Just moving out of China won’t be enough for Apple to satisfy the president’s demands for U.S. production, Ben Rose writes in a guest commentary.

Apple Inc. has become a frequent target for attacks by President Donald Trump, a factor that has held the stock back as others have rebounded over the past month.

The heads of General Motors, Ford and Stellantis met with Trump to outline how his tariffs would disrupt automaking. Trump gave them some reprieves on domestic vehicles with foreign parts not covered by the U.S.-Mexico-Canada trade agreement, but he still has a 25% tax on imported steel and aluminum.