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Trump says he waived tariffs for Apple to level the field with Samsung Updated: 2020-01-23 16:25:40 KST

U.S. President Donald Trump said he granted waivers to Apple to help it compete against South Korea's Samsung Electronics.
In an interview with CNBC on the sidelines of the Davos forum Wednesday, President Trump said the waivers he gave Apple made a huge difference in the trade war with China.

The Trump administration's tariffs on Chinese-made goods of 15 percent or higher would have been applied to Apple's core products sold in the U.S. because most of them are manufactured in China.
Apple had been asking Trump to waive tariffs on iPhones, Apple watches and other consumer products.
And it succeeded in avoiding them, when Trump, last month, suspended them after some progress was made in the trade talks.

President Trump said it's unfair that Samsung is not subject to tariffs because of the South Korea free trade deal.
He made similar remarks last November on a visit to Apple's laptop factory in Texas.

Samsung is the world's largest smartphone manufacturer, with over 21 percent global market share in the third quarter of 2019.
According to an annual report Thursday from consultants at Brand Finance, Samsung is the fifth most valuable brand in the world.
It's estimated to be worth more than 94 billion U.S. dollars.
Amazon topped the list, followed by Google, Apple and Microsoft, making Samsung the highest ranking company not based in the U.S.

Park Hee-jun, Arirang News.
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