Trump Advisor Peter Navarro Reportedly Accuses Apple CEO Of Delaying ...
CHINA, JUL 7 – White House trade advisor Peter Navarro says Apple CEO Tim Cook is not moving iPhone production out of China quickly enough despite Trump’s tariff threats and push for US manufacturing.
- On Monday, Peter Navarro, a senior trade official in the Trump administration, publicly criticized Apple CEO Tim Cook for repeatedly postponing the relocation of iPhone manufacturing away from China.
- Navarro's critique follows escalating pressure from President Donald Trump, including a May threat of 25% tariffs on iPhones made outside the U.S., which Cook allegedly resisted by requesting more time since Trump's first term.
- Apple has committed to spending $500 billion on U.S. projects including AI server assembly and has increased production in India partly to avoid tariffs, but this has not satisfied the administration's reshoring goals.
- Navarro expressed disbelief that Apple is unable to manufacture iPhones outside of China given advancements in manufacturing and AI, criticizing the ongoing delays as a prolonged and drawn-out issue within Silicon Valley.
- The criticism highlights ongoing tensions over reshoring policies, as Apple's shares dropped 1.69% amid lagging sales and the complex feasibility of U.S. iPhone production, which some estimate could raise costs to $3,500 per unit.
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White House Senior Counselor slams Tim Cook over China
On today’s “Squawk on the Street” on CNBC, White House Senior Counselor for trade and manufacturing Peter Navarro reignited criticism of Apple’s dependence on China, calling out CEO Tim Cook for what he described as years of delayed efforts to move iPhone production elsewhere. Here’s the full quote. more…
Trump advisor Peter Navarro blasts Tim Cook for making iPhones in China
White House trade advisor Peter Navarro sharply criticized Apple CEO Tim Cook on Monday over the company’s ongoing reliance on China for iPhone production, intensifying pressure from the Trump administration for Apple to bring back manufacturing to the United States.
Trump trade advisor bashes Tim Cook for Silicon Valley's 'longest-running soap opera'
Peter Navarro bashed Tim Cook for not moving manufacturing out of China.Andrew Harnik/Getty ImagesTrump trade advisor Peter Navarro bashed Tim Cook for not moving manufacturing out of China.Navarro said that it's "inconceivable" that Apple couldn't make iPhones elsewhere.Apple has ramped up production in India recently, but that hasn't appeased the president's anger.White House trade advisor Peter Navarro gave Apple CEO Tim Cook a new, somewhat …
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