Apple CEO to meet with Trump amid U.S.-China trade tensions [Business News Network (BNN) Energy & Resources (Canada)]
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Source: Business News Network
Apple CEO to meet with Trump amid U.S.-China trade tensions Apple Inc. Chief Executive Officer Tim Cook will meet with President Donald Trump at the White House on Wednesday as the company looks to head off a brewing trade war between the U.S. and China. The sit-down between Cook and Trump will take place in the Oval Office on Wednesday afternoon and be closed to the press, according to the president’s official schedule released by the White House. The Trump administration’s decision to pursue tariffs on as much as US$150 billion in Chinese goods has stoked trade tensions with Beijing that could affect Apple’s business in Asia. The company’s sprawling production chain is also centered in China. Last month, Cook told attendees at a conference in Beijing that he hoped that China and the U.S. could resolve their differences on trade. “The countries that embrace openness do exceptional and the countries that don’t, don’t,” he said. “It’s not a matter of carving things up between sides. I’
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