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Apple suppliers considering moving iPhone output if tariffs hit 25%

Dec 13, 2018 by The Passage Team
Apple suppliers considering moving iPhone output if tariffs hit 25%

Apple Inc.’s suppliers will keep making iPhones in China if the US imposes tariffs on the devices -- unless those levies skyrocket.

Suppliers figure they can keep production in China at a 10% tariff level but will consider shifting out of the country if the US moves to 25%. Apple and its partners are assessing their supply chains as the US and China fight over trade terms between the world’s two largest economies.

iPhones -- the majority of which are made by assembly partner Hon Hai Precision Industry Co. in China and shipped around the world -- have so far been spared in a tit-for-tat trade war.

Source: Bloomberg

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