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Apple Shares Jump 15% After Trump Pauses Tariffs, Adding
Published : 10-04-2025 - Duration : 00:35 - View : 4
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Apple shares jumped 15% on Wednesday after Trump announced a 90-day pause on “reciprocal tariffs,” according to CNBC. The rally added over $400 billion to Apple’s market cap, bringing it just under $3 trillion. It marked the company’s strongest day since January 1998, when Steve Jobs was interim CEO. Apple faced its worst four-day stretch since 2000 as Trump’s tariffs raised concerns about its reliance on imported physical goods. Most of its products are made in China, where tariffs rose to 125% on Wednesday.
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