Trump says Apple can avoid tariffs by shifting production to US

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Thursday marked the final day for the public to comment on Trump's proposal to impose a 25 percent on $200 billion in Chinese goods. "Exciting!" President Trump said, advising the tech giant over Twitter on Saturday as his motorcade drove from the White House to his Virginia golf club.

Cell phones, the biggest US import from China, have so far been spared, but would be hit if Trump activates the new $267 billion tariff list.

The tariffs that Trump has imposed, and threatened to impose, total $517 billion - more than the $505 billion in Chinese goods that entered the country previous year.

Cellphones, the biggest USA import from China, have so far been spared but would be engulfed if Trump activates the $267 billion tariff list.

On Apple's most recent earnings call in July, Chief Executive Officer Tim Cook said the company could face such tariffs "related to data centers".

White House Economic advisor Larry Kudlow told CNBC that talks between the USA and China were ongoing.

Both Apple and Intel are warning that President Trump's trade war with China will increase prices for consumer electronics, including the Apple Watch and AirPods.

Dell (DVMT), Cisco (CSCO), Juniper Networks (JNPR) and Hewlett Packard (HPE) said the tariffs would increase the costs of their networking equipment, damaging the companies' bottom lines and leading to possible USA job losses.

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Trump has been locked in a trade dispute with Beijing over China's policy of forcing U.S. companies to hand over trade secrets, as a price of doing business in China.

Companies such as Cisco and Hewlett-Packard say tariffs on Chinese networking equipment will ultimately make it more expensive for American consumers to access the Internet.

White House economic adviser Larry Kudlow said on Friday the Trump administration would evaluate the public comments before making any decisions on the new proposed tariffs.

"China seems unable or unwilling to announce major liberalizations that could be termed "confidence building measures" or "down payments" on expected near-term reforms", Craig Allen, president of the Washington-based U.S. "In the meantime, we're taking in billions of dollars of taxes coming in from China, with the potential of billions and billions of dollars more taxes coming in".

That would cover virtually all the goods imported from the world's second largest economy.

But businesses warn there are other ways China can strike back, through regulations and other administrative means, or even through sales of its large holdings of US Treasury debt.

"We are still talking with China on a number of issues. But right now, we just can't make that deal", he said.