Trump, top aides talk trade with Apple CEO Cook at White House

Reuters  |  WASHINGTON 

By Roberta and David Shepardson

Cook, who has urged calm during the recent flare in U.S. trade tensions with China, held private talks with Trump in the Oval Office. He also spoke with the president's top and U.S. Trade

Trump is preparing to send a delegation to to try to off a trade war that stands to harm Apple, the world's largest company, and other that build products in

Trump has threatened a new round of $100 billion in tariffs on Chinese products that could target cellphones, computers and other consumer goods. retaliated against an initial round of $50 billion in tariffs.

The meeting, which the said had been in the works for a couple of weeks, came the day after Cook sat at Trump's table at his first state dinner, held in honour of French

A official described the meeting as "good" but neither the nor Apple provided details of the discussions.

Trump said earlier on Wednesday that he was looking forward to seeing Cook. "We will be talking about many things, including how the U.S. has been treated unfairly for many years, by many countries, on trade," he said on

Cook also had strong relations with Trump's predecessor in the White House, Democratic He sat at the table for Obama's 2015 state dinner honouring Chinese

Cook has been to at least three times since October, including paying a visit to Xi.

'GOOD GUY'

Cook has become one of Trump's favourite CEOs to name-check in speeches. This was a surprising turn after a rocky start to their relationship. During his election campaign, Trump urged supporters to boycott Apple and criticized the company for making its products in

As president, Trump has called Cook a "good guy" and mentioned him by name at least 10 times during public remarks, including during his speech at the in in January and during several high-profile interviews.

The frequently uses Cook and Apple as an example of how he says his tax cut package is creating jobs because it spurred the company to repatriate earnings it had held overseas.

Trump has frequently said he would not consider his presidency successful unless Apple builds in the

Apple has a market capitalization of $835 billion and 123,000 employees, 84,000 of whom are in the The company said in January it plans to spend $30 billion in capital expenditures in the over the next five years, $10 billion of that on data centres.

Apple said its spending will create 20,000 new jobs through hiring at existing campuses in and as well as at a planned new campus.

Cook has also developed ties with Trump's daughter Ivanka and Jared Kushner, both senior advisers at the who work on tech training and government IT modernization issues.

His praise for Cook aside, Trump, a Republican, has had a sometimes tense relationship with the U.S. industry, based in Democratic strongholds such as California's Silicon Valley and in He has clashed with the tech sector on issues including trade, immigration and the environment.

Cook has publicly objected to Trump's decision to end a program protecting from deportation young immigrants who were brought illegally to the as children. He was also among business leaders who criticized Trump after the cast equal blame on white nationalists and anti-racism activists for violence last year in Charlottesville,

(Reporting by David Shepardson, Roberta Rampton, and in Washington and Stephen Nellis in San Francisco; Editing by David Gregorio, and Frances Kerry)

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

First Published: Thu, April 26 2018. 02:47 IST