Saturday, 15 December, 2018


Apple says tariffs on Chinese goods will raise prices for U.S. consumers

Conrad Doyle | 10 September, 2018, 22:24

The President thought these tariffs would force the automaker to shift production of the Focus Active from China to the US but Ford says that isn't happening.

"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", Mike Levine, a spokesman for the company, tweeted in response to the president's tweet.

He'd been responding to an August 31 report about Ford's decision to cancel plans to sell the Chinese-made Focus Active in the US because of the taxes on Chinese imports. Simply put, establishing a local production of the auto would not make a successful business case.

"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".

Trump's comment came after Apple told USA trade officials on Friday that proposed tariffs by Washington in an escalating trade war with China would affect prices for a "wide range" of Apple items, including the Apple Watch. Back in May, CEO Tim Cook told Trump that duties "were not the right approach".

Then, after Trump started threatening his new tariffs against China, Ford decided in August that it wouldn't sell the Focus Active in the USA after all.

Neither Apple nor the White House immediately responded to requests for comment. While Ford might choose not to build the Focus in China, it does have a multiple number of plants in other countries it can choose to build the small hatchback in.

On July 6, the United States started to impose a 25 per cent tax on $34 billion worth of Chinese imports, including motor vehicles.

For instance, as CNBC reported, the Koch Network launched a six-figure ad campaign, meant to campaign against Trump's tariffs. He also called on Apple to make its products in the United States.

Trump's threatened tariffs cover a total of $517 billion in Chinese goods, which would exceed last year's goods imports of $505 billion from China.

The plan, said industry analyst Ed Kim of AutoPacific, was to pare down the Focus lineup to Active wagons and import them from China.

In April, Ford announced plans to stop making cars in the United States - except for the iconic Mustang - and to focus on more profitable SUVs.

Recommended

loading...
...

Colts' Andrew Luck Admits He Aggravated His Recovery In A Snowboarding Accident Colts' Andrew Luck Admits He Aggravated His Recovery In A Snowboarding Accident He immediately informed the Colts of the incident, and seemed to downplay the magnitude of the sprained AC joint. But further shoulder complications throughout that season led to Luck finally having surgery in January 2017.

Myanmar says International Criminal Court has no jurisdiction in Rohingya crisis Myanmar says International Criminal Court has no jurisdiction in Rohingya crisis Tens of thousands of Rohingya refugees staged protests 10 days ago to mark the first anniversary of the flight from Myanmar demanding "justice".

John Legend becomes youngest person to reach EGOT status John Legend becomes youngest person to reach EGOT status Congrats on that EGOT , John . "And I say hey, what wonderful kind of day", she captioned the video. Legend has joined the ranks of artists like Audrey Hepburn , Whoopi Goldberg and Mel Brooks .

Olivia Newton-John diagnosed with cancer for the third time Olivia Newton-John diagnosed with cancer for the third time The English-born entertainer has become a fierce advocate for breast cancer screening in the 26 years since her first diagnosis. Among the stars who spoke about Newton-John on 7's Sunday Night programme were Sir Barry Gibb and Sir Cliff Richard.

Watch Husband Ohanian’s Touching Celebration Of Serena’s Run To US Open Final Watch Husband Ohanian’s Touching Celebration Of Serena’s Run To US Open Final She resumed that argument after the second violation, still angry about the first violation. I have great volleys, or else I wouldn't have won so many Grand Slam doubles title.

Titans TE Delanie Walker carted off with lower leg injury Titans TE Delanie Walker carted off with lower leg injury The teams went to the locker room during the delay and stayed on the field for halftime, which was shortened to three minutes. The game didn't resume until almost two hours later, when the AFC squads came onto the field to close the half.

Asian shares on slippery slope as Trump ups ante in trade war Chinese regulators have so far targeted farm goods and other exports from states that supported Trump in the 2016 election. The United States imported $3 of Chinese goods a year ago for every $1 of American goods bought by China.

Police chase shuts down airport runway, flights cancelled Police chase shuts down airport runway, flights cancelled The driver then jumped out while the vehicle was still rolling and sprinted off on foot, pursued by a police van. Police sources told French media that the situation on the runway was " complicated ".

Boris Johnson calls for tax cuts for a ‘dynamic’ post-Brexit Britain Boris Johnson calls for tax cuts for a ‘dynamic’ post-Brexit Britain A 4,000-word dossier detailing Boris Johnson's past indiscretions was circulated in Westminster hours before it was revealed that he had separated from his wife.

Aaron Rodgers says ‘I’m planning on playing’ vs. Minnesota after knee injury Aaron Rodgers says ‘I’m planning on playing’ vs. Minnesota after knee injury The debut of Mack was spoiled with a crushing loss . "I'm playing next week", Rodgers said as a very full night came to a close . He brought the Green Bay Packers back with him. "You want to win", Mack said. "Something we can definitely learn from".

Apple's 2018 iPhones: Naming, specs, price, launch and availability Apple's 2018 iPhones: Naming, specs, price, launch and availability However, noted Apple analyst Ming Chi Kuo had gone ahead to say that Apple iPhones in 2018 will not come with Pencil support. The report pegged iPhone Xs Plus will have a price of $1,049, while iPhone XS will be at the $999.

Sweden's ruling party hits election low as far right grows Sweden's ruling party hits election low as far right grows The number was far lower than the asylum-seekers Germany accepted that year, but the highest per capita of any European nation. While the final election results were due late Sunday, the composition of the next government may not be known for weeks.

7 injured in Paris knife attack; terrorism not suspected 7 injured in Paris knife attack; terrorism not suspected Le Parisien newspaper said one of the British tourists suffered a chest injury while the other was stabbed in the head. The man attacked three individuals outside the MK2 cinema complex, before attacking another four individuals.

Obama rallies Democrats, Pence disappointed Obama rallies Democrats, Pence disappointed Obama's criticism extended beyond Trump, to the party he now leads, the Republican-led Congress and members of his Administration. Mr Obama condemned Mr Trump's pressuring of law enforcement officials, including Attorney General Jeff Sessions .

Meghan Markle And Prince Harry PDA Video At WellChild Awards Meghan Markle And Prince Harry PDA Video At WellChild Awards The couple eattended the Well Child Awards earlier this week to celebrate the bravery and courage of seriously ill children . The gala concert marked the centenary of the end of World War I and raised funds for veterans groups.