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

A man walks past a screen at the Indonesia Stock Exchange building in Jakarta Indonesia

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".

For example, China said it will lift tax rebates for integrated circuits, and these have been hit by U.S. tariffs, but the item is not included in the above tally due to the differences between the Chinese and United States trade code lists.

"We will evaluate the comments and we will make a decision", Kudlow said, suggesting it could be some time before the fresh import charges will be levied.

Apple, in pushing back on the tariff proposal, said it bought more than $50 billion worth of components from US-based suppliers past year and that it's the largest United States corporate tax payer.

US President Donald Trump is threatening to tack import duties on $267bn of imported Chinese tech gear and other goods - on top of the $200bn already planned.

Major technology company Apple Inc said a "wide range" of its products would be hit by the tariffs, but not its iPhone.

Elon Musk smokes marijuana with Joe Rogan during live interview
Today it was revealed that two top executives have left Tesla, and its plummeting stock fell even lower. Musk told Rogan that running Tesla is the hardest of his several endeavors.

In a letter addressed to the Office of U.S. Trade Representative, the Cupertino company said: "It is hard to see how tariffs that hurt USA companies and United States consumers will advance the government's objectives with respect to China's technology policies". The company noted it spent $50 billion with 9,000 USA suppliers in its most recent fiscal year, including Texas-based chip firm Finisar Corp and Kentucky-based Corning Inc.

‪"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", he wrote.

The Trump administration had indicated it was ready to move ahead with a next round of tariffs after the end of a public comment period, which finished at midnight in Washington on Thursday, but the timing is uncertain, people familiar with the administration's plans said.

But businesses warn there are other ways China can strike back, through regulations and other administrative means, or even through sales of its large holdings of US Treasury debt.

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. "Now, they've got to treat us fairly", he said, and again threatened to impose duties on cars produced in Canada. Among the equipment hit were a number of components and devices used by USA tech firms, including chips and networking gear produced in Chinese factories.

Apple did say its MacMini, a low-cost computer that comes without a keyboard or mouse, would be affected.

Related news:

Hot News

isis-killer-beheading-video-story-top Dallas officer shoots, kills man after entering wrong apartment
Sep 09, 2018 - 02:06
This photo from 2014 shows Botham Jean speaking at Harding University where he often led campus worship services. It's not clear whether the officer is in custody, though Hall said she didn't know the officer's whereabouts.

isis-killer-beheading-video-story-top Celtics’ Jabari Bird Arrested After Allegedly Assaulting, Kidnapping Somebody
Sep 09, 2018 - 01:50
Bird was on a two-way contract with the Celtics for most of his rookie season, only appearing in 13 games, starting in one. According to the police, the 24-year-old Bird was guarded by police at the hospital while undergoing an evaluation.

isis-killer-beheading-video-story-top Serena Williams Breezes Into US Open Final, Her First In 4 Years
Sep 09, 2018 - 01:14
Having reached the Wimbledon final in July, she has flown through the US Open draw like a high-speed NY subway train. But Naomi admits that the years she spent sparring with Mari were the best thing that ever happened to her.

isis-killer-beheading-video-story-top Leroy Sane leaves German squad over 'private reasons'
Sep 09, 2018 - 01:02
He's a player who has everything you need to be world-class player but sometimes you have to tell him he has to perform better'.

isis-killer-beheading-video-story-top Ex-Trump advisor jailed in Russian Federation inquiry — George Papadopoulos
Sep 08, 2018 - 03:07
His lawyers say Papadopoulous acted out of a "misguided sense of loyalty to his master" and to preserve his career options in the new administration.

isis-killer-beheading-video-story-top Nike reveals inspiring new ad narrated by Colin Kaepernick
Sep 08, 2018 - 03:05
The ad's universal theme is about athletes pushing for bigger dreams. "Ask if they're insane enough". He implores the listener: "Don't ask if your dreams are insane , ask if they're insane enough".

isis-killer-beheading-video-story-top Twin attacks in Afghan capital kill 20
Sep 08, 2018 - 02:43
The attack bore the hallmarks of the Islamic State group, which carried out many bombings against Shiites in recent years. He did not see the suicide bomber enter the room, but he felt the "flying shrapnel" as it pierced his abdomen.

isis-killer-beheading-video-story-top Dallas officer mistakes apartment for own, kills man: authorities
Sep 08, 2018 - 02:41
In a news conference on Friday morning, Dallas Police Sgt Warren Mitchell said they had not yet interviewed the officer involved. Jean, a native of St Lucia, was listed on LinkedIn as a risk assurance experienced associate at PricewaterhouseCoopers.

isis-killer-beheading-video-story-top Jorginho agent reveals how Chelsea beat City to his signature
Sep 08, 2018 - 02:26
When asked why they opted to change coach, he replied: "I still don't know". "There was an agreement, but there was no agreement between the clubs".

isis-killer-beheading-video-story-top Obama says Trump is 'the symptom, not the cause' of division
Sep 08, 2018 - 02:07
Next Thursday, Obama leads a rally in Cleveland for Ohio governor candidate Richard Cordray and other Ohio Democrats. Aides close to Obama have said he's bit his lip, wanting to avoid an ugly tit-for-tat and to stay above the fray.

isis-killer-beheading-video-story-top United States ambassador sees Golan remaining in Israeli hands 'forever'
Sep 08, 2018 - 01:51
Russian Federation has been a key supporter of Assad and complained about militants in Idlib targeting its own facilities. Civilians in the area reported hearing explosions and seeing smoke rise from nearby buildings.

isis-killer-beheading-video-story-top Denmark scramble together new squad, coach amid pay dispute
Sep 07, 2018 - 01:10
We are prepared to play the global matches this week and then we have time after the matches to negotiate the whole agreement. In 2017, the Danish women's team boycotted a World Cup qualifier against Sweden over salary disputes.

isis-killer-beheading-video-story-top Japan's Hokkaido rocked by magnitude 6.7 quake
Sep 06, 2018 - 08:45
Local police say people are trapped under collapsed buildings, but there are no reports of any casualties yet. Almost 3 million households lost power, according to the Hokkaido Electric Power Company.

isis-killer-beheading-video-story-top Nishikori, Osaka give Japan historic tennis day at US Open
Sep 06, 2018 - 07:08
He also lead with a break in the third-set tie-break before hitting two consecutive double faults to gift Nishikori the advantage. Though he clawed his way back into the set, it was the 21st seed who got over the line as Cilic again imploded in a breaker.

isis-killer-beheading-video-story-top US Vice President Praises Sessions
Sep 06, 2018 - 06:51
Chris Coons, a Democrat, on Tuesday afternoon called Trump's tweet on Sessions "unprecedented". Trump nodded his head with an approval concerning George's offer thereby defering Mr.