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

President Donald Trump engaged in talks with Apple CEO Tim Cook following the 90-day suspension of most tariffs between the U.S. and China. Cook plans to increase Apple’s investment in U.S. operations, potentially building plants in the U.S. to expand its $500 billion commitment. Despite some relief from the trade war truce, Apple still faces tariffs on Chinese imports and products from other hubs. The Trump administration is pressuring Apple to move production, including iPhones, to the U.S. Cook discussed Apple’s tariff strategy of sourcing products from Vietnam and India, and reports suggest a possible price hike for fall iPhone models. Apple’s stock rose 6.3% post-tariff suspension, but remains down 13.56% year-to-date.



Read more at Yahoo Finance: Trump Talks $500 Billion US Investment After Tim Cook Call