Trump Offers Tax Break to Apple to Build in US

Ford canceled plans to import a car from China because of tariffs. Contrary to Trump's tweet the carmaker says it can't make money building it here

"It would not be profitable to build the Focus Active in the US given an expected annual sales volume of fewer than 50,000 units and its competitive segment". Make your products in the United States instead of China.

"If the US side obstinately clings to its course and takes any new tariff measures against China, then the Chinese side will inevitably take countermeasures to resolutely protect our legitimate rights", Foreign Ministry spokesman Geng Shuang told a regular briefing, when asked about Trump's warning. American officials worry they might erode USA industrial dominance. "In addition, Ford is growing its USA vehicle lineup - including introducing all-new trucks, utilities, hybrids and fully electric vehicles - and is committed to returning operating margins to 10 percent in North America".

The potential for a U.S. Federal Reserve rate hike after a U.S. labor market report showed wages posting their largest annual increase in more than nine years pushed 2-year Treasury yields to 2.715 percent, the highest in 10 years.

Dell, Cisco, Juniper Networks and Hewlett Packard said the tariffs would increase the costs of their networking equipment, damaging the companies' bottom lines and leading to possible USA job losses.

Writing this spring, auto and Driver described the Focus Active as "a four-door Focus hatchback with a 1.2-inch suspension lift, black plastic around the wheel arches, faux skid plates at front and rear, and a slightly different front bumper and grille design". It stopped making Focus sedans at a Wayne, Michigan, plant in Would per chance perhaps additionally fair. The Mac mini desktop computer, Apple Pencil stylus accessory for iPads, various chargers and adapters and tooling equipment used to manufacturer and design some products in the US will also be affected, the Cupertino, California-based company told the Office of US Trade Representative in a letter dated 5 September. Chinese imports of US goods rose 11.1 per cent to $13.3 billion. "And according to the best estimates, Ford makes over 90 percent of its profits on its F-Series trucks". But they reject Trump's demand to roll back official industry plans such as "Made in China 2025", which calls for state-led creation of global champions in robotics, artificial intelligence and other technologies.

Mr. Trump presumably learned about Ford's decision to cancel the Focus Active from a TV news program and inferred the announcement meant that Ford would build the CUV in America.

With the cancelation of the Focus Active, a Ford spokesman confirms, the Mustang will eventually be the only Ford vehicle model sold in the U.S.


The administration in July implemented a 27.5 percent tariff on cars imported from China, which the Asian nation countered with a 40 percent levy on USA automobile imports.

The company said the tariffs would "show up as a tax on U.S. consumers" and "increase the cost of Apple products that our customers have come to rely on in their daily lives".

In a tweet sent on September 8, the USA president wrote: "Apple prices may increase because of the massive tariffs we may be imposing on China - but there is an easy solution where there would be ZERO tax, and indeed a tax incentive".

Manufacturing iPhones in the USA would increase prices too.

Other tech companies have expressed concern, too.

In a statement released to the press while aboard the US Air Force One, Trump referred to the USD$200 billion import tariff as a policy that could happen much sooner depending on how Beijing is going to react against it.

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