On Tariffs, It’s Good to Be “Tim Apple”

Tariffs are advertised in the name of helping American workers, but what do you know? They turn out to favor the powerful and politically connected. That’s the main message of President Trump’s decision to exempt smartphones and assorted electronic goods from his most onerous tariffs.

On Tariffs, It’s Good to Be Tim Cook

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Tim Cook gifted Donald Trump a $6,000 Mac Pro after he lowered tariffs on parts Apple needed from China

At the time Apple and Cook were applying a charm offensive to persuade then-President Trump to remove tariffs on certain components that came from China. Cook asked Trump if he could meet him in person to make Apple’s case, a gesture the former president found “impressive,” he told Bloomberg. Trump was particularly pleased at the time that Cook reached out, especially considering his acrimonious relationship with other tech CEOs. 

[2019] Apple dodges iPhone tariff after Trump confirms trade deal agreement with China

Although the trade deal affects billions of dollars worth of goods, it’s a particular victory for Apple CEO Tim Cook, who has personally worked to keep communication open with the Trump administration. Cook’s charm offensive culminated last month when he gave Trump a tour of a Mac Pro assembly plant in Texas. That computer is assembled in the United States, and Apple was granted tariff waivers for several of its components.

Trump is negotiating with BOTH Russia AND Ukraine for Donbass’ minerals.

Ukraine expected to sign a deal with Trump giving U.S. access to its rare minerals—but almost half are impossible to get to

Ukraine is nearing a deal to grant the U.S. access to its rare minerals in exchange for continued political and, perhaps, military support, though negotiations face challenges since 40% of these resources are in Russian-occupied territory. With Trump pushing for access to these minerals while also engaging in talks with Russia, Ukraine faces uncertainty over its strategic partnerships as it navigates its war effort and economic future.

That being said, information about what materials Ukraine has and where they are located presents snags for negotiations. Namely, Ukraine can’t promise access to all its materials when a reported 40% of the minerals are under land currently occupied by Russia.

On top of that, the main motivation for Zelensky agreeing to swap minerals is likely to be in return for military aid from America—which Ukrainian officials say has not been explicitly penciled into the draft.

Despite this, yesterday sources in Kyiv confirmed the terms to share materials—including oil and gas—are almost agreed after months of negotiation.

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Pentagon Appointee Opposes ‘Belligerent Military Initiatives’ Aimed at China

The Pentagon official tasked with overseeing U.S. defense policy toward Southeast Asia recently advised against pursuing hawkish defense policies and a major trade war against China, a marked contrast with top Trump appointees.

John Andrew Byers, a longtime history professor who oversaw the Charles Koch philanthropic network’s grants promoting libertarian foreign policy stances at universities, was sworn in this week as the deputy assistant secretary of defense for South and Southeast Asia — a role that immediately thrusts him to the center of America’s response to China’s ongoing military pressure campaign targeting the Philippines, with which Washington holds a mutual defense treaty.

Pentagon Appointee Opposes ‘Belligerent Military Initiatives’ Aimed at China

Related:

Lowy Institute: Trump’s grand bargain? The Philippines caught between US and China by Richard Heydarian

CGS non-resident fellow Andrew Byers co-authors article with The American Conservative

Deputy Assistant Secretary of Defense for South and Southeast Asia: Andrew Byers

China banned sale of these minerals to the U.S. It matters to all of us

China banned sale of these minerals to the U.S. It matters to all of us

The ban will challenge many semiconductor manufacturers in the coming months. After two years of flat consumer demand, exacerbated by the global semiconductor shortage, many companies are predicted to struggle to stay afloat. Access to critical raw materials like gallium, germanium, and antimony is becoming increasingly important due to the heightened demand for electronics due to AI.

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