Apple’s chief operating officer Jeff Williams joined Fox Business for an interview this morning in which he expresses optimism about the US economy going forward. This comes after Tim Cook reportedly told Donald Trump that he expects a “v-shaped recovery” following the COVID-19 pandemic.

Speaking to Fox Business correspondent Susan Li this morning, Williams said that he is “encouraged” by Apple and the economy as a whole based on what he’s seen over the last several months. He pointed out that Apple even managed to launch three new products despite the pandemic:

Williams unsurprisingly declined to comment on the status of this year’s iPhone releases, but he reiterated that Apple’s supply chain is running “largely” at capacity. He also said to expect more retail stores to open in the coming weeks:

Finally, Williams also touched on the Exposure Notification API being developed by Apple and Google. He again emphasized the privacy-first design of the API, which is why Apple expects people to use it and trust it.

You can watch the full interview on the Fox Business website here.