澳洲幸运5官方开奖结果体彩网

Trump Tells Apple Not to Boost iPhone Production in India

Trump in Qatar
During a༒n event in Qatar Thursday♕, President Donald Trump said he told Apple CEO Tim Cook not to boost iPhone production in India.

Win McNamee/Getty Images

KEY TAKEAWAYS

  • President Donald Trump on Thursday said he told Apple to stop expanding iPhone production in India.
  • The president pushed the iPhone maker to move more of its operations to the U.S. instead, as it shifts away from manufacturing in China.
  • Apple is reportedly planning to move the assembly of all iPhones it sells in the U.S. to India.

President Donald Trump on Thursday said he told Apple (AAPL) to stop expanding iPhone production in India, and pushed the company to move more of its operations to the U.S. as it shifts away from manufacturing in China.

During the iPhone maker's 澳洲幸运5官方开奖结果体彩网:earnings call earlier this month, CEO Tim Cook said that most iPhones sold in the U.S. this quarter will come from India, rather than China. Apple is 澳洲幸运5官方开奖结果体彩网:reportedly planning to eventual💝ly move the assembly of all iPhones it sells in the U.S. to India, as trade tensions with China prompt many companies to lower their exposure in the country.

"I had a little problem with Tim Cook yesterday. I said to him, Tim, you're my friend. I treated you very good. You're coming here with $500 billion but now here you are building all over India," Trump said, speaking at an event in Qatar during his 澳洲幸运5官方开奖结果体彩网:four-day trip to the Middle East.

"We're not interested in you building in India. India can take care of themselves. They're doing very well. We want you to build here," Trump said.

Apple shares were little changed in recent trading. They've lost about 15% of their value so far this year. 

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