Apple will announce a $100 billion investment in the US today. The White House says that Trump will make the announcement today (Tim Cook will be in the US today so I assume he is all in). Shares are currently trading up 1.41% in premarket trading at $205.80.
Looking at the daily chart of Apple, it fell back below its 100-day moving average earlier this week at $206.05. With the price currently trading at $205.80, the price still remains below that moving average. It would take a move back above the level to tilt the technical bias more to the upside. The all-time high price came in at $260.10.
Apple manufactures a significant share of its products in India and China—two nations directly in Trump’s tariff crosshairs. This presents an ongoing headwind for the company. Producing iPhones in the U.S. is widely seen as far more expensive than in India or China, making domestic production economically challenging. Whether Apple’s planned U.S. investments will earn it an exemption from iPhone tariffs remains to be seen. What they manufacturing the United States will also be a question
Beyond iPhones, Trump is also proposing tariffs on chips manufactured outside the U.S., adding another layer of cost pressure. The result could be higher prices and supply chain disruptions—yet with more tariff revenue flowing into Washington.
Make America not so Great Again, but tariff revenue will be coming in.
