Quote:
During Trump’s first term, Cook carefully cultivated a direct relationship with the president in order to lobby him on issues like trade and immigration. I have a hard time imagining Cook isn’t using that direct line now. Nvidia chief executive Jensen Huang, who did not attend the inauguration ceremony, reportedly went to a $1-million-a-head dinner at Mar-a-Lago last week. Shortly afterward, the White House walked back plans to implement export controls on some chips that Nvidia sells to China.
Private back channels allow each tech leader to lobby for specific tariff exemptions. The kind of exemptions that would benefit Nvidia, such as more lenient policies on semiconductor imports for GPUs, differ from what Apple might be angling for, considering the company’s supply chain complexity and its reliance on China. “Broadly opposing tariffs is not useful if business leaders can get exemptions on their own products,” Christoff points out.
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https://www.wired.com/story/plaintex...trump-tariffs/
Success! See, all you need to survive a Trump term is the ability to toss millions at him to make billions. We should all just do that.