Overview

• Senator Elizabeth Warren has sent a letter to Apple CEO Tim Cook requesting details on his discussions with the Trump administration about tariff exemptions for Apple products.
• The exemptions, announced on April 12, shielded iPhones and other electronics from steep tariffs on Chinese imports, which could have significantly impacted Apple’s supply chain and pricing.
• Warren raised concerns about Cook's $1 million donation to Trump's inauguration and private meetings with administration officials, questioning whether these influenced the exemptions.
• A Washington Post report revealed Cook spoke with senior Trump officials, including Commerce Secretary Howard Lutnick, about the potential impact of tariffs on iPhone prices.
• The Trump administration is expected to announce a broader tariff plan in the coming months, potentially affecting smartphones and laptops, including Apple products.