American firms defecting to Chinese side for Trade War, want to fuck Dotard, but China should REJECT THEM & Finish Off USA!

[Ang4MohTrump]

American businesses DEFECTED to Chinese Camp want to fuck Dotard! Including MicroSHIT Haley Davidson! But I think China should REJECT THEM. Go for the KILL! For once & for all.



https://mil.news.sina.com.cn/world/2019-06-20/doc-ihytcerk8114042.shtml

俄媒称美国商界请求与中国讲和：中国商品无可替代

2019年06月20日 11:22 参考消息



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参考消息网6月20日报道 俄媒称，美国商界因中美贸易战而遭受损失。在本周开始的对中国输美商品征收新关税的公众听证会上，许多美国公司都表示反对贸易战。他们确信，许多中国商品无可替代。即便是那些在美国本土生产成品的制造商，仍然需要依赖中国的原材料供应商。
据俄罗斯卫星通讯社6月19日报道，如果加征关税，那么关税将覆盖所有中国输美商品。美国商人们指出，一些商品除了中国外，别无他处生产。据美国《华尔街日报》援引阿特拉斯烟花观赏娱乐集团行政总裁史斯蒂芬·佩尔基的话报道，在烟花生产商中，中国打遍世界无敌手。在亚洲其他国家，类似产品的质量低得多。而在美国，自上世纪90年代以来，再没有企业生产烟花爆竹产品。因安全要求提高及工人技能等原因，开设烟花爆竹企业的复杂程度令人不可思议，且价格极为昂贵。
报道称，甚至特朗普总统的选民基本盘——农场主们也都在抱怨。加利福尼亚州的葡萄酒酿造厂厂商们无酒瓶可灌装葡萄酒，因为他们在中国采购葡萄酒酒瓶。中国媒体指出，在加利福尼亚州，生产玻璃的成本高昂，导致酒瓶生产业在过去20年里转移到了中国。提高玻璃容器的关税将导致葡萄酒生产过程大大涨价，消费者将最终为此埋单。
此前，为回应商界的抱怨，特朗普政府建议在其他国家寻找供应商，或者更好的是把生产厂转移到美国。但问题在于，转移生产厂是个昂贵的过程，且不会像征收关税一样快。这意味着，在任何情况下，要么是生产商，要么是消费者，需要在一段时间内承受额外的花费。但即便是对那些只是在中国采购某些部件的生产商来说，转换到其他供应商也可能是问题。据《华尔街日报》援引一家美国保龄球商品供货公司总裁的话称，公司试图在多米尼加共和国、柬埔寨、孟加拉国找到保龄球球鞋的替代生产商，但无人愿意完成这么小批量的订单。最终，公司只能继续与中国做生意，因为根本无法与任何其他生产厂家达成协议。
报道称，预计，在为期一周的公众听证会期间，将有300多家美国公司代表陆续出现在美国国际贸易委员会，其中大多公司试图向美国贸易代表办公室的官员们解释，中美贸易战为何不是办法。


https://mil.news.sina.com.cn/2019-06-20/doc-ihytcerk8108043.shtml

反特朗普对华加税阵营扩编 这次有微软英特尔等巨头

2019年06月20日 10:56 环球网



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戴尔惠普微软英特尔发表联合声明，反对特朗普将笔记本电脑和平板电脑列入对华征税商品中，称这一举动会伤害消费者和整个行业。
美国反对对华关税阵营又添新成员。据路透社20日消息，美国戴尔、惠普、微软和英特尔公司19日发表联合声明，反对美国总统特朗普将笔记本电脑和平板电脑列入对华征税商品中的提议，称这一举动将伤害美国消费者和整个行业。

路透社报道截图
报道称，以上四家美国公司当天发布的联合声明称，特朗普计划（加征）的关税将增加美国笔记本电脑的成本，还将伤害消费者和整个行业，并且也无益于特朗普政府纠正中国贸易行为的诉求。路透社提到，戴尔、惠普和微软在美销售的笔记本电脑和可拆卸式平板电脑在美国该行业市场占比52%。
联合声明还援引美国消费者技术协会近期的研究称，如果计划（加征）的关税正式生效，将导致美国笔记本电脑和平板电脑价格提高至少19%，或者说，笔记本电脑的平均零售价提高约120美元。

“如此幅度的涨价，甚至可能使我们最注重成本的消费者完全买不起笔记本电脑，”这4家公司表示，价格上涨可能将在假期高峰和返校季期间发生。
报道还提到，在另一份声明中，微软、视频游戏制造商任天堂以及索尼互动娱乐公司也警告称，针对视频游戏机的关税可能会扼杀创新，损害消费者并导致数以千计工作岗位面临风险。
许多美国行业团结一致反对扩大对中国产品加税。据《华尔街日报》报道，上月，超过170家美国制鞋商和零售商联名致信特朗普，呼吁停止与中国的贸易战。6月13日，沃尔玛、好市多等600多家美国企业和行业协会也发表联名信，反对与中国的关税战。共同社16日称，一些日本企业的美国分公司也反对扩大对中国产品加税，要求美国贸易代表办公室将自己的产品从加税清单中移除，其中包括爱普生美国公司和三菱化学等。
来源：环球网/桐瑶


https://mil.news.sina.com.cn/2019-06-20/doc-ihytcitk6449776.shtml

无惧特朗普"软磨硬泡" 哈雷要和钱江在中国造摩托

2019年06月20日 09:44 环球网



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[环球网报道 记者 李东尧]“哈雷•戴维森将冒着激怒特朗普的风险，在中国制造摩托车。”“今日俄罗斯”（RT）19日以此为题报道了美国著名摩托车品牌哈雷宣布将与中国企业合作生产一事。
RT说，哈雷这一决定的目的是应对在美销量下降与贸易关税带来的成本上升。

