Trade Wars Led to the Withdrawal of Foreign Manufacturers from China

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US high-tech company Apple reportedly asked its major suppliers, mainly producers in China and Taiwan, to consider moving 15% to 30% of production lines outside China to avoid being levied by the US on goods shipped to the US. High tariffs.

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Analysts say that the transfer of production lines outside China has been in progress, but this practice will damage Apple's earnings and will greatly reduce employment opportunities in China and increase unemployment.

Analysts say that such a transfer production line, other technology product suppliers in China have already been in progress last year, and the trade war between the United States and China, the two largest economies in the world, is getting worse. The trend will continue.

The trade friction between the United States and China is getting worse. High-tech companies like Apple are caught in the flames of war. Their products in China, as long as they are sold to the United States, will be punished with high tariffs.

Earlier this month, US President Trump said that he will meet with President Xi Jinping at the G-20 summit in Japan later this week, after which he will consider whether to increase tariffs on Chinese products worth $300 billion.

The trade friction between the United States and China is getting worse. High-tech companies like Apple are caught in the flames of war. Their products in China, as long as they are sold to the United States, will be punished with high tariffs.

 

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