Tariffs or Not, I'm Avoiding These 2 Tumbling Stocks

The Trump administration's sweeping global tariffs and the potential for a spiraling trade war has hit stocks hard. While some bargains will likely emerge from the chaos, investors should choose wisely. Apple (NASDAQ: AAPL) and Wayfair (NYSE: W) were already having multiple issues before Trump took office, and tariffs will only make things worse.Apple uses Chinese manufacturers to produce most of its devices, along with some partners in India, Japan, South Korea, Taiwan, and Vietnam. With essentially every country hit with some level of tariffs from the Trump administration, that diversification isn't protecting the company.Tariffs could force Apple to raise its already high prices, reducing demand for its iPhones and other gadgets. However, there were plenty of reasons to avoid the stock even before widespread tariffs were announced.Continue reading

Apr 8, 2025 - 10:09

Tariffs or Not, I'm Avoiding These 2 Tumbling Stocks

The Trump administration's sweeping global tariffs and the potential for a spiraling trade war has hit stocks hard. While some bargains will likely emerge from the chaos, investors should choose wisely. Apple (NASDAQ: AAPL) and Wayfair (NYSE: W) were already having multiple issues before Trump took office, and tariffs will only make things worse.

Apple uses Chinese manufacturers to produce most of its devices, along with some partners in India, Japan, South Korea, Taiwan, and Vietnam. With essentially every country hit with some level of tariffs from the Trump administration, that diversification isn't protecting the company.

Tariffs could force Apple to raise its already high prices, reducing demand for its iPhones and other gadgets. However, there were plenty of reasons to avoid the stock even before widespread tariffs were announced.