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.
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