Ina Fried/Axios

Apple CEO Tim Cook said Tuesday that the company is investing in U.S. manufacturing and hopes to continue to do final assembly of the Mac Pro here.

Why it matters: It was reported that Apple was asking for a tariff exemption related to the Mac Pro, but that was apparently so it could bring partially assembled goods into the U.S. for final assembly without tariffs. President Trump had tweeted in response that Apple should do its manufacturing here and wouldn't get any tariff relief.

"We’ve been making the Mac Pro in the US; we want to continue to do that," Tim Cook said on a conference call following its quarterly earnings report. "We’re explaining that and hope for a positive outcome."

Between the lines: Apple basically wants to continue what it has been doing, which is to do as much manufacturing in the U.S. as makes sense, in this case doing final assembly of the high-end desktop here, while key components remain made in China. That's the same set-up Apple has with the current Mac Pro, which is the company's only major hardware product assembled domestically.

If it faces tariffs, it could make doing so economically unfeasible and prompt the company to actually shift production to China.

Apple announced the new Mac Pro, years in the making, at its developer conference in June. It has yet to announce pricing for the desktop computer, which will go on sale later this year.

Go deeper: Axios First Look at Apple's new Mac Pro

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Updated 57 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: McConnell urges White House not to strike stimulus deal before election — Republican senators defend Fauci as Trump escalates attacks.
  2. Health: The next wave is gaining steam.
  3. Education: Schools haven't become hotspots — University of Michigan students ordered to shelter-in-place.

Biden has huge cash advantage over Trump as Election Day nears

Democratic presidential nominee Joe Biden in Wilmington, Delaware, on Monday. Photo: Drew Angerer/Getty Images

Democratic presidential nominee Joe Biden had $177.3 million in the bank at the end of September, per the latest Federal Election Commission filings.

Why it matters: President Trump's re-election campaign reported having $63.1 million in the bank at the end of last month, as campaigning enters the final stretch ahead of Election Day on Nov. 3.

Court allows North Carolina mail-in ballots deadline extension

An absentee ballot election worker stuffs ballot applications at the Mecklenburg County Board of Elections office in Charlotte, North Carolina, in September. Photo: Logan Cyrus/AFP via Getty Images

North Carolina can accept absentee ballots that are postmarked Nov. 3, Election Day, until Nov. 12, a federal appeals court decided Tuesday in a 12-3 majority ruling.

Why it matters: The 4th Circuit Court of Appeals' ruling against state and national Republican leaders settles a lawsuit brought by a group representing retirees, and it could see scores of additional votes counted in the key battleground state.

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