Trump wants to tax the iPhone in the same way as Chinese products



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US President Donald Trump announced in an interview with the Wall Street Journal want to raise the customs taxes of products imported from China, including the iPhone, from 10 to 25%.

For several months, the tension has risen between the United States and China. The American president Donald Trump believes that the Middle Kingdom is not sufficiently open to foreign companies and wants China to change his unfair practices And deals US companies in a fair and reciprocal way ". In retaliation, Pekin had indicated to consider new tariffs on $ 60 billion worth of US goods.

Customs duties recorded on $ 200 billion of imports

On November 26, Donald Trump has taken another step by declaring, in an interview with the Wall Street Journal, raise tariffs from 10 to 25% on 200 billion dollars (ie 176 billion euros) of products imported from China to the US, confirming its threats last September.

To get out of this impbade, Donald Trump does not leave the choice: " The only possible deal would be for China to open up its country to US competition ". This one goes even further by warning China that if an agreement is not found, it will activate an increase in taxes on the rest of the Chinese products imported to the US, for a total of 267 billion dollars.

As for the ability of consumers to absorb the resulting price hike, the US President stated that up to 10% […] people will support it very well ".

The giant Apple is worried

Apple (and the entire industry) fears that its computers and iPhone will be taxed more. The Cupertino company fears that the measure wanted by President Trump a significant negative impact growth and competitiveness, as well as those of other companies.

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