Apple (AAPL), which counts China as its largest manufacturing hub and the U.S. as its largest market, has found itself in the center of a geopolitical fight than threatens tariffs and regulatory probes, Mark Gurman of Bloomberg reports. The Trump administration’s new 10% levy on Chinese-made is poised to hurt the company as it suffers from sluggish iPhone sales. Meanwhile, China’s antitrust watchdog is weighing a probe into the company’s App Store policies. Apple was able to obtain an exemption to iPhone tariffs during the last Trump administration, but it is unclear if the company will be able to a second time around.
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