Apple Watch, AirPods may be spared from Trump’s China tariffs

19 September, 2018, 03:01 | Author: Roderick Gutierrez
  • China warns it has no choice but to retaliate against the latest round of US tariffs but did not specify how. — Reuters pic

Mr Trump warned, in a statement, that if China takes retaliatory action against USA farmers or industries, "we will immediately pursue phase three, which is tariffs on approximately $US267 billion of additional imports".

The Wall Street Journal reported on Saturday that the USA plans to impose 10 percent tariffs on $200 billion of Chinese goods in the coming days and they will take effect within weeks.

President Donald Trump has been upset at the size of the USA trade deficit with China and has instigated a trade war with the country in an attempt to lower the gap between the value of Chinese imports of US goods and US imports of Chinese goods.

At nearly the same time the tariff list was released in Beijing, President Donald Trump on Tuesday threatened more counter-measures against China if it targets politically potent USA agricultural products for retaliation.

"China has openly stated that they are actively trying to impact and change our election by attacking our farmers, ranchers and industrial workers due to their loyalty to me", Trump tweeted. "What China does not understand is that these people are great patriots and fully understand that".

The Trump Administration upping the tariff fight with China - announcing Monday it plans to slap tariffs on $200 billion worth of Chinese-made goods, a move that will drag the consumer electronics sector into the brawl. The Associated Press reported that the Chinese government announced a "tariff hike on $60B of USA products in response to Trump duty increase in technology dispute".

Trump warned on Monday that if China takes retaliatory action against USA farmers or industries, "we will immediately pursue phase three, which is tariffs on approximately $267 billion of additional imports".

European Chamber President Mats Harborn said engagement on the part of Washington and Beijing is the answer.

In a victory for Apple and its U.S. customers, smart watches and some other consumer electronics products were removed from the latest list.

As Beijing runs out of US goods for retaliation, American companies say regulators are starting to disrupt their operations.


Trump also accused Chinese corporations of stealing American technology and intellectual property.

The report said China is reviewing its previous plans to send a delegation headed by Vice-Premier Liu to the USA next week for fresh round of talks. After Trump announced tariffs on washing machines toward the start of 2018, the price for laundry equipment shot up 16 percent between February and May, according to an analysis by Mark Perry, an economics professor at the Flint campus of the University of MI and a scholar at the American Enterprise Institute, a conservative think tank. Tariffs can be effective in narrow cases to offset government subsidies that create cheap exports to the US and others to boost economic growth, a practice sometimes called "dumping", or to protect endangered domestic industries that have national or cultural importance.

The U.S. duties targeted Chinese goods Washington says have benefited from improper industrial policies.

After Apple's comments, Trump said in a tweet said that there was an "easy solution" for Apple to avoid tariffs.

The tariffs "will create lasting harm to communities across the country", said Dean Garfield, president and chief executive of the Information Technology Industry Council, a trade goup that includes Apple, Amazon and other large tech firms.

"If the United States launches any new tariff measures, China will have to take countermeasures to firmly ensure our legitimate rights and interests", Foreign Ministry spokesman Geng Shuang told reporters ahead of the expected announcement.

Beijing is still ready to negotiate an end to the trade tensions, it said. Tariffs would make it more expensive to develop and release new products, and if those costs aren't passed on to consumers, a company will either have to watch its profit margins dwindle or stop making affected products entirely.

Ross also said the U.S. was actively pursuing action against China through the World Trade Organisation (WTO), a process the secretary said was supported by Japan and the EU. "U.S. household will soon face higher prices for common goods", he said.

"Its CEO Dean Garfield said in a statement: ".China must change, but this is not the way to achieve the needed market access in China.

Trump said China had refused to change the unfair practices that hurt USA businesses and workers.

Recommended:

  • IPhone Xs and Xs Max Price, Specifications and Release Date in Pakistan

    IPhone Xs and Xs Max Price, Specifications and Release Date in Pakistan

    Coming to the pricing, the Apple Watch Series 4 with GPS starts at $399 while the GPS + Cellular model is priced at $499. The iPhone Xs , starting at $999, succeeds last year's flagship model with a faster A12 processor and updated cameras .

    Bezos says Amazon’s second headquarters will be revealed by end of 2018

    With #PJammin, scores of Amazon employees joined their boss to support the cause and drive attention to raise awareness. Citing the Amazon mantra of customer obsession, Bezos said in a tweet here: "The child will be the customer".
    'It's just a heck of a storm,' Florence hurricane hunter says

    'It's just a heck of a storm,' Florence hurricane hunter says

    Hurricane Florence, meanwhile, is still forecast to strike North Carolina and SC on September 13. When Florence will reach the US , he is the hurricane of the 4th category out of five, say.
  • Federal officials halt immigration arrests during Hurricane Florence

    North Carolina alone is forecast to get 36 trillion litres, enough to cover the Tar Heel state to a depth of about 25 centimetres. By that time, emergency crews had already been deployed to parts of the state where people were trapped by floodwaters.
    Hailey Baldwin Says She and Justin Bieber Have Not Gotten Married

