Tim Cook is upset with Trump's decision, worried about Apple's future.
Amid Donald Trump's threat to impose tariffs and increase tariffs on some countries, American businessman and Apple CEO Tim Cook met US President Donald Trump. He is concerned about Apple's future. Both of them talked to each other at the White House. According to a person familiar with both of them, it was a private meeting, the agenda of which has not been revealed yet.
In fact, ever since Donald Trump became the President of America, he has been imposing huge tariffs on foreign countries. He has increased tariffs on Canada, Mexico and China. Along with this, the threat of American tariffs is also looming over other countries. Amidst all this, the CEO of Apple is worried. Because if a tariff war starts between America and China, Tim Cook and his company will have to bear the brunt of it. Tim Cook, like other tech giants, is also trying to improve his relations with Donald Trump, so that he does not have to face the brunt of Trump's tariffs.
Apple will be affected
Tim Cook's meeting with the US President has many meanings. America has decided to impose a 10 percent tariff on goods made in China. This can affect Apple's sales and China has also started investigating app developers, which will affect Apple. Because Apple's manufacturing hub is China and its biggest market is America. If tariffs are imposed on goods made in China, it will have a direct impact on Apple's sales. Tariffs will increase prices and this can lead to a decline in the company's sales.
Cook had taken advantage earlier
Donald Trump has not given any additional exemption to Apple along with imposing tariff on China. Rather, Trump has also criticized Apple for not cooperating on the issue of privacy policy and law enforcement. During Donald Trump's previous tenure, Tim Cook had benefited from his good relations with Trump. Apple's signature variant was exempted from tariff. But Trump has said that Apple's products are not lucky this time and he does not intend to give exemption in tariff.