The Direxion Daily AAPL Bull 1.5X Shares (AAPU) closed down 6.7% to $30.66 on February 3, 2025, as Apple Inc. shares fell 3.19% to $228.46 amid escalating trade tensions. The U.S. government's imposition of a 25% tariff on imports from Mexico and Canada, along with a 10% tariff on Chinese goods, has raised fears of retaliatory actions and potential disruptions in global trade. This aggressive tariff strategy has caught investors off guard, leading to a broad market sell-off. Despite Bank of America's assessment that Apple's profitability might remain resilient, the market remains cautious. Additionally, Apple faces challenges from recent downgrades by analysts due to competitive pressures and concerns over its reliance on Chinese suppliers. The company's stock has been further pressured by a downgrade from Oppenheimer and a reduced price target from Barclays, reflecting anticipated challenges in the upcoming quarters.