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Made in India iPhones Will Still Be Cheaper in the US, Even With Donald Trump's 25 Percent Tariff: GTRI Report
Manufacturing iPhones in India remains significantly more cost-effective than in the US, even with a potential 25 percent tariff, according to a report from the Global Trade Research Initiative (GTRI). US President Donald Trump recently threatened to impose a 25 percent tariff on Apple if it increases production in India, but GTRI suggests India's ...
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Apple Supplier Foxconn to Invest $1.5 Billion in India Unit
Foxconn's Singapore-based subsidiary will buy 12.77 billion shares worth 10 rupees apiece, amounting to 127.74 billion rupees ($1.50 billion) in Yuzhan Technology India. The detail was revealed in a filing with the London Stock Exchange.
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Opinion | Trump's Hollywood Tariffs Are A Blow To A Struggling Industry
Cinema has long been a tool of soft power for both the United States and China. However, despite its cultural value, filmmaking remains a business - and an expensive one at that. If profitability is compromised, the industry will inevitably retreat.
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US President Donald Trump Asks Apple to Stop Moving iPhone Production to India
US President Donald Trump has asked Apple CEO Tim Cook to stop building plants in India to make iPhones for the US. Trump’s comments threaten to throw a wrench into Apple’s plan to import most of the iPhones it sells in the US from India by the end of next year, accelerating a shift beyond China to mitigate risks related to tariffs and geopolit...
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How Trump's Man In Beijing Swung From Trade Globalist To China Hawk
The new US envoy to China, Ambassador David Perdue is former champion of global trade turned China hawk who will emphasize his close ties to President Donald Trump as he seeks to restore crucial lines of communication between Washington and Beijing.
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China Slams US-UK Trade Deal, Calls It 'Poison Pills' Worse Than Tariffs
These conditions have raised concerns in Beijing, with Zhang Yansheng, a senior researcher at the China Academy of Macroeconomic Research, describing the deal's clauses as "poison pills" that are worse than tariffs.
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China, US Slash Sweeping Tariffs On Each Other, But Is The Trade War Over?
After days of high-level negotiations, the trade standoff between the United States and China temporarily paused on Wednesday, with two of the world's largest economies slashing sweeping tariffs on each others' goods for 90 days.
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Tesla To Start Importing Chinese Components For Semi, Cybercab Production In USA
The truce announced on Monday saw the U.S. and China agree to roll back the bulk of tariffs and other countermeasures.
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China Lifts Ban On Boeing Imports After Trade Talks With US: Report
China has lifted a ban on domestic airlines accepting new Boeing aircraft, a report said Tuesday, after Beijing and Washington agreed to temporarily lower tariffs in a major de-escalation of their trade war.
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Fentanyl Is A US Issue, Says China, Calls Punitive Tariffs Unreasonable
The responsibility of tackling the fentanyl issue in the United States lies within the US itself, China's foreign ministry said on Tuesday, rejecting the punitive tariffs Washington imposed on Beijing for not stemming the inflow.
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Massive Rally In Wall Street After US, China De-Escalate Trade War
Wall Street stocks finished solidly higher Monday, cheering an announcement that the United States and China sharply de-escalated a trade war that has rattled global markets.
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Relationship With China Is Now "Very Good": Trump After Geneva Trade Talks
Following trade talks in Geneva, in which the United States and China agreed to withdraw reciprocal tariffs for an initial 90-day period, US President Donald Trump described the outcome as a "total reset" in relations with China.
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Apple Said to be Considering Hiking iPhone Prices
Apple is mulling raising prices of its upcoming iPhones in order to cushion higher costs stemming from the tariffs that have hampered global supply chains and forced the company to shift more production to India. Apple said earlier this month that tariffs were expected to add about $900 million (roughly Rs. 7,638 crore) in costs during the April-J...
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US, China Reach Deal To Slash Reciprocal Tariffs By 115%
The US and China will temporarily lower tariffs on each other's products, according to a joint statement released in Geneva, in a move to cool trade tensions and give the world's two largest economies three more months to resolve their differences.
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This US-Owned Toy Factory In China May Shutdown Due To High Tariffs
The emails started pouring in on April 9, the day President Donald Trump's 145% tariff on Chinese imports took effect. Clients were canceling orders for toys from Huntar Company Inc.'s factory in Guangdong Province, China.
