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Apple CEO Tim Cook met with US President Donald Trump and discussed US tariffs on Chinese products that Apple considers harmful to rival Samsung.
Tim Cook said that US tariffs on Chinese imports were hurting Apple products manufactured in China, while Samsung products were not exposed because they were based in South Korea, thus hurting Apple's sales. .
Trump was impressed by Cook's idea and confirmed that he was thinking about it. He had posted on Twitter earlier in the day that the United States was moving ahead with China in bilateral talks.
The rates for IPhone and MacBooks manufactured in China will be subject to a rate increase on December 12 – if decided – while other Apple products, such as wireless headsets, domestic helpers and smart watches, will be subject to tariffs from September 1st.
This is not the first time Mr. Cook has expressed the negative effects of tariffs on sales, but he drew attention to Samsung and took advantage of it.
The United States deferred the application of customs duties to new dates in two installments in September and December so as not to raise product prices with the holiday season.
This article, "Cook told Trump that tariffs are hurting Samsung," is adapted from TechWorld.
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