Apple’s actions drive Dow Jones upwards after Trump’s adjustment on tariffs on electronic products

• Apple shares rise almost 7.5% due to the partial exemption of tariffs in China.
• Trump announced Friday night that 145% tariffs on China would be reduced to 20% for consumption electronics.
• Wedbush and Keybanc react positively, but cite concerns about consumer spending and future tariffs.
• Apple could move a large amount of production from China to India.

Apple (AAPL) He responded bluntly to the decision of the Trump administration to exempt several categories of consumer electronics, such as computers and smartphones, their 145% tariffs on China. AAPL shares rose almost 7.5% at the beginning before going back to a gain of 3.6% in the morning negotiation.

Apple was the main winner in the Dow Jones Industrial Avenge (DJia) index, helping the latter to advance more than 1.1%. Meanwhile, the Nasdaq Composite, focused on technology, won 1.8%.

News about Apple’s actions

Apple’s address, including CEO Tim Cook, remained silent last week while US president Donald Trump increased tariffs on Chinese products of an original level of the release day of 54% to an amazing 145%. However, most observers believe that Cook was making calls in the background.

While analysts worried that tens of thousands of dollars would cost to produce iPhones in the USAApple silently transferred a large number of iPhones produced in India to the US for sale in order to wait for the storm to pass.

When Trump reduced his levels of tariffs on 10% liberation day on Wednesday, April 9, he raised both the level of his tariffs on China that the general level of trading tariffs was approximately the same general level (~ 27%) that his previous plan had foreseen.

Even so, Trump maintained the original 20% tariff on the goods produced in China that had been in force before the new tariffs announced on April 2.

“During the weekend, Trump retired partially, emphasizing that a 20% tax would be applied and that additional taxes not specified on technology would come. This erratic policy leads investors to question the existence of a competent plan,” said Paul Donovan of UBS.

Although Trump’s turn towards moderation in tariffs is a good sign, investors will continue to be cautious about the next technological taxes that Trump vaguely mentioned.

Keybanc analyst Brandon Nispel used the news to change his perspective On Apple’s actions to subpondear to sector weight, arguing that the exemption of tariffs “eliminates a great risk of the table.”

However, Nispel said that “growth expectations remain high looking at fiscal year 2026” and expects a setback in consumer spending to exercise pressure on gain calls in the next quarters.

Dan Iives of Wedbush Securities was positive about the partial exemption of Apple tariffs, but said that Tim Cook had “one or two months to plan its supply chain for a tariff component, being India probably the area with the greatest approach to the expanded production of iPhones.”

Apple shares price forecast

The good thing is that AAPL shares are maintained above $ 200, an important psychological level for operators. The bad thing is that Apple’s actions They have been in downward trend after reaching its maximum intradic in the first five minutes of negotiation on Monday.

This could mean that Apple’s shares rotate again to test the $ 196 again, both the minimum of the collapse of August 5, 2024 and a resistance point in January 2024. Although the short -term perspective is upward, the long -term perspective is definitely negative.

The simple mobile average (SMA) of 200 days (purple) has crossed below its 50 -day counterpart (blue), indicating a pattern of crossing of the bearish death. With the bustling nature of Trump’s policy formulation, another round of chaos could begin in early July when the 90 -day tariff break ends. Long -term support is $ 180 and $ 164.

To recover trust, AAPL needs to overcome the 200 -day SMA, which is below 230 $.

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