Trump Presses Apple to Shift Production to U.S.

Trump Presses Apple to Shift Production to U.S.

US President Trump tweeted on Saturday (Sept 8) that Apple should make products inside the United States if it wants to avoid tariffs on Chinese imports.

Trump has already imposed 25% tariffs on $50 billion worth of Chinese goods, mostly industrial machinery and intermediate electronics parts, including semiconductors.

In its letter this week to the Office of the U.S. Trade Representative, Apple said that "because all tariffs ultimately show up as a tax on USA consumers, they will increase the cost of Apple products that our customers have come to rely on in their daily lives".

While Apple did not offer an estimate of how much Trump's China tariffs would increase costs of production, the company argued that the tariffs will only hurt American consumers and companies, without curbing China's technology policies.

Trump acknowledged in a tweet that "Apple prices may increase because of the massive Tariffs we may be imposing on China", but suggested the issue was not with the tariffs themselves.

In addition, the chip industry is a source of trade surplus for the United States, including with China, Intel argued. Consequently, consumers in the United States will have to pay more for Apple products.

'Smokey and the Bandit' star Burt Reynolds dead at 82
Reynolds eventually made his debut in 1961's Angel Baby, a pulp thriller about religious zealotry in the American south. The macho star also appeared in Deliverance , which was nominated for three Academy Awards.

Trump said Friday that the timing of the tariffs on the $200bn worth of goods is not yet final. "Start building new plants now".

"It is hard to see how tariffs that hurt US companies and USA consumers will advance the Government's objectives with respect to China's technology policies".

Trump's threatened tariffs, now totalling $517 billion in Chinese goods, would exceed the $505 billion in goods imported from China previous year. But Beijing will struggle to keep responding in kind as it imports less than Dollars 200 billion in U.S. goods per year. "That changes the equation".

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.

For January-August, China's trade surplus with the United States was $192.64 billion, compared with about $167.94 billion in the same period a year ago. The tariffs would pressure China to stop that behaviour, the administration has said.

Related news:

Hot News

isis-killer-beheading-video-story-top Musk Smokes Pot, Waxes Poetic as More Execs Leave
Sep 08, 2018 - 00:47
Towards the end of the broadcast, Rogan lit up a large marijuana-and-tobacco-filled cigarette and offered it to Musk. Marijuana is legal for medical and recreational use in California, where the interview took place.

isis-killer-beheading-video-story-top Trump calls on Sessions to investigate who wrote 'resistance' op-ed
Sep 08, 2018 - 00:44
Trump described the writer of the opinion piece as someone "probably who is failing and probably here for all the wrong reasons". Kentucky Senator Rand Paul has urged Mr Trump to conduct lie detector tests to find out who wrote the piece.

isis-killer-beheading-video-story-top 'Mob rule' rocks US Senate hearing for judge
Sep 06, 2018 - 01:37
Trump picked Kavanaugh , 53, to replace Justice Anthony Kennedy, who announced his retirement in June. And on the most contentious cases, the court tends to split into two sides, conservative and liberal.

isis-killer-beheading-video-story-top 6 things to know about rising-star Democrat Ayanna Pressley
Sep 06, 2018 - 01:33
Ayanna Pressley , now serving on the Boston City Council, beat the 10-term Democrat in another big Democratic upset. Ayanna Pressley told cheering supporters she's thrilled and humbled by her victory over longtime U.S.

isis-killer-beheading-video-story-top Samsung plans to launch a foldable smartphone this year
Sep 05, 2018 - 02:15
However, he suggested that more details would be revealed at the Samsung Developer Conference scheduled for November 7 and 8. The exec added that the development process is "complicated", but that the company has "nearly concluded" it.

isis-killer-beheading-video-story-top Graeme Souness: Tottenham need leaders to respond to Watford loss
Sep 04, 2018 - 00:35
The Blues will be hoping to hit the ground running after the global break with fixtures against Cardiff, West Ham and Liverpool on the horizon.

isis-killer-beheading-video-story-top Texas woman takes off with baby after crashing vehicle in chase
Sep 04, 2018 - 00:22
The driver of that vehicle left the auto , taking a child from the backseat, before the police arrived. Police say they attempted to stop her because she had outstanding warrants.

isis-killer-beheading-video-story-top Russia Probe: Manafort Associate Sam Patten Charged With Illegal Lobbying
Sep 03, 2018 - 01:53
Also in attendance was Scott Claffee, a trial lawyer in the Justice Department's National Security Division. The special counsel office believes Kilimnik has strong ties with Russian intelligence officials.

isis-killer-beheading-video-story-top Donnelly, Braun Link To Trump Ahead Of President's Evansville Visit
Sep 03, 2018 - 01:48
John McCain by lining the route from the Capitol to the North Phoenix Baptist Church. Not long after the quotes appeared in the Star, Trump began pointing fingers.

isis-killer-beheading-video-story-top ‘Gold standard’ net neutrality bill takes huge step forward in California
Sep 02, 2018 - 01:21
Going into the legislative session this week, it was unclear whether the measure would get 41 votes, the minimum required to pass. The Assembly's vote followed months of intense lobbying from internet companies, which warned that it would lead to higher costs.

isis-killer-beheading-video-story-top Hurricane's death toll in Puerto Rico put at almost 3000
Sep 02, 2018 - 01:18
The count in Puerto Rico could change as the government continues to investigate deaths from the storm, Puerto Rico Gov. On Aug. 28, he raised the official death toll to 2,975 from 64.

isis-killer-beheading-video-story-top Veteran UK Labour lawmaker brands party leadership a 'force for antisemitism'
Sep 01, 2018 - 01:57
But, he added: "My wish to see a more inclusive debate in the Labour party could not have been more wide of the mark". A number of Mr Field's Labour colleagues have praised him and expressed their own concerns about their party.

isis-killer-beheading-video-story-top Aretha Franklin funeral: Ariana Grande performs Natural Woman tribute
Sep 01, 2018 - 01:19
He said they "talked all the time", the last just a couple weeks before she became too ill to speak. Among the high profile guests were Whoopi Goldberg, Bill and Hillary Clinton , Ariana Grande , T.D.

isis-killer-beheading-video-story-top Google denies Trump's claim that it's meddling with search results
Aug 31, 2018 - 00:46
Media analyst Ken Doctor said it doesn't make sense for mass-market businesses like Google to lean either way politically. Jones is being sued for saying the 2012 shooting massacre at Sandy Hook Elementary School was staged.

isis-killer-beheading-video-story-top Apple expected to unveil new iPhones on September 12
Aug 31, 2018 - 00:42
That larger display also seems to allow for a new Watch face with a more information-dense, round configuration. That would line up with the gold option for the iPhone XS and the gold color scheme of Apple's press invites .