Trump said Cook "made a good case" that tariffs could hurt
Apple, given that Samsung's products would not be subject to
those same tariffs. Tariffs on an additional $300 billion worth
of Chinese goods, including consumer electronics, are scheduled
to go into effect in two stages on Sept. 1 and Dec. 15.
By contrast, the United States and South Korea struck a trade
agreement last September.
"I thought he made a very compelling argument, so I'm thinking
about it," Trump said of Cook, speaking with reporters at a New
U.S. stock futures rose upon opening on Sunday after Trump's
comments. In addition to his comments on Apple, Trump said on
Twitter earlier in the day that his administration was "doing
very well with China."
Apple's MacBook laptops and iPhones would not face the
additional tariffs until Dec. 15, but some of the company's
other products, including its AirPods, Apple Watch and HomePod,
would be subject to the levies on Sept. 1.
Apple was not immediately available for comment outside normal
(Reporting by Sarah N. Lynch in Washington and April Joyner in
New York; Editing by Lisa Shumaker and Rosalba O'Brien)
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