New Delhi, April 13 -- US President Donald Trump has been doubling down on countries by imposing extraordinary tariffs on them, in a bid that he says will bring back manufacturing to America. With China hit with a massive 145 per cent tariff, companies like Apple might be forced to move their manufacturing units to the US. The White House is anticipating that eventually, these tariffs would pressurise companies like Apple to make popular products including iPhones in the US.
Even after moving some iPhone manufacturing units from China to countries like Vietnam and India, China still remains Apple's largest base to make the smartphones and other devices. Donald Trump on Sunday said he will impose a separate tariffs on smartphone imports, ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.