Economy

Why Apple Products Are at Risk to Skyrocket in Price

Why Apple Products Are at Risk to Skyrocket in Price

China's foreign ministry said on Monday it would retaliate if U.S. President Donald Trump goes ahead with his plan of imposing tariffs on practically all Chinese imports.

Ford on August 31 said it was dropping plans to ship the Focus Active from China to America, citing the Trump administration's new tariffs.

The United States President Donald Trump has once again called on Apple to shift production to the USA if they wants to avoid "massive tariffs". "This vehicle can now be BUILT IN THE U.S.A. and Ford will pay no tariffs!", he said in a tweet posted Sunday.

In its statement, Ford said, "It would not be profitable to build the Focus Active in the US", citing meager sales forecasts for the Focus Active in the states.

Apple Inc said a "wide range" of its products including the Apple Watch would be affected by proposed US tariffs on Chinese goods but gave no sign of an impact on its iPhone.

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However, a Ford spokesman Mike Levine indicated that there isn't a good a business case to build the low-margin, niche model in the U.S.

Spared until now, mobile telephones, the biggest USA import from China, would be engulfed if Trump activates the $267 billion tariff list. CNBC. This is just the beginning. It will continue to sell the vehicle outside the states. Automakers like to run plants on at least two shifts, and preferably three per day to cover the cost of building and equipping the factory, and to turn a profit.

Chien Bor-yi, an analyst at Taipei-based Cathay Futures Consultant, said Apple's component supply chain in Taiwan would take a major hit if the United States increased tariffs on Chinese imported products. According to the automaker, the levies President Trump is threatening to impose on China-imported vehicles would be simply too much for the company.

The tariffs changed everything. Recently though, the Trump administration, as a part of its trade war with China made a decision to impose a heavy 25 per cent tariff on all cars imported from China.

"It is hard to see how tariffs that hurt US companies and USA consumers will advance the Government's objectives with respect to China's technology policies".


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