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Tim Cook says China has not targeted Apple despite escalation in trade tensions

2019-06-05 10:51:11       source:CNBC

June 5, 2019

China has not targeted Apple at all in the ongoing trade dispute between Beijing and Washington, according to CEO Tim Cook.

“The Chinese have not targeted Apple at all, and, I don’t anticipate that happening, to be honest,” Cook said in an interview with CBS News Tuesday, where he also spoke on a number of other subjects including immigration, fake news and how much time consumers spend on their iPhones.

In an escalating tit-for-tat trade war between the world’s two largest economies, China on Saturday raised tariffs on $60 billion worth of U.S. goods — that included slapping higher duties on more than 5,000 American products by as high as 25%. Beijing’s move came in retaliation for President Donald Trump’s decision to hike duties on $200 billion of Chinese imports.

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