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Apple Suppliers in China Tumble After Trump Threatens New Tariffs on iPhones

AsianFin -- Shares of major China-listed Apple suppliers—including Luxshare Precision, Goertek, and Lens Technology—fell sharply at the open on Monday following fresh tariff threats from U.S. President Donald Trump.

On Friday, Trump signaled a possible escalation in the ongoing U.S.-China trade war, warning that he may impose a 25% tariff on all iPhones imported into the United States. The comments sent shockwaves through Apple's supply chain in China, raising investor concerns about potential disruptions and higher costs.

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