From Yahoo Finance: 2025-05-14 12:02:00

Apple is considering moving its manufacturing operations to maximize profits, despite potential backlash from President Trump. Billionaire Wilbur Ross discusses Apple’s strategic moves on the Opening Bid podcast. Apple has already shifted assembly from China to India, impacting the US-China trade war.

The US and China have agreed to reduce reciprocal tariffs on goods, easing tensions from the trade war. China will cut its retaliatory tariffs on US goods, while the US will reduce tariffs on Chinese goods. This move has led to a market rally, with the S&P 500 seeing a 4% increase since Monday.

Apple has leveraged trade policy uncertainty to diversify its supply chain and invest $500 billion in the US. The investment will focus on a new manufacturing facility in Houston to produce servers for Apple Intelligence. However, there are no plans to manufacture consumer hardware in the US due to a skills gap.

Read more: Former Commerce Secretary Wilbur Ross