[ad_1] Reports have circulated that Apple was moving production to China, but that’s not necessarily the case. Tim Cook mentioned during Apple’s latest earnings call that the company wanted to keep making Mac Pros in the US and was investing in additional capacity. Even if Apple does assemble the reworked Mac in the US, though, […]
Category: tariff
Tariffs hit Apple and other tech companies tomorrow
[ad_1] The tariffs will also affect a range of components, including cameras, flash storage, optical discs (like Blu-ray and DVD) and lithium-ion batteries. A further wave of tariffs affecting prices for phones, laptops, consoles and other tech is due on December 15th barring negotiation. It’s uncertain if Apple or other companies will raise prices to […]
China gives Tesla a pass on trade-war tariffs
[ad_1] Earlier this month, China said it would reinstate some car tariffs it paused in April, including a 25 percent levy on vehicles from the US and a five percent tariff on auto parts. They’re set to come into force December 15th as part of a wave of tariffs China announced in response to the […]
Tesla will reportedly raise prices in China again this week
[ad_1] Last week, China announced a raft of new levies on $75 billion of imported American goods. Among them was a plan to revive a 25 percent tariff on US cars that was suspended last December, along with an extra 10 percent levy on certain cars and five percent on auto parts. Those would bump […]
China’s latest retaliatory tariffs could pose trouble for Tesla
[ad_1] While Tesla does have a factory in Shanghai, it’s not expected to start producing cars until later in 2019. Until it ramps up in earnest, the company will have to import EVs. BMW and Mercedes, meanwhile, ship many SUVs to China from American plants. The new round of tariffs also slaps 5 percent more […]
Trump announces more tariffs on goods made in China
[ad_1] …buy agricultural product from the U.S. in large quantities, but did not do so. Additionally, my friend President Xi said that he would stop the sale of Fentanyl to the United States – this never happened, and many Americans continue to die! Trade talks are continuing, and… — Donald J. Trump (@realDonaldTrump) August 1, […]
Research group says America’s favorite TV size is now 65 inches
[ad_1] One main reason for that seemingly odd trend is that manufacturers hoarded vast inventories of TVs ahead of a planned 25 percent tariff on Chinese products. However, the US and China cooled their trade war somewhat after a meeting between President Donald Trump and President Xi Jinping at G20, with Trump confirming the US […]
Trump to lift some restrictions on Huawei as part of China truce
[ad_1] The change of heart leaves Huawei highly restricted. It’s still on the Commerce Department’s Entities List, preventing it doing business with US companies unless there’s explicit government approval. Trump said the US would decide on removing Huawei from the list later, and noted that there was a meeting to discuss the subject on July […]
Apple will reportedly manufacture its $6,000 Mac Pro in China
[ad_1] According to Wall Street Journal sources, Apple will work with Quanta Computer Inc., out of a factory near Shanghai. That facility is close to other Apple suppliers, which could help the company lower its shipping costs, and manufacturing labor costs in China are still much lower than those in the US. Apple has a […]
Tesla granted tariff exemption on Japanese aluminum for battery cells
[ad_1] Tesla said in its request the battery cells are used to power the Model 3 as well as in its energy storage systems, such as the Powerwall and Powerpack. “Tesla is the only US manufacturer of these battery types and planned production of these batteries will increase exponentially over the next few years,” it […]