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Made in India iPhones Will Still Be Cheaper in the US, Even With Donald Trump's 25 Percent Tariff: GTRI Report
Manufacturing iPhones in India remains significantly more cost-effective than in the US, even with a potential 25 percent tariff, according to a report from the Global Trade Research Initiative (GTRI). US President Donald Trump recently threatened to impose a 25 percent tariff on Apple if it increases production in India, but GTRI suggests India's ...
-
Apple Supplier Foxconn to Invest $1.5 Billion in India Unit
Foxconn's Singapore-based subsidiary will buy 12.77 billion shares worth 10 rupees apiece, amounting to 127.74 billion rupees ($1.50 billion) in Yuzhan Technology India. The detail was revealed in a filing with the London Stock Exchange.
-
Opinion | Trump's Hollywood Tariffs Are A Blow To A Struggling Industry
Cinema has long been a tool of soft power for both the United States and China. However, despite its cultural value, filmmaking remains a business - and an expensive one at that. If profitability is compromised, the industry will inevitably retreat.
-
US President Donald Trump Asks Apple to Stop Moving iPhone Production to India
US President Donald Trump has asked Apple CEO Tim Cook to stop building plants in India to make iPhones for the US. Trump’s comments threaten to throw a wrench into Apple’s plan to import most of the iPhones it sells in the US from India by the end of next year, accelerating a shift beyond China to mitigate risks related to tariffs and geopolit...
-
How Trump's Man In Beijing Swung From Trade Globalist To China Hawk
The new US envoy to China, Ambassador David Perdue is former champion of global trade turned China hawk who will emphasize his close ties to President Donald Trump as he seeks to restore crucial lines of communication between Washington and Beijing.
-
China Slams US-UK Trade Deal, Calls It 'Poison Pills' Worse Than Tariffs
These conditions have raised concerns in Beijing, with Zhang Yansheng, a senior researcher at the China Academy of Macroeconomic Research, describing the deal's clauses as "poison pills" that are worse than tariffs.
-
China, US Slash Sweeping Tariffs On Each Other, But Is The Trade War Over?
After days of high-level negotiations, the trade standoff between the United States and China temporarily paused on Wednesday, with two of the world's largest economies slashing sweeping tariffs on each others' goods for 90 days.
-
Tesla To Start Importing Chinese Components For Semi, Cybercab Production In USA
The truce announced on Monday saw the U.S. and China agree to roll back the bulk of tariffs and other countermeasures.
-
China Lifts Ban On Boeing Imports After Trade Talks With US: Report
China has lifted a ban on domestic airlines accepting new Boeing aircraft, a report said Tuesday, after Beijing and Washington agreed to temporarily lower tariffs in a major de-escalation of their trade war.
-
Fentanyl Is A US Issue, Says China, Calls Punitive Tariffs Unreasonable
The responsibility of tackling the fentanyl issue in the United States lies within the US itself, China's foreign ministry said on Tuesday, rejecting the punitive tariffs Washington imposed on Beijing for not stemming the inflow.
-
Massive Rally In Wall Street After US, China De-Escalate Trade War
Wall Street stocks finished solidly higher Monday, cheering an announcement that the United States and China sharply de-escalated a trade war that has rattled global markets.
-
Relationship With China Is Now "Very Good": Trump After Geneva Trade Talks
Following trade talks in Geneva, in which the United States and China agreed to withdraw reciprocal tariffs for an initial 90-day period, US President Donald Trump described the outcome as a "total reset" in relations with China.
-
Apple Said to be Considering Hiking iPhone Prices
Apple is mulling raising prices of its upcoming iPhones in order to cushion higher costs stemming from the tariffs that have hampered global supply chains and forced the company to shift more production to India. Apple said earlier this month that tariffs were expected to add about $900 million (roughly Rs. 7,638 crore) in costs during the April-J...
-
US, China Reach Deal To Slash Reciprocal Tariffs By 115%
The US and China will temporarily lower tariffs on each other's products, according to a joint statement released in Geneva, in a move to cool trade tensions and give the world's two largest economies three more months to resolve their differences.
-
This US-Owned Toy Factory In China May Shutdown Due To High Tariffs
The emails started pouring in on April 9, the day President Donald Trump's 145% tariff on Chinese imports took effect. Clients were canceling orders for toys from Huntar Company Inc.'s factory in Guangdong Province, China.
