of 500,000 million dollars in the US after Trump took office, something that many thought would calm Trump’s temperament.

Politico reported that Cook had a meeting at the Oval office with Trump on Tuesday, but both the White House and the company did not reveal what was discussed.

Trump admitted the reporters on his recent trip to the Middle East last week that was upset with Apple. He told reporters that “I had a small problem with Tim Cook.”

May 23, 2025 publication in Truth Social

May 23, 2025 publication in Truth Social

But that was not the end of Trump’s diatribe on Friday morning. He directed his commercial rhetoric to the European Union (EU). Stating that the Monetary Union was created to take advantage of the United States, Trump published that “commercial barriers, value -added taxes, ridiculous corporate sanctions, non -monetary commercial barriers, monetary manipulations, unfair and unjustified demands against American companies, and more” from the EU they had led to a commercial deficit of 235 million dollars with the US Figure is quite small, and Trump surely wanted to say “one billion” instead of “millions.” The US trade deficit for physical goods with the EU in 2024 was 235.6 billion dollars, according to the US trade representative office.

Trump then said he would be “recommending” a 50% tariff to the EU as of June 1, within nine days.

Apple shares prognosis

Apple’s shares are now quoted below the support level of $ 196 that comes from resistance and support during the period from June to August 2024. The closest support level comes from the minimum of May 7 in 193.25 $.

Other support levels, due to 2024, are located at $ 180 and $ 164. The fall of April 8 occurred between those levels and just below $ 170.

AAPL quotes below its simple mobile socks (SMA) of 50 days and 200 days, so another downward movement is definitely in better probabilities than those of a draw. The future of the Dow, S&P 500 and Nasdaq are all down between 1.1% and 1.7% in the premarket at the time of writing, so the bearish feeling is expected to lead to minimums intradica below Apple’s premarket levels.

Daily AAPL Shares Chart

Daily AAPL Shares Chart

Source: Fx Street

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