Trump’s Huawei ban is hurting these U.S. companies’ stock.
The company that can absorb a severe blow is Apple. The technology giant not only produces almost all its products in China, but the latter also accounts for 16% of the company’s sales, which is also building the country as a significant growth channel. This position makes it particularly vulnerable to harassment by the Chinese government, which can escalate its activities through restrictive regulations, high fees, and other penalties.
Apple will also be an appropriate target in response to a major technological hurt, such as Huawei, in view of the particular overlap in their areas of activity.
AAPL SHORT (Sell)
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