Tim Cook Makes a Strong Case Against Tariffs at Dinner with the President
President Donald Trump and Apple CEO Tim Cook were talking tariffs over dinner on Friday night at the president’s golf club in Bedminster, NJ. Cook expressed his concerns about how U.S. tariffs on Chinese goods could put Apple at an extreme disadvantage against its biggest competitor: Samsung. Since much of Samsung’s products are manufactured in South Korea and Vietnam, it would not be subject to the same tariffs as Chinese-assembled Apple products.
Cook, rightfully anxious about the impact tariffs will have on his business, laid it all out on the table for the president, and it seems he may have listened.
Trump said Cook made a “very compelling argument” and admitted that “it’s tough for Apple to pay tariffs if it’s competing with a very good company that’s not [paying tariffs].”