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Established in 2006 as a Community of Reality

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Trump customs duties on China slay Apple

rocky
rocky
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customs - Trump customs duties on China slay Apple Empty Trump customs duties on China slay Apple

Post by rocky on Sat 03 Aug 2019, 5:56 am

[size=36]Trump customs duties on China slay Apple[/size]

Economy | 01:54 - 03/08/2019

customs - Trump customs duties on China slay Apple 10382019_1-1273111


Follow - up to the balance of news , 
analysts and experts revealed that the customs duties that US President Donald Trump said China will impose, and an estimated $ 300 billion could cut Apple 's profits. 
Analysts said the new tariff, which the US president threatened to impose on China, which is 10 percent could lead to a reduction of iPhone sales in the United States next year, between 6 and 8 million devices. 
The decline in iPhone sales could cut Apple's profits by 4 percent by 2020, according to technology analyst Dan Evis on Friday. 
Donald Trump on Thursday threatened to charge 10 percent for Chinese goods The remaining $ 300 billion, which is currently not subject to customs duties.
These include laptops, smart phones and other technology, which means that his decision will hit the US technology industry severely, CNN reported. 
Eves said the tariff threat "brought back a dark cloud over Cupertino (Apple's headquarters)," describing the cartoons as "a punch for Apple," adding that it is clear that "Apple is stuck in the confrontation between Washington and Beijing." 
On Wall Street's business street, there is concern that trade war could dramatically increase the cost of iPhones around the world. Trump's comments led Apple to fall 2 percent on Thursday, then back down again on Friday by 1 percent . 
Evis believes that Apple will be able to ease some of the cost burden by adjusting its own supply chain, but also believes that the process will be slow.
He said Apple may be able to transfer between 5 and 7 percent of iPhone production to India and Vietnam over the next two years if the tariff situation continues, however, Apple will not be able to completely abandon China.


rocky
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Join date : 2012-12-21

customs - Trump customs duties on China slay Apple Empty Experts: Trump customs tariffs on China slay Apple

Post by rocky on Sat 03 Aug 2019, 6:01 am

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Experts: Trump customs tariffs on China slay Apple

[/rtl]
[rtl]Editorial Date: 2019/8/3 13:59 • 4 times read[/rtl]
customs - Trump customs duties on China slay Apple Story_img_5d45690754cfa
[rtl]
(Reuters) - US President Donald Trump's $ 300 billion tariffs on China could cut Apple's profits, analysts and experts have revealed.
Analysts said the new tariff, which the US president threatened to impose on China, which is 10 percent could lead to a reduction of iPhone sales in the United States next year, between 6 and 8 million devices. 
The decline in iPhone sales could cut Apple's profits by 4 percent by 2020, according to technology analyst Dan Evis on Friday. 
Donald Trump on Thursday threatened to charge 10 percent for Chinese goods The remaining $ 300 billion, which is currently not subject to customs duties. 
These include laptops, smart phones and other technology, which means that his decision will hit the US technology industry severely, CNN reported.
Eves said the tariff threat "brought back a dark cloud over Cupertino [Apple's headquarters]" and called the fee "a punch for Apple," adding that it is clear that "Apple is stuck in the confrontation between Washington and Beijing." 
On Wall Street's business street, there is concern that trade war could dramatically increase the cost of iPhones around the world. Trump's comments led Apple to fall 2 percent on Thursday, then back down again on Friday by 1 percent . 
Evis believes that Apple will be able to ease some of the cost burden by adjusting its own supply chain, but also believes that the process will be slow. 
He said Apple may be able to transfer between 5 and 7 percent of iPhone production to India and Vietnam over the next two years if the tariff situation continues, however, Apple will not be able to abandon China altogether.



http://alforatnews.com/modules/news/article.php?storyid=205876
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