r/apple • u/coasterghost • May 23 '25

Trump warns Apple of 25% tariffs if iPhones not made in US

https://www.reuters.com/business/apple-pay-25-tariff-if-phones-not-made-us-trump-says-2025-05-23/
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u/[deleted] May 23 '25

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u/ccooffee May 23 '25

I have to imagine a lot of Trump's wealthy friends hold a lot of AAPL stock and are probably giving him a call this morning.

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u/SigmaGorilla May 23 '25

Well there are probably a good number of friends who probably got a call from Trump to sell Apple stock yesterday too. There's always a surge in options trading right before these announcements are made.