Tim Get ready dinner tells Donald Trump that U.S. tariffs on Chinese language language imports would possibly simply hurt Apple, lend a hand Samsung
(Reuters) — President Donald Trump said on Sunday that he had spoken with Apple’s Chief Govt Tim Get ready dinner about the impact of U.S. tariffs on Chinese language language imports along with competition from South Korean company Samsung.
Trump said Get ready dinner “made a good case” that tariffs would possibly simply hurt Apple, given that Samsung’s products would not be matter to those an identical tariffs. Tariffs on an additional $300 billion worth of Chinese language language pieces, at the side of consumer electronics, are scheduled to go into have an effect on in two stages on September 1 and December 15.
Against this, the united states and South Korea struck a trade agreement ultimate September.
“I assumed he made a very compelling argument, so I’m enthusiastic about it,” Trump said of Get ready dinner, speaking with reporters at a New Jersey airport.
U.S. stock futures rose upon opening on Sunday after Trump’s comments. Together with his comments on Apple, Trump said on Twitter earlier throughout the day that his control was “doing in reality neatly with China.”
Apple’s MacBook laptops and iPhones would not face the additional tariffs until December 15, alternatively some of the an important company’s other products, at the side of its AirPods, Apple Watch and HomePod, can also be matter to the levies on September 1.
Apple was not immediately available for commentary outside same old industry hours.