Apple CEO Tim Cook and U.S. President Donald Trump met for dinner on Friday evening, and Trump has since told reporters that the two discussed the impact of U.S. tariffs on Apple products imported from China.
Trump said Cook "made a good case" that tariffs could put Apple at a disadvantage given that rival Samsung's products would be less impacted by the tariffs, according to Reuters. "I thought he made a very compelling argument, so I'm thinking about it," Trump said, speaking at an airport in Morristown, New Jersey.
The U.S. plans to impose an additional 10 percent tariff on approximately $300 billion of Chinese imports on September 1, but last week it delayed the tariff to December 15 for products including the iPhone, iPad, and MacBooks. Other products like the Apple Watch, AirPods, and HomePod are still set to be impacted September 1.
In a letter to the Trump administration in June, Apple urged against the tariffs, claiming that they would reduce the company's contribution to the U.S. economy and weigh on its global competitiveness.
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Tags: China, Donald Trump
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Top Rated Comments
(View all)It's stories like this that make it apparent how Trump hasn't managed to royally **** up the country the way so many of us expected him to. Don't get me wrong, the man is a total moron and a pompous ass, but as long as other, smarter people with rationale are able to keep him from destroying the economy (and the world) then all the better.
Yet we have a booming economy. More jobs, low unemployment, and were finally standing up to a country that commits humanitarian atrocities, steals $300b in intellectual property, and cheats America for jobs.Hopefully we can keep it up until November of next year when we will restore some order and class to the White House.
China has stolen IP from Tesla ('https://electrek.co/2019/03/21/tesla-chinese-startup-xpeng-stole-autopilot-source-code-former-employee/'), this makes Tesla less competitive as Xpeng can undercut Tesla, as they didn’t have to invest millions in R&D, they just stole the source code.
China almost successfully stole IP from Apple ('https://www.macobserver.com/news/apple-employee-steals-ip-china/')
1 in 5 corporations have had some form of IP theft from China in last year.
('https://www.cnbc.com/2019/02/28/1-in-5-companies-say-china-stole-their-ip-within-the-last-year-cnbc.html')
Hey, let me know how that "booming economy" is going in a year or so.
Said in 2016, 2017, 2018, 2019.