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Apple production hubs – and Apple stock – hit by U.S. import tariffs
Thursday April 3, 2025. 03:41 PM , from Mac Daily News
![]() Apple is currently directly in the line of fire of President Donald Trump’s latest tariffs set to kick in on April 9th, despite years of efforts to shield the company from trade conflicts and supply chain chaos. The White House’s extensive new levies, announced Wednesday, are set to strike the company hard, sparking an after-hours stock plunge on Wednesday that carried into Thursday trading. These reciprocal tariffs will climb to 34% for China, pushing the total rate on Chinese goods to 54% and jeopardizing Apple’s supply chain, which remains deeply rooted in the Asian nation.: [The] tariffs also cover Apple’s other manufacturing centers, undercutting efforts to shift away from China. Though the company still produces the majority of its US-sold devices in Chinese factories, Apple now makes its wares across a swath of nations. • India, where Apple is increasingly building iPhones and AirPods, is getting a 26% reciprocal tariff. • Vietnam, where the company now makes some AirPods, iPads, Apple Watches and Macs, will be hit with a 46% levy. • Malaysia, where Apple is increasingly making Mac computers, will have a 24% tariff. • Thailand, where the company also makes some Macs, will get a 36% levy. • Ireland, within the European Union, gets a 20% tariff. Apple produces some iMacs there. The announcement jolted investors, who have grown increasingly concerned that tariffs will hurt Apple’s bottom line. MacDailyNews Take: As we wrote back in March: There’s an exceedingly simple way for countries to avoid reciprocal U.S. import tariffs. Whatever tariff level you want is the tariff level you impose. If you don’t wish to face U.S. import tariffs, don’t impose tariffs on U.S. products and services. Please help support MacDailyNews — and enjoy subscriber-only articles, comments, chat, and more — by subscribing to our Substack: macdailynews.substack.com. Thank you! Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post Apple production hubs – and Apple stock – hit by U.S. import tariffs appeared first on MacDailyNews.
https://macdailynews.com/2025/04/03/apple-production-hubs-and-apple-stock-hit-by-u-s-import-tariffs/
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