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Trump Told Apple CEO iPhones Will be Spared from China Tariffs: Report

Last month, Apple CEO Tim Cook travelled to the White House to warn Trump of the potentially adverse effects of his trade policies on Apple in China.

Reuters

Updated:June 19, 2018, 7:46 AM IST
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Trump Told Apple CEO iPhones Will be Spared from China Tariffs: Report
File photo of US President Donald Trump. (Reuters)
Washington: President Donald Trump told Apple Inc Chief Executive Tim Cook that the US government would not levy tariffs on iPhones assembled in China, the New York Times reported on Monday, citing a source familiar with the negotiations.

The newspaper reported that Cook traveled to the White House last month to warn Trump of the potentially adverse effects of Trump's trade policies on Apple in China but did not specify precisely when Trump made the commitment to Cook. Apple and the White House were not immediately available for comment.

A list of tariffs proposed in April largely excluded consumer electronics. But last week, Trump unveiled a revised list that included several categories of chips, raising fears that tariffs could impact the US technology sector.
(Get detailed and live results of each and every seat in the Lok Sabha elections and state Assembly elections in Andhra Pradesh, Odisha, Arunachal Pradesh and Sikkim to know which candidate/party is leading or trailing and to know who has won and who has lost and by what margin. Our one-of-its-kind Election Analytics Centre lets you don a psephologist’s hat and turn into an election expert. Know interesting facts and trivia about the elections and see our informative graphics. Elections = News18)
| Edited by: Naqshib Nisar
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