Apple should make its products in United States to avoid tariff hit

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The presidential tweet is the latest salvo in a dispute between the Trump administration and companies that fear tariffs will hurt their business.

Yesterday, as the Guardian reported, Trump said that he wants to impose tariffs on an additional $267 billion in Chinese goods, totaling $467 billion. Earlier speculation was that those tariffs, proposed in July, would take effect in early October, though trade associations have been gearing up for the announcement to come as early as the end of this week.

"The $200 billion we're talking about could happen very soon", Trump said.

"That totally changes the equation", Mr Trump said.

The Trump administration has argued that tariffs on Chinese goods would force China to trade on more favorable terms with the United States.

That list includes some consumer products, like cameras, luggage and tires and they'd be subject to tariffs of 10-25 percent.

"More broadly, tariffs will lead to higher USA consumer prices, lower overall US economic growth, and other unintended economic consequences". But 2018 imports from China through July were up almost 9% over the same period of 2017, according to US Census Bureau data.

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.'s ability to continue to dominate telecommunications technology, including the upcoming fifth-generation phone networks, will be hampered by the levy on imports from China. But David French, a top lobbyist for the National Retail Federation, whose members include Amazon.com, BJ's Wholesale Club and Macy's, said almost every consumer good could be affected if Trump follows through on all threatened tariffs.

Economists and investors have, according to the Guardian, expressed concern over the standoff between the two countries, warning that the trade war could derail the global market and provoke more counter-tariffs to Trump tariffs.

Computer and phone makers are involved in a global supply chain that includes Chinese manufacturing, and that can not be easily excluded without harm to United States companies, Intel said in a letter to the trade representative.

"Those have been our asks for many months and so far those asks have not been satisfied", he said.

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