The trade war between the United States and China could bring more pain to Apple with the US president threatening Beijing with imposing new tariffs on about $300 billion worth of Chinese goods, including Foxconn-built iPhones and iPads.
The US already imposed tariffs on some of the accessories Apple sells, but those hardly have a significant impact on its bottom line. The iPhone is a whole different story of course and any extra tariffs will either result in a spike of the price for end users or a big hit in Apple’s profit.
In response to that a senior executive at the Taiwanese…
