Donald Trump expands tariff threat to Apple
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Apple has faced falling market share and declining sales amid tougher competition from local rivals like Xiaomi and Huawei.
In an attempt to help stem falling iPhone sales in China, Apple has introduced new trade-in deals, though they seem too minor.
In “Apple in China,” Patrick McGee argues that by training an army of manufacturers in a “ruthless authoritarian state,” the company has created an existential vulnerability for the entire world.
Chinese consumer electronics giant Xiaomi has launched a new electric SUV and debuted a self-designed smartphone chip, in a push to expand beyond its roots in budget devices.
It would take several years and cost billions of dollars to build plants in the United States to make iPhones here. If that happens, prices could skyrocket.
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Apple is offering additional trade-in discounts for new iPhones in China until June 18, according to its website on Friday.
Unhappy that Apple intends to source nearly all of its U.S. iPhones from India, President Donald Trump on Friday threatened a 25% tariff on the popular device unless the tech
A shipment of fake Apple Lightning cables and chargers worth more than $7 million was just stopped at the Port of Houston, highlighting the booming — and dangerous — business of counterfeit tech.