Squawk on the Street Stocks' Double Whammy: Trump Threatens EU, Apple With Tariffs 5/23/25
May 23, 2025
Tariff threats from President Trump are shaking stock markets in the U.S. and Europe, especially impacting giants like Apple and Microsoft. The discussion highlights strategies for navigating market volatility as experts suggest how Tim Cook should respond. Insights on the memecoin craze and Disney's impressive rally add intrigue. Plus, Elon Musk shares exciting news about Tesla's Optimus robots, showcasing the future of robotics. Meanwhile, playful banter about personal nicknames adds a light-hearted touch to the financial analysis.
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Trump's Tariff Shock to Markets
- President Trump's tariffs on the EU and Apple caught markets off guard and threaten global trade relations.
- The move reflects his shift from traditional market support to imposing economic pain strategically.
Investment Strategy Amid Tariffs
- Don't panic or sell in reaction to Trump's tariff threats, but also hold off on buying immediately.
- Wait for a market bounce around Tuesday to consider picking up quality stocks at better prices.
Apple Faces Tariff and Price Pressure
- Apple's challenge is manufacturing iPhones in the U.S. to avoid a 25% tariff, which is not realistic currently.
- The tariffs could force Apple to raise U.S. iPhone prices by $100-$200 to maintain margins.