    Hailey Baldwin Says She and Justin Bieber Have Not Gotten Married

    They were supposedly married a day after they were spotted at a marriage license courthouse in NY in photos obtained by TMZ . The couple dated in 2016 before splitting, and have known each other for some time (they met as young teenagers in 2009).
    Jaitley Must Resign From Cabinet, Says Rahul

    Jaitley Must Resign From Cabinet, Says Rahul

    Party spokesperson Abhishek Manu Singhvi said that for the past 18 months, the Congress had been asserting that not only Mr. Jaitley said Mallya "misused" the privilege of being a Rajya Sabha MP to catch him in corridors of Parliament. .
  • Kenyan Eliud Kipchoge sets new marathon world record

    Kenyan Eliud Kipchoge sets new marathon world record

    The legendary Kipchoge, who won in Berlin in 2015, defeated Amos Kipruto who finished the race in 2:06:20. The hope was that a conservative start would pay off, if Kipchoge blew up from the aggressive pace.
    Hurricane Florence causes 'catastrophic' flooding after hitting U.S.  coast

    Hurricane Florence causes 'catastrophic' flooding after hitting U.S. coast

    Storm surge has accounted for about half of the deaths in hurricanes since 1970, according to the National Hurricane Center. The hurricane has claimed its first victims as it crashed into North Carolina, making landfall near Wrightsville Beach.
    South Africa has terrible crime stats

    South Africa has terrible crime stats

    Police committee chairperson Francois Beukman adds: "The murder increase of 6.9% is really alarming and totally unacceptable". Gauteng recorded 108 child murders, the Free State 52, North West 49, Mpumalanga 46, Limpopo 31, and Northern Cape 19.
  • Hurricane Florence from space

    Hurricane Florence from space

    And the storm surge, which could be as much as 12 feet in some areas, will be on top of sea level rise from climate change. He has warned residents that they are on their own if they refuse to leave. "Now it might be time for the exam", he said.
    The network was flooded with memes and jokes about the new iPhone

    The network was flooded with memes and jokes about the new iPhone

    All of the data and stats collected are then synced with the health app and ECG can be shared as a pdf file with doctors. Physicians say the watch could be good for patients who have irregular heart rhythms but may not realize it.
    Bob Woodward: Mattis, Kelly denials of his book quotes untrue

    Bob Woodward: Mattis, Kelly denials of his book quotes untrue

    Kelly is quoted calling Trump "an idiot" while Mattis is quoted saying Trump has the understanding of "a fifth- or sixth-grader". In the piece, an unnamed senior administration official says people within the White House are actively "thwarting Mr.


Popular

PSG coach Tuchel: Liverpool geniune Champions League contenders
Jurgen Klopp has defended Paris Saint-Germain forward Neymar over accusations that he goes to ground too easily. Klopp has won eight, and lost just one, of 12 previous meetings with Tuchel .

Mohamed Salah encouraged to be selfish following Tottenham win
How do you prepare for a game when you don't focus on it? "I'm not going to start condemning the forwards though, after such a good win".

Federal Government To Test ‘Presidential Alert’ System Thursday
Finally, all EAS participants will also be required to file a post-test ETRS Form 3 no later than November 5. In the event of an actual emergency, FEMA said that it will postpone the test until October 3.

Brett Kavanaugh Accuser Comes Forward
The existence of the letter and some details of its contents became public in recent days, however. And, like in 1991, Ford will face a Senate Judiciary Committee in which every GOP member is male.

Turkey bolsters military presence in Syria's Idlib
Ankara initially sent in its troops more than two years ago to push out the Islamic State group and Syrian Kurdish fighters. The planned zone would be 15- to 20 kilometers deep, said Putin , and patrolled by Turkish and Russian soldiers.

Patriots trade for Browns WR Josh Gordon
To make room for Gordon, the Patriots cut recently signed wide receiver Corey Coleman , according to multiple reports . Gordon was on the field for 69 snaps (78 percent of the Browns' plays), but had only three passes thrown his way.

India's oil imports from Iran to decrease further
But if Washington adopts a tough line, India would have no other choice than to end imports from Iran , they said. Oil prices have risen faster than anticipated in the first half of the year, hitting a 3.5-year high above $80.

Six strawberry brands now affected after needle tampering
A New South Wales mother has also come forward, after finding needles hidden in a punnet of strawberries bought from a Coles supermarket.

UNC, NC State cancel football games due to Hurricane Florence
Tuesday, Hurricane Florence had maximum sustained winds of about 130 miles per hour , a slight weakening from earlier the morning. And no one knows how far inland that coastal flooding will spread, or how many inland communities will be washed out.

Eminem rips into Machine Gun Kelly with new track Killshot
The 45-year-old insisted he did like Tyler , but he kicked off after the rival rapper made a decision to publicly slate his song. I'm not going to be America's punching bag, and have motherfuckers think it's cool to say whatever the fuck they want about me.