Peter Navarro Slams Apple CEO Tim Cook Over Slow Production Shift Out Of China Despite Buying Time Since Trump's First Term: 'Longest-Running Soap Opera In Silicon Valley'

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Peter Navarro, the White House trade advisor, has expressed his dissatisfaction with Apple Inc. (NASDAQ:AAPL) CEO, Tim Cook, for not relocating the company’s manufacturing facilities out of China.

What Happened: Navarro, in an interview with CNBC’s “Squawk on the Street” on Monday, expressed his disappointment with Cook’s reluctance to move Apple’s production out of China. He told host Jim Cramer, “Going back to the first Trump term, Tim Cook has continually asked for more time in order to move his factories out of China.” He also referred to this as the “longest-running soap opera in Silicon Valley.”