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U.S. Tariffs on China Hurt Competitiveness, Apple Says

U.S. Tariffs on China Hurt Competitiveness, Apple Says

Enterprise & IT Jun 20,2019 0

Apple Inc id siding with other tech companies saying that the proposed U.S. tariffs on goods from China will reduce the company’s contributions to the U.S. economy and hurt its global competitiveness.

The U.S. government should not move ahead with a proposal to impose tariffs of up to 25% on another $300 billion worth of goods from China, the tech company said on Thursday.

Apple said the levies would also hit Airpods, AppleTVs and batteries and parts.

The United States and China leaders are expected to meet at the G20 in Japan next week. President Donald Trump had said he would consider placing tariffs on more Chinese goods after discussions fell apart in May.

Tags: Apple
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