Ron Burgundy Posted November 14, 2016 Share Posted November 14, 2016 By Noel Randewich SAN FRANCISCO (Reuters) - Apple's stock extended recent losses on Monday after a warning that iPhone sales could suffer if President-elect Donald Trump follows through on campaign threats to impose new tariffs on China. Apple is among several major technology stocks, including Amazon.com , Facebook and Alphabet , selling off since Tuesday's election as investors shift funds into financial and public works companies seen benefiting from deregulation and infrastructure spending under President-elect Trump. Adding to concern for Apple investors, an op-ed published in the China government-backed Global Times on Sunday warned of "tit-for-tat" retaliation should Trump follow through on a campaign pledge to impose 45-percent tariffs on all imports from China. View the full article Quote Link to comment Share on other sites More sharing options...
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