Donald Trump talks about her “little problem with Tim Cook”

manager24.pl 1 month ago

President of the United States Donald Trump Increases the force on the CEO Apple, Tim Cook (64) to produce more equipment in USA not in India. "Yesterday I had a small problem with Tim Cook," Trump said during a performance in Qatar. “Tim, you are my friend, I treated you very well,” said Apple’s chief. Although Cook announced an investment of $500 billion (equivalent to EUR 446 billion) in the US, his devices are produced “all over India”. Trump said he did not want Apple to operate in India – but in the local market.

Trump's administration has been urging Apple for any time to let iPhone production – the company's most crucial product – in the US. Experts say that this would require immense investments and would considerably increase the price of smartphones.

Apple prefers to produce in Asia than in the USA

Over the past decades, under Cook's leadership, Apple has developed supply chains in Asia, beginning immense factories, mostly in China. In fresh years, the iPhone company has increased production in India and Vietnam. 1 of the factors causing this situation was the supply constraints caused by the blockage coronavirus China.

In fresh months Trump's customs announcements forced Apple to redesign its supply chains to the US market. According to the current plans, most of the iPhones sold in the USA will come from India. With iPads, Macs and Apple Watch watches, the company will supply the American marketplace almost exclusively from Vietnam. For goods from both countries, lower duties are planned than for deliveries from China. Secretary of Commerce Trump Howard Lutnick (63) He late said Cook had promised him that Apple would launch iPhone production in the US as shortly as sufficiently precise robot arms were available.

Read Entire Article