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You could argue that Apple President Tim Cook's delicate handling of President Trump is starting to pay off. Room A? After Cook had dinner with Trump and the first lady last month at Trump Golf Club in Bedminster, New Jersey, the administration is about to give Apple welcome news – the next series of tariffs on China AirPods.
This is according to two sources who confirmed the new Monday Bloomberg, prior to the Administration's release of the latest $ 200 billion statement of Chinese goods that will be subject to a new tariff of 10%. By Bloomberg"A product code that covers Apple's Watch and AirPods – as well as smart watches, fitness trackers and other similar products made by competitors, including Fitbit Inc. – is not on the list."
In a letter to US Trade Representative Robert Lighthizer on Sept. 5, Apple asked that rates be reconsidered, adding that they "increase the cost of our US operations, divert our resources, and disadvantage Apple compared to competitors." foreigners. In this letter, tariffs have generally led to higher consumer prices in the United States, weaker economic growth and other unintended consequences.
The product code that includes Apple Watch was part of a list of the Trump administration released earlier this summer. Also included in this product code are the HomePod, AirPort and Time Capsule Internet routers, and the total sum of these imports from China would be about $ 12 billion.
The perception of new taxes on these products, Trump told reporters today, could generate "a lot" of revenue.
US companies have generally opposed tariffs, for the same reasons that Apple made in its letter. Speaking of Apple, the White House's economic adviser, Larry Kudlow, said during an appearance at the Economic Club of New York on Monday that the Trump administration often consulted with Cook and, according to Bloomberg, "Take his views seriously."
"We talked to Mr. Tim Cook a number of times. It's a really smart guy. He gave us good advice, "said Kudlow.
Advice apparently taken by the administration, in this case, which is certainly good news for Apple. The massive production apparatus of the company is highly dependent on China. Earlier this year, a country newspaper also named Apple among the US companies most affected by the trade war.
Source of the picture: Alex Brandon / AP / Shutterstock
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