Here’s how Trump’s trade war with China might increase the price of the iPhone
The stock market has been particularly volatile as of late, which shouldn’t come as much of a surprise given Donald Trump’s penchant for making threats on Twitter about increasing import tariffs on Chinese-made goods. And while Trump has made similar threats before — and not followed through with them — it’s no secret that investors have never particularly cared for uncertainty in the market. “For 10 months, China has been paying Tariffs to the USA of 25% on 50 Billion Dollars of High Tech, and 10% on 200 Billion Dollars of other goods,” ...
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