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Tag Archives: Apple Computer

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

Crack open an iPhone and you’ll begin to see why President Donald Trump’s ongoing trade war with China doesn’t make sense. On paper, imports of the popular smartphone and other goods from China look like a big loss to the U.S. The president certainly thinks so and has often cited the massive U.S.-China bilateral trade deficit – US$420 billion in 2018 – as a reason to fight his trade war. When an iPhone X arrives in the U.S., it adds about $370 – its factory cost – to the deficit. All...

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Tyler Durden — iPhones Are Now “Embarrassing” In China As Trade War Deepens

Tim Cook's worst nightmare. But not just Apple. American products used to cool. Now, the coolness factor is disappearing.China had already completed its export-dependent phase of the economic plan, and was already embarking on increasing consumption-share of GDP. This just hastens the transition as the government is forced to increase domestic demand through stimulus to maintain employment.Zero HedgeiPhones Are Now "Embarrassing" In China As Trade War DeepensTyler Durden

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

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

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