What Does Trump's New Announcement With Apple Mean for Investors?

Apple (NASDAQ: AAPL) shareholders are still celebrating last week's unexpected turn of events in Washington, D.C. After months of worries over ever-costlier tariffs on imported goods -- including its all-important iPhone -- Apple is now (mostly) off the hook. The White House announced on Wednesday that in exchange for an additional $100 billion worth of investment in American manufacturing of the tech used in its devices, Apple would be exempt from the 100% import tariff President Donald Trump has recently threatened for any semiconductors shipped into the United States.The specifics of the exemption and Apple's plans still aren't clear, nor is it clear they ever will be. Apple also seemingly made the investment decision independent of President Trump's involvement, yet Apple CEO Tim Cook was still present when the president made the announcement from the White House on Wednesday. The president only explained of the newly proposed chip and semiconductor tariff that "the good news for companies like Apple is if you're building in the United States or have committed to build, without question, committed to build in the United States, there will be no charge."What is clear, however, is that Apple and its shareholders are better off with Tim Cook working with the U.S. president than they are by working around him.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool