Apple will take multiple steps to mitigate the incoming 10% tariff on Chinese imports to the United States, Morgan Stanley believes, with the iPhone producer using non-Chinese assembly and supply lines for US-bound smartphones as a workaround that has been 16 months in the making.
New tariffs on Apple products imported to the United States from China are again in question, as White House economic advisor Larry Kudlow suggests President Donald Trump is still open to making a trade deal that could change the situation.
China has not just asked state-owned business to stop buying American agriculture, but it has also devalued its own currency to counter President Donald Trump's 10% tariff threat on $325 billion in electronics — and it is having a profound impact on Apple's stock and that of its suppliers.
Noted Apple analyst Ming-Chi Kuo believes that any tariffs implemented by the US won't impact Apple's pricing because of supply chain moves implemented by Apple CEO Tim Cook, and because of that pre-planning, there won't be any impact to Apple's shipments.
In the latest chapter of the ongoing trade war, President Donald Trump has threatened to levy a 10% tariff on electronics from China, including most of Apple's product line, in retaliation for moves by the Chinese government.
President Donald Trump, in response to questions regarding a tweet on Friday proclaiming Apple will not receive tariff relief for its new Chinese-built Mac Pro, said he believes the tech giant will erect a manufacturing plant in Texas.
Despite a recent petition, Apple won't get any tariff exemptions for Mac Pro parts made in China, U.S. President Donald Trump said on Friday.
Apparently detoothing a U.S. Commerce Department ban, President Donald Trump said on Saturday that American companies can do business with China's Huawei.
Apple has formally requested that the U.S. not impose tariffs upon its imported products in a letter, saying that it would greatly impact Apple's business, and unfairly benefit competitors.
U.S. President Donald Trump said he met with Apple CEO Tim Cook at the White House on Thursday, but failed to go into detail about what was discussed.
A Chinese diplomat, normally a vocal backer of government policies, was recently caught using Twitter for iPhone to defend Huawei and attack Apple and U.S. President Donald Trump.
The U.S. government has leveled a dual blow against China's Huawei, both blocking it from acquiring American technology and preventing American telecoms firms from using Huawei equipment.
U.S. President Donald Trump will allegedly sign an executive order this week blocking American companies from using any telecoms equipment made by Huawei, according to a report.
U.S. President Donald Trump made good on a trade war deadline on Friday, increasing tariffs on some Chinese imports. While Apple products have so far evaded impact, that may be short-lived.
Terry Gou, the CEO of Apple assembly partner Foxconn and candidate for the presidency of Taiwan, has met with President Donald Trump on his visit to the United States, ahead of a visit to the controversial project in Wisconsin to build new facilities.
Wisconsin Governor Tony Evers is calling for the state to renegotiate its deal with Foxconn, arguing that the Taiwan-based manufacturer has broken its end of the agreement and won't be able to create the 13,000 jobs it once promised.
Foxconn's vaunted Wisconsin facilities, backed by U.S. President Donald Trump, have so far amounted to "a bunch of empty buildings and a lot of questions," an investigation indicates.
On Monday, U.S. President Donald Trump defended his recent reference to Apple's CEO as "Tim Apple," claiming he was simply trying to save time.
After President Donald Trump accidentally referred to Apple CEO Tim Cook as "Tim Apple," the exec's social media team seems to have capitalized on the opportunity.
President Donald Trump's history of English-related gaffes was furthered at Wednesday's American Workforce Policy Advisory Board meeting when he referred to Apple CEO Tim Cook as "Tim Apple."
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Malcolm Owen
Mike Wuerthele and Malcolm Owen
Mike Wuerthele
Mikey Campbell
Roger Fingas
Amber Neely
