Apple CEO defends globalization in rare speech, calls for more U.S.-China trade

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Apple Inc. CEO Tim Cook defended globalization in a rare public speech, held at a forum in Beijing over the weekend. The speech comes as Apple faces mounting pressure from the Trump administration to produce more of its products in the U.S. “The reality is countries that are closed, that isolate themselves, it's not good for their people,” Cook said, according to Reuters. Cook’s comments on Saturday came as Apple (NASDAQ: AAPL) announced plans to invest $508 million in two new research and...

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