Trump’s Chinese tariffs could reduce Apple revenues by 5%, profit by 1%, says analyst

Trump’s latest proposal for the administration’s trade war with China would see a 25% tariff imposed on a number of Apple products, among them the Apple Pencil, AirPods, Apple Watch and Mac mini.

That’s already hit the share price of a number of Apple suppliers, but now an analyst has estimated the likely impact on the Cupertino company itself …

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