'I Had A Little Problem With Tim Cook Yesterday': Trump Knocks Apple's Plans In India

During a business roundtable in Doha, Qatar, President Trump knocked Apple's Tim Cook for moving production to India.

Transcript

00:00He's going to be building the biggest factory anywhere in the world in Arizona and spending

00:05over $200 billion. And we have Apple, as you know, is coming in. And I had a little problem

00:13with Tim Cook yesterday. I said to him, Tim, you're my friend. I treated you very good. You're

00:17coming in with $500 billion, but now I hear you're building all over India. I don't want you

00:21building in India. You can build in India if you want to take care of India because India is the

00:27highest, one of the highest tariff nations in the world. It's very hard to sell into

00:32India. And they've offered us a deal where basically they're willing to literally charge

00:40us no tariff. So we go from the highest tariff. You couldn't do business in India. We're not

00:46even a top 30 in India because the tariff is so high to a point where they have actually

00:51told us, I assume you too, Scott, you were working on that also, that there will be no

00:56tariff, right? Would you say that's a difference? They're the highest and now they're saying

01:00no tariff. But I said to Tim, I said, Tim, look, we've treated you really good. We've

01:05put up with all the plants that you built in China for years. Now you've got to build

01:11us. We're not interested in you building in India. India can take care of themselves.

01:15They're doing very well. We want you to build here and they're going to be upping their production

01:20in the United States, Apple. So Apple's already in for $500 billion, but they're going to be

01:25upping their production. So it'll be great. So I really think we have.