Apple shares slip after Donald Trump remarks

Apple continued its downward slide after US President Donald Trump suggested that 10% tariffs could be placed on mobile phones, like the iPhone, and laptops made in China.

The shares, which have lost about a fifth of their value in a tech market rout since October, fell 1% in New York at one stage. Earlier in the week, Apple briefly ceded its crown as the world’s most valuable publicly traded company to Microsoft.