Lates News

On May 23rd local time, President Trump of the United States stated that if Apple's phones sold in the United States are manufactured abroad, they should face at least a 25% tariff. US Treasury Secretary Mnuchin said in an interview on the same day that President Trump's intention is to bring back the precision manufacturing industry to the United States through Apple's relocation of its industrial chain. However, some American experts believe that the idea of Apple moving its production back to the US is "like a fairy tale" and that Apple would incur high costs and its product prices would skyrocket. Apple phones produced in the US would be sold at $3500, approximately 25100 RMB. Compared to spending a huge amount of money to move production lines back to the US, Apple prefers to increase its investment in the field of artificial intelligence. (CCTV news)