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Apple Warns Trump Against Imposing More Tarrifs On China - Foreign Affairs - Nairaland

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Apple Warns Trump Against Imposing More Tarrifs On China by Misterdhee1(m): 10:10pm On Jun 21, 2019
The US government should not move ahead with a proposal to impose tariffs of up to 25% on another $300 billion worth of goods from China, Apple Inc. said in comments posted on a government website on Thursday.

The Tech giant believes the proposed US tarrifs on goods from China, including iPhone, iPad, Airpods, AppleTVs and batteries and Macs, will reduce the company’s contributions to the US economy and hurt its global competitiveness.

President Donald Trump had said he would consider placing tariffs on more Chinese goods after discussions fell apart in May.

Apple, joins the growing list of US companies to press the Trump administration to abandon its plan for more tariffs.

Trade talks between the United States and China are expected to resume when the countries’ leaders meet at the G20 in Japan next week after more than a month of impasse.

Apple is the largest US corporate taxpayer to the US treasury and pledged in 2018 its plans to directly contribute over $350 billion to the US economy over five years, the filing said.
In addition to reducing those contributions, Apple also believes its brand would take a hit because Chinese and other non-US firms do not have a significant US market presence.

“A US tariff would, therefore, tilt the playing field in favor of our global competitors,” Apple said.

READ More: https://factdome.com/2019/06/21/apple-warns-trump-against-imposing-more-tarrifs-on-china/
Re: Apple Warns Trump Against Imposing More Tarrifs On China by Bigflamie(m): 11:24pm On Jun 21, 2019
I love Trump but I strongly believe he will make America weaker as time goes on.

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