Trump says Apple will spend ‘vast sums’ in US

  • Post author:
  • Post category:Uncategorized

Washington: Donald Trump said Friday that tech giant Apple would be spending “vast sums” of money in the US in a tweet ahead of a dinner meeting with its CEO Tim Cook.

###

The men have had several informal meetings before, including at Bedminster, New Jersey, where Trump is reportedly on a working holiday at his golf course.

###

“Having dinner tonight with Tim Cook of Apple. They will be spending vast sums of money in the U.S. Great!” he tweeted at around 7 pm local time.

###

“Tim Apple”

###

The president’s latest missive comes after a gaffe in March when he referred to Cook as “Tim Apple”.

###

Trump later claimed the naming was deliberate and a “time saving” measure.

###

Tariffs and China

###

The meeting follows Thursday’s announcement from Apple that it has invested roughly $60 billion in the US, and currently employs some 90,000 people in the country.

###

Many of the tech giant’s products are assembled in China and the company opposes incoming tariffs – an issue Trump is fixated on – of 10 percent on goods manufactured in China, due to come into force on September 1.

###

Trump has rejected Apple’s calls for an exemption on its products, tweeting in July the company should, “Make them in the USA, No Tariffs!”

###

But his administration announced Thursday tariffs on some goods would be delayed until December.

###

Apple did not immediately respond to comment about the dinner, and Trump did not tweet again about the meeting, or what was discussed.

###

The Morning and Evening Brief###

The Morning and Evening Brief