President Trump’s warning of a 25% tariff on imported iPhones sparked trade-war anxieties on Monday, resulting in a downturn for key suppliers listed in China.

The Effect on Supplier Stocks

• Luxshare Precision (OTC:AACAY), an iPhone and AirPods assembler, fell by 2.2%.

• Lens Technology (SZ:300433) suffered a decrease of 1.8% amidst worries about panel exports.

• Goertek (SZ:002241), known for producing audio components, fell by 1.1%.

The swift sentiment shift illustrates the quick impact on component manufacturers when trade issues arise. For traders interested in identifying short-term momentum and market conditions, the Technical Intraday (Williams) API provides up-to-the-minute insights into individual ticker performance.

Understanding the Tariff Timeline and Market Responses

Trump’s announcement followed his Friday threats of 50% tariffs on European Union goods—actions he later postponed in light of market upheaval. While a baseline tax of 10% remains on most imports, a significant 30% tariff looms over many products from China.

In response to these developments, Apple is accelerating its decision to relocate U.S. iPhone production to India by the end of 2026 to evade possible tariffs. However, a complete transition to American assembly lines seems unlikely due to the complexity of the production process.

Evaluating Revenue Dependencies

Many component suppliers rely heavily on revenue from their Apple contracts. To gauge their exposure to smartphone components versus other products, investors can access detailed segment data through the Revenue Product Segmentation API, indicating exactly how much of Luxshare’s or Goertek’s income stems from smartphone production.