Apple can rise because of duties in the United States

Since January 1, the States want to impose additional import duties on goods from China. This also applies to smartphones and laptops Apple’s Chinese Assembly.

Since January 1, the States want to impose additional import duties on goods from China. This also applies to smartphones and laptops Apple’s Chinese Assembly.

The President of the United States, Donald trump intends from 1 January 2019 to impose additional import duties for almost all imports of goods from China. The result might appreciate Apple, which is produced in China and other made in China gadgets.
Now

At the end of September States has imposed a 10 percent customs duty on the goods from China, total cost of which is estimated at $200 billion. the Response of China’s steel duties at the level of 5-10% in the amount of $60 billion.
What’s next

But trump is not going to stop there and impose import customs duties another large group of Chinese goods worth $267 billion a year at the rate of 10% or 25% and increase your bid on goods worth $200 billion with 10% to 25%.

Will there be these duties — will be known on 30 November and 1 December. It was then in Buenos Aires will host the G20 summit, during which negotiations are expected Donald trump and Chinese President XI Jinping.

The American President does not exclude that will abandon their intentions, but that China must “open the country to competition from the United States.” “If we fail to reach an agreement, then I’m going to impose additional duties on Chinese goods worth $267 billion,” said trump.

He is confident that America will not suffer, if leaders fail to agree on the “truce”. On the contrary, the country will benefit from duties levied on Chinese imports.
And then Apple

But who exactly can’t win, so is Apple. And even in summer the President’s administration promised to make the company the exception, now seems to have forgotten about it. As a result of the duties may become more expensive smartphones and laptops Chinese Assembly, which now are not cheap.

But in this Donald trump sees no problem, considering that the rise in price by 10%, “people will be able to easily transfer”.

However, to avoid possible price rise — if Apple will move manufacturing to the States. “I would advise them to build factories in the US and produce there, he said. And they have many other alternatives.”

Source: The Wall Street Journal