One of the promises made by president-elect Donald Trump during the presidential race was a 45 percent import tariff on Chinese products, as he wanted US companies to rely more on local workforce and less on overseas production.
And now that Trump has been elected President, China warns that should the large import tariff go through, it can have serious consequences on the country’s relationship with China.
An article published in the Global Times, a Communist party-backed newspaper, names the iPhone as one of the products that would be hurt if Donald Trump goes forward with his plan for the hefty tax on Chinese imports.
“A batch of Boeing orders will be replaced by Airbus. U.S. auto and iPhone sales in China will suffer a setback, and U.S. soybean and maize imports will be halted. China can also limit the number of Chinese students studying in the U.S.,” the article reads according to <a href="http://www.cnbc.com/2016/11/14/apple-iphones-could-be-hit-if-trump-imp… (read more)
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