Prøve GULL - Gratis
How Tim Cook Cracked The Code On Working With Trump
Mint Mumbai
|November 26, 2024
For years, through carefully choreographed dinners and meetings, Apple CEO Tim Cook did something that has eluded many other corporate leaders: He developed a personal relationship with President-elect Donald Trump.

Their rapport has been built, in part, by zeroing in on areas of mutual interest between Apple and Trump's agenda.
Now, with Trump's cabinet taking shape and new circles of power emerging in Washington, executives across the corporate sphere are working to get in the good graces of the new administration. Plenty hope to follow Cook's playbook.
In the first Trump administration, the Apple executive pioneered a template for how business leaders should engage with Trump. Instead of sending government relations executives or lobbyists, Cook would appeal to Trump directly through phone calls and meals, said people familiar with the interactions.
Cook then developed a meeting strategy with Trump where he would bring one data point to home in on a single issue in a meeting, the people said. That approach helped keep the meetings from spiraling in too many directions.
Big win on tariffs
In 2017, as Trump was working on a tax-cut plan, Cook told the then-president that Apple would increase its U.S. investments if the company could repatriate $250 billion in overseas cash at a reduced tax rate. Trump would later cite Apple while promoting his tax plan.
Cook's biggest win took place in 2019 when Apple was facing down a potential 10% tariff on all imports from China, where Apple still overwhelmingly produces its devices. Cook personally lobbied Trump, explaining how tariffs would increase iPhone prices and help foreign rivals like Samsung. Days later, the Trump administration announced it would scale back its tariff plan, giving exceptions to a range of electronics, including the iPhone.
Apple then reversed an earlier decision to move production of its Mac Pro computer to China from Austin, Texas.
Denne historien er fra November 26, 2024-utgaven av Mint Mumbai.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Mumbai
Mint Mumbai
Sebi, RBI plan easy int'l investor entry
The Securities and Exchange Board of India (Sebi) and the Reserve Bank of India (RBI) are in advanced discussions to ease entry processes for new overseas investors, four people aware of the matter said, at a time of weak foreign flows in the economy.
1 min
September 24, 2025
Mint Mumbai
Fortis to expand obesity clinics
Fortis Healthcare plans to open more dedicated obesity clinics across its hospitals to meet surging demand for weight-loss drugs and therapies in the world’s most populous nation, its managing director and chief executive, Ashutosh Raghuvanshi, said in an interview earlier this month.
1 min
September 24, 2025
Mint Mumbai
Why Sebi-registered advisers are dwindling despite eased norms
Shrinking number of Sebi-registered advisers means fewer options for investors seeking conflict-free advice
4 mins
September 24, 2025
Mint Mumbai
Nvidia-OpenAl: A clinch we should all be wary of
This deal is aimed at a data centre build-up but what's win-win for Al businesses need not work out well for the rest of us. Nobody should get to dominate AI. It’s much too important
2 mins
September 24, 2025

Mint Mumbai
Pepperfry buyout set to reveal cracks in online furniture retail
Pepperfry's falling revenue and abandoned IPO were proof of a rapidly changing landscape
3 mins
September 24, 2025
Mint Mumbai
Accenture eyes new Andhra campus
Tech consultancy Accenture has proposed setting up a new campus of about 10 acres in Andhra Pradesh’s port city of Visakhapatnam, aiming to eventually add about 12,000 jobs to its workforce in India, three people familiar with the matter said.
1 min
September 24, 2025
Mint Mumbai
L’Oréal has eyes for Armani’s profitable beauty biz alone
L’Oréal SA, named by Giorgio Armani as a potential investor in the late Italian fashion mogul’s eponymous business, would only be interested in its profitable beauty arm, according to a person familiar with the matter.
2 mins
September 24, 2025

Mint Mumbai
Nato pledges ‘robust’ response to Russian airspace breaches
The North Atlantic Treaty Organization (Nato) promised a “robust” response to Russian incursions into its airspace and said it would use all options, including military, to defend itself.
1 min
September 24, 2025
Mint Mumbai
Centre appoints 49 drug inspectors
Six months after a government report showed an alarming shortage of drug inspectors in the country, the Union health ministry appointed 49 to the role.
1 min
September 24, 2025
Mint Mumbai
MID-& SMALL-CAP FUNDS: WEALTH ENGINE OR RISK?
In recent years, midand small-cap funds have taken centre stage in investor conversations.
2 mins
September 24, 2025
Listen
Translate
Change font size