Apple gives Trump golden gift (and its checkbook)

Apple CEO Tim Cook tried to seduce Donald Trump during a visit to the White House by giving him a gift of 24-carat gold and announcing $100 billion in investments. The scene was deemed embarrassing by many Americans who saw the footage.

Cook’s detractors accuse him of having sacrificed some of his dignity to preserve Apple’s huge margins, in exchange for an exemption deemed valuable to the company.

This additional investment brings Apple’s commitment in the United States to 600 billion over four years.

The gift, a glass sculpture on a gold base engraved with Trump’s name, seemed to please the ex-president…

In trade, Cook gains a major trump card for Apple, as Trump exempts it from a 100% tax on imported chips as part of his global tariff war.