Squawk on the Street Cramer's Morning Take: Apple 4/11/25
Apr 11, 2025
Jim Cramer and Jeff dive into the impact of rising interest rates on the stock market, detailing the challenges companies face. They delve into the complexities of trade tariffs, particularly for Big Tech. The discussion highlights the mounting political pressures on Apple, focusing on its dependence on China and the potential risks from deteriorating U.S.-China relations. Listeners gain insights into how these factors may shape Apple's business strategy moving forward.
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Economic Headwinds
- Rising interest rates negatively impact the stock market, making borrowing more expensive.
- Tariffs, according to Larry Fink, could add $25,000 to a home's price, further impacting the economy.
Trade War Impact
- China's retaliatory tariffs signal the end of $438 billion in trade with the U.S.
- Companies like Five Below and Tesla are already reacting to the escalating trade war.
Apple's China Problem
- Apple's heavy reliance on China for manufacturing puts it at odds with the current U.S. administration's policies.
- Cramer considers selling Apple stock due to these political and economic pressures.