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How Apple CEO Tim Cook Convinced Trump to Exempt Apple From Tariffs
When U.S. President Donald Trump levied 145 percent tariffs on goods imported from China, Apple CEO Tim Cook started working to score Apple an...
According to The Washington Post, Cook had a phone call with Commerce Secretary Howard Lutnick last week, explaining how the tariffs would cause iPhone prices to increase. Cook's efforts paid off, and last weekend, the Trump administration exempted the iPhone, Mac, Apple Watch, iPad, and other electronics from the bulk of tariffs put in place on Chinese goods. Apple has pledged a$500 billion investment in the United States, and it plans to manufacture Private Cloud Compute servers at a facility in Houston in partnership with Foxconn.
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