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Did Tim Cook finagle a special tariff deal? Senator Warren wants to know

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Did Tim Cook finagle a special tariff deal? Senator Warren wants to know

Senator Elizabeth Warren (D-MA) despatched Apple CEO Tim Prepare dinner a letter asking for data relating to Prepare dinner and Apple’s conversations with President Donald Trump’s administration about tariffs and any particular exemptions from the tariffs, Bloomberg experiences.

Warren’s letter, obtained by Bloomberg, factors out that Apple “appeared to have invested closely in influencing the Trump Administration” via issues like Prepare dinner’s $1 million donation to Trump’s inauguration and Prepare dinner’s presence on the inauguration. It discusses The Washington Publish’s latest report about Prepare dinner’s discussions with White Home officers, together with a reported dialog with Commerce Secretary Howard Lutnick about how tariffs may affect the value of iPhones.

It additionally notes Trump’s tariff exemptions for smartphones and different electronics and quotes WaPo saying that “Apple seems to be the one firm that advantages from just about all of [them].”

Warren’s letter concludes with a listing of questions for Apple, which incorporates inquiries on issues like the character of Prepare dinner’s discussions with the Trump administration, when Apple realized concerning the exemptions, and asking concerning the “the worth of the extra earnings that Apple will receive because of President Trump’s tariff exemption.”

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The letter doesn’t embody a deadline for Prepare dinner to reply. Apple didn’t instantly reply to a request for remark from The Verge.

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