Trump talks trade with Apple CEO Cook as China dispute looms

Remigio Civitarese
Giugno 14, 2019

Apple CEO Tim Cook speaks during Apple's annual Worldwide Developers Conference in San Jose, California, U.S. June 3, 2019.

As part of a multi-industry effort coordinated by the Tariffs Hurt the Heartland coalition, 661 groups, including 520 companies and 141 associations representing a wide range of industries - agriculture, apparel and footwear, furniture, manufacturing, retail and more - sent a letter sent to the White House on Thursday that warned about about the long-term impact of tariffs on American businesses and consumer. Trump is still waiting for a response from Xi about a meeting, economic adviser Larry Kudlow said Thursday, and Trump said on Wednesday he had no deadline to return to trade talks. The White House didn't immediately respond to a request for comment. The president often name-checks Cook as a business leader who has brought jobs and investment back to the United States. He has said he will make a decision some time after the G20 summit in Osaka, Japan at the end of June, where he hopes to meet with Chinese President Xi Jinping.

With less than three weeks to go before proposed talks between the Chinese and USA leaders, expectations for progress toward ending the trade war are low.

Hundreds of American retailers and manufacturers are urging President Trump to resolve the trade dispute with China, saying tariffs on Chinese goods will hurt the US economy and consumers. Makers of consumer electronics like phones and tablets have escaped the brunt of tariffs to this point but likely would be affected by the next hike. The groups urged the Administration to negotiate a deal with China that eliminates tariffs. Cook has defended his company, saying it has a moderate share of the market and is not too large.

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