RT报道截图
据RT报道，当地时间19日，哈雷公司表示，将与中国钱江摩托合作，生产一款新式小型摩托车。RT说，这一决定是哈雷公司削减成本以及到2027年将一半销售收入转向美国以外市场计划的一部分。该公司认为中国是一个主要增长市场，（哈雷）去年在中国的销售额同比增长27%。
RT介绍，计划生产的新型摩托车发动机排量为338cc，这是该公司116年历史上生产的排量最小的一款车。新款车型计划从2020年底开始在中国销售。哈雷没有透露新款摩托车的价格区间，但钱江摩托表示，这款车将是“买得起的”。
RT19日说，哈雷这一决定是一项长期战略的一部分，目的是应对在美销量下降与贸易关税带来的成本上升。
美国有线电视新闻网（CNN）19日评论说，哈雷在加大向海外销售摩托车的努力之际，在中国找到了一个新的合作伙伴。去年6月，欧盟将对美国进口摩托6%的关税提高至31%，以回应特朗普政府对进口钢铝加征关税。哈雷去年表示，由于欧盟对美国进口摩托车加征关税，它将把一些制造业务转移至泰国。哈雷将业务转向海外一度激怒了特朗普，去年，特朗普曾鼓励消费者抵制哈雷。

CNN报道截图
而与此形成鲜明对比的是，在特朗普2017年上任之初，他曾赞扬过哈雷是真正的“美国制造”和“美国真正的象征”。
据此前报道，特朗普上周接受媒体采访时还对媒体炫耀，曾一个电话让印度总理莫迪砍掉对哈雷摩托一半关税到50%。特朗普还对CNBC说，“我告诉他（莫迪），降低到50%还是不可接受，他们（印度人）正在想办法解决。”
据每日经济新闻报道，钱江摩托19日晚间公告说，该公司与哈雷公司当天签署了相关协议，将在国内组装生产某些特定排量的哈雷摩托。根据双方签署的一份长期合作协议，合约双方认为有必要进行相互合作，以抓住中国市场的特定机会以及亚洲其他市场可能存在的特定机会，希望针对在中国以及亚洲其他摩托车市场进行合作。
据介绍，诞生于1903年的哈雷摩托被誉为全球十大著名摩托车品牌之一，总部位于美国威斯康星州。2005年，哈雷公司在上海成立办事处，正式进入中国市场。算起来，这家摩托车品牌来到中国已有近15年。不过在此前，哈雷公司的产品均是以进口的方式输送到中国，售价不菲。


关键字 : 特朗普哈雷

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Https://mil.news.sina.com.cn/world/2019-06-20/doc-ihytcerk8114042.shtml


Russian media said that the US business community is asking for peace with China: Chinese goods are irreplaceable


June 20, 2019 11:22 Reference message



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Reference News Network reported on June 20 The Russian media said that the US business community suffered losses due to the Sino-US trade war. At the public hearing that began this week on the imposition of new tariffs on Chinese exports to the United States, many American companies have expressed opposition to the trade war. They are convinced that many Chinese goods are irreplaceable. Even manufacturers who produce finished products in the US still need to rely on Chinese raw material suppliers.

According to a report by the Russian satellite news agency on June 19, if tariffs are imposed, the tariff will cover all Chinese exports to the United States. American business people pointed out that some commodities, except China, have nowhere to produce. According to the US "Wall Street Journal" quoted Atlas Fireworks Watch Entertainment Group CEO Stephen Pelki as saying that among the fireworks manufacturers, China has played invincible in the world. In other Asian countries, the quality of similar products is much lower. In the United States, no company has produced fireworks and firecrackers since the 1990s. Due to increased safety requirements and worker skills, the complexity of opening a fireworks company is incredible and extremely expensive.

The report said that even President Trump’s voter basics – farmers are complaining. California winery manufacturers have no bottles to fill wine because they buy wine bottles in China. Chinese media pointed out that in California, the cost of producing glass has been high, leading to the transfer of bottle production to China in the past 20 years. Increasing tariffs on glass containers will lead to a significant increase in the price of wine production, and consumers will eventually pay for it.

