Apple Stock Surges 24% on US-China Trade Deal Amid Lingering Supply Chain Concerns

Apple shares rallied sharply following the US-China tariff agreement, gaining 24% as tech stocks rebounded. The rally underscores both the benefits and risks of Apple’s DEEP manufacturing ties to China—a relationship that Wedbush analyst Dan Ives calls ’the ultimate double-edged sword.’

While the trade truce provides temporary relief, structural vulnerabilities remain. Over 95% of iPhones are assembled in China, leaving Apple exposed to geopolitical shocks. ’The supply chain isn’t diversified enough for comfort,’ noted one institutional trader, speaking anonymously due to client relationships.

Market reactions suggest investors are betting on short-term stability rather than long-term resolution. The rally comes despite Apple’s recent warnings about production delays and component shortages in key Chinese manufacturing hubs.