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Trade war

Apple CEO warns Trump on China tariffs and Samsung competition

President says Tim Cook made 'good case' about policy risks to tech giant

Apple CEO Tim Cook speaks with U.S. President Donald Trump ahead of the imposition of new tariffs that would affect the company's made-in-China products.   © Reuters

MORRISTOWN, New Jersey (Reuters) -- President Donald Trump said on Sunday that he had spoken with Apple Inc's Chief Executive Tim Cook about the impact of U.S. tariffs on Chinese imports as well as competition from South Korean company Samsung Electronics Co Ltd.

Trump said Cook "made a good case" that tariffs could hurt Apple, given that Samsung's products would not be subject to those same tariffs. Tariffs on an additional $300 billion worth of Chinese goods, including consumer electronics, are scheduled to go into effect in two stages on Sept. 1 and Dec. 15.

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