Tim Cook is confident that the escalation of the trade war will not affect Apple products

In an interview with CNBC on Tuesday, Apple CEO Tim Cook said, which does not consider the scenario likely, during which the products of the American giant from Cupertino will fall under the sanctions of the Chinese authorities. The danger in this direction is intensifying as friction between the US and China grows, which has already resulted in huge tariff hikes. The U.S. previously imposed 25 percent duties on about $200 billion worth of goods from China. In response, on June 1, China imposed its 25 percent tariffs on more than 5000 U.S. goods worth about $60 billion. rise in price by hundreds of dollars.

Tim Cook is confident that the escalation of the trade war will not affect Apple products

As Tim Cook explains, iPhone smartphones are mostly only assembled in China, while companies "all over the world" are engaged in the production of components for them. Indeed, the production of chips and components of Apple smartphones is carried out in Japan, South Korea, Taiwan and Europe. But even if this does not deter the Chinese authorities from raising duties on Apple products, it will, first of all, rise in price for Chinese consumers. In yuan terms, Apple smartphones, tablets and computers will rise significantly in price if China decides to impose a 25% duty on Apple-branded products. According to the head of Apple, this is the least likely scenario that the authorities of the Celestial Empire are ready to take.

The United States, represented by the current President Donald Trump, went to the destruction of the globalist world, carefully built since the late 90s of the last century. Therefore, Tim Cook has many new and unusual discoveries ahead, among which the possible sacrifice of Apple may not be the saddest event in terms of consequences.



Source: 3dnews.ru

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