Apple on war with President Trump

Apple on war with President Trump

US President Donald Trump has been struggling constantly to turn production into American soil since he was in power. He is trying to force companies to employ Americans by introducing customs to import products. The most valuable American and wealthy company in the world, Apple, because of the introduction of customs duties [...]

US President Donald Trump has been struggling constantly to turn production into American soil since he was in power.

He is trying to force companies to employ Americans by introducing customs to import products.

The most valuable American and wealthy company in the world, Apple, because of the introduction of customs duties imported from China may have many problems, which will largely reflect on the higher prices of their products on the American market.

This week, the Trump administration announced it would set the 25% tariffs on products from China. Apple has sent an open letter to authorities declaring that the new taxes will eventually be paid by American citizens and that they will mostly influence the domestic prices of Apple products coming from China.

Furthermore, the rise in product prices from China means that this company is less competitive in domestic and external markets.

 

Related
Britain to use artificial intelligence to verify the age of asylum seekers

Britain to use artificial intelligence to verify the age of asylum seekers

Good news from YouTube: Videos with artificial intelligence will be clearly labeled

Good news from YouTube: Videos with artificial intelligence will be clearly labeled

EU fines Chinese giant Temu at 200m euros for dangerous children's toys and damaged chargers

EU fines Chinese giant Temu at 200m euros for dangerous children's toys and damaged chargers

The Internet has been partially restored to Iran, says organisation overseer

The Internet has been partially restored to Iran, says organisation overseer

The Ferrari represents the first electric car, it costs $640,000.

The Ferrari represents the first electric car, it costs $640,000.

Stellantis presents ambitious plan for new models

Stellantis presents ambitious plan for new models

Why doesn't gold rust? Scientists detect “atomic reasoning” following the endurance of precious metal

Why doesn't gold rust? Scientists detect “atomic reasoning” following the endurance of precious metal

Musk loses battle for OpenAI control, court gives Altman justice

Musk loses battle for OpenAI control, court gives Altman justice

Mercedes - AMG discovered its first four-door electric vault

Mercedes - AMG discovered its first four-door electric vault

This Toyota model fails on security tests

This Toyota model fails on security tests

The pilot robot “mecha” appears on the market

The pilot robot “mecha” appears on the market

Bitcoin falls below $77,000

Bitcoin falls below $77,000

Instagram criticized for “Instances”

Instagram criticized for “Instances”