The desire of President Donald Trump in creating the golden age of American production is the center of his trade war – the possibility of cursed – and even his friends can go around Friday, Trump threatens an apple at a 25% tax rate for any iPhone that is not done in the United States.
“I have informed Tim Cook from Apple for a long time that I expect that their iPhone will be sold in the United States will be chewed and created in the United States, not India or other.” Trump writes about the truth. “If not, then have to pay at least 25% tax to the United States.”
In addition, Trump Bumpy European Union as “Established for the main purpose of utilization of trade (us)” and threatening them at a 50% tax rate, starting from 1 June because they “It's hard to deal with” Follow Trump's post. Apple stocks dropped by 4%.
Since taking the position of Trump's admiration or Protection and customs duties Influence his development and Often conflict All Chinese tax policies that Apple produces approximately 90% of the iPhone. All are public enemies number 1 last month. Apple's stock disappeared more than 300 billion US dollars in one day. After Trump, many taxes, including China, Taiwan, India and Vietnam, an important production center of Apple.
Analyst at UBS Bank for Investment warn That the tax rates of each other regarding the goodness of Imorted can increase the price of the iPhone a lot, even though the management recommends Exceptions for electronic devices such as phones And the COOK computers are said to call the quarterly performance. The existing tax rate can be done. Apple price $ 900 million This quarter
To reduce the impact Apple plans to change the production of iPhone that is tied to the United States to India. By the end of next year That didn't sit well with Trump. Last week in Qatar Said, “I have a little problem with Tim. I said to him that 'Tim, you are a friend, I treat you very well … but now I heard that you are building all over India. I don't want to build in India. ” –
Truly, Cooking takes many years to warm with Trump.Those who mention the apples produced in the United States all the way in 2016 during His first president campaign– In January, cooking Donate $ 1 million Or his own money to Trump's position Their relationships have received the favor of Apple as the first Washington post. Trump management is considering the policy to set a 10% tax rate for all imports from China. The prison seems that Trump and shortly thereafter, the management has adjusted the size and received exceptions for certain electronic devices, including iPhone.
But those who play with fire finally will be burned
Trump's needs. Apple is a major obstacle for the company according to Guardian, Dan IVES. Wedbush securities analysts. write In notes to investors “The truth is that it takes three years and $ 30 billion in our evaluation to move even 10% or (Apple's). Supply chain from Asia to the United States with a big disruption in the process.”
Last month, the former secretary of the US Treasury Janet Yellen Call Trump's trade war “Self -working wounds” by any management, but during the appearance of Fox News recently Said, “President tries to bring accurate production back to the United States. I think one of our greatest loopholes is this external production, especially in the semicon, and the apple component is a semicon dragon.”
However, when asked what is the truth for Apple to actually follow, because the movement that moved takes Berry answered, “I don't know from one company to another, so we have to watch.”