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After President Trump threatened to slap Apple with a 25% tariff on iPhones made outside the U.S., one of his top economic advisors is now downplaying the potential fallout of the proposed tax.
Speaking on CNBC’s Squawk Box on Tuesday, National Economic Council Director Kevin Hassett said the White House doesn’t actually want to hurt Apple, despite the rhetoric:
“Everybody is trying to make it seem like it’s a catastrophe if there’s a tiny little tariff on them right now,…
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After President Trump threatened to slap Apple with a 25% tariff on iPhones made outside the U.S., one of his top economic advisors is now downplaying the potential fallout of the proposed tax.
Speaking on CNBC’s Squawk Box on Tuesday, National Economic Council Director Kevin Hassett said the White House doesn’t actually want to hurt Apple, despite the rhetoric:
“Everybody is trying to make it seem like it’s a catastrophe if there’s a tiny little tariff on them right now,…
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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