US President Donald Trump announced a series of tariffs on April 2, prompting companies such as ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/apple” target=”_blank”>Apple to adjust supply chains. However, the US suspended the tariffs on smartphones and other electronic devices as part of a broader 90-day pause.
The downgrade signals challenges for manufacturers that already face weakening sales amid heightened…

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