Developing3 outlets · over 28 minutes
Apple tariff exemption tied to Intel chip deal
Apple secured an exemption from 100% semiconductor tariffs in August 2025 after the Trump administration urged it to contract Intel for chip production. Trump later announced on Truth Social that Apple would source Intel chips for some Macs and iPhones. The U.S. government had invested $9 billion in Intel, gaining a 10% stake.
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