Insta
Swarajya Staff
Sep 09, 2018, 09:15 PM | Updated 09:15 PM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
President Donald Trump has asked tech-giant Apple to make products in the United States to avoid tariffs on Chinese imports, reports Reuters.
The company had earlier shared its concerns with trade officials saying tariffs on Chinese imports would affect a wide range of Apple products.
Trump had earlier said that his administration had tariffs planned for an additional $267 billion worth of Chinese goods.
Subsequently, he tweeted that “Apple prices may increase because of the massive Tariffs we may be imposing on China - but there is an easy solution where there would be ZERO tax, and indeed a tax incentive. Make your products in the United States instead of China. Start building new plants now.”
Apple prices may increase because of the massive Tariffs we may be imposing on China - but there is an easy solution where there would be ZERO tax, and indeed a tax incentive. Make your products in the United States instead of China. Start building new plants now. Exciting! #MAGA
— Donald J. Trump (@realDonaldTrump) September 8, 2018
Biggest potential losers would be the technology sector as tariffs would make imported computer parts more expensive. Apple’s AirPods headphones, some of its Beats headphones and its new HomePod smart speaker would also face levies.
Apple, in a letter to the trade department, is reported to have said that “The burden of the proposed tariffs will fall much more heavily on the United States than on China.