How Apple Is Reacting to Trump's Tariffs
President Donald Trump has made trade one of his signature issues since early in his 2016 campaign. In office, he has pushed back on trade relationships that he views as imbalanced -- with China, in particular, in his crosshairs.
Of course, trade isn't just about countries. It's also about corporations, many of which are de facto international "citizens." What the United States imports from China includes things made by American companies -- including Apple (NASDAQ: AAPL), which relies heavily on Chinese manufacturing. Since President Trump's trade talks with China began to fall apart in late 2017 and early 2018, Apple has been scrambling to develop new strategies in the face of imminent new tariffs in a larger trade war with China.
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Source Fool.com
