Washington Publish: “As President Donald Trump’s huge new tariffs on China rippled by means of world provide chains, Apple CEO Tim Cook dinner went to work behind the scenes.”
“Cook dinner spoke to Commerce Secretary Howard Lutnick final week concerning the potential impression of the tariffs on iPhone costs… Cook dinner spoke with different senior officers within the White Home… And he kept away from publicly criticizing the president or his insurance policies on nationwide tv, as many different executives have over the previous a number of weeks.”
“By the tip of the week, the Trump administration agreed to exempt from import duties digital merchandise that Apple produces in China, an motion that additionally granted a reprieve to different giant U.S. companies, together with HP and Dell. Trump did so regardless of the suggestions of senior White Home aide Peter Navarro, who had wished the taxes to stay in place.”
John Gruber: “Tim Cook dinner manages this dance with aplomb. This isn’t a ‘good system’. However given the best way Trump operates, what Cook dinner managed right here just isn’t merely good for Apple however higher coverage, interval.”
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