Trump’s tariffs have returned Microsoft the title of the world’s most valuable company
Translated with AI from the Russian original.
Microsoft has once again become the most valuable company in the world, unseating Apple amid US trade tariffs against China. The recent decision by the Trump administration to introduce a 104% tariff on goods from China hit Apple particularly hard, as a significant portion of its production, including the iPhone, is concentrated in China.
According to CNBC, Apple shares have plummeted 23% over the past week alone. The reason is concerns that the company’s products will become too expensive in the US even for loyal fans. Microsoft, for its part, is less dependent on Chinese manufacturing and earns more from software. Its decline was around 7%, which proved enough to top the global market capitalization rankings once again.
Apple had previously conceded first place to Microsoft, then to NVIDIA, but quickly regained its positions. Now much depends on how the tariff war continues: if the duties remain in place, Apple risks staying in second place for a long time.
For comparison, Microsoft became the leader last year as well, but the situation changed quickly. This time, the advantage was brought about not by technological breakthroughs, but by economic and political decisions that impacted the market.
***
Cover author: Microsoft. Cover source: Gamereactor
Never miss our newsAdd this site to your preferred sources to see us more oftenAdd on Google
