U.S. Tariff Threat Hits China-listed Apple Suppliers

SHANGHAI, May 26 – Shares of China’s significant Apple suppliers, including Luxshare, Goertek, and Lens Tech, plummeted sharply on Monday following a tariff threat by U.S. President Donald Trump. Trump’s announcement to potentially levy a 25% tariff on imported iPhones has sent ripples through the international markets. The threat, issued last Friday, is seen as a major escalation in the ongoing trade conflict between the United States and China. The proposed tariffs specifically target iPhones imported by U.S. consumers, sparking concerns over increased costs and diminishing profits for key Chinese manufacturers. According to market analysts, the looming tariffs could further…