Trump has a Problem with Apple CEO
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00:00I had a little problem with Tim Cook yesterday.
00:02President Donald Trump isn't pleased with Apple CEO Tim Cook after the company's decision to move
00:07production of iPhones sold in the U.S. from China to India.
00:11I said to him, Tim, you're my friend. I treated you very good. You're coming in with $500 billion,
00:15but now I hear you're building all over India. I don't want you building in India.
00:18The decision was made to avoid paying higher tariffs, which the company says could add $900
00:23million to its cost this quarter. I said, Tim, look, we've treated you really good.
00:28We put up with all the plants that you built in China for years. India can take care of
00:34themselves. They're doing very well. We want you to build here, and they're going to be upping their
00:38production in the United States, Apple. So Apple's already in for $500 billion,
00:43but they're going to be upping their production.
00:45Apple didn't immediately respond to CNN's request for comment.