Tariffs

Tariffs

China has long served as the manufacturing base for Apple, however, if President Trump’s plans of levying a 25% tariffs become a reality, the company may shift its production outside the country. First reported by Bloomberg, the news of Apple reconsidering its business strategy has been gaining steam, although taking such a big decision will entail careful deliberations. The US-China trade war is taking its toll on businesses, and although

Tariffs

The aluminum and steel tariffs levied by the Trump Administration took nearly US$ 1 billion in profit from Ford Motor Co, the irony of this being that the company sources most of these profits from the U.S. Hackett has encouraged the President Trump’s administration in resolving trade disputes as soon as possible, as it could further the damage to the company. Hackett states that the company is already suffering from