
Apple Store, Shanghai
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 […]
The new president will be condemned for his recklessness, ignorance and incompetence and bear all the consequences.
The Global Times editorial also claimed that Trump would not in any case have the authority needed to apply the 45% tariff …
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