Apple's CEO Tim Cook and President Donald Tramp met last night at a dinner, according to a tweet from the president. The details of the meeting are not clear at this point, but the tariff seems to be the central point of the conversation …
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In a murmur prior to last evening meal, Mr. Trump claimed that Apple is "looking forward to" Apple claims to invest "big doll" in the United States. Reuters Report:
"Looking forward to Apple's Tim Cook and dinner tonight, he is investing a big dollar in the US," said Mr. Trump, who is on holiday at a golf club in New Jersey's Bedminster.
The details of what was discussed at the meeting last night are unknown at this point, but the central topic of conversation is likely to be a trade.
In last week's Apple income recruitment, Mr. Cook warned of the tariff effect and warned that it often resulted in "serious risk" of unintended consequences. At the time, Mr. Cook said that Apple "evaluates" the latest US tariffs and shares the findings with card and administration.
Later, in the SEC filing documents, Apple warned that tariffs would increase the cost of the product, the components to make the product, raw materials. According to Apple's argument, making it more expensive for consumers reduces competitiveness and affects consumer demand.
According to the June New York Times article, the White House said that the iPhone promised to Cook that it would not be affected by tariffs. However, the trump administration denied such exemption later:
White House trade advisor Peter Navarro said in a trade negotiations with the US in the US there is no knowledge of Apple's iPhone exemption.
Currently, Apple products are most likely to …