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Analyst says Apple, Tesla have biggest exposure to Trump’s tariffs

7 April 2025
in Technology
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Analyst says Apple, Tesla have biggest exposure to Trump’s tariffs
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Wedbush Securities analyst Dan Ives reduced price targets for Apple and Tesla due to President Trump’s tariffs threatening their businesses. Ives warned that Apple, with significant China production exposure, faces a “tariff economic Armageddon.” The analyst’s note highlighted the potential disruption caused by the tariffs on both companies.

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