Trump said Cook made a very good argument about competing with Samsung if the iPhone maker had to pay tariffs: In July, he had said Apple won’t get any exemption from tariffs if it produces goods in China. Earlier this month, analyst Ming-Chi Kuo said that the company should be able to absorb any cost increase caused by tariffs without impacting customers. The company has already taken steps to increase manufacturing in India and Vietnam. Kuo said Apple will be able to meet the demand of iPhones, iPads, and Apple Watches to the US consumers from non-China locations as early as next year, but Mac production outside China might take till 2021. However, Trump’s statement means Apple might escape from extra manufacturing costs. Wonder if the rest of Silicon Valley is filling his inbox with dinner invitations too.
