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The trade war between the United States and China is in full swing. Although President Donald Trump has promised that Apple products will not be subject to tariffs, he suggested the opposite before his summit with Chinese leader Xi Jinping, scheduled for later this week.
According to the Wall Street Journal, if the negotiations do not result in a favorable outcome for the United States, additional goods for $ 200 billion, will be subject to customs duties of up to 25 %, including consumer electronics products from Apple and other products made in China.
While the Trump administration is worried about consumer reaction, Donald Trump suggested that a 10% price increase will not change much and that "people could endure this. very easily". In the end, the US president advised companies wishing to avoid tariffs to "build factories in the United States".
Upcoming negotiations will be considered fruitful if China accepts "the only deal" that "opens up to US competition". . If Apple hit with 10% tariffs, this could result in one of two things: Cupertino would transfer some of its manufacturing activities to markets such as Taiwan and Vietnam, or the more variant likely to increase phone prices accordingly.
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