Advertisement

US govt won't impose tariffs on iPhones made in China says US President Donald Trump

A list of tariffs that were proposed in April, in the US, largely excluded consumer electronics.

Advertisement
|Jun 19, 2018, 09:54:24 IST
President Donald Trump told Apple Inc Chief Executive Tim Cook that the US government would not levy tariffs on iPhones assembled in China, the New York Times reported on 18 June, citing a source familiar with the negotiations.[caption id="attachment_4496139" align="alignleft" width="380"]Apple Chief Executive Officer Tim Cook speaks at the Apple Worldwide Developer Conference (WWDC) in San Jose, California. Reuters.

Apple Chief Executive Officer Tim Cook speaks at the Apple Worldwide Developer Conference (WWDC) in San Jose, California. Reuters.[/caption]The newspaper reported that Cook travelled to the White House last month to warn Trump of the potentially adverse effects of Trump’s trade policies on Apple in China but did not specify precisely when Trump made the commitment to Cook.Apple and the White House were not immediately available for comment.A list of tariffs proposed in April largely excluded consumer electronics. But last week, Trump unveiled a revised list that included several categories of chips, raising fears that tariffs could impact the US technology sector.

Handpicked stories, in your inbox
Global stories. Indian perspective. Zero noise.
No Spam. Unsubscribe Any Time.
First Published:Jun 19, 2018, 09:54:24 IST
Advertisement
Advertisement
Trending Stories

China's Kimi K3 challenges US AI leaders with frontier-level performance at lower cost

Chinese artificial intelligence startup Moonshot AI has unveiled its latest open-weight AI model, Kimi K3, with early results suggesting it could compete with some of the world's most advanced AI systems developed by leading US companies
2 min read
Advertisement
Advertisement
Up Next