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Tim Cook Told Donald Trump China Tariffs Are 'Not the Right Approach' in Recent Meeting
Apple CEO Tim Cook conducted a private meeting with United States President Donald Trump on Wednesday, April 25, where the discussion was said to be focused "on trade." Following a recent interview with Bloomberg Television, Cook divulged more details about the meeting, mentioning that the two men discussed topics like recently imposed tariffs on China and the Deferred Action for Childhood Arrivals program.
In late March, Trump launched 25 percent tariffs on around $50 billion worth of Chinese products, citing a "tremendous intellectual property theft problem" in previous U.S./China trade relations. In the new interview, which happened on "The David Rubenstein Show: Peer-to-Peer Conversations," Cook admitted previous trade policies had their drawbacks, but still held that Trump's tariffs are "not the right approach" in this situation.
Apple CEO Tim Cook at the Executive Tech Summit at Trump Tower in December 2016
In the days after Trump signed an executive order against DACA early last year, Apple and other major tech companies penned an open letter to Trump urging the importance of the program. Cook discussed his support of DACA throughout the year, and told Rubenstein in this week's interview, "We're only one ruling away from a catastrophic case there."
Other parts of the interview touch upon the new corporate tax policy in the U.S., Apple's growing services segment, Apple Music's new 50 million paid and free trial user milestone, and the company's behind-the-scenes work on original TV content. Head over to Bloomberg to read more details from the interview.
Note: Due to the political nature of the discussion regarding this topic, the discussion thread is located in our Politics, Religion, Social Issues forum. All forum members and site visitors are welcome to read and follow the thread, but posting is limited to forum members with at least 100 posts.
In late March, Trump launched 25 percent tariffs on around $50 billion worth of Chinese products, citing a "tremendous intellectual property theft problem" in previous U.S./China trade relations. In the new interview, which happened on "The David Rubenstein Show: Peer-to-Peer Conversations," Cook admitted previous trade policies had their drawbacks, but still held that Trump's tariffs are "not the right approach" in this situation.
“It’s true, undoubtedly true, that not everyone has been advantaged from that -- in either country -- and we’ve got to work on that,” Cook said. “But I felt that tariffs were not the right approach there, and I showed him some more analytical kinds of things to demonstrate why.”The two also discussed the Deferred Action for Childhood Arrivals program, which protects young immigrants who were brought into the U.S. as children from deportation. The Trump administration's decision to end DACA was blocked in January by a federal judge in San Francisco, and today representatives of the administration will attempt to convince the 9th U.S. Circuit Court of Appeals that it was justified in the move to end the program.
In the days after Trump signed an executive order against DACA early last year, Apple and other major tech companies penned an open letter to Trump urging the importance of the program. Cook discussed his support of DACA throughout the year, and told Rubenstein in this week's interview, "We're only one ruling away from a catastrophic case there."
Other parts of the interview touch upon the new corporate tax policy in the U.S., Apple's growing services segment, Apple Music's new 50 million paid and free trial user milestone, and the company's behind-the-scenes work on original TV content. Head over to Bloomberg to read more details from the interview.
Note: Due to the political nature of the discussion regarding this topic, the discussion thread is located in our Politics, Religion, Social Issues forum. All forum members and site visitors are welcome to read and follow the thread, but posting is limited to forum members with at least 100 posts.
Tags: Tim Cook, Donald Trump
[ 112 comments ]
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19 months ago
China tariffs are not the right thing FOR APPLE, Mr. President.
There, Timmy, I fixed it for you.
There, Timmy, I fixed it for you.
19 months ago
The conversation took a turn when the President handed Tim Cook a thumb drive so he could review recent trade data. Cook fumbled about in his pockets but finally found the dongle. Plugging the thumb drive into his iPad Pro he got the message "the attached device requires too much power". Trump just looked at him and said "sad".
19 months ago
Tim Cook told Donald Trump something that entirely benefits Apple and its profits...
And this is front page news??
And this is front page news??
19 months ago
Indeed, Tim. A better way to deal with China's tech theft, low wages and Communist human rights standards is to continue to knuckle under; of course, that's what gets you paid so well.
So hypocritical.
So hypocritical.
19 months ago
Timmy, why don't you work on fixing your ****** keyboards and leave the politics to the big boys?
19 months ago
I am ok with trying different things. No foreign policy has to be permanent. Something fair for both sides should be the goal.
19 months ago
Trump told Tim Cook that not updating the Mac Mini was not the right approach.
19 months ago
Cook wants to give advice to Trump!? The same guy who just gave the commencement speech at Duke University, stressing "think different"? I believe Trump DOES think different ( than other self-serving politicians ), and Cook "thinks" he thinks different, but he doesn't. He has nowhere near the unique and innovative "vision" that Jobs had.
19 months ago
China tariffs are not the right thing FOR APPLE, Mr. President.
There, Timmy, I fixed it for you.
Or automotive, or construction, or really anyone but a handful of aging steelworkers who refuse to learn a different trade. Same as the coal miners who want us to subsidize their mines and healthcare and call it national security.
[doublepost=1526391054][/doublepost]
Timmy, why don't you work on fixing your ****** keyboards and leave the politics to the big boys?
Cook successfully runs the most valuable company on earth, and Trump hangs out on twitter and calls into Fox and Friends to freak out. Remind me who the big boys are again?
19 months ago
To be honest, nobody really knows what is good and bad in terms of international politics.
[ Read All Comments ]
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