The Chinese government, through the state-run Global Times newspaper, has said that iPhone sales ‘will suffer’ if president-elect Trump follows through on his threatened trade war when he takes office. The comment was made in response to Trump’s campaign promise to apply 45% tariffs to Chinese imports.
If Trump imposes a 45 percent tariff on Chinese imports, China-US trade will be paralyzed. China will take a tit-for-tat approach then. A batch of Boeing orders will be replaced by Airbus. US auto and iPhone sales in China will suffer a setback […]
