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Apple silent as Trump promises “impossible” US-made iPhones | How does Apple solve a problem like Trump’s trade war?
How does Apple solve a problem like Trump’s trade war?
Despite a recent pause on some tariffs, Apple remains in a particularly thorny spot as Donald Trump's trade war spikes costs in the tech company's iPhone manufacturing hub, China. And if Apple is forced to increase prices, it likely won't be limited to just the US, Bank of America Securities analyst Wamsi Mohan suggested, as reported by The Guardian. For example, CNBC noted that Foxconn hired 50,000 additional workers last fall at its largest China plant just to build enough iPhones to meet demand during the latest September launches.
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