★ Private Action
Tim Cook gifts Trump gold souvenir during Apple tariff lobbying
Filed August 2025
★ The Brief
What happened
Cook presented the souvenir, an American-made piece with a 24-karat gold base, during a visit to the Oval Office on August 6, 2025.
Who enabled it
Who benefits
Deal or steal?
Apple paired the gift with a $100 billion additional U.S. investment pledge, and within days Trump exempted Apple from a 100% chip tariff that the company had warned could cost it $900 million per quarter.
★ Cast your vote
During a visit to the Oval Office on August 6, 2025, Apple CEO Tim Cook presented President Donald Trump with a US-made souvenir featuring a 24-karat gold base. The gift was given on the same occasion as Apple's announcement of a $100bn additional US investment commitment. Apple is seeking to avoid Trump administration tariffs that the company has warned could cost it up to $900m in a single fiscal quarter.
Further reading
- ★ Private ActionAugust 2025Apple adds $100B to U.S. manufacturing pledge, total $600B
- ★ Government ActionAugust 2025Trump doubles India tariffs to 50% on day of Apple investment event
- ★ Government ActionAugust 2025Trump exempts Apple and other tech investors from 100% chip tariffs
- ★ Private ActionJuly 2025Rolex gifts Trump a desk clock during Swiss tariff lobbying
- ★ Government ActionJuly 2025Trump cuts Swiss tariffs 39% to 15% after Rolex lobbying
- ★ Private ActionJuly 2026FIFA reverses a US player's World Cup ban after Trump's call