Apple faces two hits from Trump's tariff threat The WSJ reports on how Apple (NASDAQ:AAPL) iPhones could take two hits in the la...
The WSJ reports on how Apple (NASDAQ:AAPL) iPhones could take two hits in the latest tariff threat President Trump made against China.
Smartphones weren̢۪t included in the prior three levies on Chinese goods. But Trump̢۪s threat of putting levies on $500B in imports would include nearly everything China ships to the U.S., which includes iPhones since the devices are assembled in the country.
The Trump proposal could tax the phones both within China and upon U.S. entry.
Apple shares are up 0.8% to $193.12.
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Source: Google News US Technology | Netizen 24 United States
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