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Apple has best day since 1998 on Trump's 90-day tariff pause

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President Donald Trump announced a 90-day pause on his administration's "reciprocal tariffs" The tariffs would have affected Apple 's production locations in Vietnam , India , and Thailand .

The rally added over $400 billion to Apple 's market cap, which now stands under $3 trillion .

It was Apple 's best day since January 1998 , when late founder Steve Jobs was the interim CEO.