Trump Says Apple's Cook Made 'Good Case' About Tariffs

19 Août, 2019, 18:51 | Auteur: Auguste Feret

Apple's CEO Tim Cook met President Donald Trump on Friday over dinner where they both discussed the impact of USA tariffs on goods imported from China including those from Apple, and more.

Apple will pay proposed tariffs on products imported from China, while Korea-based Samsung will not.

Noted Apple analyst Ming-Chi Kuo recently stated that Apple will be able to absorb the 10 percent tariffs that US President Donald Trump wants to impose on hundreds of billions of dollars worth of products sourced from China. "Tim was talking to me about tariffs".

In July, he had said Apple won't get any exemption from tariffs if it produces goods in China. "It's tough for Apple to pay tariffs if it's competing with a very good company that's not".

Following a dinner with the Apple boss, President Trump said: "I had a very good meeting with Tim Cook". 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. This would include virtually all Apple products.

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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.

Its iPhone and MacBook could still be hit with levies from December, but were spared from the initial hit following a last minute decision by the USA last week.

While Trump may say that he is "thinking about" Cook's argument, it is unlikely that any exemption will be introduced for Apple.

Trump announced the new tariffs in August after failing to reach an acceptable trade deal with China. Alternatively, he could leave them alone and instead impose import taxes on goods brought in from Korea to put Apple and Samsung on a more level playing field.

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