Trump Announces Additional Tariffs, White House Hints at Tariff Exemptions for Apple, Apple Options

Today's Above Avalon Daily email contains the following stories:

  • Trump Announces Additional Tariffs

  • White House Hints at Tariff Exemptions for Apple

  • Apple Options

Hello everyone. Given how some of you are new to Above Avalon membership (welcome), today is a good time to reiterate that this is not a politics newsletter. Accordingly, our focus is not going to be on the pros and cons of U.S. tariffs. Instead, we have plenty of items to discuss pertaining to how yesterday's big announcement involving reciprocal tariffs will impact Apple.  The discussion will begin by going over what was announced. We will then turn to my latest thinking regarding Apple receiving tariff exemptions. The update will conclude with several options Apple has at its disposal if tariff exemptions do not materialize.

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Apple and Tariffs (Part 1)

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Tesla 1Q25 Delivery Figures, Cybertruck Sales Disclosed, The Big (Auto) Picture