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Sanctions: Trump Tells Apple To Move Production From China To US - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessSanctions: Trump Tells Apple To Move Production From China To US (521 Views)

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Sanctions: Trump Tells Apple To Move Production From China To US by sellamarket(op): 4:52am On Sep 09, 2018
US President Donald Trump on Saturday asked Apple to make its products in the US instead of China to avoid suffering the consequences of his trade war with Beijing.

Trump has repeatedly called for companies to move production to the United States, or to keep it there while pushing aggressive trade actions aimed at narrowing the US trade deficit, which he equates with theft from Americans.

“Apple prices may increase because of the massive Tariffs we may be imposing on China – but there is an easy solution where there would be ZERO tax, and indeed a tax incentive,” Trump tweeted.


“Make your products in the United States instead of China. Start building new plants now. Exciting!”

But the higher cost of wages in the United States could offset the benefits Apple might gain by avoiding tariffs affecting its products manufactured in China.

The Trump administration has placed punitive tariffs on $50 billion in Chinese goods and threatened to tax all Chinese imports to the United States.

US businesses have become increasingly concerned about the tariffs, which are raising prices for manufacturers and could hurt the economy.

But Trump has been unapologetic, insisting that his tough tactics will work.

Source: https://readandgetpaid.com/sanctions-trump-tells-apple-to-move-production-from-china-to-us/

Re: Sanctions: Trump Tells Apple To Move Production From China To US by hisgrace090: 5:32am On Sep 09, 2018
America is already lossing to china and need an urgent measure to halt the move.
Re: Sanctions: Trump Tells Apple To Move Production From China To US by Greyworld: 5:49am On Sep 09, 2018
hisgrace090:
America is already lossing to china and need an urgent measure to halt the move.
Desperately. Well it's good China is making a break through. So many lessons to learn from them. Especially when you look back , Where was China as at 1945, where was Japan n the US and also their population, then we ll know we have no excuse as Nigerians.
Re: Sanctions: Trump Tells Apple To Move Production From China To US by martyns303(m): 6:40am On Sep 09, 2018
It will be very tough for Apple to move production to America, the cost of setting up new factories, cost of sourcing raw materials which are readily available in China, labour is also cheaper in China.

Again Trump needs to be careful, America is owing China about $1.3 trillion. that's a lot of money to owe someone you are about to enter a trade war with.

I however admire his "America first" policy, if only Nigerian politicians can put Nigeria first.
Re: Sanctions: Trump Tells Apple To Move Production From China To US by sellamarket(op): 6:48am On Sep 09, 2018
martyns303:
It will be very tough for Apple to move production to America, the cost of setting up new factories, cost of sourcing raw materials which are readily available in China, labour is also cheaper in China.

Again Trump needs to be careful, America is owing China about $1.3 trillion. that's a lot of money to owe someone you are about to enter a trade war with.

I however admire his "America first" policy, if only Nigerian politicians can put Nigeria first.
Politicians in Nigeria put themselves first before Nigerians....lol
Re: Sanctions: Trump Tells Apple To Move Production From China To US by bennymark(m): 7:06am On Sep 09, 2018
Trump has always been obsessed with China


...but now, China is in trouble
Re: Sanctions: Trump Tells Apple To Move Production From China To US by utitofonsunday: 7:16am On Sep 09, 2018
Nawaooh for Trump o!
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