China trade war will help Samsung, says Apple CEO

Trump Says Apple’s Cook Concerned About Losing Edge to Samsung With Tariffs

Apple CEO Tim Cook warns Trump about China tariffs, Samsung competition

Trump was apparently sympathetic to Apple's plight and stated that Cook made a "good case" about the struggle it will face when dealing with Samsung in the future.

While having dinner, Donald Trump tweeted that Apple will be flooding lots of money in the United States. The move is seen as a retaliatory move against the Chinese government over a failed trade deal.

CEO Tim Cook had a dinner meeting with Trump on Friday night, and the president described what happened to the press.

Apple is lobbying President Trump hard on why its products made in China should not be hit with 10% tariffs come September 1, which will include the Apple Watch, AirPods and other products.

The 10% tariff on goods imported from China is one of Trump's bargaining chips in the trade war.

Trump said Cook made a "good case" about the difficulty in competing with Samsung if Apple products are subject to import tariffs. The order is supposed to go into effect on September 1 but the U.S. president delayed it for some good up to December 15 so as not to affect the holiday shopping season. He lives somewhere in the deep Southern part of America, and yes, he has to pump in both sunshine and the Internet.

Samsung, which more or less competes with Apple in every tech segment, won't be subject to the import tariffs that are due to go into effect from September 1, affecting gadgets like the Apple Watch and Airpods while taxes on Apple's iPhone, iPad and computers are expected to go live by mid-December. "The Chinese producers we compete with in global markets do not have a significant presence in the USA market, and so would not be impacted by USA tariffs". Huawei's addition to the Department of Commerce's Entity List bans the company from buying U.S. goods without the special license.

In sending this letter, Apple joined a large number of companies pushing Trump to abandon plans for more tariffs on Chinese goods. In a statement on Thursday, Apple said it had created 2.4 million jobs across all the 50 USA states, four times the number of American jobs attributable to the company eight years ago. Neither would our other major non-U.S. competitors. "And I thought he made a very compelling argument, so I'm thinking about it". "Make them in the US, no Tariffs!" He also praised the amount apple was spending in the U.S. Those comments followed Apple's announcement that it's footprint had reached 2.4 million.

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