Apple CEO Tim Cook is reveling in the company's near miss with tariffs, saying Tuesday "it's not really great for the United States" to tariff Apple products in an interview on "Good Morning America" Tuesday.
President Donald Trump's latest list of proposed tariffs on $200 billion worth of Chinese goods spared some Apple products at the last minute. Apple had earlier said the proposed tariffs would affect the Apple Watch, AirPods and a host of other products.
"I don't want to speak for [the Trump administration], but I think they looked at this and said that it's not really great for the United States to put a tariff on those type of products," Cook told ABC's Good Morning America Tuesday morning.
Cook has been vocal about the ongoing trade disagreement, even speaking directly with Trump about the tariffs. He has maintained that the company's flagship handset, the iPhone, isn't likely to see tariffs.
"The iPhone is assembled in China, but the parts come from everywhere, including the United States. You know the glass comes from Kentucky; there are chips that come from the U.S. and of course the research and development is all done in the United States," Cook said.
Cook also said he thinks the ongoing trade disagreement will eventually work itself out.
"I'm optimistic because trade is one of those things where it's not a zero sum game. You know you and I can trade something and we can both win. And so I'm optimistic that the two countries will sort this out and life will go on," Cook said.
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