Tim Cook says he isn’t worried about traveling to China after the Huawei CFO’s arrest

FAN Editor

Apple CEO Tim Cook said he isn’t worried about traveling to China in the wake of the Huawei CFO’s recent arrest on U.S. warrants, dismissing concerns of potential Chinese retaliation.

“I was just there in October. I’m going back later this quarter. And so it’s not something I’m even thinking about is the truth,” Cook told CNBC’s Josh Lipton in an interview Wednesday.

Huawei CFO Meng Wanzhou was arrested in Canada last month at the instruction of U.S. officials. The arrest heightened concerns around ongoing trade tensions and spurred speculation that China could target U.S. executives in return.

“I don’t know the circumstances of that, and I don’t need to know and shouldn’t know. But what I can tell you is I feel welcomed when I go there,” Cook said.

Cook has spoken out against trade tensions for months, even discussing the matter with President Donald Trump. Apple’s supply chain has deep roots in the country. The company slashed revenue guidance Wednesday and cited economic slowdown in China as a primary reason for lower-than-expected projections.

“I do believe that it’s in the best interest of both countries to have a very strong trade relationship. This thing is a big agreement between the countries, and it’s very complex and it clearly needs updating, there’s no doubt about all of that,” Cook said. “Business can play a very key role in bringing countries together.”

WATCH: Trade tensions put pressure on Chinese economy: Cook

Free America Network Articles

Leave a Reply

Next Post

Ex-Bernie Sanders aide who allegedly joked about harassment will be chief of staff to new House member

A former campaign aide to Bernie Sanders‘ 2016 presidential bid who allegedly made light of a sexual harassment complaint from a female staffer is set to begin a new job Thursday as chief of staff to incoming Democratic Rep. Jesus “Chuy” Garcia, D-Ill. Bill Velazquez was a manager on Sanders’ […]