Apple CEO Tim Cook spoke with U.S. Commerce Secretary Howard Lutnick about the potential impact of tariffs on Apple’s business.
By the end of the week, the Trump administration granted a reprieve to Apple and other large U.S. firms by exempting their electronic products from import duties.
White House denies granting specific favors to Cook, but Trump mentioned that he 'helped' the tech executive.
The Trump administration is taking a strategic approach to combat China's unfair trade practices and boost U.S. high-tech manufacturing.