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Trump Reveals Speaking To Apple CEO Tim Cook After China Tariff Suspension: 'He's Going To...Even Up His Numbers' - Apple (NASDAQ:AAPL)

  • On May 12, 2025, President Donald Trump spoke in the Oval Office with Apple CEO Tim Cook about Apple’s plans amid a U.S.-China tariff suspension.
  • This conversation followed a 90-day pause on most U.S.-China tariffs aimed at easing trade tensions affecting Apple’s China-based production.
  • Apple produces most devices in China but is diversifying, sourcing some U.S.-bound products from Vietnam and India while planning a $500 billion U.S. Expansion including a Houston AI server facility.
  • Trump mentioned that he had a conversation with Tim Cook earlier in the day, during which Cook indicated plans to potentially increase production figures. However, Trump described the situation as uncertain beyond June and chose not to make further predictions.
  • The tariff pause and Trump-Cook talks suggest potential growth for Apple's U.S. Operations, though experts remain skeptical about fully relocating production from China.
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Portfolio.hu broke the news in on Monday, May 12, 2025.
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