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Apple CEO Says He Has Urged Trump To Address Legal Status of Immigrants; Also Told Him That Tariffs Are Wrong Approach To China (bloomberg.com)
Apple chief executive Tim Cook told Bloomberg Television that he has criticized Donald Trump's approach to trade with China in a recent White House meeting, while also urging the president to address the legal status of immigrants known as Dreamers. From the interview: Cook said his message to Trump focused on the importance of trade and how cooperation between two countries can boost the economy more than nations acting alone. Cook met with Trump in the Oval Office in late April amid a brewing trade war between the U.S. and China. The Trump administration instituted 25 percent tariffs on at least $50 billion worth of products from China, sparking retaliation. In the interview on "The David Rubenstein Show: Peer-to-Peer Conversations," Cook acknowledged that previous trade policies were flawed but said Trump's move is also problematic. "It's true, undoubtedly true, that not everyone has been advantaged from that -- in either country -- and we've got to work on that," Cook said. "But I felt that tariffs were not the right approach there, and I showed him some more analytical kinds of things to demonstrate why."
Did you forget Trump was a major Democrat donor for 35 years?
Did you forget that time Obama said homosexuality was wrong, and that marriage was between a man and a woman?
Did you forget that time Hillary said homosexuality was wrong, and that marriage was between a man and a woman?
Do you remember that time when they all pivoted when it became convenient for polling?
I remember. Quit being a tribalistic cult member, you fucking imbecile.
Tim Cook probably has self-serving reasons to give this advice ... but still? I'd say the libertarian-minded stance would be the same; don't implement tariffs.
The best alternative isn't a "quick fix" like most politicians are seeking. The long-term, best solution, involves encouraging U.S. based startups and small businesses to develop, and to perhaps a lesser extent, to provide some aid for mid-sized businesses too.
If you impose fees on imported goods but your country doesn't offer enough comparable alternatives of its own that people want to buy instead, you wind up either A) punishing U.S. citizens by cutting off goods they want to buy, or B) causing the country doing the importing to mark up the prices of what they're selling to compensate for the higher taxes on bringing it in, while again ultimately making the American people cover that cost.
Trump does not have the authority to address the legal status of "Dreamers". Only Congress can do that....something which Trump has asked them to do.
The truth is that all men having power ought to be mistrusted. James Madison
God damn. Well done.
You forget that Apple was on the verge of bankruptcy some years ago and only survived because M$ bailed them out?
How long will this meme kick around the internet?
It is ENTIRELY incorrect.
Here's the REAL story:
https://www.zdnet.com/article/...
https://thenextweb.com/apple/2...
Steve Jobs himself said they were 90 days from bankruptcy.
Only the State obtains its revenue by coercion. - Murray Rothbard
It seems to me that an awful lot of folks in the Middle East just want to keep killing each other and will use any excuse to justify it. Trumps move (which actually is a negative move, in that he simply chose to not renew a waiver to the 1995 law requiring the US embassy to be in Jerusalem, thereby letting the law and its consequences play out) is just today's excuse. ISIS making Genghis Khan seem tame...Sunnis and Shias are trading suicide bombings in mosques...Taliban lashing out all over...
"Militants from the Pakistani Taliban have attacked an army-run school in Peshawar, killing 141 people, 132 of them children, the military say.
"In Kabul, a suicide bomber killed at least 39 people and injured 45 more when he detonated his explosives among some 100 worshippers in a Shia mosque in the western part of the capital, according to the interior ministry. Some of the victims were reportedly shot after the blast on Friday evening.
"In central Ghor province, a suicide bomber killed 33 worshippers in a Sunni mosque, purportedly targeting a local commander from the anti-Taliban Jamiat party, said police spokesman Mohammad Iqbal Nizami.
"The most horrific incident was over the weekend in Baghdad where an ISIS suicide car bomb targeted the Karrada shopping area, killing over 175 people including numerous children. One moment Muslim families were shopping and socializing after breaking the Ramadan fast at sundown. The next, entire families were gone in a blink of an ISIS bomb. The blast targeted a primarily, but not exclusively, Shia neighborhood. But if you think ISIS hesitates at slaughtering Sunni Muslims, you simply don’t know what ISIS has been up to the past few years. The group has brutally murdered countless Sunni Muslims, including three women who reportedly refused to treat ISIS fighters and others who refused to pledge allegiance to ISIS. ISIS even reportedly killed three imams “for failing to praise ISIL in their sermons.”
"Four suicide bombers hit a pair of crowded mosques in Yemen's capital of Sanaa on Friday, killing at least 137 people and injuring more than 300 others, officials told NBC News. The ISIS affiliate in war-torn Yemen claimed responsibility for the attacks, according to Flashpoint Intelligence, a global security firm and NBC News consultant. It was the first large-scale attack claimed by the Sunni militants in Yemen, which has been in a state of chaos since Shiite Houthi rebels launched a violent power grab.
Tim Cook, like so many others, does not seem to understand that Trump's not actually implementing most tariffs, he is just using them as a tool - asking fir China to reduce import fees or else he'll implement the tariffs. Because Trump is kind of crazy, the Chinese can't tell if he will or not so they actually back off.
Trump's use of tariffs as a threat is working.
He also walked away with a $500M loan from the Chinese government to build a resort in Indonesia. But you’re right, he totally did all of this to reduce China’s import tariffs on US products.