00:00It means that Apple negotiated badly.
00:03Right now, if you push the president too much in a negotiation, this is how he reacts.
00:09And he goes public and he shames you.
00:13And that is not productive.
00:14Apple needs to go back and tell the president what he wants to hear, which is in a certain
00:21time frame, they can move production of iPhones to the United States.
00:25It really just is a matter of what is that time frame?
00:29Is it three years?
00:30Is it five years?
00:31Is it 10 years?
00:32And what are the milestones that they can show along the way?
00:36Saying no, we're not going to do it is not an option right now.
00:39It's not an option for other countries and it's not an option for American companies.
00:43They need to negotiate and they need to negotiate in good faith so it doesn't come to this.
00:50Well, it just adds to complications for Apple because, of course, Apple has already flagged
00:56that it was going to try and move a chunk more production to India because of the threat
01:02of tariffs hanging over China.
01:04And so by trying to diversify its production base, it was hoping that it could escape more
01:10onerous tariffs.
01:11But this certainly doesn't give now Apple an exit card and it overcomplicates the matter.
01:20That's why you've seen Apple shares fall back even further.
01:23They're down by just under 20 percent so far this year, underlining the production headache
01:30really for Apple going forward.
01:32The president of the United States can do a lot of things and it's unclear whether he
01:38would be only targeting Apple.
01:41If he did get to a point where he's only tariffing Apple's phones, then obviously they would have
01:48the right to complain about maybe not putting a tariff on phones that come from Korea.
01:54And then he could do that.
01:56We don't know.
01:57The intention here isn't to target one company.
02:01The intention is to bring production of phones to the United States.
02:04And it doesn't matter if it's iPhones or Androids.
02:07So we don't know what negotiation is with Samsung.
02:13That could be happening in the background.
02:15And it's possible the president is trying to make these gains with Apple before he approaches
02:19Samsung or before his administration requires other handset makers to move the production
02:27to the United States.
02:28It is part of Trump's modus operandi to single out whether it's countries or in some cases
02:36companies for specific treatment, but then potentially roll back.
02:42He wants all to play along to his tune and his way of thinking.
02:48And this is a way of trying to extricate more pledges, I think, from Apple going forward to
02:54move more production back to the United States.
03:24The deal is absolutely systemic.
03:26The deal also happens when it's not, isn't ...
03:30When the world's going back, there's not much recognise which Customers will include the
03:32women's business as if they're helping them.
03:34Most animals don't implement the same boat as if they're affecting the people's
03:36their veterans, but they're helping them to actually on their salary.
03:38Before they agree with me, we won't do that, but for the month, we've none of us
03:40already rushed an audience for the month.
03:40The uncle was over the month from now thank you again to the country.
03:43The uncle's opening in the front row has been booked in the interim trip while
03:47and surveys country of health after the country.
03:50Then you've been in front row in the explodeasta.
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