Donald Trump told Apple CEO iPhones will be spared China tariffs: NYT

President DonaldTrumptoldAppleInc Chief Executive Tim Cook that the USgovernment would not levytariffsoniPhonesassembled inChina, the New York Times reported on Monday, citing a source familiar with the negotiations.

The newspaperreported that Cook travelled to the White House last month to warnTrumpof the potentially adverse effects ofTrump's trade policies onAppleinChinabut did not specify precisely whenTrumpmade the commitment to Cook.

Appleand the White House were not immediately available for comment.

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A list oftariffsproposed in April largely excluded consumer electronics.

But last week,Trump unveiled a revised list that included several categories of chips, raising fears thattariffscould impact the UStechnology sector.