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Trump to Apple: Make the iPhone in the U.S., not China

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President Donald Trump made his first comments on Apple’s big stock drop this Friday — and they were largely dismissive.At the news conference, Trump also voiced his displeasure with Apple for making products in China, although he falsely asserted Apple CEO Tim Cook would soon change that.

At the White House news conference, Trump was asked whether he was concerned about Apple’s plunge in the stock market earlier this week.

“No, I’m not,” he replied. “I mean, look, they’ve gone up a lot. You know, they’ve gone up hundreds of percent since [I’ve become] president. Apple was at a number that was incredible, and they’re going to be fine.”

But not everyone is so certain. In a letter to investors on Wednesday, Tim Cook warned that the company’s final 2018 quarterly projection would come up $9 billion dollars short.

Cook blamed a number of issues, including lackluster iPhone sales, but also pointed to Trump’s trade war with China. The stock market opened the following day with Apple down $57 billion in market value.

Trump had more to say beyond promising that the company would be fine in the long run.

“Apple is a great company,” Trump said during his news conference. “Look, I have to worry about our country. Don’t forget, Apple makes the product in China.”

“I told Tim Cook, who’s a friend of mine who I like a lot, make your product in the United States,” Trump added. “Build those big beautiful plants that go on for miles. Build those plants in the United States. I’d like that even better. Apple makes its product in China. China is the biggest beneficiary of Apple … because they build their product mostly in China.”

Trump, who is notably an iPhone user, does appear to be a fan of Apple. While it’s unclear whether Cook also considers him a friend, Trump has made it clear that he likes the Apple CEO.

Apple publicly warned last year that Trump’s tariffs on China would increase the price of its products. The Trump administration responded by exempting Apple products from the tariffs. Still, the threat of retaliation from China against Apple due to Trump’s trade war lingers in the air.

Trump, however, wasn’t finished with his Apple comments.

“But now, [Cook is] investing $350 billion — because of what we did with taxes and the incentives that we created — in the United States, “Trump said. “He’s going to build a campus and lots of other places.”

“My focus is the United States,” he added. “I want to get those companies to come back like so many are doing into the United States. I want Apple to make their iPhones and all of the great things that they make in the United States and that will take place.”

The President’s assertion — that Apple is investing $350 billion into the United States and will soon build its iPhones in the country — is false.

Last January, Apple announced a $350 billion contribution to the U.S. economy over five years. However, as Politifact reported last year when Trump first touted this news, this isn’t all investment in the country. Politifact found that most of the $350 billion was going to Apple’s suppliers and tax repatriation. Less than 10 percent of that $350 billion was likely going to end up invested in the country, according to Politifact.

The Apple campus Trump is referring to is indeed real. The company is investing $1 billion into its new expansion into Austin. But, Apple products will not be manufactured there.

Trump has long said that he wants Apple to manufactures its products in the U.S. The President has met with Cook to push for this very thing. In 2017, Trump even claimed that Tim Cook promised him that Apple would open three “big, big, big” plants in the states. The closest the U.S. has seen to that is Apple’s contracted manufacturing firm Foxconn opening a plant in Wisconsin to manufacture LCD screens.

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JUST IN: Edo state Assembly impeaches Deputy Governor Shaibu

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The Edo State House of Assembly, on Monday, impeached the state’s Deputy governor, Comrade Philip Shaibu.

The impeachment followed the adoption of the report of the seven-man investigative panel set up by the Assembly to probe allegations of misconduct against Shaibu.

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JUST IN: Olubadan of Ibadanland, Oba Lekan Balogun joins ancestors at 81

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The Olubadan of Ibadanland, Oba Lekan Balogun has joined his ancestors after a brief illness.

He joined his ancestors at the age of 81.

It was gathered that the late monarch was taken to the hospital Wednesday morning having stayed indoor throughout Tuesday on account of slight malaria fever, though, he was hail and hearty on Monday during which he personally received few guests that paid him congratulatory visits on his second year anniversary on that day.

Making this announcement was the Baba-Kekere Olubadan and his younger brother, Dr Kola Balogun in a statement by the Personal Assistant (Media) to the late monarch, Oladele Ogunsola.

