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.












