As part of this meeting, prominent personalities discussed alleged sanctions against Huawei, their consequences and the achievements of a rival Samsung.
What were you talking about?
The fact is that the US government intended to impose sanctions on September 1 - a new 10% tax was supposed to apply to goods from China. Given that many smartphones “apple” gather in the Middle Kingdom, this law will affect the budget of Apple. Consequently, in the framework of the meeting, Trump and Cook discussed the possibility of transferring production to America. Tim made it clear that Samsung will not suffer in any way from the introduction of the tax, as it collects its equipment in the territory of South Korea. And the introduction of a new duty can only play into the hands of the South Korean manufacturer.
According to preliminary data, the conversation received the expected end, and the dialogue was successful - the introduction of sanctions should be postponed.