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Date: 5 months ago   Category: Companies

"Apple — the hostage of trade war". Trump has advised to transfer production from China to the USA


Prices for products of the company are threatened by "huge duties", the president has written. How really to make structures of Apple in the homeland of the company? Photo: Yui Mok\PA Images\TASS Donald Trump has advised Apple to transfer production to the USA. About it the American president has written to Twitter. According to him, prices for products of Apple are threatened by "huge duties with which Washington threatens to impose China". In case of transfer of production in the USA the company is waited by zero taxes and tax incentives, the president has promised. Trade war between the USA and China has begun in the middle of June when Trump has accused China of theft of the American intellectual property and technologies and declared introduction of 25 percent duties on the Chinese goods for the sum of 50 billion dollars. Beijing has answered symmetrically. But at the end of August the American president has told about plans to introduce duties on 200 billion, and at the beginning of September has promised to increase this sum on 267 billion. China has said that will answer similarly. How really to make structures of Apple in the homeland of the company? Eldar Murtazin is the leading analyst of Mobile Research Group "Production in China one of the cheapest today. There is an alternative in the form of Vietnam, Southeast Asia, but there levels and quality of production even for a year and a half can't be developed. It is possible to open some productions, but they won't be so volume as far as it is necessary for Apple. On the other hand, transfer of production in the USA means sharp rise in price of product cost that in the USA other norms of compensation work absolutely. Even if to use cheap Mexican work at the minimum rates, all the same the prime cost will grow. That is at any deal of Apple — the hostage of this situation. If China enters — and they will introduce — on production of Apple additional duties, they can make from 10% to 20%. Respectively, production will increase in the price at least of this sum. At the same time, if to look at Tim Cook's statement and the Apple companies after Donald Trump's tweet, Apple very accurately bypasses the question iPhone because it can cause panic at the exchange, proceeding from the fact that production iPhone which in turnover of revenue of the company occupy today 60% will become the purpose of China, certainly. If China strikes blow to Apple, they will put it on the most important product especially as this product can't be transferred to short terms on any other production. In fact, today the Apple company is completely dependent on China because the most part of components is manufactured in China, and at their export to other countries of the price will grow. That is, kind of they tried, China will take away the, directly or an indirect way. It means for Apple that if the situation isn't resolved, she will lose money, and in a large number". For the III quarter of Apple has earned from sales in China nearly 10 billion dollars. These are 18% of quarter income of the company. In August Apple became the first American company whose capitalization has exceeded 1 trillion dollars. To add BFM.ru

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