Navarro Criticizes Apple's Reluctance to Move Production from China

In a recent interview with Fox News, Peter Navarro, United States President Donald Trump's Senior Counselor for Trade and Manufacturing, once again criticized Apple Inc. for its slow progress in relocating its production out of China. Navarro accused the tech giant of believing it's "too big to tariff," a stance that mirrors President Trump's warnings to industries hesitant to start production in the US.

Navarro's comments highlight the ongoing tensions between the US government and major corporations over trade policies and manufacturing locations. Following his remarks, Apple's shares experienced a brief dip in the premarket session before stabilizing.

Market Reactions and Negotiation Dynamics

Navarro also touched on how markets interpret trade letters as part of negotiation tactics, suggesting that such communications are seen as moves in a larger strategic game rather than definitive policy statements.