Apple CEO Tim Cook donates $1 million to Trump’s inauguration fund ahead of January 20
Video Credit: Oneindia - Duration: 03:14s - Published
Apple CEO Tim Cook donates $1 million to Trump’s inauguration fund ahead of January 20
Apple CEO Tim Cook has pledged a $1 million donation to Donald Trump's inauguration fund, supporting the event as an American tradition.
Other major corporations and tech leaders, including Amazon, OpenAI, and Toyota, are following suit with similar contributions, reflecting a broader trend of corporate involvement in political events.
#TimCook #DonaldTrump #Inauguration2025 #CorporateDonations #AppleCEO #TechLeaders #Amazon #OpenAI #Toyota #Unity #Oneindia #OneindiaNews
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President Donald Trump has threatened Apple with a 25% tariff if it continues manufacturing iPhones outside the US. In a post on Truth Social, Trump warned CEO Tim Cook that iPhones sold in America must be built domestically—not in India or elsewhere. The warning follows Cook’s recent statement that most iPhones in the US will soon originate from India. Although finished smartphones currently enjoy tariff exemptions, Trump’s aggressive trade policies may disrupt Apple’s global supply chains and cost the company nearly $900 million this quarter alone.
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Donald Trump sparks a fresh controversy by opposing Apple’s iPhone manufacturing expansion in India. Speaking from Qatar, Trump revealed he told Apple CEO Tim Cook to halt plans and focus on U.S. job creation. He accused India of imposing “very high tariffs” and claimed India is now willing to drop them for a deal. This bold move could disrupt Apple’s $22 billion production pipeline in India and impact major partners like Foxconn, Tata, and Pegatron. A major blow to India’s manufacturing ambitions?
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President Trump warned of imposing 50% tariffs on European Union products, citing stalled trade negotiations. Speaking from the Oval Office, Trump hinted the new tariffs could extend to tech giants like Apple and Samsung, with a possible rollout in late June. While expressing hope for a fair agreement, Trump’s aggressive stance signals escalating tension between the U.S. and EU. Markets and global tech firms are closely watching, as Trump’s trade war rhetoric sharpens once again—this time aimed squarely at Europe.
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During a press conference in the Oval Office, President Trump was interrupted twice by phone calls from Congress members, which he promptly sent to voicemail. Trump announced plans to impose 50% tariffs on European Union products, citing stalled trade talks. He hinted the tariffs could target major tech companies like Apple and Samsung, potentially starting in late June. While Trump expressed hope for a fair deal, his aggressive rhetoric signals mounting U.S.-EU trade tensions, drawing close attention from markets and global tech firms.
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