Trump admits his tariffs could give Samsung an advantage over Apple

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Donald Trump and Tim Cook
Apple CEO Tim Cook and President Donald Trump appear to have a good working relationship.
Photo: White House

During a Friday-night dinner with Donald Trump, Apple CEO Tim Cook very nearly convinced the president that import taxes planned for iPhone and other products would benefit Samsung.

Apple will pay proposed tariffs on products imported from China, while Korea-based Samsung — Cupertino’s chief competitor — will not.

Trump tariffs could drop iPhone sales 20%

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iPhone 11R and 11 Max on wooden railing
Demand for the iPhone 11 could drop significantly if Apple raises its cost to offset new import taxes imposed by Pres. Trump.
Photo: Ian Fuchs/Cult of Mac

No matter what President Trump keeps insisting, his upcoming tariffs on all Apple products will be paid for either by the company or by Americans who buy iPhones, iPads and Macs.

A market-analysis firm warns that If Apple chooses to pass the cost of these import taxes onto its customers, sales of iPhone could drop 20%.

Trump slaps 10% tariff on iPhone imports from China

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Donald Trump speaks to supporters at an immigration policy speech at the Phoenix Convention Center in Arizona.
Trump may have just raised the price of the 2019 iPhone.
Photo: Gage Skidmore/Flickr CC

The iPhone is about to be caught in President Trump’s trade war with China. A month from today, the US will begin charging a 10% tax to import iPhone, iPad, and other devices. They are part of $300 billion dollars worth of imports getting new tariffs.

Trump’s decision caused a 2.0% drop in Apple’s share price.

Trump: Apple won’t receive special treatment for Mac Pro parts

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Mac Pro cheese grater
Trump calls for homemade components instead.
Photo: Apple

President Donald Trump said Friday that Apple will not receive special treatment for Mac Pro components made in China.

Apple submitted multiple requests asking the Trump administration to exclude certain Mac Pro parts from a 25% import tariff. But Trump says the U.S. government will not extend any special waivers or relief to Cupertino.

“Make them in the USA,” Trump tweeted.

Apple asks Trump administration to spare Mac Pro parts from tariffs

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Macpro
The Mac Pro is an expensive beast.
Photo: Apple

Apple submitted multiple requests to the Trump administration asking that the government exclude Mac Pro parts from a 25% import tariff.

Production of the Mac Pro moved to China this year as Apple moves on from the “trash can” Mac Pro design manufactured in Austin, Texas. In nearly all 15 of its filings, Apple says there are no other sources for the proprietary, Apple-designed components.

Trump can’t block protesters from his Twitter, court says

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President Trump Twitter
Pres. Trump’s Twitter account can’t be just praise. He has to accept criticism too.
Photo: Ed Hardy/Cult of Mac

A federal appeals court ruled today that President Donald Trump can’t block dissenters from posting replies to his Twitter account.

This upholds an earlier ruling that Trump’s account is a public forum, and therefore preventing anyone from speaking is a violation of the First Amendment to the Constitution

Trump talks tech giants’ alleged monopoly

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Donald Trump and Tim Cook
President Trump speaking with Tim Cook.
Photo: White House

The United States should follow the European Union’s lead and investigate Silicon Valley tech giants monopoly-like powers, President Donald Trump says.

Speaking with CNBC, Trump said “something’s going on” when it comes to the concentrated power of today’s tech titans. By fining these companies, he says that the EU gets “all this money — we should be doing that [too.]”

Apple share price hit by renewed China trade tensions

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Hong Kong legislator warns Apple against being 'accomplice' to China
Proposed trade tariffs have had a big impact on Apple's share price.
Photo: Ed Hardy/Cult of Mac

Concerns about the U.S.’s trading relationship with China is hitting Apple shares.

AAPL’s share price has been steadily sliding since President Donald Trump took to Twitter to talk trading tariffs. It’s currently trading at $189.15, down from its high of $211.75 earlier this month.

Trump tries to explain his ‘Tim Apple’ snafu

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Donald Trump and Tim Cook
Apple CEO Tim Cook and President Donald Trump in a White House meeting earlier this year.
Photo: White House

President Donald Trump denied botching the name of Apple CEO Tim Cook, saying he was merely saving time when he called Cook Tim Apple at an advisor meeting last week.

Whether it was a slip or intentional, Twitter let out a collective guffaw as a videotape of Trump’s bumble went viral. Cook had some fun, too, changing his Twitter handle to “Tim ” the day after the meeting.

iPhone will be spared from China tariffs — for now

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Donald Trump speaks to supporters at an immigration policy speech at the Phoenix Convention Center in Arizona.
Both China and the U.S. are hitting pause on the growing tariff war.
Photo: Gage Skidmore/Flickr CC

President Trump says that the U.S. and China have come to an agreement to hit pause on the escalating trade war between the two countries.

Trump’s comments follow on from the G-20 summit in Argentina, in which he met with Xi Jinping, president of the People’s Republic of China. The 90-day delay on tariffs will cause a sigh of relief for executives at Apple, since the iPhone was recently threatened with additional tariffs.