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Transcripts For DW Business - News 20240712

Just thought things couldnt get any worse u. S. Chinese relations take another walloping this time of the hong kong preferential trade treatment. Im going to lets do business a sweet deal for apple the american multinational does not have to pay back 13000000000 euros in taxes to while it was what the e. U. Had been trying to force the company into doing but the Irish Government took the case alongside apple to europe 2nd highest court its long denied that its tax arrangements with the take them out to a legal state 8 the European Commission is expected to appeal the ruling to the European Court of justice. Earlier this year and then irish Prime Minister Current Apple chief executive tim cook had an anniversary to celebrate 40 years since apple started manufacturing in our land over the decades the e. U. Country in the us i phone maker have both profited from the arrangement. Apple gets a massive tax break but it provides employment for Multinational Companies the favorable situation i

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