In its letter this week to the Office of the U.S. Trade Representative, Apple said that "because all tariffs ultimately show up as a tax on USA consumers, they will increase the cost of Apple products that our customers have come to rely on in their daily lives".
Apple, however, did not offer an estimate of how much the tariffs would increase its costs but encouraged Lighthizer to reconsider the measures.
But if Apple shifted to building its iPhones in the United States instead of China, it would require "20 percent price increases to offset the incremental labor costs", Bank of America Merrill Lynch told clients on Monday.
"Our concern with these tariffs is that the U.S. will be hardest hit, and that will result in lower U.S. growth and competitiveness and higher prices for U.S. consumers", Apple said in a September 5 letter to the Office of U.S. Trade Representative. The Trump administration is already poised to slap tariffs on $200 billion worth of goods from China, such as handbags and bicycle tires The U.S. has already imposed tariffs on $50 billion in Chinese imports, for which Beijing has retaliated with an equal amount of import taxes on U.S. goods.
On Sunday, President Trump welcomed the news as a positive sign.
A Ford spokesman responded on Twitter.
However, the company's letter adds that every product of theirs "contains parts or materials from the United States and is made with equipment from U.S. based suppliers".Читайте также: After Speaking Out, Olivia Munn Feels Isolated From 'Predator' Cast
Chien Bor-yi, an analyst at Taipei-based Cathay Futures Consultant, said Apple's component supply chain in Taiwan would take a major hit if the United States increased tariffs on Chinese imported products.
The decision to proceed with tariffs on US$200 billion of Chinese imports dismayed US business figures, industry associations and trade experts, thousands of whom recently provided testimony to the US Trade Representative's Office, warning the government of the damage they would cause for small- and medium-sized businesses and their consumers.
For the Focus Active, the tariffs on Chinese vehicles changed everything.
Chinese factories making everything from bikes to tyres, plastics and textiles are moving assembly lines overseas to skirt higher customs taxes on their exports to the United States and elsewhere, according to public filings. The Trump administration levied 25 per cent duties on US$34 billion of Chinese imports in July, including motor vehicles.
"Ford is proud to employ more USA hourly workers and build more vehicles in the US than any other automaker", the company said.
The White House has accused China of stealing US intellectual property and forcing American companies to share their technology with Chinese companies.При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
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