Apple tax is Trump’s payback at Cook for skipping Middle East trip

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On Friday, President Trump publicly threatened a 25% tariff on all iPhones not made in the United States, catching both Apple and his own administration off guard. Now, The New York Times reports it seems the move was likely payback for Tim Cook skipping Trump’s recent Middle East trip.

The President goes east

You’ve probably seen a few photos from Trump’s CEO-studded tour of the United Arab Emirates, Qatar, and Saudi Arabia.

From Nvidia’s Jensen Huang to OpenAI’s Sam…



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Apple tax is Trump’s payback at Cook for skipping Middle East trip


On Friday, President Trump publicly threatened a 25% tariff on all iPhones not made in the United States, catching both Apple and his own administration off guard. Now, The New York Times reports it seems the move was likely payback for Tim Cook skipping Trump’s recent Middle East trip.

The President goes east

You’ve probably seen a few photos from Trump’s CEO-studded tour of the United Arab Emirates, Qatar, and Saudi Arabia.

From Nvidia’s Jensen Huang to OpenAI’s Sam…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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