Trump, Apple CEO to meet as U.S.-China trade row roils tech sector

Reuters  |  WASHINGTON 

By Susan Heavey

(Reuters) - will meet with Chief Executive Officer on Wednesday, as the finds itself in the crosshairs of a U.S. trade spat with China, a for the maker and other companies.

It was not clear what Trump and Cook planned to discuss, and representatives for Apple did not immediately respond to a request for comment. Representatives for the also did not immediately reply.

Apple and other hardware makers have deep ties with China, where they build most of their products for export around the world. Cook urged calm and called for more open trade after Trump announced he would impose tariffs on certain Chinese imports, and retaliated with tariffs on U.S. imports.

Trump has a tense relationship with the U.S. technology industry, based in Democratic strongholds such as California's Silicon Valley and He has clashed with the tech sector on a wide variety of issues including trade, immigration and the environment.

Cook, who attended Trump's first state dinner at the on Tuesday night, has publicly objected to the president's decision to end the Deferred Action for Childhood Arrivals, or DACA, and criticized the U.S. president's comments after last year's violence in Charlottesville,

U.S. and Chinese officials have been working to resolve the feud between the world's two largest economies.

Trump in March vowed to impose about $50 billion of U.S. tariffs on Chinese imports, prompting to retaliate with tariffs on about $3 billion of U.S. imports. Trump then threatened $100 billion in additional levies.

To reach an additional $100 billion, a analysis found may have to target cellphones, computers and other consumer goods, prompting price rises at Apple Stores and other U.S. retailers.

On Tuesday, however, Trump said there was "a very good chance" the two countries could reach a deal as a U.S. delegation prepared to head to in a few days.

(Reporting by Susan Heavey; Editing by David Gregorio)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, April 25 2018. 19:04 IST