2. Apple sought tariff waivers to keep building Mac Pro in U.S.
When it was first reported that Apple was seeking tariff relief for the Mac Pro, many observers mistakenly interpreted that as a sign that Apple wanted to move final assembly from the U.S. to China.
President Trump assumed as much, tweeting out that Apple wouldn't be getting tariff exemptions and if it wanted to avoid tariffs it should make the Mac Pro here.
What's happening: Well, as it turns out, Apple's request was made to do just that, as CEO Tim Cook tried to clarify on Tuesday's earnings conference call.
"We’ve been making the Mac Pro in the U.S. We want to continue to do that." — Tim Cook
Between the lines: Apple says it basically wants to continue keeping 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 setup Apple has with the previous Mac Pro, which is the company's only major hardware product assembled domestically.
- "We’re explaining that and hope for a positive outcome," Cook said.
- A White House representative did not immediately respond to a request for comment.
Background: Apple announced the new Mac Pro, two years in the making, at its developer conference in June. It has yet to reveal pricing for the desktop computer, which will go on sale later this year.
The bottom line: If Apple faces component tariffs even if it makes the Mac Pro here, U.S. assembly could become economically unfeasible and prompt the company to actually shift production to China.
Watch: Axios' First Look at Apple's new Mac Pro