RUSH EXCERPT:
CARNEY: "I think it really was exactly what President Trump said. He feels like he has a good relationship with Tim Cook. He felt betrayed when it turned out apple had no plans to build in the United States, no plans to make iphones in the United States. If they got out of China, maybe they’d go to India. They have not seriously considered can we build this in the U.S. So Trump is saying, look, we — it’s not like India or China has some natural ability to do better at making iphones. We can make those here. And we should be making them here. So if you’re not going to do it, that’s fine. You’ll just have to pay a higher tariff."