Apple CEO Tim Cook dinner has cultivated a detailed relationship with Trump
Apple CEO Tim Cook dinner laughs with President Donald Trump throughout a gathering within the White Home, Washington, March 6, 2019.
Leah Millis | Reuters
The federal authorities will decide within the subsequent few months whether or not Apple will get a tariff exemption on its core merchandise.
It is a important juncture for Apple and CEO Tim Cook dinner: A 15% tax on Chinese language imports would power Apple to lift costs or settle for decrease margins on its core merchandise offered in the US, together with iPhones and Mac laptops.
The choice can be made by the commerce consultant, however Cook dinner has already appealed on to the president together with his pondering that the tariffs might harm the corporate and provides its prime competitor a bonus.
“I’ve numerous respect for Tim Cook dinner, and Tim was speaking to me about tariffs,” Trump said in August. “And one of many issues, and he made an excellent case, is that Samsung is their number-one competitor, and Samsung just isn’t paying tariffs as a result of they’re primarily based in South Korea.”
Trump appears to hearken to Cook dinner…