Economics
Apple’s China Trouble Makes Trump’s Trade War Harder to Defend
- Cook says Apple didn’t expect weakness in China, EM demand
- U.S. officials are going to Beijing next week for trade talks
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President Donald Trump’s administration argues that the long-term gain from a trade war with China justifies short-term pain for consumers and investors. That case may be harder to defend now that the collateral damage includes one of America’s most recognizable brands.