US and China impose additional sanctions - it is known which companies will suffer

news 01.09.2019 1 551

Starting today, September 1 between the United States and China began to act "mutual duties" on the introduction of a number of products in the framework of the economic war. Earlier it was reported that this will negatively affect the economy of Apple. America has increased 15% for the delivery of goods, with a total value of $ 120 billion. In particular, this applies to smart speakers, headphones and shoes. At the same time, the US president does not intend to dwell on this indicator. Soon, duties were reached on larger electronics, including smartphones, tablets, and PCs.

US and China impose additional sanctions - it is known which companies will suffer

China at the moment has introduced an additional 5% for the delivery of petroleum products. In addition, from 5 to 10% for the import of American goods, with a total value of $ 75 billion.


Who will suffer the most?

It is no secret that most American companies assemble their devices in China, so they will have to pay extra for each product brought to the United States in this way. As a result, companies will either have to raise prices or abandon profits. In particular, already 200 companies, including Nike, Adidas and Converse, have turned to the president to reconsider the decision. Including negotiations were held with Tim Cook - the head of Apple.

The latter corporation may lose about 500 million profit. This is only according to preliminary estimates.


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Comments (1)
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  1. igor
    #1 igor Guests
    Well sailed. Two world economies are beginning to apply tricks against each other. No one will win. Any enhancement of one country will be mirrored from another. There are chances for companies in each country to improve their position.

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