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| Trumps says US mulling tariff exemptions for Apple in China trade war | Trumps says US mulling tariff exemptions for Apple in China trade war |
| (32 minutes later) | |
| US President Donald Trump said that his administration was considering whether to exempt Apple from tariffs imposed on China in an ongoing trade spat. | US President Donald Trump said that his administration was considering whether to exempt Apple from tariffs imposed on China in an ongoing trade spat. |
| “We are looking at Apple,” the president told reporters during a tour of the company’s Austin, Texas plant, referring to the exemptions, but added that he hoped Apple would produce more in the United States. | |
| “Someday we're going to see Apple building plants in our country, not in China,” he said. | |
| China is crucial for Apple, representing one of its largest consumer markets, and the company also has several production facilities there. | |
| In September, Apple already received some tariff exemption as the trade war started hurting the company, but at the time five of its requests were not approved. | |
| President Trump also said on Wednesday that no deal had been struck with China to resolve the trade row, arguing that Beijing was not “stepping up to the level I want.” | |
| Tim Cook promised to contribute $350 billion to the U.S. economy between 2018 and 2023 and leave the production of Mac Books in Austin. | Tim Cook promised to contribute $350 billion to the U.S. economy between 2018 and 2023 and leave the production of Mac Books in Austin. |