Trump Hears Apple CEO Cook's Worries About a Samsung Tariff Edge

Trump Hears Apple CEO Cook's Worries About a Samsung Tariff Edge

Assessment

Interactive Video

Business

University

Hard

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Tim Cook has presented a compelling argument to the president, highlighting a 10% competitive disadvantage Apple faces against Samsung due to supply line differences. This argument is significant as US industry has struggled to gain the president's attention. The impact of tariffs on Apple's products, set to begin on September 1st and December 15th, adds urgency to the situation.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is Tim Cook's argument considered significant?

It has persuaded the president, unlike previous attempts by the US industry.

It has led to a decrease in tariffs for Apple products.

It has resulted in a merger between Apple and Samsung.

It has improved Apple's market share significantly.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main point of Tim Cook's argument regarding competition?

Apple and Samsung have similar supply chain strategies.

Samsung is unable to compete with Apple's innovation.

Apple faces a 10% cost disadvantage compared to Samsung.

Apple's supply chain is more efficient than Samsung's.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Samsung's supply chain differ from Apple's?

Samsung's supply chain is more expensive to maintain.

Samsung's supply chain is entirely based in the US.

Samsung's supply chain is more diversified.

Samsung's supply chain is less diversified.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential impact of Tim Cook's argument on President Trump's decisions?

It will cause an increase in tariffs for Samsung.

It may lead to a reduction in tariffs for Apple.

It will have no impact on the president's decisions.

It will result in a new trade agreement with Samsung.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When are the new tariffs on Apple products expected to take effect?

July 1st and August 15th.

October 1st and November 15th.

September 1st and December 15th.

August 1st and September 15th.