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LATEST NEWS :China Warns of “Tit-For-Tat” on iPhone Sales If Trump Starts Trade War !

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Written by Prem Chauhan

LATEST NEWS :China Warns of “Tit-For-Tat” on iPhone Sales If Trump Starts Trade War !

It has only been a few days since Donald Trump was elected as the 45th President of the United States of America, but it seems that the President-elect Trump is already swimming in a sea of troubles, thanks to his pre-election statements where he hinted at making things worse for China in terms of trade. In fact, major corporations like Apple and top car manufacturers will be among the ones to face a major blow in the U.S.

In an article published in the Global Times, China’s state-run newspaper, it said “If Trump lists China as a currency manipulator and slap steep tariffs on Chinese imports, China will take countermeasures.” Woah, this means that China has very subtly warned (read: threatened) Trump to not mess with the trade affairs else the country will have to face the repercussions. Earlier, in September, Trump said that if he gets successfully elected he would impose a 45% tariff on imports from China.

The article mentioned that China will take a tit-for-tat approach where cars and iPhone sales in China will suffer, U.S. soybean and maize imports will be halted and a batch of Boeing orders will be replaced by Airbus. Furthermore, China also hinted on limiting the number of Chinese students studying in the U.S.

Calling Trump a “shrewd businessman”, the article even mentioned that Trump wouldn’t be so “naïve” to fiddle with the trade agreements. “Trump as a shrewd businessman will not be so naïve. None of the previous presidents were bold enough to launch an all-out trade war against China. They all opted for a cautious line since it’s most consistent with the overall interests of the U.S., and it’s most acceptable to the U.S. society.”china-will-cut-iphone-sale-in-the-us-if-trump-starts-trade-war-652x400-2-1479212850Given the reputation Apple holds globally, it tends to become an easy target for politics. Earlier too, Trump made comments demanding that the iPhone-manufacturer should produce the devices ‘in its homeland rather than overseas.’ There was a time when he even called for boycotting of its products. Despite the political tension, Apple CEO Tim Cook, asked his employees to “move forward together”, although he refrained from mentioning Trump or his past comments.

The newspaper even mentioned that it’s a ‘win-win situation’ for everyone if the current agreements are maintained. Seeing their confident and fearless reply, one can figure out that there is too much at stake and if both the economies head towards a trade war, several industries in the U.S. will have to face the damage.

So if Trump goes by his words and China retaliates, then what do we do? Well, we might just sit back and read about the entire ‘episode’ on our iPhones, with popcorns in one hand.

Source: Tech Crunch :

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About the author

Prem Chauhan

Hi all ! I am Prem Chauhan and I am a regular Script writer in "howtowhatis.net and anspoint" over all i am a blogger. my native place is Mumbai and i am graduated BCA in vivekananda college. My hobbies is to write posts and dancing, spending times with friends,reading latest news about technical fields . i am a free minded person, friendly nature. and I have started blogging in 2016 also have good information about technology,Entertainment,Gadgets,smartphones and I love to share my information with everyone etc etc..
This is about Me :)

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