Donald Trump plans to tax Apple for production in other countries

President Donald Trump plans to tax Apple and other similar companies for production in other countries. The president said that taxation will be an incentive – if companies do not want to pay money, they will have to move production to their home country.

According to the GSMArena, citing officials from the presidential administration, this is in fact another attempt to “take out” production from China. At the same time, it seems that there are no tax breaks for certain companies.

Journalists remind that since Trump began to impose tariffs on Chinese imports, American companies have lost $46 billion. Now the president is even arguing for the complete transfer of production in the U.S., as he considers supply chains “stupid.

This situation raises an interesting question: Will the introduction of the new tax increase prices for iPhones, which are collected at factories in China?




Leave a Reply