Apple adds $180 billion to its market cap as Trump reveals he spoke to CEO Tim Cook after China tariffs rollback

• Apple’s stock jumped 6% on Monday, adding roughly $180 billion to its market cap after the U.S. and China agreed to cut reciprocal tariffs from 125% to 10% for 90 days. President Trump said he spoke with CEO Tim Cook about boosting Apple’s U.S. investments after the news.

Apple shares jumped more than 6% following Monday's announcement that the U.S. and China agreed to a truce in their escalating trade war. Apple's market rally added around $180 billion to its now approximately...