Tim Cook and other U.S. executives attend China expo, meet officials as Trump tariff threat looms

Top planetary concern leaders are successful China this week for meetings with officials and a high-profile proviso concatenation expo arsenic commercialized threats from a 2nd Donald Trump presidency mount.

Among them is Apple CEO Tim Cook, who volition beryllium successful attendance for the 2nd yearly 'China International Supply Chain Expo,' which kicked disconnected Tuesday. The travel marks his 3rd sojourn to the state this year, and his archetypal clip attending the expo, underscoring the value of the marketplace to Apple's income and proviso chains. 

The meeting, focused connected strengthening economical and commercialized collaboration, reportedly included representatives from Rio Tinto, the world's second-largest miner; Chinese machine shaper Lenovo; and American multinational exertion institution Corning.

"We're precise committed to China, that's the crushed I person been present 3 times," Cook said successful a video interview with Chinese authorities media connected Monday, adding that helium expects the narration to "only get better." 

Ahead of the expo, the CEO met with Chinese Premier Li Qiang alongside different apical executives from planetary companies, the American Chamber of Commerce successful China said successful a societal media post. CNBC has reached retired to Apple representatives for comment.

Organized by the China International Exhibition Center Group, the 2nd CISCE volition absorption connected cardinal proviso chains, specified arsenic precocious manufacturing, greenish and integer exertion arsenic good arsenic proviso concatenation services. 

The expo comes 2 months up of the inauguration of President-elect Donald Trump, who pledged during the run way to summation tariffs connected goods from China by betwixt 60% and 100%. 

Trump said Tuesday Asia clip that helium would rise tariffs by an further 10% connected each Chinese goods coming into the U.S., according to a station on his societal media level Truth Social.

Such tariffs pose precocious risks to planetary companies specified arsenic Apple, which trust connected China arsenic a large manufacturing basal for its user products. In caller years, Apple has been shifting much of its planetary proviso concatenation distant from China to countries similar India arsenic portion of diversification efforts.

Heightened commercialized tensions with the U.S. could complicate Beijing's efforts to attract much overseas nonstop investment and resistance connected its GDP growth amid the economy's sluggish economical recovery.

On Monday, astatine the symposium attended by apical executives, China's premier issued a statement against decoupling and successful enactment of upholding and strengthening planetary concern and proviso chains.