Economists outline potential effects of Trump imposing an import tax on Apple, other tech companies

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Economists outline potential effects of Trump imposing an import tax on Apple, other tech companies

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<p>Much has already been said about Apple’s relationship with President Trump, but one campaign issue that’s still looming is the notion of an import tax. While on the campaign trail, Trump often mentioned the possibility of imposing a 45 percent import tariff on goods from China as well as a 35 percent tariff on imports from Mexico.</p>
<p>Since President Trump took office, however, those numbers have come down according to more recent reports. Nevertheless, such an import tax would have an impact on Apple and other tech companies…</p>
<p> <a href="https://9to5mac.com/2017/03/06/import-tax-iphone-trump/#more-470675" class="more-link">more…[/url]</p>
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Source: Economists outline potential effects of Trump imposing an import tax on Apple, other tech companies