Trump meets Apple's pricing concerns, suggests an "easy solution"

President Donald Trump appeared to react Saturday to Apple Inc.

AAPL, -0.81%

letter regarding the impact that the proposed rates could have on Apple Watch, AirPods and other products. "Apple prices could increase because of the huge tariffs we impose on China – but there is a simple solution where there would be a zero tax, and even a tax incentive," he wrote on Twitter. "Make your products in the United States instead of China." He urged Apple to "start building new factories now" and ended his message with "Exciting!" Apple sent a letter Wednesday to the US Trade Representative, saying that a 25% tariff proposal on $ 200 billion worth of goods imported from China would affect many Apple products, including the Watch, the Mac Mini and the charging cables. "Our concern about these tariffs is that the United States will be the hardest hit, which will result in lower US growth and competitiveness and higher prices for US consumers," the company said. in his letter. Apple's stock closed down 0.8% in Friday's session, while the Dow Jones Industrial Average

DJIA, -0.31%

decreased by 0.3%.

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