President Donald Trump hinted he might exempt Apple Inc. (AAPL) - Get Report from any new tariffs during a tour of one of the company's facilities in Austin, Texas Wednesday.

Asked if the iPhone maker should be exempted from tariffs, Trump said "We're looking at that." He cited rival smartphone maker Samsung, based in Korea, which doesn't face tariffs. "We have to treat Apple on a somewhat similar basis as with Samsung," Trump said. 

Shares of Apple, which had been lower in after-hours trading Wedensday, turned higher after the comments, adding $1.37, or 0.5%, to $264.56 in recent action. 

Trump's visit coincided with the company's launch of construction on a new campus in the area.

"With the construction of our new campus in Austin now underway, Apple is deepening our close bond with the city and the talented and diverse workforce that calls it home," Cook said in a statement earlier in the day.

Shipments of the new computers are slated to begin next month.

Shares of Apple fell $3.10, or 1.2%, to $263.19 Wednesday

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