Trump tariffs: Apple CEO’s golden gift to Trump; How it may have solved Apple's 'iPhone problem'
Apple CEO Tim Cook secured semiconductor tariff exemption from President Trump after announcing $600 billion US manufacturing investment and presenting golden gift at White House. Deal protects Apple from 100% chip tariffs, potentially saving billions. New American Manufacturing Program partners with Samsung, TSMC, Corning for domestic iPhone component production, though complete iPhone assembly remains overseas amid Trump's trade pressure.
Apple CEO Tim Cook secured semiconductor tariff exemption from President Trump after announcing $600 billion US manufacturing investment and presenting golden gift at White House. Deal protects Apple from 100% chip tariffs, potentially saving billions. New American Manufacturing Program partners with Samsung, TSMC, Corning for domestic iPhone component production, though complete iPhone assembly remains overseas amid Trump's trade pressure.