According to the statement, Dr. Balogun disclosed that Oba Balogun would be buried at his Aliiwo ancestral home by 4.00pm on Friday according to Islamic rites just as he said that the State Governor Seyi Makinde, though already verbally informed, would be formally notified early in the morning.

The late Olubadan was the first most educated to have emerged as Ibadan monarch, a British trained P.hd holder, a former university lecturer, former member of management staff of Shell British Petroleum, former gubernatorial candidate of the defunct Nigeria People’s Party, NPP, former Senator and a successful business man.

His last official outing was the Olubadan Advisory Council’s meeting which he presided over last Saturday where the decision to derobed Mogaji Akinsola, Olawale Oladoja was taken.

He however, on Tuesday instructed the Ekerin Olubadan, Oba Hamidu Ajibade to midwife a small committee to deliberate on last Friday’s decision on what should be the position of Ibadan Zone in the proposed newly reconstituted Oyo State Council of Obas and Chiefs.

The decision of the small committee was earlier on Thursday ratified by the Olubadan Advisory Council at a meeting presided over by Otun Olubadan and the former governor of Oyo State, High Chief Rashidi Ladoja and was to be taken to the late Oba Balogun for his signature Friday morning so as to meet the deadline for submission to the state Commissioner for Local Government and Chieftaincy Matters later in the day.

The late Olubadan is survived by wives, children and grandchildren.

Announcing the passage of the monarch, Governor Makinde, in a statement, stated that Olubadan, who joined his ancestors late Thursday evening at the University College Hospital, UCH, Ibadan, described him as an epitome of royal excellence and a great achiever, who made great marks on Ibadanland in just a little over two years of his reign.

He expressed his condolences to the Olubadan-in-Council, the Oyo State Traditional Council and the people of Ibadanland and Oyo State, praying to God to grant repose to the soul of the deceased monarch.

Makinde said: “With total submission to the will of God, I announce the passing unto glory of our father, His Imperial Majesty, Oba Dr. Mohood Lekan Balogun, Alli Okunmade II, the 42nd Olubadan of Ibadanland.

“A mighty Iroko has fallen; Oba Dr. Balogun has joined the ancestors.

“In Kabiyesi, Ibadanland had a cosmopolitan and well-experienced Olubadan, who made indelible marks on the sands of history and achieved greatly within a short while.

“On behalf of the Government and good People of Oyo State, I condole with the immediate family of the Oba Dr. Balogun, the Olubadan-in-Council, the Oyo State Traditional Council and the people of Ibadanland.

“It is my prayer that God grants repose to the soul of our late monarch.”

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JUST IN: Labour Party National Chairman, Abure arrested for attempted murder in Edo (Video)

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Operatives of the Edo State Police Command have arrested the National Chairman of the Labour Party (LP), Julius Abure.

Abure was arrested on Wednesday in Benin City, the Edo State capital, on allegations of premeditated attempted murder, amongst other alleged infractions.

The Labour Party chairman’s arrest followed a petition by the LP Youth Leader, Comrade Eragbe Anselm Aphimia.

The petition, addressed to the Commissioner of Police, Edo State Command, dated February 13, partly reads, “I, Comrade Eragbe Anselm, write to you with utmost urgency and grave concern regarding a heinous act of violence perpetrated against me on the 29th of December 2023.

“I am a member and National Youth Leader of the Labour Party (LP) in Nigeria, and the events I am about to recount are of utmost importance for justice and the safety of individuals involved in political activities.

“On December 28, 2023, I flew into Benin City Airport around 2 p.m. as part of an official 5-member delegation authorised by the Acting National Chairman of the Labour Party, Alhaji Lamidi Basiru Apapa.

“Our mission was to organise Ward, LGA, and State Congresses in Edo State, as well as supervise the sale of nomination forms for various posts, as mandated by INEC guidelines, within the stipulated time frames.

“On arrival at the Benin Airport, I was received by one Mrs Mary Okheime Newberry, who falsely claimed to be providing transportation and accommodation on behalf of unnamed “stakeholders.”

“She proceeded to lodge us at the Smart Homes Hotel, unknown to us that she was plotting a sinister and gruesome ambush. The next morning, a man named Austin Emeka came to pick me and my colleague, Mr Patrick Anethua, up from the hotel lobby, pretending to take us to a meeting venue.

“Instead, we were violently attacked just outside the hotel gates by a waiting mob.”

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Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.

She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others

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