Trump urges Ford, Apple to intention in U.S., not China

13 September, 2018, 03:44 | Author: Eric Barnett
  • Despite Trump tweet, Ford says it won't make hatchback in US

The Trump administration has already imposed 25% tariffs on $50 billion worth of Chinese goods, meant to punish Beijing for alleged unfair trade practices and intellectual property theft.

"Start building new plants now".

European stock markets rose and Wall Street was expected to open higher on Monday, despite a drop in Asia, where investors fretted over the possibility of new and bigger USA tariffs on Chinese goods.

On top of tariffs already in place or in the works, such a move would apply new taxes to the entire $505 billion of goods the United States imported from China a year ago.

In its letter this week to the Office of the U.S. Trade Representative, Apple said that "because all tariffs ultimately show up as a tax on United States consumers, they will increase the cost of Apple products that our customers have come to rely on in their daily lives".

Ford has rejected President Trump's call for it to shift production of the Chinese-made Focus Active crossover-style hatchback to the US, after announcing last month that it would not import the model due to tariff concerns. Mr. Trump took to Twitter Sunday to give an clarification for victory and write: "Right here's precise the origin". The plan, said industry analyst Ed Kim of AutoPacific, was to pare down the Focus lineup to Active wagons and import them from China.

"Our concern with these tariffs is that the United States will be hardest hit, and that will result in lower U.S. growth and competitiveness and higher prices for USA consumers", the company said. China has warned that it would retaliate with import taxes on $60 billion worth of US goods. Apple said such import duties would raise consumer prices for various products, including the Apple Watch, AirPods, cable and chargers.

"We believe the USA equity market reflects an expectation of additional tariffs", Goldman Sachs analysts said in a report dated September 8. The US imported $505 billion in goods from China previous year.

For the Focus Active, the tariffs on Chinese vehicles changed everything.

Trump's previous commendations of companies' investments in the USA were usually based on corporate press releases heavy on fluff and a recycling of existing expansion plans, but they at least had some sort of factual underbelly, however strained. Kristin Dziczek of the Heart for Automobile Learn acknowledged that Ford can intention Focuses "in many other plant life round the arena, so within the occasion that they made up our minds to proceed to promote a Focus variant within the US market, there are plenty of alternatives rather then building it within the united states."In April, Ford announced plans to cease making autos within the united states - aside from for the iconic Mustang - and to point of interest on extra successful SUVs".

Exports to the United States in August rose 13.4 percent to $44.4 billion, ticking up from July's 13.3 percent growth.

That's telling, and betrays a flawed logic that is rather worrisome as Trump contemplates tariffs on US$267 billion ($408.8b) of Chinese goods in addition to the US$200b of levies his Administration looks set to put in place soon.


  • Second case of West Nile virus reported in Maryland

    Second case of West Nile virus reported in Maryland

    Keep weeds and tall grass cut short; adult mosquitoes look for these shady places to rest during the hot daylight hours. For more information contact the health contact at 424-0272, or on Facebook.
    Dr DisRespect's House Shot at During Livestream

    Dr DisRespect's House Shot at During Livestream

    Taking to Twitter , Beahm expressed his appreciation for all of the well wishes, confirming that both him and his family are safe. According to Beahm, the attacker shot at his house from a vehicle and broke his upstairs window.
    The startling stats that show the power of Hurricane Florence

    The startling stats that show the power of Hurricane Florence

    SC authorities have turned four motorways into one-way routes away from the coast to speed the exodus. "It's a big one", he said. The longer the storm stalls near the coast, the more precipitation it will be able to pull from the Atlantic and dump inland.
  • Jean-Claude Juncker calls for European Union  to become 'global player'

    Jean-Claude Juncker calls for European Union to become 'global player'

    And we have to stop seeing this relationship through the sole prism of development aid. "Africa does not need charity, it needs true and fair partnerships".
    Evanna Lynch tipped for Dancing With the Stars US

    Evanna Lynch tipped for Dancing With the Stars US

    Evanna Lynch and Tinashe have been confirmed as contestants for the upcoming series of Dancing With The Stars . The Bachelorette/Bachelor in Paradise star Joe (Grocery Store Joe) Amabile , paired with Jenna Johnson .
    Trump says Puerto storm response ‘unappreciated’

    Trump says Puerto storm response ‘unappreciated’

    Puerto Rico's governor last month raised the US territory's official death toll from Hurricane Maria from 64 to 2,975. Trump again called it an "unsung success" hampered by San Juan Mayor Carmon Yulin Cruz , and the whole "island" thing.
  • Samsung Galaxy Note 9 dongle for DeX access on sale in US

