Trump's Tariff Pause Sends Apple Stock Soaring

Following a pause on some hefty tariffs, Apple may benefit from President Trump's recent announcement. Trump hinted at future flexibility and the possibility of exempting some US companies. While Apple CEO Tim Cook's lobbying efforts for tariff exemptions were unsuccessful this time, Apple's stock price rebounded sharply after the news, nearing $200 per share. The pause excludes goods from China, where tariffs remain at 125%. Trump's stated goal of bringing manufacturing back to the US clashes with reality, as Apple's complex supply chain is unlikely to fully relocate.