Stay abreast of what’s happening internationally with developments in corporate public affairs. Here is news that you may find useful and interesting:
US-made iPhones would cost $150 more, supplier says as tariffs loomND
Lauly Li & Cheng Ting-Fang, Nikkei Asian Review, Tuesday September 11 2018
The time has come for many crucial suppliers to the most valuable technology companies on the planet to make emergency plans to move some production out of China as US President Donald Trump escalates a trade war that risks hitting electronics manufacturers hard. On Friday, Trump said tariffs covering an additional $267 billion of Chinese imports would be “ready to go on short notice”. That’s in addition to an already planned $200 billion round. On Saturday, Trump tweeted an “easy solution” to the tariff problem: “Make your products in the United States instead of China.” Most of Apple’s products are made in China, as are smart speakers by Amazon and Google, Fitbit products and notebooks by HP and Dell. Market watchers say any shift of the supply chain could cause major disruptions.
For the full story see: www.asia.nikkei.com