Trump says he spoke with Apple’s Tim Cook about tariffs, Samsung

President Trump on Sunday said he met over the weekend with Apple CEO Tim Cook and the two discussed tariffs and the impact they are having on the company.

Speaking to reporters as he was leaving his Bedminster, N.J., golf club on his way back to Washington, D.C., Trump said Cook made a “good case” regarding Samsung’s avoidance of tariffs, which Trump has imposed on China.

{mosads}“Samsung is [Apple’s] No. 1 competitor, and Samsung is not paying tariffs because they’re based in South Korea,” Trump said. “It’s tough for Apple to pay tariffs if they are competing with a very good company that’s not.”

Trump added that he thought Cook made “a very compelling argument” that it would be difficult for the U.S.-based tech giant to pay tariffs because one of its major competitors is largely avoiding them.

Trump said previously that he was meeting with Cook in New Jersey last Friday. The dinner came after Trump announced he would levy 10 percent tariffs on an additional $300 billion in goods imported from China.

The tariffs were set to take effect next month, but many have since been delayed until December over concerns about how they could impact the holiday shopping season.

Consumer electronics such as cellphones were among the products tariffs were delayed on, though other Apple products such as some computers and AirPods will still be affected. Apple is slated to release a new iPhone next month.

Tags Donald Trump

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed..

 

Main Area Top ↴

Testing Homepage Widget

 

Main Area Middle ↴
Main Area Bottom ↴

Most Popular

Load more

Video

See all Video