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This is what Apple CEO told Donald Trump on China tariffs and Samsung

blank - This is what Apple CEO told Donald Trump on China tariffs and Samsung
President Donald Trump lately mentioned that he had spoken with Apple Inc’s chief executive Tim Cook about the affect of US tariffs on Chinese imports as properly as competitors from South Korean business Samsung Electronics Co Ltd.

Trump mentioned Cook “made a good case” that tariffs could harm Apple, offered that Samsung’s merchandise would not be topic to people identical tariffs. Tariffs on an extra $300 billion really worth of Chinese products, which includes client electronics, are scheduled to go into impact in two phases on September one and December 15.

By contrast, the United States and South Korea struck a trade agreement final September.

“I thought he made a very compelling argument, so I’m thinking about it,” Trump mentioned of Cook, speaking with reporters at a New Jersey airport.

US stock futures rose on opening on Sunday immediately after Trump’s feedback. In addition to his feedback on Apple, Trump mentioned on Twitter earlier in the day that his administration was “doing very well with China.”

Apple’s MacBook laptops and iPhones would not encounter the extra tariffs till December 15, but some of the company’s other merchandise, which includes its AirPods, Apple View and HomePod, would be topic to the levies on September one.

Apple was not quickly out there for comment outdoors ordinary company hrs.

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