Apple was warned several years ago about production in China, but Tim Cook drug his feet, and now the shareholders will suffer.
“Analyst says Apple, Tesla have biggest exposure to Trump’s tariffs”
Apple could move production to Taiwan easily.
Taiwan could cut trade imbalances and its Trump tariffs by massive purchases of US-made arms.
Is Xi prepared to be reasonable?
“Analyst says Apple, Tesla have biggest exposure to Trump’s tariffs”
This was written by me months ago:
I’m in favor of tariffs to help financially balance trade initially, then domestic production requirements, trade by barter (mainly within motor vehicle companies) and a blocked currency.