Trump’s latest trade barbs are hammering Apple stock and the British pound
|11/27/2018||Posted by BusinessMediaguide.Com under General World News||
- President Trump said on Monday night that he is considering tariffs on Apple products, which had previously been spared. Apple’s stock fell 1.4% in premarket trading.
- The pound has also lost ground after Trump said Theresa May’s Brexit deal threatens a future trade deal between the UK and US.
- Trump is threatening to escalate his trade war with China and warned of more tariffs. Global markets were even despite the comments.
- Follow global markets live with Markets Insider.
US President Donald Trump’s threats about slapping tariffs on iPhones sent Apple’s stock tumbling, while his barbs about Brexit sent the pound lower. read more >>>