Silly tariff + silly exemption + silly (ridiculous) promise = AAPL share value jumps

This is the abstract of the madness:

• Trump says he’ll hammer chip / semiconductor imports with a 100% tariff

With me thus far? Good.

• Trump then says that he’ll exempt companies investing, and even intending to take a position, in US manufacturing from the large tariff

Following alongside OK?

Good, here is the sooner submit on this:

• Trump’s 100% chips tariff has a giant however (I like large buts and I can not lie)

Now Tim Cook dinner, CEO of Apple, is not any dummy, he was with Trump for all this b/s. He rapidly stepped up with a “certain factor, I am in” promise of US600bn funding over the following four years. Trump swallowed that, hook, line and sinker. For context. AAPL has invested $43bn up to now 4 years. LOL.

Cook dinner has a fiduciary obligation to his shareholders. The inventory value went up. Mission completed. Its at the moment +2.three% or so on after hours buying and selling.

This text was written by Aaron Cutchburt at investinglive.com.