Trump’s China tweet sends Apple down 3.5% in pre-market trading

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Stock futures plummeted overnight, Apple more than most.


From the BBC:

Stock markets in China and Europe have been hit after US President Donald Trump threatened new tariffs on China, putting a trade deal in doubt.

He said on Twitter the US would more than double tariffs on $200bn (£152bn) of Chinese goods on Friday and would introduce fresh tariffs.

Recent comments had suggested both sides were nearing a trade deal.

My take: That’s one way to change the subject.