Apple's share price and pound exchange rate have fallen, following threats and criticism from US President Donald Trump for both the US company and the BRICC, Monday evening.
In an interview with the Wall Street newspaper, Trump threatened to impose tariffs on Apple products imported from China. The company's shares fell 1.4 percent on Tuesday morning, Business Insider reported.
The US administration has exempted Apple products from tariffs imposed on China previously, but Trump seems to be changing his mind.
Trump is expected to meet Chinese counterpart Xi Jinping at the upcoming G20 summit in Argentina.
Trump did not provide the British currency. His criticism of Britain's recent BRIC agreement with the European Union has caused the pound to depreciate.
In his criticism, Trump questioned the possibility of a trade deal between Britain and the United States, which he had promised to reach if Britain emerged from the union.
Trump said: "We have to seriously see whether Britain will be allowed to trade with us, because now you know if you look at the agreement may not be able to trade with us .. This will not be a good thing."
These statements led to a decline in the exchange rate of the pound by 0.5 percent against the dollar.
