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Apple's stock price has rebounded consistently; is the market betting on tariff exemptions for the iPhone?
"90% of investors believe that Apple will receive a tariff exemption," after all, Apple has received an exemption once during the Trump 1.0 period. Wall Street believes that under the "America First" policy, Trump may not want to harm iconic American companies like Apple, especially after the company promised to invest 500 billion dollars in the USA over the next four years.
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