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4mo 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.

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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.