{"id":179386,"date":"2025-04-09T21:24:38","date_gmt":"2025-04-09T21:24:38","guid":{"rendered":"https:\/\/peraltafinancing.com\/apple-2\/apple-stock-soared-over-15-today-ahead-of-possible-tariff-exemptions\/"},"modified":"2025-04-09T21:24:38","modified_gmt":"2025-04-09T21:24:38","slug":"apple-stock-soared-over-15-today-ahead-of-possible-tariff-exemptions","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=179386","title":{"rendered":"Apple stock soared over 15% today ahead of possible tariff exemptions"},"content":{"rendered":"


\n<\/p>\n

\n
\n\t\"Apple<\/figure>\n

It\u2019s been a wild day for the global economy. Amid US tariff turmoil<\/a> and reversals<\/a>, the stock market went on quite the ride. After nearly a week of big losses, Apple stock rebounded significantly with more than 15% in gains\u2014a result not only of the current tariff pause, but likely also exemption optimism thanks to new comments from President Trump.<\/p>\n

<\/p>\n

Rebounding Apple stock likely buoyed by exemption possibility<\/h2>\n

Apple\u2019s stock started the day at $171.95, a recent low in light of looming tariffs and an escalating trade war between the US and China.<\/p>\n

But following word that the most severe global tariffs were on a 90-day pause<\/a>, the stock soared and closed at $198.85<\/a>. This represents more than a 15% increase, though it\u2019s still down from pre-tariff numbers that hovered above $200.<\/p>\n

The temporary de-escalation is undoubtedly a big part of today\u2019s increases.<\/p>\n

So too, I suspect, is Trump\u2019s indication that certain US companies may be getting tariff exemptions.<\/p>\n

Annie Linskey writes for The Wall Street Journal<\/em><\/a>:<\/p>\n

\n

President Trump said Wednesday that he\u2019s considering granting some U.S. companies an exemption from his tariff program. \u201cThere are some that have been hard,\u201d Trump told reporters when asked about companies requesting exemptions. \u201cThere are some that, by the nature of the company, get hit a little bit harder. We\u2019ll take a look at that.\u201d<\/p>\n<\/blockquote>\n

9to5Mac\u2019s Take<\/h2>\n

Apple received tariff exemptions during Trump\u2019s first administration, and at least some analysts seemed to believe<\/a> the same would happen this time around.<\/p>\n

Though nothing is confirmed, it wouldn\u2019t be too surprising for Apple to be singled out as one of the companies that could \u201cget hit a little bit harder\u201d by tariffs. The company\u2019s supply chain is heavily based in China, the one place US tariffs are still escalating.<\/p>\n

In fact, Trump name-dropped Apple when discussing tariffs this afternoon<\/a>:<\/p>\n

\n

\u201cLook at Apple, Apple is going to spend $500 billion building a plant. They wouldn\u2019t be doing that if I didn\u2019t do this. They\u2019d just keep building them in China, and that\u2019s unsustainable.\u201d<\/p>\n<\/blockquote>\n

Yes, I\u2019d say exemptions for Apple seem very likely at this point.<\/p>\n

Best iPhone accessories<\/h3>\n
\n

FTC: We use income earning auto affiliate links.<\/em> More.<\/a><\/p>\n

\"\"<\/a><\/div>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"

It\u2019s been a wild day for the global economy. Amid US tariff turmoil and reversals, the stock market went on quite the ride. 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