Apple CEO warned the president that the tariff increase would make apple lose competitiveness
From September 1, the import tariff of Apple watches, airpods and other accessories from China will be increased by 10%; From December 15, tariffs on key products such as Apple's iPhone, iPad and laptop from China will also be increased by 10%.
Xinhua news agency, Washington, August 18 - US President Donald middot; Trump and Apple CEO Tim & middot; During the meeting, cook warned that the imposition of tariffs would damage Apple's competitiveness and put it at a disadvantage in the competition with Samsung.
Trump told reporters on the same day that cook had dinner with him and expressed concern about the upcoming new round of tariffs. From September 1, the United States will impose 10% tariffs on Chinese goods exported to the United States in two batches, totaling about $300 billion.
From September 1, the import tariff of Apple watches, airpods and other accessories from China will be increased by 10%; From December 15, tariffs on key products such as Apple's iPhone, iPad and laptop from China will also be increased by 10%.
However, this round of tariff increase has little impact on Samsung, Apple's main competitor, because Samsung has factories not only in China, but also in countries and regions such as South Korea and Vietnam. Moreover, the United States and South Korea signed a new free trade agreement last year.
Facing cook's concerns, trump said, "I think his (cook's) views are very persuasive, so I'm considering this issue."