Firms follow Apple to lobby for tax breaks amid Trump tariff heat
When President Donald Trump’s steep tariffs threatened to send the price of iPhones soaring, Apple CEO Tim Cook called the White House — and soon secured a reprieve for his company and the broader electronics industry.
Almost immediately, top aides to Trump insisted they had not strayed from their promise to apply import taxes across the economy with minimal, if any, exceptions. But the carve-out still caught the attention of many businesses nationwide, igniting a fresh scramble for similar help in the throes of a global trade war.