For a second time, President Trump sat down with Apple’s CEO Tim Cook, and talked tariffs over dinner on Friday. Unlike a lot of other Silicon Valley entities, Mr Cook has taken the path of least confrontation with the administration over its budding philosophical conflict with China over tariffs, intellectual property rights and the like, as it stands to lose a lot if things go awry.
That is why, on the cusp of escalation, Tim Cook organized a sit-down with Trump to give him another valid reason for backing down on tariffs apart from the fact that they will ruin Christmas. We kid, but that’s one of the reasons that 10% surcharge on $300 billion of Chinese imports was postponed from September 1st to mid-December now.
