President Donald Trump has threatened to expand the tariffs currently imposed on Chinese exports to the U.S. The next group of products in line to get socked by a 25% import tax includes smartphones and other tech devices assembled in China and shipped to the U.S. (which includes the Apple iPhone). One analyst says that the tariff if imposed on smartphones, could raise the retail price of the iPhone XR by $160. While contract manufacturers in China are looking at moving production to other countries, the executive of one such firm says that it will need support from the supply chain to do ...
Wednesday, 15 May 2019
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