Business

Trump wants to help Apple compete with Samsung

During his visit to Apple’s manufacturing facility in Austin yesterday, Donald Trump hinted at the possibility of tariff exemptions for Apple to negate Samsung’s cost advantage in the US. He expressed a similar sentiment in August this year after Tim Cook made a case that tariffs on imports from China will hamper Apple’s ability to compete with Samsung.

“The problem we have is you have Samsung. It’s a great company but it’s a competitor of Apple, and it’s not fair if, because we have a trade deal with Korea – we made a great trade deal with South Korea – but we have to treat Apple on a somewhat similar basis as we treat Samsung,” said Trump, according to media reports.

The crux of Apple’s argument is that most of its products sold in the US are manufactured in China, attracting tariffs levied by the Trump administration on Chinese imports. In contrast, Samsung doesn’t have to pay these tariffs on imports since its manufacturing bases are in India and Vietnam. Despite Apple’s insistence, market analysts are skeptical of the impact of these tariffs on Apple’s ability to compete with Samsung.

The Trump administration has already offered certain exemptions on computer parts to help Apple build Mac Pro computers in Austin, but the company is asking for more. Ever since the US Government imposed tariffs on imports from China, Apple is reportedly paying a 10% tariff on AirPods, Apple Watches, and other products that are imported to the US. The administration is planning to levy another round of tariffs on made-in-China products from next month, which will include, among other things, Apple’s iPhones as well.

Being a South Korean company, Samsung was able to avoid the hostility that many Chinese brands are facing under the current regime in the US. So far, neither Trump nor anyone from his administration has attacked Samsung. The Korean company has also tried to appeal to Trump by investing in a manufacturing facility in the US after he came to power.

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Gunter2
Gunter2

Naresh, you may not have noticed yet, but there is a comment below with some pretty disgusting language. @Rachel15 has a right to be triggered if she wants to, and even has a right to use her filthy toilet mouth with those people who accept it, but this is a public forum where young people interested in technology may visit, and this hateful language should not be used here to target people based on whatever their political or religious beliefs may be. She has stepped over the line in my opinion. I wonder does she speak to her mother like… Read more »

MaxWeinbach
MaxWeinbach

Your post is shameful.

PookiePrancer
PookiePrancer

Nothing to get worked up about. Trump visited an Apple plant and said he MIGHT help them. What else would he be expected to say? Standard diplomatic talk.

Rachel15
Rachel15

Apple wont beat Samsung, Samsung is 10x more innovative than apple . Samsung even manufacturers displays, Dram chips to apple .
Lol isn’t trump the same moron that told his Republicunt supporters that trade wars are easy and could be won in weeks , almost 3yrs later he hasn’t won any trade deals 🤣😅😂

Messibarca92
Messibarca92

Maybe get a job?? You keyboard warrior

Tibudev
Tibudev

🤣

brendonx
brendonx

I take it you are an oompa loompa supporter

Gunter2
Gunter2

Do you have to use that language publicly? Show some respect. There are young people who may visit this public forum and they shouldn’t be exposed to your hateful filthy mouth. I’m not American so I have no interest in Trump, however your hateful and disgusting comment about those who support his party is exactly what is wrong with your society. People with your mindset could just as easily be using the “N” word depending on your point of view. You should be ashamed of yourself. Obviously you have no respect for yourself or anyone else.

Biransahin
Biransahin

Oh my. What a toilet mouth you have Rachel15. Were you brought up in a landfill? Younger people visit here. This is a public forum. Be respectful. You’re not in your tenement now.

SAMgalaxyXXX
SAMgalaxyXXX

Wow Biransahin you have come a long way and learned yourself. At least she/he directed her insult to someone else and not one of us here in the community. Have you forgotten when you also called me a moron at the beginning of the year because I expressed my opinion in one the articles about the S10s?

Biransahin
Biransahin

Ah shut up you stupid cunt. I take it your not insulted by that either.

SAMgalaxyXXX
SAMgalaxyXXX

Oh my. What a toilet mouth you have MR BIRANSAHIN Were you brought up in a landfill? Younger people visit here. This is a public forum. Be respectful. You’re not in your tenement now. 😂🤣😂🤣😂

Gunter2
Gunter2

SAMgalaxyXXX You walked right into that one. Lol. The fact that you put “moron” and “c**t” in the same bracket of what is objectionable does point to the fact that his initial description of you as a moron is in fact correct. You’re not exactly the brightest star in the galaxy are you? Pun intended. 😉

Biransahin
Biransahin

To be honest my friend, MR SAMgalaxyXXX is pretty easy to bamboozle. 😉

Gunter2
Gunter2

I can see that.😂 Plus you didn’t refer to the toilet mouth. I did. He really deserved that comeback though despite the objectionable descriptive.

SAMgalaxyXXX
SAMgalaxyXXX

Oh here comes the childish comment reporter (Sir sir X said a bad word, pathetic!!!🤦🏽‍♂️😂😂) to defend his buddy. You 2 love each other, don’t you? 😂🤣😂. What a duo of hypocrite crying babies 😂😂.
Have a good day and weekend.

o0MHJ0o
o0MHJ0o

That can’t be right, surely… There must be laws regarding fair trade?! If one company is being sanctioned for trading with a particular country – because they’re using THAT particular country – then all companies should!

pigglett
pigglett

Since when has The Orange One took any notice of laws ?

pigglett
pigglett

Aww poor Apple they have so little capital in the bank