Monday, 19 August 2019

Tim Cook makes a ‘compelling’ argument to Trump for exempting Apple from tariffs




It looks like Apple is gunning for some sweet tariff exemption from the US for its manufacturing. At a dinner with President Trump over the weekend, CEO Tim Cook expressed concern that Korean giant Samsung might gain an edge over the iPhone maker because it pays less in tariffs. Trump said Cook made a very good argument about competing with Samsung if the iPhone maker had to pay tariffs: I thought he made a very compelling argument. It’s tough for Apple to pay tariffs if it’s competing with a very good company that’s not. In July, he had said Apple won’t get…

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