Trump Wants Apple to Stop Building iPhone Plants in India | The Opening Trade 05/15

President Donald Trump said he’s asked Apple Inc.’s Tim Cook to stop building plants in India to make devices for the US, pushing the iPhone maker to add domestic production as it pivots away from China. I had a little problem with Tim Cook yesterday,” Trump said of his conversation with the Apple chief executive officer in Qatar, where he’s on a state visit. “He is building all over India. I don’t want you building in India.” As a result of their discussion, Trump said Apple will be “upping their production in the United States.”

Trump said the US might be getting closer to an agreement with Iran to curb the Islamic Republic’s nuclear program. “I think we’re getting close to maybe doing a deal,” Trump said in Qatar at an event with business leaders on Thursday. “You probably read the story that Iran has sort of agreed to the terms.” The US and Iran have held four rounds of talks about the Islamic Republic’s atomic activities, mediated by Oman. Oil fell on Thursday, partly on Trump and Ali Shamkhani, an adviser to Iran’s Supreme Leader Ali Khamenei, Shamkhani’s comments.

The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta.

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