Worst-case scenario sees $256/iPhone Trump tariff hit says Jefferies By Investing.com
Investing.com — In a note to clients Friday, Jefferies analysts outlined the potential impact of increased tariffs on Apple (NASDAQ:)’s iPhone if former President Donald Trump reintroduces higher trade barriers during a possible second term. While Apple has made efforts to diversify its production beyond China, the firm said the company remains heavily reliant on the … Read more