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Apple is the big tech firm most at risk from a US-China trade war

China accounts for nearly 20 percent of Apple revenues and the company is arguably the most successful U.S. technology firm in China. Other FANGs Facebook, Netflix and Alphabet are more insulated as their operations are minimal in China. Apple AAPL could be most at risk of all the big American technology firms if the trade tensions between the U.S. and China escalate.