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US-China Trade War: Prices of Apple IPhones May Rise 20%

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Fox Business — IPhone prices could rise as much as 20 percent if Apple gives in to pressure from President Trump to start assembling its smartphones here in the U.S., according to Bank of America Merrill Lynch..
Trump tweeted on Saturday, urging the tech giant to start manufacturing its products in America 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," Trump tweeted... → Full Article



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