The Trader 

Market Outlook: Trump, Apple and tariffs

The Trader

In a Tweet on Saturday President Trump urged Apple Inc. to shift production of all its mobile devices to the United States, part of the plan to restore manufacturing jobs at home.  This would mean that the company would avoid the tariffs coming into force on Chinese goods, something the firm spelled out in detail for the first time on Friday.  The California-based firm employs 10,000 on the Chinese mainland and another 3 million through its chain of components suppliers.  Shares in some of these firms slipped in Asia this morning.

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