AAPL crumble: stock hit again, as White House clarifies 145% China tariff rate

After a brief respite on Wednesday, Apple's stock restarted its downward trajectory triggered by President Trump's accelerating tariff battle with China.Apple's shares have had a bad time since the tariff war began.On Wednesday, Apple ended the day at $198.85, up 15.3% from Tuesday's closing level, after Trump announced a pause on tariffs. Just one day later, Thursday's end of trading saw the Apple stock return to its previous downward trend.At the start of the session, early trading brought Apple's price down to 189.06, but that hit was short-lived as it shot up to $194.78 within an hour. At the time of closure, however, Apple's shares reached $190.42, down 4.24% from the start of the day. Continue Reading on AppleInsider | Discuss on our Forums