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Trump Says Tim Cook Made 'Good Case' That Tariffs Would Put Apple at Disadvantage With Rivals Like Samsung
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.
Melania Trump, Donald Trump, and Tim Cook in August 2018
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.
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.
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.
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: China, Donald Trump
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5 weeks ago
I wonder how it feels for Tim Cook to meet such a simple-minded person like president Trump, and actually having a conversation with him.
5 weeks ago
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.
Hopefully we can keep it up until November of next year when we will restore some order and class to the White House.
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.
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')
5 weeks ago
Free market capitalist my @$$. The idea that Tim Cook needs to plead with he top elected official of his own government in the hopes that he'll protect his rights, when that's his only proper function as President is an abominable state for this country occupy. What a shameful "leader."
5 weeks ago
Hey, let me know how that "booming economy" is going in a year or so.
Said in 2016, 2017, 2018, 2019.
5 weeks ago
Tim Apple working to keep shareholders happy, good to see regardless of his affiliation he's willing to make his case the right way.
5 weeks ago
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.
Hopefully we can keep it up until November of next year when we will restore some order and class to the White House.
Hopefully we can keep it up until November of next year when we will restore some order and class to the White House.
5 weeks ago
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.
Exactly, as an immigrant to the US I’m fully in support of Trump.
Black unemployment is at a 50 year low under Trump.
He’s doing everything he can to tackle illegal immigration which really hurts legal immigrants like myself.
I’m sick of hearing that he’s a racist. No the real racists are the left wing in America who come at everything with the bigotry of low expectations and call everyone a racist for not agreeing with them.
The US had to stand up to China eventually and anyone who follows world economics and politics understands these tariffs are hurting China far more than they are hurting the US.
Trump is not perfect - I don’t support all his energy or environmental policies but from a subjective and fair stance he’s actually doing a decent job.
This is one immigrant who’ll be supporting Trump in 2020 and not the DNC who treat immigrants like dumb children who don’t know better and need hand outs.
One thing I’ve noticed since living in America - the right do not give a monkeys about skin color, it’s the left that obsess over race and perceived ‘inequality’.
5 weeks ago
Their relationship is so weird:
1. Trump really seems to have respect for Tim Cook. You wouldn't expect him to say "Ah yes, he actually makes good points, I'll think about it"
2. It's weird that from all business leaders - it seems that Tim Cook is the one who has the closest relationship with president Trump. In many ways he is the "Anti Trump". I can't help imagining Cook thinking "what an idiot" everytime they meet.
3. What if they actually are friends? That would be an even stranger relationship of a political leader and a celebrity being friends than Kim-Jong Un and Dennis Rodman.
For disclosure: I'm European and while I find Trump irritating, I wouldn't call myself Anti-Trump (nor pro-Trump).
Trump respects power and is envious of the successful business that Apple has. However, if Tim Cook also owned a major newspaper (like the Washington Post) and it criticized Trump then the tariffs would be double.
5 weeks ago
Their relationship is so weird:
1. Trump really seems to have respect for Tim Cook. You wouldn't expect him to say "Ah yes, he actually makes good points, I'll think about it"
2. It's weird that from all business leaders - it seems that Tim Cook is the one who has the closest relationship with president Trump. In many ways he is the "Anti Trump". I can't help imagining Cook thinking "what an idiot" everytime they meet.
3. What if they actually are friends? That would be an even stranger relationship of a political leader and a celebrity being friends than Kim-Jong Un and Dennis Rodman.
For disclosure: I'm European and while I find Trump irritating, I wouldn't call myself Anti-Trump (nor pro-Trump).
1. Trump really seems to have respect for Tim Cook. You wouldn't expect him to say "Ah yes, he actually makes good points, I'll think about it"
2. It's weird that from all business leaders - it seems that Tim Cook is the one who has the closest relationship with president Trump. In many ways he is the "Anti Trump". I can't help imagining Cook thinking "what an idiot" everytime they meet.
3. What if they actually are friends? That would be an even stranger relationship of a political leader and a celebrity being friends than Kim-Jong Un and Dennis Rodman.
For disclosure: I'm European and while I find Trump irritating, I wouldn't call myself Anti-Trump (nor pro-Trump).
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