Apple facing 10% increase in products price ahead of US-China summit

The trade war between the United States and China is in its full swing. Although President Donald Trump promised Apple products will not be hit with tariffs, he suggested otherwise ahead of his summit with the Chinese leader Xi Jinping, scheduled for later this week. According to The Wall Street Journal, if negotiations don't produce a favorable outcome for the US, additional goods for $200 billion, will be slapped with up to 25% tariffs, including consumer electronics by Apple and other products manufactured in China. While the Trump Administration is worrying about consumer...

from GSMArena.com - Latest articles https://ift.tt/2P2JsVC