Trump tariffs: Apple CEO’s golden gift to Trump; How it may save Apple billions more
Apple CEO Tim Cook presented President Trump with a custom 24-karat gold and glass statue while announcing a $600 billion US manufacturing commitment. The strategic gift-giving secured Apple exemption from Trump's threatened 100% semiconductor tariffs, potentially saving billions. Despite the win, Apple still faces challenges with iPhone manufacturing overseas and India's 50% tariffs on other products.
Apple CEO Tim Cook presented President Trump with a custom 24-karat gold and glass statue while announcing a $600 billion US manufacturing commitment. The strategic gift-giving secured Apple exemption from Trump's threatened 100% semiconductor tariffs, potentially saving billions. Despite the win, Apple still faces challenges with iPhone manufacturing overseas and India's 50% tariffs on other products.
