Apple shares rise as US investment pledge eases tariff concerns
ReutersAug 7, 2025 6:16 AM
Aug 7 (Reuters) - Iphone maker Apple AAPL.O shares rose 1.6% in early Frankfurt trade after the company committed an additional $100 billion in U.S. investments, easing concerns over the impact of Washington's tariffs on semiconductor imports.
President Donald Trump said a new 100% tariff rate he announced on Wednesday would not apply to companies that have made a commitment to manufacture in the United States.
"We believe concerns over incremental tariff impact to Apple have eased," Citi analysts wrote.
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