Thursday , November 28 2024
Home / Mike Norman Economics / David Koenig — President Trump Says Apple Can Avoid Tariff Consequences by Opening U.S. Plants

David Koenig — President Trump Says Apple Can Avoid Tariff Consequences by Opening U.S. Plants

Summary:
President Donald Trump concedes that some Apple Inc. products may become more expensive if his administration imposes “massive” additional tariffs on Chinese-made goods, but he says the tech company can fix the problem by moving production to the U.S. “Start building new plants now. Exciting!” Trump said Saturday in a tweet aimed at the Cupertino, California-based company.... TimePresident Trump Says Apple Can Avoid Tariff Consequences by Opening U.S. Plants David Koenig | A P

Topics:
Mike Norman considers the following as important: ,

This could be interesting, too:

Dan Crawford writes Tariffs and Inflation

Mike Norman writes Who Pays the Tax on Imports from China? — Matthew Higgins, Thomas Klitgaard, and Michael Nattinger, FRBNY

Mike Norman writes “Across-the-Board Tariffs on China with Retaliation and Federal Spending Create Over 1 Million Jobs in Five Years” — Menzie Chinn

Mike Norman writes The Guts of an Apple Iphone Show Exactly What Trump Gets Wrong About Trade — Jason Dedrick, Greg Linden, Kenneth L. Kraeme

President Donald Trump concedes that some Apple Inc. products may become more expensive if his administration imposes “massive” additional tariffs on Chinese-made goods, but he says the tech company can fix the problem by moving production to the U.S.
“Start building new plants now. Exciting!” Trump said Saturday in a tweet aimed at the Cupertino, California-based company....
Time
President Trump Says Apple Can Avoid Tariff Consequences by Opening U.S. Plants
David Koenig | A P
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *