Nvidia and Apple stocks show how investors are firefighting Trump’s tariff changes

From Yahoo Finance: 2025-04-18 12:27:00

In the midst of Trump’s trade war, Apple and Nvidia face volatility. Apple, heavily reliant on Chinese production, lost $773 billion in market cap post-tariff announcement. However, a tariff exemption for Apple products boosted shares by 2%. Nvidia wasn’t as lucky, losing $230 billion in market cap due to US chip export bans to China. Trump’s 10% global import tariff is in effect, with a 90-day pause on reciprocal tariffs, but semiconductors may face levies next.



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