US President Donald Trump has significantly expanded his investments in Apple just ahead of his high-profile trip to China alongside Apple CEO Tim Cook. Newly released ethics disclosures show that Trump invested up to 7.2 million US dollars in Apple during the first quarter of 2026.
According to reports from Reuters and other US media outlets, Trump’s largest individual Apple transaction took place in early February and was valued between 1 and 5 million dollars. The filings do not specify whether the transactions involved direct stock purchases or other financial instruments.
The timing is attracting particular attention because Trump is currently working closely with several major US technology companies. During his China trip, he was accompanied by a number of prominent executives, including Tim Cook, Nvidia CEO Jensen Huang, Boeing CEO Kelly Ortberg and Elon Musk.
The relationship between Trump and Apple has become increasingly politically significant. Apple remains heavily dependent on Chinese manufacturing while simultaneously trying to shift more production and supply-chain operations back to the United States. The company previously announced plans to invest hundreds of billions of dollars into US manufacturing and infrastructure projects — moves Trump has repeatedly praised publicly.
At the same time, Trump has also criticized Apple over production activities in India and China, using the company as a central example in his broader push for American industrial reshoring.
The new disclosures are therefore reviving debate over possible conflicts of interest. Reports indicate that Trump disclosed more than 2,300 financial transactions during the first three months of 2026 alone, including dealings involving Apple, Nvidia, Amazon, Microsoft, Meta and Boeing.
Critics argue that the situation is problematic because decisions by the US president on tariffs, export controls, industrial policy and China relations can directly affect the market value of companies in which he personally invests. The issue is especially sensitive given the growing technology rivalry between the United States and China.
More broadly, the case illustrates how closely politics and the technology sector have become intertwined in the United States. Under Trump, the traditional distance between government leadership and major corporations appears increasingly blurred, with economic policy, market sentiment and political branding becoming more interconnected.
The debate therefore extends far beyond Apple stock itself. It touches on a larger question about how political power, financial interests and corporate influence should be separated in modern America.
SK