Among the shares of the large “Seven Magnificent Seven”, Apple (Aapl) And nvidia (NvdaThey found themselves at the forefront of Trump’s trade war.
This week, for the best and the worst.
Technical shares have been fluctuated since then Declaration of Trump’s mutual tariff “Liberation Day” on April 2 It is one of the most prominent examples of how investors are fighting through the changing aggressive trade rules of management.
Apple was initially the largest loser of trade rules, with about 90 % of iPhone devices in China, according to the “Wedbush Dan IVES analyst. Company Large technology shares led to the bottom In the days after a declaration of Trump’s mutual tariffs on April 2, up to 773 billion dollars in the market ceiling.
Read more: Latest news and updates on Trump’s tariff
A Exempting tariffs for some consumer electronics – All Apple products mainly cover – announced late last Friday by customs and US border protection Some pressure on the shares earlier this weekWith the increase in the shares of the iPhone maker by more than 2 %.
Apple recovery helped to stop the losses of the market Its value briefly placed over 3 trillion dollars.
Nafidia was less fortunate this week.
The company revealed late on Tuesday that the United States government has effectively banned its specialized chips exports to China, Sending stocks to approximately 7 % on Wednesday.
Although the artificial intelligence maker has lost a lesser share of Apple since April 2, most of the pain came this week as the maximum company market decreased by 8 %, or $ 230 billion. During that same period, the Apple stock decreased flexible.
“In our opinion, this last development increases the uncertainty in investors in an already confirmed environment,” Stifel Robin Roy analyzed in a Wednesday analysis.
Trump has so far enacted a 10 % tariff on all international imports, which entered into force on April 5.
The “mutual” definitions that were initially accelerated to accelerate April 9 were Stop temporarily for 90 daysWith the exception of a 145 % is a duty of Chinese imports.
More uncertainty is also waiting for us.
This week, Trump has prepared the road to semiconductors after news of exemptions for technical products: The Trade Administration has opened an investigation into computer chips Under a law, the president gives the ability to impose fees on imports due to national security.
Trump has promised that most of the electronics will remain selected in its tariff, which could harm NVIDIA, Apple and other large technology companies.
“We are taking a look at the semiconductors and the full supply chain of electronics in the upcoming national security tariff investigations,” as published on Sunday.
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