Trump fires back at Apple: Make your products in US

Trump fires back at Apple: Make your products in US

Trump fires back at Apple: Make your products in US

In response to the Trump administration's proposed $200 billion tariffs on Chinese goods, Apple has sent a letter to the US government urging not to apply the tariffs that will affect Apple products and to find "other, more effective" solutions instead, MacRumors is reporting.

"It is hard to see how tariffs that hurt U.S. companies and U.S. consumers will advance the Government's objectives with respect to China's technology policies", Apple said in a letter to U.S. Trade Representative Robert LighthizerRobert (Bob) Emmet LighthizerMcConnell urges GOP senators to call Trump about tariffs Companies brace for trade war MORE. "As a result, tariffs will ultimately reduce the economic benefit we generate for the United States", the company writes.

"Apple prices may increase because of the massive Tariffs we may be imposing on China", he said in an 11:45 a.m. tweet, while he was traveling in the presidential motorcade. "The traditional method of calculating the USA trade balance attributes the entire value of our products to the country where final assembly is located, in most cases China".

Apple did not disclose specific revenues for most of the affected products, but of those the Apple Watch may be the biggest seller.

Trump, speaking on Friday aboard Air Force One, said the administration had tariffs planned for an additional $US267 billion ($A376 billion) worth of Chinese goods. "Start building new plants now", Trump recommended.

Chinese exports to the United States rose to US$44.4 billion in August, a 13.2 per cent increase from the same period previous year, according to customs data. But 2018 imports from China through July were up almost 9% over the same period of 2017, according to US Census Bureau data.

Mr Trump has boasted that trade wars are "easy to win" and warned he would hit virtually all Chinese imports if Beijing does not back down and take steps to reduce its US$335 billion surplus with the US.

Mr Trump told reporters traveling with him to Fargo, North Dakota that "behind that, there's another US$267 billion ready to go on short notice if I want".

"Semiconductors are America's fourth-largest export, and our industry has a global trade surplus of over $6 billion and a surplus with China of close to $2 billion in 2017", Intel's letter said. That totally changes the equation.

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