Trump calls on Apple to move production from China to US

Charlene Craig
September 11, 2018

In the letter, Apple asks the USA government to "reconsider these measures and work to find other, more effective solutions that leave the United States economy and U.S. consumer stronger and healthier than ever before".

Reuters reported in July that the Apple Watch was likely to be affected by the tariffs.

They warned that an additional duty of up to 25% "would cause broad, disproportionate economic harm to U.S. interests", including reduced spending on research and development and a slow down in innovations such as cloud computing and the rollout of 5G networks in the US. "Can't let that happen".

"If we continue on our current trajectory, I do believe we'll experience some kind of reckoning", Hooper said. China has confidence that it can maintain steady economic growth, said Gao Feng, a spokesman for the ministry. Over the decades since, Rockland has honed its technology and manufacturing process: Take woven fabrics, apply a proprietary coating that gives them a blackout quality, and sell them to hotels and retailers. "Now we've added another $200bn".

On Friday, Trump he was ready to step up pressure by raising tariffs on yet another $267 billion list of Chinese imports. "That totally changes the equation".

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Trump also said the United States and Japan have begun trade talks and that Tokyo "knows it's a big problem" if an agreement can not be reached. The strong performance of markets over the past few months "keeps getting disrupted by news on trade" and "it's just another indication we're not out of the woods yet", she said.

Mr Trump appears to be ignoring calls from American industry to take his foot off the tariff pedal.

A senior administration official told The Wall Street Journal Friday that the expanded China tariffs "are coming" but said that the timing remains unclear.

The administration says eliminating the trade deficit will put the economy on a sustainable path of faster growth, an argument that has been dismissed by economists as flawed given constraints such as low productivity and slow population growth.

President Donald Trump is willing to meet with Chinese leader Xi Jinping as the two nations square off over trade, but Beijing needs to show it's open to compromise, said White House economic adviser Larry Kudlow. It brought in about $6.1 billion in revenue a year ago, according to an estimate from analyst firm Bernstein.

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Trump, in an interview with Bloomberg News last week, showed no sign of backing down, repeating his long-standing complaint that China has taken advantage of the USA and its leaders for decades.

But Trump has been unapologetic, insisting that his tough tactics will work. The administration already imposed duties on $50 billion of Chinese imports.

He pointed out that 23 per cent of the impending tariffs on US$200 billion of Chinese imports targeted consumer products.

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. "If that is the case, voices of opposition (against any further tariffs) will definitely strengthen".

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