Jim Cramer on Apple: High rating and tariffs
Apple $AAPL (-0,82%) is currently the center of attention for CNBC host Jim Cramer, who takes a critical look at the stock's worrisome performance. This year, the popular tech stock has already lost 12.4% in value, partly due to the negative impact of President Trump's tariff announcements. The latest measures and manufacturing challenges in China raise serious questions about how these tariffs could impact Apple's financial health. Cramer has questioned the stock's high price-to-earnings ratios in recent weeks and believes the current valuation may be stretched. He urges investors to keep a close eye on Apple's performance and provocatively asks the question: "What are we really paying for Apple?" Cramer is also optimistic about investment opportunities in the field of artificial intelligence, which he believes could offer better growth potential.
Bessent warns of the return of tariffs
In the US, Treasury Secretary Scott Bessent recently announced that tariff letters will be sent to around 100 countries in the coming days. This measure follows the end of the Trump administration's 90-day tariff lockdowns. Bessent issued a stark warning that the original tariffs, which were set on April 2, could return if negotiations do not make progress. The letters could include tariffs ranging from 10% to a staggering 70%, with Bessent clarifying that the highest rates will not apply to major trading partners. This move could have a significant impact on global trade, particularly in the context of existing tensions between the US and China. Bessent sees himself in a strong negotiating position and calls on trading partners to act quickly to avoid higher tariffs and stabilize trade relations.
Sources:
https://finance.yahoo.com/news/apple-inc-aapl-pay-apple-191213724.html
https://finance.yahoo.com/news/bessent-says-tariffs-boomerang-liberation-162740244.html