Apple Inc. (AAPL): Jim Cramer Peppers Trump Rep Peter Navarro With Hard Hitting Questions!

We recently published Jim Cramer Discusses These 12 Stocks & Says Trump’s Winning. Apple Inc. (NASDAQ:AAPL) is one of the stocks Jim Cramer recently discussed.

Apple Inc. (NASDAQ:AAPL) has continued to be a consistent appearance on Cramer’s morning show this year. He has discussed the firm primarily in the context of its share price woes that have been driven by US and China tensions and investor perceptions of a lack of progress on artificial intelligence. In this show, Cramer interviewed President Trump’s counselor, Peter Navarro, and asked him why Apple Inc. (NASDAQ:AAPL)’s commitments to move production to India and invest $500 billion in the US were insufficient. Navarro responded by pointing out that the Trump administration had repeatedly asked Apple Inc. (NASDAQ:AAPL) to move production to the US, and the firm’s CEO, Tim Cook, had been asking for more time for years. “It’s a long-running soap opera,” said Navarro, as he wondered why Cook couldn’t produce iPhones outside China and in the US despite technological advances. In turn, Cramer’s response to Navarro saw him point out that Apple Inc. (NASDAQ:AAPL) had shifted production to India:

“But I do want to know as the trade. . .we’ve got some things that disturb me. You have a great American company which has that arguably has put 2.9 million people to work in our country. It’s Apple. It seems like no matter where Apple goes, we find that they have to be taxed high. I know that they’re committing 550 billion to the country, and unless you directly contest Tim Cook’s honor, what is enough for you?

“But India was something you wanted at one point. You wanted India. You wanted Vietnam. Suddenly, you know these are not easy decisions. You wanted us to leave China. Apple is trying very hard there. They’re a huge manufacturer. How about something like this. Apple is a great company. They are a gem of our country. And what we’re going to do is we’re gonna respect that they moved to India when it comes to us. We sure wish they would do more but they are doing 550 billion away from that. What more do we need from this great American company?

“And I did think the government is taking a lot of cheap shots at Apple. I don’t like it. They moved to India, I thought that’s what the government wanted them to do.”

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Disclosure: None. This article is originally published at Insider Monkey.