Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Donald Trump performs with Apple CEO Tim Cook (L) during the first meeting of the US Labor Council Advisory Council at the White House State Dining room in Washington, March 6, 2019.
Saul Lob | AFP | Gets the image
US President Donald Trump on Thursday said he said he said Apple CEO Tim Cook, which he does not want the technological giant to build his products in India, shooting the company’s steps to diversify production in China and calling it to turn.
“I had a small problem with Tim Cook yesterday,” Trump said. “I said to him, ‘My friend, I treated you very well. You come here from $ 500 billion, but now I hear you build all over India. “I don’t want you to build in India.”
Trump referred to Apple’s attachment $ 500 billion in investment In the US, which was announced in February.
Apple increases production in India with the intention of making about 25% global iPhones in the country in the next few years, because it is supposed to reduce the dependence on China where around Currently assembled 90% of its flagship smartphone.
“I said Tim, I said, ‘Tim look, we treated you really well, we put up with all the plants you have built in China for years, now you have created us. We are not interested in what you have built in India, India can take care of yourself … We want you to build here, ”Trump said.
The US president added that Apple will “increase” its production in the US without revealing additional details.
CNBC turned to Apple.
Trump expressed comments on the American technological giant, discussing Washington’s broader trade relations with India.
Trump said India is “one of the highest tariff countries in the world,” adding a deal to the US, where “they are ready to literally accuse us of tariffs.”
According to the White House Protestant policy, found in April, Trump introduced the so -called “mutual tariff” by 26% on Indian goods, which has been temporarily dropped by July.
Main partner Apple in India, Foxconn, received approval On Monday from the Indian government to build a semiconductor plant in a joint venture with HCL Group.
Apple has spent decades, creating its supply chain in China, but appealed to other countries such as Vietnam and India to expand their production capacity.
But experts usually agree that the relocation of iPhone production to the US will be unlikely from the final product price. Different estimates put the iPhone account between Between 1500 and 3,500 dollars when it was made in the US.
Currently, Apple produces very few products in the US, Cupertino Giant produces the Mac Pro in the US in February, it has announced that it will launch a Texas production shop to obtain servers for Apple Intelligence, its AI system.