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09 September 2018, 03:45 | Vera Richards
Screen Shot 2018 09 07
In a Saturday morning tweet, Mr. Trump said that if Apple wants to avoid tariffs on its products, it should make those devices in the US rather than China.
China's trade surplus with the United States ballooned to a new record US$31 billion in August despite a raft of USA tariffs, official data showed Saturday, adding fuel to the flames of a searing trade war.
Trump told reporters Friday that his administration was days away from imposing a new round of tariffs on imports worth $200 billion, and that it could follow up with another round of tariffs on goods worth an additional $267 billion.
There was no indication in the comments made by Trump on Friday as to which items would be targeted in a future round of tariffs, as most seafood products imported from China already have been slapped with higher tariffs.
An Apple spokesman did not immediately respond to a request from The Post for comment.
Apple is highly exposed to a trade war between the USA and China. Make your products in the United States instead of China.
PresidentDonald Trump took to Twitter today to call out one of the biggest tech companies in the world, Apple, the Washington Examiner reports. "Start building new plants now". China's trade surplus with the US has, therefore, risen almost 15 percent from January to August 2018.
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"The $200 billion we're talking about could happen very soon", Trump said. And I hate to say this, but behind that is another $267 billion ready to go on short notice if I want.
On Wednesday, Apple warned in a letter to the US trade representative that Apple's competitiveness could be hurt, leading to higher prices for consumers.
"That totally changes the equation", Mr Trump said.
In August 2018, the surplus was $31,05 billion, up from $28.09 billion in July.
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