Back to today’s briefing

Story perspectives

Apple Wins US Tariff Exemption, Shifts Production to Intel

7/11/2026

35 8 Full Breakdown

Summary

Story summary

Apple secured a U.S. tariff exemption by moving iPhone and Mac production to Intel.
President Donald Trump and Commerce Secretary Howard Lutnick urged Apple in 2025 to avoid the tariff, prompting the shift.
Intel will produce entry-level chips on its 18A node after the United States injected $9 billion in August 2025.
Analysts say the exemption spares consumers from tariff costs, though memory shortages have pushed industry prices higher.

1 of 1

Story summary

Apple secured a U.S. tariff exemption by moving iPhone and Mac production to Intel.
President Donald Trump and Commerce Secretary Howard Lutnick urged Apple in 2025 to avoid the tariff, prompting the shift.
Intel will produce entry-level chips on its 18A node after the United States injected $9 billion in August 2025.
Analysts say the exemption spares consumers from tariff costs, though memory shortages have pushed industry prices higher.