[ad_1]
US President Donald Trump said in an interview that he wanted to impose import duties on more electronic products from China. Until now, companies like Apple did not have to pay any import duties, but that could change.
Trump wants to increase pressure on China and encourage Apple to move its production to the United States, he said in an interview. with the Wall Street Journal. The levy on importation would be 10%. Americans should eventually pay 10% more for smartphones and laptops. Trump had previously imported import duties on many Chinese products, but smartphones and laptops were not included.
This tax on imports would affect smartphones and laptops because many manufacturers made them in China and then shipped to the United States. The Wall Street Journal article names only iPhones. Trump says Americans can easily bear the levy on imports. Manufacturers may pass on the levy on importation. The president notes that manufacturers can relocate their production to the United States so as not to pay taxes.
This is not the first time that import duties are applied to electronic products. In the last round of September, among other things, PCBs and TVs became more expensive. Trump then decided to remove charges on smartphones and laptops because of the possible reaction of consumers. Consumers in the Benelux probably do not have to face higher prices because the goods come directly from China.
Trump announces this announcement a week before meeting with Chinese President Xi Jinping. With him, he will negotiate trade between the two countries. The US president wants Jinping China to open its doors further to trade in his country.
Source link