Jun 14, 2019

Apple's Tim Cook meets with Trump as tariffs loom

Apple CEO Tim Cook listens to President Trump at a 2017 White House meeting. Photo: Chip Somodevilla/Getty Images

Apple CEO Tim Cook met with President Trump at the White House on Thursday.

Driving the news: It's not clear what was discussed, but it's hard to believe trade relations with China wasn't on the agenda — given the president's threat to impose an estimated $300 billion in tariffs on Chinese-made goods, including the iPhone.

  • Why it matters: Apple makes nearly all its iPhones in China, though supplier Foxconn said this week it has enough manufacturing capacity to make U.S.-bound iPhones outside China if it needs to. China is also a key market for Apple in terms of sales.

Context: Cook was in D.C. to attend a meeting of the American Workforce Policy Advisory Board, Trump and his daughter Ivanka told reporters.

Go deeper: Trump's newest tariff threat could raise iPhone, Nike shoe prices

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Pelosi warns U.S. allies against working with China's Huawei

Nancy Pelosi on Feb. 16. Photo: Sven Hoppe/picture alliance via Getty Images

House Speaker Nancy Pelosi on Sunday cautioned U.S. allies against allowing Chinese telecommunications giant Huawei to develop their 5G networks, arguing at the Munich Security Conference that doing so is akin to “choosing autocracy over democracy," CNBC reports.

Why it matters: Pelosi's hawkish stance marks a rare area of agreement with the Trump administration, which believes Huawei is a national security threat because the Chinese government may be capable of accessing its equipment for espionage.

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Judge sets "scheduling" conference call ahead of Roger Stone sentencing

Photo: Win McNamee/Getty Images

U.S. District Judge Amy Berman Jackson has requested a Feb. 18 "scheduling" conference call in the Roger Stone case, two days before the former Trump associate is set to be sentenced.

Why it matters: Stone's defense team on Friday filed a sealed motion for a new trial — the second time they've done so — amid allegations of juror bias and a growing controversy over Attorney General Bill Barr's intervention in the case.

Biden says Bloomberg's money can't "erase" his record

Photo: Alex Wong/Getty Images.

Former Vice President Joe Biden said on NBC's "Meet the Press" Sunday that Michael Bloomberg's vast fortune cannot "erase" his record, and that scrutiny of Bloomberg's positions on things like race and policing will ramp up now that he's in the national spotlight.

Why it matters: Biden's polling free fall in the wake of poor performances in Iowa and New Hampshire has coincided with a surge for Bloomberg, who appeals to a similar moderate bloc of the Democratic Party. The billionaire's limitless spending capacity poses an especially stark threat to Biden, who has struggled with fundraising.