Trump Says ‘Looking’ at Exemption for Apple on China Tariffs
(Bloomberg) — U.S. President Donald Trump, touring an Apple Inc. assembly plant in Texas, said he’s “looking at” exempting the iPhone maker from tariffs on goods imported from China.
Trump made the remarks Wednesday alongside Apple CEO Tim Cook at a Flex Inc. facility in Austin, Texas, that is manufacturing Apple’s new Mac Pro desktop computer. Trump repeated previous comments he’s made that it isn’t fair for Apple to be taxed on iPhones built in China given that South Korean rival Samsung Electronics Co. doesn’t have to pay the China import duties.
“The problem we have is you have Samsung — it’s a great company but it’s a competitor of Apple and it’s not fair if — because we have a trade deal with Korea, we made a great trade deal with South Korea, but we have to treat Apple on a somewhat similar basis as we treat Samsung.”
While Apple was spared on tariffs for the most of the components that go into the U.S.-assembled Mac Pro, the Cupertino, California-based technology giant had five other requests for duty exclusions denied. Apple has 11 requests pending with the Trump administration for tariff relief on the Apple Watch, iMac, parts for the iPhone and other components imported from China.
The company is scheduled to have its iPhone, iPad, laptops, and some other products hit with import duties beginning Dec. 15.
Contact editor Yang Ge (geyang@caixin,com)
Jun 05 23:57
Jun 05 17:06
Jun 05 13:20
Jun 04 17:45
Jun 04 17:19
Jun 04 16:26
Jun 04 12:38
Jun 03 18:07
Jun 03 16:48
Jun 03 13:17
Jun 03 12:25
Jun 03 06:45
Jun 02 16:29
Jun 02 14:45
- 1Update: China to Allow Banned Foreign Airlines to Resume Some Flights
- 2Luckin Founder to Cash Out of Rental Car Unit
- 3BNP Paribas Chinese Unit Fined for Anti-Money Laundering Violations
- 4Fighting Coronavirus: Policy Analysis and Practical Experiences
- 5TSMC Looks Homeward for New $10 Billion Chip Plant
- 1Power To The People: Pintec Serves A Booming Consumer Class
- 2Largest hotel group in Europe accepts UnionPay
- 3UnionPay mobile QuickPass debuts in Hong Kong
- 4UnionPay International launches premium catering privilege U Dining Collection
- 5UnionPay International’s U Plan has covered over 1600 stores overseas