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Impact of Trump's Tariffs on Chinese Imports on Apple Inc.

   

Added on  2023-04-23

13 Pages857 Words399 Views
CURRENT EVENT AND THE EXTERNAL
AND INTERNAL ENVIRONMENTS OF
ORGANISATIONS
CASE OF APPLE. INC.

INTRODUCTION
This presentation will be discussing the US president Trump’s new
tariffs on the Chinese imports and how this will affect the business
of the US based companies.
This event has affected the global economy as most of the large
corporations have their root in the US.
To the researchers, this initiative of Trump may cause to Trade war
with China as well as the countries of the European Union
certainly.

SUMMARY OF EVENT
On January 2018, Trump has imposed quotas and tariffs on the
imported solar panels, washing machines, steel and aluminium.
He has imposed $200 billion tariff on Chinese goods imported
in the USA (Forbes.com, 2019).
This escalated trade barrier have arisen the prices of the
products of the US companies operating in China.

SUMMARY OF EVENT
To the President this rise of tariff is important as this will help the economy
of the country.
Due to this tariffs, the companies which used to operate in China will build
more plants in the U.S.
By enhancing the number of branches these companies will be able to keep
the production costs low.
In this initiative the most affected company
will be Apple Inc. as the entire
manufacturing unit has been situated in the
Chinese market.

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