Particle.news
Download on the App Store
8 ARTICLES
·
6d ago

Apple's Market Value Soars $180 Billion Following U.S.-China Tariff Pause

A 90-day tariff suspension triggers stock rally as President Trump discusses expanded U.S. investments with CEO Tim Cook.

Image
Image
Under Monday’s agreement, the two countries will cut their reciprocal tariffs from 125% to just 10%.

Overview

  • The U.S. and China agreed to a 90-day pause on reciprocal tariffs, significantly easing trade tensions and boosting market confidence.
  • Apple's stock surged 6%, adding approximately $180 billion to its market capitalization, now standing at around $3.15 trillion.
  • President Trump revealed a conversation with Apple CEO Tim Cook, indicating potential expansion of Apple’s $500 billion U.S. investment plan, including new domestic manufacturing plants.
  • Despite the tariff pause, Apple continues to face duties on components from China and products assembled in India and Vietnam, complicating its supply chain strategy.
  • Relocating even 10% of Apple’s production to the U.S. could cost around $30 billion, highlighting the challenges of reducing dependence on Chinese manufacturing.