Apple (AAPL, Financial) shares are continuing to decline with a 4.5% drop in pre-market trading, potentially falling below the $180 mark. Recent US media reports indicate that the implementation of "reciprocal tariffs" could lead to price increases for Apple's major products sold domestically.
According to Bloomberg, these tariffs could pose one of the biggest challenges Apple has encountered. Despite efforts to diversify its production and adjust its supply chain, Apple may still face increased costs and pressure on profit margins if the tariffs are enacted as planned.
