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Apple has its biggest stock drop in five years because of Trump’s tariffs / Amazon and Meta shares are down about 7%.
Amazon and Meta shares are down about 7 percent.
Todd Haselton is a deputy editor with 18 years of experience writing and editing product reviews, gadgets and business news. Shares of Apple, Amazon, and other tech stocks are getting walloped on Thursday as the markets digest the impact of President Donald Trump’s new round of tariffs announced on Wednesday evening. The tariffs, if they aren’t walked back, could mean increased prices on electronics for consumers or slimmer margins for companies like Apple and Amazon if they choose to eat some of the costs.
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