Apple: What a trade war would mean for US tech giants

Tariffs are just one of Trump’s weapons to move manufacturing and the global supply chain back to the US. Companies such as Apple could face a potential 40% increase in production costs, Goldman Sachs estimates.

By Larissa Ku

Mar 29, 2018

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Global stock markets are experiencing historic levels of volatility, not least due to the escalation of a potential trade war triggered by a protectionist US President Donald Trump keen to bring manufacturing home and erase a $350 million trade deficit with China.

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