President Donald Trump said Wednesday he was open to providing exemptions for certain American companies like Apple that have been hit especially hard by tariffs.
Trump was asked specifically if he would consider “exempting” some larger U.S. companies that have been hit especially hard by the new tariffs, and the president said he would consider it.
“I’ll take a look at it as time goes by. We’re going to take a look at it,” Trump responded. “There are some that have been hard — there are some that, by the nature of the company, get hit a little bit harder, and we’ll take a look at that.”
When asked how he would determine which companies might receive such an exemption, Trump responded, “Instinctively.”
“You almost can’t take a pencil to paper. It’s really more of an instinct than anything else,” Trump added. “Some companies, through no fault of their own, they happen to be in an industry that is more affected by these things than others. You have to be able to show a little flexibility, and I’m able to do that.
“You have to have flexibility,” Trump said Wednesday.
President Trump’s remarks about possible tariff exemptions at the 19-minute mark:
MacDailyNews Take: As we wrote on March 19th:
If only we had seen how President Trump’s trade policies played out globally and how the markets reacted and responded previously.
Anyone who thinks Apple won’t get significant, meaningful U.S. import tariff exemptions hasn’t been paying attention. Profit from the panic of the uninformed and misinformed.
“Expect specific exemptions from U.S. import tariffs for important Apple products.” – MacDailyNews, February 2, 2025
Even with a myopic reactionary atop Apple’s org chart for far too long, we buy — and will continue to buy — AAPL on these overreactive dips… The engine Steve Jobs built is unparalleled. Apple has the capital and revenue generating capacity to overcome anything and everything its current leadership misses. – MacDailyNews, March 19, 2025
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