Apple shares are positioned for downward pressure amid escalating geopolitical trade tensions, which caused Nasdaq 100 futures to drop 1.4%.
- The 10% tariffs, stemming from the Greenland sovereignty dispute, are set to begin on February 1 against eight European nations.
- The impending tariffs are scheduled to escalate to 25% by June, posing a material risk to Apple’s profitability and supply chain, and overshadowing optimism for the upcoming Q1 2026 earnings release.