Published , by Asif Khan
Published , by Asif Khan
Donald Trump is at it again with another flippant comment that is affecting the stock market. Today, the president told a pool of reporters that he could impose over $200 billion of tariffs on China "if he wants."
Apple has a very special presentation planned for next week, and today's report of additional tariffs on goods manufactured in China has set the stock (AAPL) down over $3/share in less than 15 minutes. Apple recently passed a $1 trillion valuation and the company is still "Buy" rated in our Game Trader video game and tech stock ratings. With only a few minutes left in Friday trading, Apple shareholders will have to deal with a stock that is down four consecutive days in a week that shares set an all-time high of $229.67/share. Shares currently sit around $220/share.