Here's How Apple, Hardware Suppliers Could be Hurt by Trump's Trade Crackdown
If President-elect Donald Trump follows through on his campaign rhetoric and rips up trade agreements with nations such as China and Mexico, the impact would ripple through tech hardware companies and suppliers.
Apple (AAPL) would among the high-profile names to take a hit though a number of other electronics manufacturing services companies such as Jabil Circuit (JBL) , Flex (FLEX) and Plexus (PLXS) . The company generates about 24% of its revenues from China, according to Deutsche Bank estimates, while FactSet puts its China revenue exposure at about 21%.
The company could face bigger problems at home, however. The U.S. remains...