2018-09-11 18:36:00 Tue ET
technology antitrust competition bilateral trade free trade fair trade trade agreement trade surplus trade deficit multilateralism neoliberalism world trade organization regulation public utility current account compliance
President Trump tweets that Apple can avoid tariff consequences by shifting its primary supply chain from China to America. These Trump tariffs on another $200 billion Chinese goods can affect iPhone, Apple Watch, and AirPods and adapters and chargers for a major host of iOS products. These tariffs can in turn raise prices for Apple consumers.
An Apple upstream supplier Foxconn moonlights new U.S. plant sites in addition to its recent liquid crystal display (LCD) plant establishment in Wisconsin. However, Foxconn and other Apple upstream suppliers still need to mull over whether it is sufficiently profitable to open new plants for AMOLED touch screens in America.
In a recent interview with CNBC news anchor Becky Quick, Berkshire Hathaway's Warren Buffett shares his view that many market watchers seem to underprice iPhone X [and its sequels]. In a recent press release, Apple raises the retail prices of iPhone Xs, iPhone Xs Max, and iPhone XR with higher-pixel camera resolution, longer battery life, and better digital storage.
In accordance with Apple CEO Tim Cook's prescient prediction, the Trump steel-and-aluminum tariffs may impact both the iPhone and iPad product lines when the Trump administration activates punitive tariffs on $200 billion Chinese imports.
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2019-11-23 08:33:00 Saturday ET
MIT financial economist Simon Johnson rethinks capitalism with better key market incentives. Johnson refers to the recent Business Roundtable CEO statement
2019-01-23 11:32:00 Wednesday ET
Higher public debt levels, global interest rate hikes, and subpar Chinese economic growth rates are the major risks to the world economy from 2019 to 2020.
2018-09-25 10:35:00 Tuesday ET
Sirius XM pays $3.5 billion shares to acquire the music app company Pandora. This acquisition would form the largest audio entertainment company worldwide.
2019-11-13 11:34:00 Wednesday ET
The new Brexit deal can boost British pound appreciation and economic optimism. British prime minister Boris Johnson wins the parliamentary vote on his new
2018-04-13 14:42:00 Friday ET
Mike Pompeo switches his critical role from CIA Director to State Secretary in a secret visit to North Korea with no regime change as the North Korean dicta
2018-11-19 09:38:00 Monday ET
The Trump administration mulls over antitrust actions against Amazon, Facebook, and Google. President Trump indicates that the $5 billion fine against Googl