Trump Denies Tariffs Waivers to Apple for China-Made Components for its Mac Pro

On Friday, Trump announced that his government would not exempt any tariffs on Chinese manufactured components for Apple's Mac Pro computer.

Trump Turns his Attention on Apple

US President Donald Trump is at it again, and this time, his target is Apple. On Friday, Trump announced that his government would not exempt any tariffs on Chinese manufactured components for Apple’s Mac Pro computer. He even hinted that a better way to go about it for Apple would be to build a plant in Texas instead.

On July 18, Apple had applied for a waiver on 25% tariffs on 15 components, including some that are used to build its Mac Pro computers. While addressing reporters, Trump stated, “I want Apple to build their plants in the United States. I don’t want them to build them in China.”

He also remarked that if Apple still wanted to ahead and build its plants in China, then the finished products will have to pay tariffs upon entering the US markets. This was in response to a news story on the Wall Street Journal in June, which reported that Apple was considering shifting manufacturing of its Mac Pro computer from Texas to China.

ABOUT THE AUTHOR See More
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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