Trump and Tim Cook go face-to-face to talk US trade policy

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Apple shares suffer biggest decline since August
Tim Cook and Donald Trump at one of their earlier meetings.
Photo: White House

Apple’s CEO quietly made a visit to the White House today, where Tim Cook met with Pres. Trump to discuss trade and other matters.

The tax Trump is threatening to put on all Apple’s imports from China as part of his ongoing trade war has to have been prominent.

New Trump trade rhetoric spells trouble for Apple

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Apple shares suffer biggest decline since August
Apple shares suffer biggest decline since August
Photo: White House

Apple started its work week to news of its stock in freefall thanks to Sunday tweets by President Donald Trump threatening to tag more Chinese goods with a 25 percent tariff unless the two countries can reach a trade deal by Friday.

This may be just another Trump Twitter rant to put pressure on negotiations. But if he follows through on an additional $200 billion in goods, Apple may be forced to build iPhone, iPads, and Macs elsewhere.

White House wonk says China ‘picked off’ Apple IP

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Foxconn employees accused of $43 million iPhone scam
Foxconn employees accused of $43 million iPhone scam
Photo: Apple

A White House official said today China is stealing Apple technology secrets but did not provide specific details.

National Economic Council Director Larry Kudlow made the comment during a wide-ranging interview with Bloomberg that included U.S. trade tensions with China.