Bloomberg Daybreak: Asia Edition
Can Apple Dodge New US Tariffs?
Mar 31, 2025
Catherine Thorbecke, a Bloomberg Opinion Columnist based in Tokyo, discusses Apple's intricate ties with China and the looming impact of US tariffs. James Abate, Chief Investment Officer at Centre Asset Management, sheds light on the economic implications these tariffs may have on global markets. The conversation dives into Apple’s challenges with local competition, the pressing need to diversify supply chains beyond China, and the potential repercussions of these dynamics on the stock market amidst uncertain economic indicators.
20:35
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Quick takeaways
- Apple's reliance on the Chinese market presents both challenges from local competitors and opportunities for strategic engagement amid rising tariffs.
- The anticipation of new U.S. tariffs is creating a risk-off climate in global markets, particularly affecting semiconductor companies reliant on American trade.
Deep dives
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