An Apple Inc. store in downtown Brooklyn, New York. Photo by Kathy Willens/AP files

Apple Inc. ’s stock is showing signs of life after struggling through most of 2025, as the tariff-related risks that have weighed on the company start to ease.

Shares of the tech giant entered August down 17 per cent for the year due in part to concerns about the impact of U.S. President Donald Trump ’s sweeping levies, which cost the company US$800 million in its fiscal third quarter alone. Trump has long criticized Apple for its reliance on overseas production partners, at one point even threatening to punish the company with tariffs if it didn’t make its iPhones in the U.S.

Then, at an event in the Oval Office on Aug. 6, Apple chief executive Tim Cook committed to spending an additional US$10

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