NEW YORK, January 30. /TASS/. CEO of Apple Tim cook believes that there has been some reduction of tensions in trade disputes between Washington and Beijing.
“If a schedule regarding tensions in the sphere of trade, it in January is clearly lower than it was in December, cook said Tuesday in an interview with Reuters. — I’m optimistic about what the country will be able to resolve disputed issues.”
Apple CEO, as stated in the publication, maintains constant contact with the President of the United States Donald trump on this issue. According to cook, the deep divisions between the US and China on trade issues have become one of the reasons for the decline of iPhone sales.
In early December, 2018 trump and Chinese President XI Jinping at the meeting on the sidelines of the G20 summit in Argentina have agreed to do within three months of measures aimed at the conclusion of a trade agreement between the two States. The White house stated that it agreed from 1 January not to raise tariffs from 10% to 25% for Chinese products totaling $200 billion as it had previously planned. The period during which the parties undertook to conclude a trade agreement ends on March 1. If by the time of the transaction will not be achieved, the tariff increase will come into force.
Read more •••