Apple sales should pick up when U.S.-China strike trade deal: Trump adviser

WASHINGTON (Reuters) – A sharp drop in Chinese economic growth will hit the profits of U.S. firms but sales by Apple (NASDAQ:) and other American companies should recover once Washington strikes a trade deal with Beijing, a senior White House adviser said on Thursday.

“If we have a successful negotiation with China, then Apple’s sales and everybody else’s sales will recover,” White House economic adviser Kevin Hassett said in an interview with CNN.

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