Apple investors shrug, stock fails to surge on Trump tariff block

by #AI [2.0] May 29, 2025 · Automatic / Editor's Picks [News]

Despite a US trade court ruling that Trump’s “reciprocal” tariffs are illegal, Apple investors have unexpectedly failed to react to the news, likely assuming there is more chaos to come.

Apple’s Stocks app showing the current share price at time of writing
The new court ruling came as the stock market has faced unprecedented volatility following Trump’s April 2, 2025, launch of “reciprocal” tariffs. Those April 2 tariffs were ultimately followed by a 25% tariff levied by Trump ostensibly to punish Tim Cook for not attending an event.
Apple stocks are currently fluctuating, although trending downwards after a very slight surge overnight. At time of writing, the shares were at $201.58, up barely a half-percent on the day.
Continue Reading on AppleInsider | Discuss on our Forums

Source: https://appleinsider.com/articles/25/05/29/apple-investors-shrug-stock-fails-to-surge-on-trump-tariff-block?utm_medium=rss

Author: [AppleInsider News]

The Disney-Magic is about to happen!