Apple adds $ 180 billion to its market capitalization while Trump reveals that he spoke to CEO Tim Cook after the withdrawal of China prices

• Apple's action jumped 6% on Monday, adding around $ 180 billion to its market capitalization after the United States and China agreed to reduce the reciprocal prices by 125% to 10% for 90 days. President Trump said he spoke with CEO Tim Cook to boost Apple American investments after the news.

Apple's shares jumped more than 6% after the announcement on Monday that the United States and China accepted a truce in their escalation of the trade war. The Apple market rally has added around $ 180 billion to its market capitalization now approximately 3.15 billions of dollars.

After what Trump called “very friendly” discussions in Switzerland last weekend, the two nations announced a 90-day agreement as part of a “total reset” in relations, with already planned follow-up negotiations. Under Monday's agreement, the two countries will reduce their reciprocal prices by 125% to only 10%.

Trump has developed development as a victory for the United States, telling the White House journalists: “China was very bad.

The market increased on news, the S&P 500 winning 3.26% led by a strong performance of technological companies. Apple and Amazon saw the biggest gains, the actions jumping respectively 6.3% and 8.07%.

In a note, Dan Ives de Wedbush described the development of the “best case” of weekend discussions.

“With the United States / China clearly on an accelerated path for a wider agreement, we believe that new heights for the market and technological actions are now on the table in 2025, because investors will probably focus on the next steps of these commercial discussions that will occur in the coming months,” he wrote.

Apple is particularly exposed to the Trump trade war with China

Apple was hardly affected by the Trump trade war with China, because the country is a key manufacturing center for technological society.

Apple is particularly vulnerable because a large part of its supply chain for iPhones, Apple watches and iPad operates outside the United States, mainly in Asia.

Morgan Stanley analysts previously estimated that Trump prices could reduce the company's profits by 7% next year, reducing $ 8.5 billion compared to its results.

Apple has already weighed an increase in prices for its range of autumn iPhones, but the company has tried to avoid a scenario where price increases can be charged to American prices, speak Wall Street Journal.

In April, Key apple goods– including iPhones and MACS – has given relief from a 145%highest sampling handle.

Even after Sunday's agreement, the components manufactured in Beijing will always lead to a 30% load, and Apple also faces a 10% price on products assembled in other centers such as India and Vietnam.

Trump checked the company on Monday, announcing that he had spoken to the CEO of the company, Tim Cook, following the announcement.

“I spoke to Tim Cook this morning, and he's going, I think, even up his figures,” the president told journalists at the Oval Office. “$ 500 billion, he will build a lot of plants in the United States for Apple. And we are looking forward to this.”

Cook has already undertaken to spend $ 500 billion to strengthen its American operations, but experts say that Apple's production line change will take time and may increase short -term prices.

Apple representatives did not immediately respond to a request for comments from Fortune.

This story was initially presented on Fortune.com