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Saturday Aug 11 2018

Trump says will have dinner with Apple top boss Tim Cook on Friday

Apple CEO Tim Cook (L) speaks at the WSJD Live conference in Laguna Beach, California, US, October 27, 2014, and US President Donald Trump (R) makes a comment about how hot the room is during his Make America Great Again rally in Ohio, US, August 4, 2018. REUTERS/Lucy Nicholson and Leah Millis/Files

US President Donald Trump said in a Twitter post that he would have dinner with Apple Inc Chief Executive Officer Tim Cook on Friday.

“Looking forward to dinner tonight with Tim Cook of Apple. He is investing big dollars in U.S.A.,” said Trump, who is on vacation at his golf club in Bedminster, New Jersey.

Cook said in a conference call with investors last week that Apple was looking at whether Trump’s tariffs in a trade war with China would hit the company on the purchases it must make.

The New York Times reported in June that Trump told Cook that the US government would not levy tariffs on Apple iPhones assembled in China.

The newspaper reported that Cook travelled to the White House in May to warn Trump of the potentially adverse effects of Trump’s trade policies on Apple in China, but did not specify precisely when Trump made the commitment to Cook.

Apple this month became the first $1 trillion publicly listed US company.

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