On Saturday President Donald Trump tweeted Apple should manufacture its products in the U. S. to avoid his proposed tariffs on Chinese goods.
The good times for Apple shareholders may be over if President Donald Trump’s trade war with China escalates and affects the company’s products.
On Saturday, President Donald Trump tweeted Apple should manufacture its products in the U. S. to avoid his proposed tariffs on Chinese goods.
“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. Make your products in the United States instead of China. Start building new plants now. Exciting! #MAGA,” he said on social media.
The comment came a day after the company’s letter to U. S. Trade Representative Robert Lighthizer was revealed, which said Trump’s proposed tariffs on $200 billion worth of imported Chinese goods would affect the Apple Watch, AirPods, Mac mini and Apple Pencil.
