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Key Apple Supplier Eyeing Production Move to US in Response to Tariffs
Apple supplier Luxshare is weighing the possibility of manufacturing some products in the United States as it seeks to address the implications of...
Apple supplier Luxshare is weighing the possibility of manufacturing some products in the United States as it seeks to address the implications of new tariffs on goods exported from China, Reuters reports. In the call, Wang noted that while the United States' newly imposed tariffs would have limited short-term financial impact due to the small volume of finished goods Luxshare currently exports directly to the U.S., the company is nonetheless examining its global investment strategy with an eye toward reducing exposure to future trade disruptions. U.S. President Donald Trump "absolutely" believes that Apple could manufacture its iPhones and other devices in the United States, Press Secretary Karoline Leavitt said today during a media briefing.
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