As the United States and China increase tariffs on each other, President Donald Trump said on Wednesday that companies should move production to America, explicitly calling out Apple.
Trump raised the tariff on China to 104% on Wednesday morning, sparking further retaliation from the communist country, which hit back and raised its total tariff on American goods to 84%. While the president said on Tuesday that he’s optimistic about China wanting “to make a deal” with the United States on trade, Chinese leaders are doubling down on fighting a trade war “to the end.”
“This is a GREAT time to move your COMPANY into the United States of America, like Apple, and so many others, in record numbers, are doing,” Trump wrote on Truth Social. “ZERO TARIFFS, and almost immediate Electrical/Energy hook ups and approvals. No Environmental Delays. DON’T WAIT, DO IT NOW!”
Among tech…
