President Trump is open to providing exemptions for certain American companies, like Apple, that have been hit hard by tariffs.
While addressing the possibility of exemptions, Trump stated that some companies may be hit harder due to the nature of their industry and he would consider it instinctively.
MacDaily News suggests that Apple is likely to receive import tariff exemptions on important products due to its financial strength and revenue generating capacity.
Apple's stock surged over 15% following President Trump's announcement of a 90-day pause on tariffs.