US trade war with China will help Samsung defeat Apple

Last Friday, US President Donald Trump and Apple CEO Tim Cook held a joint dinner at the Presidential

golf club in Bedminster, New Jersey and discussed the introduction of tariffs and even Apple's main competitor, Samsung.

What did they talk about?

The fact is that from September 1, the US governmentis going to introduce an additional 10 percent tariffs on goods from China. Since Apple assembles its products in the Middle Kingdom, these duties will also affect it: it will either have to move production or raise prices for gadgets.

Therefore, during the meeting, Trump and Cook discussed the possibility of moving Apple production to the United States, as well as the consequences of introducing duties for the Apple company.

Tim Cook also touched upon Samsung, which is located in South Korea and will not suffer from the introduction of duties. But trade between the US and China will further strengthen its position in relation to Apple.

“I had a very pleasant meeting with TimCook, I respect him. Tim talked to me about the tariffs. And one of their disadvantages, and he makes a good case for this, is that Samsung is their number one competitor. Samsung also does not pay duties, since it is based in South Korea. It seems to me that he made a very convincing argument for the haste to introduce higher tariffs, so I will think about it,” Trump concluded.

What exactly this means - a possible cancellation of duties or some kind of concessions in relation to Apple - is unknown.

And by the way, Donald had already learned Tim's last name and never once called him Tim Apple.