    Samsung Galaxy Note 9 dongle for DeX access on sale in US

    Additionally, the sensor also supports dual-pixel autofocus and can shoot 960fps super slow-motion videos at HD resolution. The current Galaxy Note 9 was codenamed "crown", while the Galaxy upcoming Galaxy S10 is codenamed "Beyond".
    Turkish border closed as Syrians flee fighting in Idlib Province

    Turkish border closed as Syrians flee fighting in Idlib Province

    Security Council next Tuesday. "We will keep the refugees in Syria for the safety of both Turkey and European countries". People demonstrate against the regime and its ally Russian Federation , in the rebel-held city of Idlib, Sept. 7, 2018.

    Apple could release three new iPhones at Twitter-streamed live event

    Many analysts have suggested that the XR will start at around £700 while the XS and XS Max will cost anywhere between £999-£1,200. Apple's most anticipated keynote of 2018 is finally here and thanks to a bevy of leaks, it might be short on surprises.
  • Nintendo Direct Rescheduled, Switch Online Launches September 18

    Nintendo Direct Rescheduled, Switch Online Launches September 18

    As previous reports indicated, the Nintendo Direct presentation has been rescheduled for tomorrow . These will include Super Mario Bros , Ice Climbers , and the original Legend of Zelda .
    Congregation Loves It as Pastor Roasts Colin Kaepernick, Cuts Up Nike Stuff

    Congregation Loves It as Pastor Roasts Colin Kaepernick, Cuts Up Nike Stuff

    He never met them, did not know them, and he put his life and career on the line". "We understand that. According to the poll, negative buzz affected consumers' intent to purchase Nike products.
    Apple iPhone Xs can't escape unofficial hands-on photography

    Apple iPhone Xs can't escape unofficial hands-on photography

    The file also mentions the Apple Watch Series 4 by name, and indicates that the new watch bands will be available in wider sizes. Based on some limited hands-on time, both the Xs and Xs Max run at least slightly quicker than the iPhone X I brought with me.


Apple Watch Series 4 Makes Its Debut at iPhone Event
The new watch faces can fit up to eight complications, so you can see bite-sized information at a glance from your most-used apps. Inside the Apple Watch Series 4 is a new 64-bit dual-core S4 processor, which Apple claims offers up to 2x faster performance.

Minutes Jeff Fager leaving CBS after reports of inappropriate behavior
CBS continues to clean house, with Jeff Fager following in the footsteps of both Les Moonves and Charlie Rose. He ended, "One such note should not result in termination after 36 years, but it did".

IPhone XS, Apple Watch 4 make an appearance in new leaks
This suggests any new iPhones are likely to be an evolution, rather than a revolution, from last year's flagship iPhone X . Apple's "affordable" price tag for the LCD iPhone could be $700 which translates to roughly Rs 50,000.

Ariana Grande Reportedly Played Pivotal Role in Mac Miller's Sobriety
Mac Miller's close friend Shane Powers is speaking out in support of Ariana Grande . A friend claims that Grande wanted him to be healthy more than anything else.

USA plans crackdown on e-cigarette firms citing 'epidemic' teen use
Regulators said it was the largest coordinated crackdown in the agency's history. He said "everything is on the table", including criminal charges.

Raiders' Jon Gruden Calls out Khalil Mack After Trade
Rams cornerback Marcus Peters capped LA's win by intercepting a Derek Carr pass and returning it 50 yards for a touchdown. Gruden said the Raiders were unable to get to Los Angeles' quarterback, Jared Goff, and its running back, Todd Gurley.

Russian Federation stages world’s largest military drills, North Atlantic Treaty Organisation anxious
According to reports, Chinese soldiers are also taking part in the war exercise for the first time. The Vostok 2018 exercise will last until September 17.

Watch Stephen Colbert’s interview with Bob Woodward on Fear
However the President resigned on August 9, 1974. "Pakistan isn't helping us". "The Woodward book is a scam". Woodward was born in IL in 1943 and attended Yale University before serving in the US Navy until 1970.

Apple accidentally reveals iPhone XR, iPhone XS and iPhone XS Max names
The phones come in three colors: Gold, Silver and Space Gray in two sizes: the XS Max at 6.5-inches and XS at 5.8-inch. Apple Watch Series 4 boasts a speaker that is 50 percent louder as well as a better microphone.

Pope Summons Bishops For Sexual Abuse Summit
But the US plan has looked less like a model recently, given it exempted bishops like McCarrick. The meeting in February will bring together the heads of all national bishops' conferences.