In a tweet this morning, President Trump addressed Apple's recent comments regarding the Administration's proposed tariffs on Chinese exports. In a letter to the U.S. Trade Representative on Wednesday, Apple claimed that the tariffs would "show up as a tax on U.S. consumers".
In response, Trump told Apple that it should make its products in the United States instead of China.
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
It's difficult to see Apple gaining sympathy in its fight against the proposed tariffs. As the most profitable company in the world, Apple could absorb the added costs of doing business in China. The company also greatly benefited when Trump slashed the corporate tax rate to 21% from 35% and lowered the tax rate to let it repatriate billions of dollars. Additionally, many Americans take issue with the Apple manufacturing most of its products overseas.
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Comments (10)
Comments are closed for this article.
0
joshWUa - September 10, 2018 at 5:14pm
Lol then most likely I won’t buy from Apple anymore since everything will be twice as more overpriced as they are now.
0
nocci - September 10, 2018 at 3:48pm
Thank you. Someone gets it!
0
ichild - September 9, 2018 at 5:06pm
Wow, I totally agree with Trump on that I said that a long time ago but apple will not do it.
0
nocci - September 9, 2018 at 4:36am
Like they have anything to lose!
0
stealther - September 9, 2018 at 2:30am
Then Apple will be doomed. It will no longer be competitive
0
damonart - September 8, 2018 at 11:18pm
Good job Trump. iPhone made in US.
0
stevenlacross - September 9, 2018 at 5:02pm
Then the price will go up to $2000 and minimum wage won’t go up cause trump doesn’t want to give anymore money to the poor, and then Apple will go out of business
0
fastandloose - September 11, 2018 at 7:57am
Apple will never go out of business they have the best operating system
0
astrand1 - September 8, 2018 at 10:03pm
This country is doing so much better now. Thank god for someone like Trump, getting things done! I love apple products and I agree build them here. Let’s put more Americans to work. I would love to buy an AMERICAN made iphone. 👍
0
1reader - September 8, 2018 at 9:22pm
They will not absorb anything but increase the price... like always
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