05.12.2025
The phone calls between the President and the country's most lucrative tech company's CEO have become regular, though it isn't clear what they accomplish beyond keeping Apple on the nice
iPhone prices may be safe from going up, for now
The economically catastrophic and seemingly random tariff wars reached a new milestone on Monday as the Trump administration announced a new tariff deal with China. While Apple was exempt from much of the tariffs for now, it was still set to take a $900 million hit in the June quarter — which now may have been lessened.
According to a report from CNBC, President Trump said he spoke with Apple CEO Tim Cook on the phone after announcing the changes to the tariffs in China. He didn't share details of the conversation, only that Cook will "even up his numbers."
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