More
    HomeGadgetsApple CEO Says Doesn't See China Targeting Apple in US-China Trade War

    Apple CEO Says Doesn’t See China Targeting Apple in US-China Trade War

    Published on

    - Advertisement -

    Apple CEO Tim Cook has said that his company’s products have managed to escape the fallout of President Donald Trump’s trade war against China and he thinks it would remain that way, CBS News reported.

    “Currently the Chinese have not targeted Apple at all and I don’t anticipate that happening, to be honest,” Cook was quoted as saying in an interview with CBS News late on Tuesday.

    - Advertisement -

    Analysts have forecast that the move is likely to raise the cost of iPhones by as much as 14 per cent; that hasn’t happened so far, Cook said.

    The admission by Cook came while Apple was hosting developers, designers and engineers at its annual Worldwide Developers Conference (WWDC) in San Jose, California this week.

    - Advertisement -

    Last week, China slapped duties as high as 25 percent on more than 5,000 American products worth $60 billion.

    Beijing’s move came in retaliation against President Donald Trump’s decision to hike duties on $200 billion of Chinese imports, according to the CNBC.

    - Advertisement -

    Latest articles

    Elon Musk Denies Report on Plans for Multi-Billion Dollar Funding From Saudi, UAE for SpaceX

    Elon Musk, the billionaire founder of SpaceX, on Friday denied a media report from...

    New foldable in town plus some Friday fun!

    šŸŒž Happy Friday, folks! Iā€™m usually super upbeat when the weekend comes around, but...

    Joao Cancelo reacts to Julian Nagelsmann’s sudden Bayern Munich departure

    Joao Cancelo has admitted he was surprised to learn that Bayern Munich are preparing...

    Euro 2024 qualifiers today – your guide to Friday’s matches

    With the Euro 2024 qualification campaign getting underway for many teams on Thursday night,...

    More like this

    Huawei MatePad 11 (2023) With 11-Inch Display, Snapdragon 870 SoC Launched: All Details

    Huawei MatePad 11 (2023) was launched by the company in China on Thursday. The...

    Croma Collections Sale 2023: Top Deals on Electronics to Beat the Heat

    As temperatures soar, you can gear up for an unforgettable summer with Croma Collections'...

    Arm Plans to Charge Device Makers for Chips Based on Device Value in Bid to Boost Revenue: Report

    Arm, owned by Japan's SoftBank Group, is seeking to raise prices for its chip...
    %d bloggers like this: