Trump Tariff: Apple’s CEO (CEO) Tim Cook has clarified that the American multinational tech Belder creates China not due to the low labor cost of the South Asian nation but due to its “great tooling skills”. Donald Trump, after taking over as the 47th US President at the White House earlier this year, gave importance of the comments of the tech leader amidst the growing trade war between the two largest economies in the world after Tariff Hike in nations.
In a video shared on ‘X’ (East Twitter), Cook reported that there is confusion about Tahere China. Giving his opinion, Cook said, “The popular concept is that companies come to China due to low labor costs. I am not sure to which part of China they go, but the truth is that China stopped having low labor costs years ago.”
