Apple’s Tim Cook to Trump: You’re Wrong on Trade, Immigration Apple’s Tim Cook to Trump: You’re Wrong on Trade, Immigration – NTK Network

Apple’s Tim Cook to Trump: You’re Wrong on Trade, Immigration

The Apple CEO told Bloomberg TV he used his meeting at the White House last month to criticize Trump’s China tariffs and approach to DACA.

By NTK Staff | 05.15.2018 @3:00pm
Apple’s Tim Cook to Trump: You’re Wrong on Trade, Immigration

Apple CEO Tim Cook used his White House meeting last month with President Trump to advocate for China on trade and for Dreamers on the Deferred Action for Childhood Arrivals (DACA) program, according to a new interview conducted by Bloomberg Television.

Cook said he told Trump that while the previous trade deals with China were not ideal, Trump’s decision to implement 25-percent tariffs on at least $50 billion worth of products from China was “problematic.”

As the Bloomberg story notes, the majority of Apple’s products are produced in China:

“It’s true, undoubtedly true, that not everyone has been advantaged from that — in either country — and we’ve got to work on that,” Cook said. “But I felt that tariffs were not the right approach there, and I showed him some more analytical kinds of things to demonstrate why.”

Although Apple produces most of its products in China and lists the U.S. and China among its three largest markets, the Cupertino, California-based technology company hasn’t been seriously affected by trade tensions so far. While products like the iPhone and iPad are designed in the U.S., they are made using China-based factories run by the likes of Hon Hai Precision Industry Co. and Pegatron Corp.

In addition to its vital role in Apple’s manufacturing process, China is also a massive and growing revenue market for the tech giant. Sales in China reached almost $18 billion in the last quarter of 2017. Apple generated $35 billion in revenue in the Americas that same quarter, by comparison.

Cook also pushed the president on immigration, saying he should reconsider his approach to the children brought to the U.S. by undocumented immigrants.

Closer to home, Cook said he asked the president to find a resolution for undocumented immigrants who were brought to the U.S. as children. Lawmakers have so far failed to negotiate a legislative replacement for the Obama-era Deferred Action for Childhood Arrivals program that spared Dreamers from deportation. “We’re only one ruling away from a catastrophic case there,” Cook said.

Sign Up

for NTK updates every week.


View Privacy Policy