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President Trump says he talked to Apple CEO Tim Cook after reaching China deal

  • President Trump spoke with Apple CEO Tim Cook following the U.S.-China agreement to suspend most tariffs for 90 days.
  • Apple’s stock rose by 6% after the tariff pause announcement, outperforming the Nasdaq's 3% gain.
  • Trump mentioned that Apple will be investing in building plants in the U.S. and expanding operations, aiming to spend $500 billion.
  • Any easing of the U.S.-China trade war is expected to benefit Apple, which has a significant manufacturing base in China.

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