Sunday, October 06, 2019

How Tim Cook of Apple manages to support and challenge Trump's policies

Tripp Mickle writes in the Wall Street Journal about how Apple CEO has won Donald Trump's ear. Trump likes him because he calls Trump directly, rather than hiring some slimy lobbyists. Mickle writes,
Mr. Cook is one of the few executives in a hyperpolarized political era who has managed to both support and challenge the president’s agenda in a way that has kept him in Mr. Trump’s good graces while avoiding any public backlash from either employees or customers.

...Mr. Cook’s personal diplomacy stands out among tech giants. Others have sharply increased their outlays on lobbying in recent years but haven’t forged close ties to the administration. Apple’s $18 million in lobbying since 2017 is half of what either Amazon.com Inc. or Google’s Alphabet Inc. have spent, according to the Center for Responsive Politics.

...Nearly 97% of Apple employee donations to candidates in the 2018 midterm elections went to Democrats, according to the Center for Responsive Politics, citing public disclosures. Yet employees haven’t publicly criticized Mr. Cook for engaging with the president. Mr. Cook has challenged the president on some social issues. His personal lobbying benefited the company on the tariff issue, and tax changes that led to employee bonuses.



Mr. Cook fostered close ties with Mr. Kushner and his wife, Ivanka Trump, giving him a backchannel to the White House. He also meets regularly with administration officials such as economic adviser Larry Kudlow. Despite his personal preference for privacy, he has attended publicly promoted dinners and meetings with Mr. Trump, said people close to Apple and the administration.

...When Mr. Trump began working toward a planned tax cut in 2017, Mr. Cook told the president that Apple would invest more in the U.S. if it could bring its $250 billion in overseas cash back to the U.S. at a lower tax rate, one of the former administration officials said. Mr. Trump later cited Mr. Cook and Apple as he promoted a tax overhaul, this person added.
Read more https://www.wsj.com/articles/how-tim-cook-won-donald-trumps-ear-11570248040?mod=trending_now_4

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