The US President Donald Trump promised to introduce a new round of tariff measures, and this time the target is none other than Apple Inc., which is regarded as one of the symbols of America.
Trump requires that all iPhones sold in the United States must be produced domestically, otherwise, Apple Inc. can expect a "tariff package" of at least 25%. The tariffs may begin as early as the end of June, and the price of the iPhone may rise accordingly.
Will Apple Inc. move its production lines back to the United States? Even if Apple Inc. moves its production lines back to the United States, according to economists' estimates, the price of the iPhone will directly soar to three times the original price. So, how much weight does Trump's tariff threat carry?
If Apple returns to domestic production, the requisitioning of land, construction of factories, equipment, labor, etc., will cause the price of Apple products to soar to three times the original price. Who will bear the cost? This is an opportunity for Chinese mobile phone manufacturers.
Original article: https://www.toutiao.com/article/1833600263830592/
Disclaimer: The article represents the views of the author alone.