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Apple’s Tim Cook urges calm amid US, China trade war fears

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7 years ago

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Beijing, March 24 (IANS) Apple CEO Tim Cook on Saturday urged China and the US to stay calm amid fears of a possible trade war between the world’s top two economies over import tariffs.

Tension between the two countries mounted after US President Donald Trump announced tariffs on up to $60 billion worth of Chinese goods annually to counter Beijing’s allegedly unfair trade practices in the technology sector.

“I’m aware that in both the cases of US and China, there have been cases where everyone hasn’t benefited, where the benefit hasn’t been balanced,” Cook said on the sidelines of the China Development Forum, which is being held from March 24 to 26 in Beijing.

“My belief is that one plus one equals three,” he was cited as saying by Xinhua news agency, adding that “the pie gets larger if working together”.

The US government had previously announced tariffs of 10 and 25 per cent on steel and aluminium imports respectively.

In response to these tariffs, China had announced it was considering tariffs of up to $3 billion on imports of some US goods to compensate for losses caused by the US government’s heavy tariffs on steel and aluminium products from China.

China had also threatened to file a complaint with the World Trade Organization, citing the new US tariff package as possible interference in international trade practices.

Cook called countries to embrace openness, trade and diversity, hoping that “calm heads will prevail” in trade relations between China and the US.

More attention should be paid to inequality and the reasons behind it, which over time will “lift everyone up”, he said.

The back-to-back announcements of tariffs in Washington and Beijing had a negative impact on stock markets worldwide, many of which closed in the red on Friday, including Dow Jones at Wall Street, that fell 1.77 per cent.

–IANS
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Apple is giving a huge discount on its gadgets: Details inside

Published

3 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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