Published: Mon, September 10, 2018
Global News | By Blake Casey

Apple says United States tariffs on China would hit 'wide range' of products

Apple says United States tariffs on China would hit 'wide range' of products

US President Donald Trump speaks to reporters aboard Air Force One on his way to Fargo, North Dakota on Friday.

Trump said Friday he would slap another $267 billion in tariffs on Chinese goods in a third round of tariffs.

Apple, like other tech giants, has benefited from the last year's overhaul to the US tax code, and the company has committed to returning much of the $252 billion in cash it held overseas.

In an interview with Bloomberg, White House economic adviser Larry Kudlow suggested that President Trump would be willing to meet with China's Xi Jinping, and possibly discuss de-escalating the trade war.

According to CNBC, the company said that the President's proposed tariffs would impact various Apple products, such as the Apple Watch, AirPods, HomePod, Mac, Mini, Apple Pencil, and chargers and adapters for a number of gadgets.

The U.S. Trade Representative's office didn't respond to a request for comment. That would basically cover all the imports from China that aren't already covered.

Wei Jianguo, former vice-minister of commerce, said the United States is handling relations with China in an extremely high-pressure and irrational manner.

The tweet came after Apple warned that Trump's proposed tariffs on $200 billion of Chinese-made products would affect the company.

Apple says tariffs on Chinese goods will raise prices for U.S. consumers
Simply put, establishing a local production of the vehicle would not make a successful business case. Trump wrote , citing a Reuters article posted on CNBC .

We review products independently, but we may earn affiliate commissions from buying links on this page. "Anything we develop, usually in about six months, we see the same products coming out of Chinese mills". Separately, the USA and Canada have resumed negotiations to try to keep Canada in an updated North American trade pact that also includes Mexico.

Apple didn't immediately comment on Trump's tweet.

President Trump said Friday that he has another $267 billion in tariffs ready to slap on China, calling his testy relationship with that nation "a far bigger problem" than dealing with Russian Federation right now.

"Our concern with these tariffs is that the USA will be hardest hit, and that will result in lower United States growth and competitiveness and higher prices for U.S. consumers", the company said.

The administration could announce the implementation timeline for the $200 billion in tariffs at any time.

He said 25 percent tariffs on finished Chinese blackout fabrics would be "practicable and effective" in reducing unfair trade practices that burden and harm American companies in his industry.

Economists argue that Trump's tafiffs could cause the cost of goods to increase for businesses and consumers in the United States, a point of view Apple agrees with in the unsigned letter.

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