Three reasons Apple tariffs absolutely won’t be reapplied

Let’s see, where are we in the Trump tariff saga? After the White House increased tariffs on Chinese imports five times in the space of nine weeks, we then got a “pause” and an exemption on consumer electronics products – before the latest development. Namely, the White House yesterday said that the exemption, which covers all Apple products, was only a temporary one, lasting 1-2 months. However, there are three reasons why this is exceedingly unlikely to be true … Your series recap February 1: Trump imposes blanket 10% tariffs on all goods imported from China February 4: This tariff takes effect March 4: Trump increases the tariff to 20% March 12: This takes effect April 2: Trump adds a further 34%; China matches this April 7: Trump threatens a further 50% increase if China doesn’t cancel matching tariffs April 9: Trump increases Chinese tariffs to 104%; China matches this Later the same day: Trump increases the tariff to 145% April 12: Trump exempts product catego ... Read full article.