Trump said he has already talked to Apple CEO Tim Cook and is expecting Cook to increase investments.

President Trump said on Monday that after the US and China agreed to suspend most tariffs for 90 days, he had a conversation with Apple CEO Tim Cook. Wall Street and Apple investors welcomed the progress in the US-China tariff negotiations. "I spoke with Tim Cook this morning, and I think he's going to increase his investment," Trump said in the Oval Office, "500 billion dollars, he's going to build a lot of factories for Apple in the United States. We look forward to that."