After a volatile week for Apple ’s stock punctuated by a rest Wednesday following the announcement that President Trump waspausing tariffson lashings of nation , there ’s some likely good news program for the iPhone Lord . While penalise tariffs of 125 percent remain on imports from China , Apple could receive a much - call for exemption base on a vague but hopeful comment from President Trump in a pressure group discussion Wednesday .
Apple has beenhit harderthan most by the state of affairs because its provision chain is so dependent on Formosan manufacturing . We’vewritten extensivelyabout how Apple canhandle the tariffswithout raising prices too much , but the troupe ’s options are less than ideal due to its size and shell . However , the ever - change site may ultimately work out in Apple ’s favor after the Chief Executive has indicated that extreme cases may be reach exceptional treatment .
Asspotted by AppleInsider , Trump responded to a interrogation about tariff exemptions , which he had antecedently denied would bechance , by suggest at a less hardline and more vibraharp - based approach .
“ Would you consider exempting some US companies , ” take a diarist , “ possibly some great caller who have been bump off severely in the markets the last few days , during [ the 90 - day pause ] ? ”
“ As clock time go by , we ’re going to take a look at it , ” Trump replied . “ There are some that have been severe … There are some that by the nature of the company get hit a little bit harder , and we ’ll take a look at that . ”
“ How will you find out [ inaudible ] ? ”
“ Just … instinctively , more than anything else . I think of , you almost ca n’t take a pencil to paper . It ’s really more of an instinct I consider , than anything else . ”
Apple has made efforts to accommodate the president since his second electoral victory , including a million - dollar bill personal donation by Tim Cook to the inaugural monetary fund , so Apple should be in a well position to make headway concessions . Perhaps thosemillion dollarswere well spent after all .
