iPhones to be spared from China tariffs
President Trump told Apple CEO Tim Cook that the US government would not levy tariffs on iPhones assembled in China
FILE PHOTO: The new iPhone X is pictured at the Apple Store Marche Saint-Germain in Paris, France, November 3, 2017. PHOTO: REUTERS
President Donald Trump told Apple Chief Executive Tim Cook that the US government would not levy tariffs on iPhones assembled in China, the New York Times reported on Monday, citing a source familiar with the negotiations.
Apple could release four new iPhones this year
The newspaper reported that Cook travelled to the White House last month to warn Trump of the potentially adverse effects of Trump’s trade policies on Apple in China but did not specify precisely when Trump made the commitment to Cook.
Apple and the White House were not immediately available for comment.
Apple, Qualcomm battle over possible ban on some US iPhone imports
A list of tariffs proposed in April largely excluded consumer electronics. But last week, Trump unveiled a revised list that included several categories of chips, raising fears that tariffs could impact the US technology sector.
Apple could release four new iPhones this year
The newspaper reported that Cook travelled to the White House last month to warn Trump of the potentially adverse effects of Trump’s trade policies on Apple in China but did not specify precisely when Trump made the commitment to Cook.
Apple and the White House were not immediately available for comment.
Apple, Qualcomm battle over possible ban on some US iPhone imports
A list of tariffs proposed in April largely excluded consumer electronics. But last week, Trump unveiled a revised list that included several categories of chips, raising fears that tariffs could impact the US technology sector.