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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
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