Apple is enduring significant challenges due to tariffs imposed during the Trump administration. With China escalating its trade retaliation, including a 34% tariff on US goods and new restrictions on rare earth materials crucial for electronics, the repercussions are severe. These materials are indispensable for manufacturing devices like smartphones and electric cars. Although Canada and other nations possess some rare earths, China's dominance over 90% of production amplifies its strategic leverage, complicating matters for tech companies dependent on these components.
We are still within the sequence of energies described in Newton's Third Law of Motion, "every action has an equal and opposite reaction."
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