Apple May Be Able to Avoid China Tariffs, and It Has Tim Cook to Thank
Apple (NASDAQ: AAPL) stock is (so far) finishing 2019 on a high note, and it doesn't necessarily have a new iPhone or streaming service launch to thank for the rise.
It does have a chief executive who has been able to steer the tech company through a protracted U.S. trade war with China relatively unscathed. The main reason: CEO Tim Cook's working relationship with the White House.
At a time when executives like Amazon's (NASDAQ: AMZN) Jeff Bezos are criticizing President Trump, Cook has taken a different approach. He has befriended the president, reaching out when Apple needs help. Cook also sits on Trump's Workforce Policy Advisory Board and in late November gave the president a tour of an Apple manufacturing plant in Texas.
Source Fool.com
