When the upper brass of Bay Area tech flocked east to pay their respects to Donald Trump earlier this year, they surely expected some preferential treatment in return. But instead, the president just hit them where it hurts.

The remainder of Apple CEO Tim Cook's Restricted Stock Units couldn't have vested at a better time, with 108,136 shares sold just before tariffs were announced.

This marked a significant escalation over the tariffs he had already pushed through, even as US stocks have tumbled on fears of inflation and recession. Trump, it turns out, wasn’t bluffing. “Tariffs are a tool the president

U.S. futures indexes fell sharply early on Thursday, led by a deep slide in major tech stocks, while global markets also faced a major selloff after President Donald Trump’s sweeping reciprocal tariffs raised fears of a global trade war and recession.

Apple has warned that tariffs could hurt its business, prompt it to increase prices and potentially force it to stop offering certain products altogether.

Donald Trump's so-called "Liberation Day" has become a potentially expensive event for Apple, as tariffs are applied against imports from every foreign country in the Apple supply chain.

The iPhone maker suffered its worst single-day decline since 2020 as major suppliers in China, Vietnam, and India get caught in the economic crossfire.

President Trump’s new tariffs on imports from China, India, and Vietnam threaten Apple’s global supply chain. Here’s where iPhones are made—and how Apple is responding.

United States President Donald J. Trump finally announced tariffs that will affect governments and companies worldwide, including Apple.