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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iPhone in 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.

If you think iPhones are expensive now, try making them in USA

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Terry Gou
These assembly workers could be American instead of Chinese if we’re willing to pay a lot more for our iPhones.
Photo: Foxconn

There’s a good chance the iPhone and other Apple products will be hit with tariffs in the Trump administration’s trade war with China. The president has repeatedly stated his simple solution: Make the iPhone in the United States.

But an analyst warns that moving assembly of Apple’s handsets to the U.S. would significantly increase their price.

China’s reaction to Trump’s tariffs could be ‘serious problem’ for Apple

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tariffs
Apple CEO Tim Cook has urged President Donald Trump to avoid tariffs with China.
Photos: White House/Apple

The Trump administration is expected to spare three Apple products from the next round of tariffs, but escalating conflicts with China could still be a costly problem for the tech giant should a full-blown trade war ensue.

Bloomberg news, siting five unidentified sources, said a product code that covers the Apple Watch, AirPods, and HomePod smart speaker, is not listed among some $200 billion in Chinese products subject to a new 10 percent tariff expected to be announced later this week.

Trump tariffs are about to hit Apple fans where it hurts

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tariffs
President Trump and Apple CEO Tim Cook don't see eye-to-eye on any of the Trump tarrifs.
Photos: White House/Apple

President Trump reportedly ordered tariffs on $200 billion more Chinese goods yesterday. After these were first proposed several weeks ago, Apple warned that they’ll likely increase the cost of many of its products.

The list of affected devices includes some of Apple’s most popular offerings.

Presidential iPad proves Trump is an Apple fanboy

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The Trump iPad might be how the president starts his day each morning.
The Trump iPad might be how the president starts his day each morning.
Photo: Ed Hardy/Cult of Mac

Perhaps Pres. Trump is more tech savvy than many people would expect. He fires off his tweetstorms from his phone, and today we learned he uses an tablet.

Specifically, we learned he uses an iPad. That goes with the pair of iPhones he carries around. Obviously, the president is an Apple fan.

US government bans employees from using risky Chinese phones

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Chinese company Huawei wants the media buzz that would come with releasing the world's first foldable phone.
Huawei is the second-largest phone maker globally, but it just became illegal for the US government to buy its products.
Photo: Kārlis Dambrāns/Flickr CC

By law, anyone who works for the U.S. government must give up their phone if it was made by Huawei or ZTE. And federal agencies must get rid of routers and other networking equipment made by the two Chinese companies as well. This is a requirement in the Defence Authorization Act just passed by Congress.

The rule came because both Huawei and ZTE are considered to be too closely tied to the Chinese government to be trusted.