businessconservative
Apple's CEO and Trump: A Unique Business-Politics Friendship
Washington DC, USAMonday, November 25, 2024
In 2019, Apple faced potential tariffs on imports from China. Worried about iPhone prices, Cook personally lobbied Trump. This paid off when the tariff plan was scaled back, sparing the iPhone. Even when Trump visited an Apple plant, Cook let Trump claim credit without correction.
Not everyone can replicate Cook's strategy. Apple's brand power and Cook's influence make this tough. Former Aetna CEO Ron Williams says building such relationships takes time and strategy. Some execs are turning to lobbyists or trade groups. Others are trying new approaches, like leveraging VC investors. But not all attempts work. FedEx's Fred Smith tried to influence Trump's views on tariffs with no luck.
As Trump's presidency continues, Cook's approach remains a guide for other leaders. In a recent message, Cook signaled his intent to keep engaging with Trump.
Actions
flag content