Categories: Foreign

Trump tells Apple to make products in US to avoid China tariffs

WASHINGTON: US President Trump tweeted on Saturday that Apple Inc should make products inside the United States if it wants to avoid tariffs on Chinese imports, Reuters reported.

The company told trade officials in a letter on Friday that the proposed tariffs would affect prices for a “wide range” of Apple products, including its Watch, but it did not mention the iPhone.

Trump, speaking on Friday aboard Air Force One, said the administration had tariffs planned for an additional $267 billion worth of Chinese goods.

Trump tweeted that “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. Make your products in the United States instead of China. Start building new plants now.”

Apple declined to comment.

The technology sector is among the biggest potential losers as tariffs would make imported computer parts more expensive. Apple’s AirPods headphones, some of its Beats headphones and its new HomePod smart speaker would also face levies.

“The burden of the proposed tariffs will fall much more heavily on the United States than on China,” Apple said in its letter.

PakistanToday

Disqus Comments Loading...

Recent Posts

Over 15,000 people placed on blacklist, Senate panel told

ISLAMABAD: The Senate’s Standing Committee on Law and Justice on Tuesday was informed that more than 15,000 people have been placed…

38 mins ago

BREAKING: Chris Brown arrested in Paris on rape allegation

PARIS: U.S. singer Chris Brown was arrested in Paris on Monday morning with two other people on suspicion of rape,…

40 mins ago

PM Imran urges Qatari emir to reduce LNG prices, offer jobs to Pakistanis

Prime Minister Imran Khan on Tuesday met Qatari Emir Sheikh Tamim bin Hamad Al-Thani at the Diwan-e-Amiri in Doha and…

55 mins ago

IHC rejects plea against Shehbaz’s PAC chairmanship

ISLAMABAD: The Islamabad High Court (IHC) on Tuesday rejected a petition against the appointment of National Assembly Opposition Leader Shehbaz Sharif…

60 mins ago

Shehbaz Sharif’s bail plea filed in LHC

LAHORE: Pakistan Muslim League-Nawaz (PML-N) leader Shehbaz Sharif on Tuesday filed a bail petition in the Lahore High Court (LHC) through…

1 hour ago

‘Will lead from front first thing after Qatar trip’ – PM urges nation to take 2 day break from outrage

(Disclaimer: this is a work of fiction. Learn to take a joke; you’ll live longer.) DOHA – Urging all to…

1 hour ago