Apple(US:AAPL) Mei Ri Jing Ji Xin Wen·2025-08-06 15:37Market Overview - The three major US stock indices opened higher on August 6, with the Dow Jones up 0.21%, Nasdaq up 0.72%, and S&P 500 up 0.53% [1] - Major tech stocks showed mixed performance, with Apple rising 5.21%, Tesla up 3.1%, Amazon up 1.76%, Facebook up 0.58%, Google up 0.26%, while Nvidia fell 0.1% and Microsoft dropped 0.33% [2][3] Apple Inc. Developments - Apple is reportedly planning to hold its iPhone 17 series launch event on September 9 [3] - A White House official announced that Apple will invest an additional $100 billion in US manufacturing [5] - This new investment is part of a broader strategy to shift more of Apple's supply chain to the US and produce more key components domestically [6] - Earlier this year, Apple had already committed to investing $500 billion in the US over the next four years, including building a large AI server factory in Texas and creating approximately 20,000 new R&D jobs nationwide [6] Trade Relations and Tariffs - President Trump previously warned that if Apple did not move iPhone production back to the US, he would impose tariffs of at least 25% [6] - This situation has complicated Apple's plans to expand production in India, where it was considering moving all iPhone production for the US market to avoid tariffs [6] - Tim Cook has been actively seeking tariff exemptions for Apple's product line, having successfully obtained such exemptions during Trump's first term [7] - If successful again, Apple could avoid significant tariff burdens and gain a competitive edge over foreign rivals like Samsung [8] India-US Trade Dynamics - Following Trump's announcement of a 25% additional tariff on goods from India, the MSCI India Index ETF fell to a low point [9] - India remains a major oil importer, with approximately 35% of its oil supply coming from Russia, despite facing US pressure [10] - Indian Prime Minister Modi emphasized the need to protect India's economic interests amid global uncertainties, potentially in response to Trump's comments about India's economy [11] - The US and India are engaged in ongoing trade negotiations, with a new round of talks scheduled for late August [11] - In 2024, the trade volume between the US and India is projected to be around $128.8 billion, with India having a trade surplus of $45.8 billion with the US [12]