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If you have an older Apple device that you've been considering upgrading, you're probably wondering how the newly announced tariffs might impact prices going forward, and whether it's worth buying now before there's a price hike.
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Apple stock dropped 4% in early Friday trading, broadly following yesterday's trend after China announced reciprocal tariffs in response to U.S. President Trump's trade policies.
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Smartphones, laptops and tablets are mostly made in China and had zero tariffs before Trump took office. Not anymore.
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The president said China was "not happy" with his tariffs, which are currently decimating the U.S. stock market.
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