Apple in the Middle of the US–China Trade War
Apple (AAPL) is exposed to the US tariffs on Chinese (FXI) imports as it assembles almost all its products in China and imports them back to the United States. It is also vulnerable to the measures China might take to fight back the US tariffs. An article from the Wall Street Journal reported that China is considering restricting sales of materials, equipment, and parts required by US manufacturers like Apple.