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Apple to Source Billions of US-Made Chips in Supply Chain Shift
Apple to source more than 19 billion chips from the US this year. Company CEO Tim Cook affirmed expectations that Apple will in future make the vast majority of its US-bound iPhones in India — reducing output from China as the Donald Trump administration threatens to slap punitive tariffs on its Asian rival.
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Apple To Source Majority Of US iPhones From India In June Quarter: Tim Cook
Apple will source the majority of the iPhone sold in the US from India in the June quarter while China will produce the vast majority of the devices for other markets amid uncertainty over tax tariffs, top official said.
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China Says 'Evaluating' US Tariff Talks Talks, But Wants Trump's "Sincerity"
Punishing US tariffs that have reached 145 percent on many Chinese products came into force in April while Beijing has responded with fresh 125 percent duties on imports from the United States.
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"Kids Will Have 2 Dolls Instead Of 30": Trump Downplays Trade War Impact
US President Trump defended his tariff strategy against China, claiming Americans could manage with fewer imports.
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US "Proactively" Reaching Out To China For Talks On Tariffs: Report
Punishing US tariffs reached 145 percent on many Chinese products, while Beijing responded with fresh 125 percent duties on imports from US.
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iPhone Production Said to Have Started at New Tata Plant, Foxconn Close Behind as Apple Looks to India
A new plant making iPhones in southern India has started production and another will begin shipments in May, as Apple looks to boost manufacturing beyond its tariff-hit main manufacturing hub, China, sources said.
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Xi Is Trying To Turn World Against US As Trump Cuts Deals
President Xi Jinping's diplomats are fanning out across the world with a clear message for countries cutting deals with Donald Trump: The US is a bully that can't be trusted.
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China's "Won't Kneel Down" Video Message To US Over Trump's Tariff
As US President Donald Trump completed 100 days of his second term, China rebuked the American leader's trade war in a fiery video declaring it will "never kneel down" to his trade policies.
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Apple Investors Seek Clarity On Tariffs, AI Strategy As iPhone Sales Decline
Apple is expected to face a string of questions over the delayed roll-out of key AI features and the impact of the Sino-U.S. tariff standoff on its business, when it reports results on Thursday.
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Trump Trade War Dominates BRICS Meeting In Brazil
The foreign ministers of Brazil, China, Russia and other BRICS members began two days of talks in Rio de Janeiro Monday aimed at forging a united front to US President Donald Trump's aggressive trade policies.
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Wall Street Stock Rally Falters As Trump Touts 50% Tariff Victory
Wall Street stock markets wobbled at the start of trading on Friday after President Donald Trump indicated he envisages stiff US tariffs even after reaching trade deals.
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China Waives Tariffs On Some US Items, Denies Trump's Claim Of Ongoing Talks
China exempted some US imports from its steep tariffs in a sign on Friday that the trade war between the two countries could be easing, though China quickly knocked down US President Donald Trump's assertion that negotiations were underway.
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China Likely To Exempt Some US Goods From Tariffs As Costs Rise: Report
Authorities are considering removing the additional levies for medical equipment and some industrial chemicals like ethane.
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Opinion | China's Real Problem Is At Home
Governments are unwilling to give China's overcapacity a free pass anymore. Higher tariffs against it will stay even if this round of the US-China trade war is settled.
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Will China Open Door For Trade Talks As Trump Considers Cutting Tariffs?
After US President Donald Trump signalled a potential U-turn on his tariff war with China, Beijing said its door was "wide open" for trade talks with Washington, but won't proceed with it under continued threats from the Trump administration.
-
Apple to Source Billions of US-Made Chips in Supply Chain Shift
Apple to source more than 19 billion chips from the US this year. Company CEO Tim Cook affirmed expectations that Apple will in future make the vast majority of its US-bound iPhones in India — reducing output from China as the Donald Trump administration threatens to slap punitive tariffs on its Asian rival.
-
Apple To Source Majority Of US iPhones From India In June Quarter: Tim Cook
Apple will source the majority of the iPhone sold in the US from India in the June quarter while China will produce the vast majority of the devices for other markets amid uncertainty over tax tariffs, top official said.
-
China Says 'Evaluating' US Tariff Talks Talks, But Wants Trump's "Sincerity"
Punishing US tariffs that have reached 145 percent on many Chinese products came into force in April while Beijing has responded with fresh 125 percent duties on imports from the United States.
-
"Kids Will Have 2 Dolls Instead Of 30": Trump Downplays Trade War Impact
US President Trump defended his tariff strategy against China, claiming Americans could manage with fewer imports.
-
US "Proactively" Reaching Out To China For Talks On Tariffs: Report
Punishing US tariffs reached 145 percent on many Chinese products, while Beijing responded with fresh 125 percent duties on imports from US.
-
iPhone Production Said to Have Started at New Tata Plant, Foxconn Close Behind as Apple Looks to India
A new plant making iPhones in southern India has started production and another will begin shipments in May, as Apple looks to boost manufacturing beyond its tariff-hit main manufacturing hub, China, sources said.
-
Xi Is Trying To Turn World Against US As Trump Cuts Deals
President Xi Jinping's diplomats are fanning out across the world with a clear message for countries cutting deals with Donald Trump: The US is a bully that can't be trusted.
-
China's "Won't Kneel Down" Video Message To US Over Trump's Tariff
As US President Donald Trump completed 100 days of his second term, China rebuked the American leader's trade war in a fiery video declaring it will "never kneel down" to his trade policies.
-
Apple Investors Seek Clarity On Tariffs, AI Strategy As iPhone Sales Decline
Apple is expected to face a string of questions over the delayed roll-out of key AI features and the impact of the Sino-U.S. tariff standoff on its business, when it reports results on Thursday.
-
Trump Trade War Dominates BRICS Meeting In Brazil
The foreign ministers of Brazil, China, Russia and other BRICS members began two days of talks in Rio de Janeiro Monday aimed at forging a united front to US President Donald Trump's aggressive trade policies.
-
Wall Street Stock Rally Falters As Trump Touts 50% Tariff Victory
Wall Street stock markets wobbled at the start of trading on Friday after President Donald Trump indicated he envisages stiff US tariffs even after reaching trade deals.
-
China Waives Tariffs On Some US Items, Denies Trump's Claim Of Ongoing Talks
China exempted some US imports from its steep tariffs in a sign on Friday that the trade war between the two countries could be easing, though China quickly knocked down US President Donald Trump's assertion that negotiations were underway.
-
China Likely To Exempt Some US Goods From Tariffs As Costs Rise: Report
Authorities are considering removing the additional levies for medical equipment and some industrial chemicals like ethane.
-
Opinion | China's Real Problem Is At Home
Governments are unwilling to give China's overcapacity a free pass anymore. Higher tariffs against it will stay even if this round of the US-China trade war is settled.
-
Will China Open Door For Trade Talks As Trump Considers Cutting Tariffs?
After US President Donald Trump signalled a potential U-turn on his tariff war with China, Beijing said its door was "wide open" for trade talks with Washington, but won't proceed with it under continued threats from the Trump administration.