Previously, in response to complaints from the business community, the Trump administration suggested looking for suppliers in other countries, or better, transferring production plants to the United States. The problem is that transferring production plants is an expensive process and not as fast as tariffs. This means that in any case, either the manufacturer or the consumer, it is necessary to incur additional costs over a period of time. But even for producers who only buy certain parts in China, switching to other suppliers can be a problem. According to the Wall Street Journal quoted the president of a US bowling goods supply company, the company tried to find alternative manufacturers of bowling shoes in the Dominican Republic, Cambodia, and Bangladesh, but no one is willing to complete such small orders. In the end, the company can only continue to do business with China because it is impossible to reach an agreement with any other manufacturer.

According to the report, during the one-week public hearing, more than 300 representatives of US companies will appear on the US International Trade Commission. Most of them try to explain to the officials of the US Trade Representative Office why the Sino-US trade war is not Method.



Https://mil.news.sina.com.cn/2019-06-20/doc-ihytcerk8108043.shtml


Anti-Trump's expansion of China's tax camp. This time there are giants such as Microsoft Intel.


June 20, 2019 10:56 Global Network



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Dell Hewlett-Packard Microsoft Intel issued a joint statement opposing Trump's inclusion of laptops and tablets in taxable goods against China, saying the move would hurt consumers and the industry as a whole.

The United States opposes adding new members to the tariff camp in China. According to Reuters news on the 20th, US Dell, Hewlett-Packard, Microsoft and Intel Corporation issued a joint statement on the 19th, opposing US President Trump’s proposal to include laptops and tablets in taxable goods against China, saying that this move will Injury to American consumers and the entire industry.

Reuters report screenshot

According to reports, the joint statement issued by the four US companies on the same day said that the tariffs imposed by Trump (additional) will increase the cost of laptops in the United States, and will also harm consumers and the entire industry, and will not benefit the Trump administration. Correct the demands of China's trade behavior. Reuters mentioned that laptops and detachable tablets sold by Dell, Hewlett-Packard and Microsoft in the US accounted for 52% of the market in the US.

The joint statement also cited a recent study by the Consumer Technology Association of the United States that if the planned (added) tariffs come into force, the price of laptops and tablets in the United States will increase by at least 19%, or the average retail price of laptops will increase. 120 dollars.

"The price increase of this magnitude may even make our most cost-conscious consumers completely unable to afford laptops," the four companies said. Prices may rise during the holiday peak and back to school.

The report also mentioned that in another statement, Microsoft, video game maker Nintendo and Sony Interactive Entertainment also warned that tariffs on video game consoles could stifle innovation, harm consumers and lead to thousands of jobs. At risk.

Many US industries are united in opposing the expansion of tax increases on Chinese products. According to the Wall Street Journal, more than 170 US shoemakers and retailers jointly sent a letter to Trump last month calling for a halt to trade with China. On June 13, more than 600 US companies and industry associations, including Wal-Mart and Costco, also issued a joint letter to oppose the tariff war with China. Kyodo News said on the 16th that some Japanese companies in the United States also opposed the expansion of tax on Chinese products, requiring the US Trade Representative Office to remove their products from the tax increase list, including Epson USA and Mitsubishi Chemical.

Source: World Wide Web / Tong Yao



Https://mil.news.sina.com.cn/2019-06-20/doc-ihytcitk6449776.shtml


Fearless Trump "soft-hardened bubble" Harley wants to build motorcycles with Qian Jiang in China


June 20, 2019 09:44 Global Network



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[Global Network Reporter Li Dongwei] "Harry Davidson will risk angering Trump and make motorcycles in China." "Russia Today" (RT) reported on the 19th that the famous American motorcycle brand Harley announced Will cooperate with Chinese companies to produce.

RT said that the purpose of Harley's decision is to cope with the decline in sales in the United States and the increase in costs caused by trade tariffs.

RT report screenshot

According to RT reports, on the 19th local time, Harley said it will cooperate with China's Qianjiang Motorcycle to produce a new type of scooter. RT said the decision was part of Harley's plan to cut costs and shift half of its sales revenue to outside the US by 2027. The company believes that China is a major growth market, and (Harley) sales in China increased by 27% year-on-year.

According to RT, the planned new motorcycle engine has a displacement of 338cc, which is the smallest displacement of the company in its 116-year history. The new model is scheduled to be sold in China from the end of 2020. Harley did not disclose the price range of the new motorcycle, but Qian Jiang Motors said that the car will be "affordable."

RT19 said that Harley's decision is part of a long-term strategy to cope with rising costs in the US and rising tariffs on trade tariffs.

CNN commented on the 19th that Harley has found a new partner in China while increasing its efforts to sell motorcycles overseas. In June last year, the EU raised the tariff on 6% of US imports of motorcycles to 31% in response to the Trump administration's tariff on imported steel and aluminum. Harley said last year that it will transfer some manufacturing operations to Thailand because the EU imposes tariffs on imported motorcycles from the United States. Harley once angered Trump by turning his business overseas. Last year, Trump encouraged consumers to boycott Halley.

CNN report screenshot

In stark contrast to this, at the beginning of Trump's tenure in 2017, he praised Harley as a true "Made in the United States" and "a true symbol of the United States."

According to previous reports, Trump also showed off to the media during an interview with the media last week. A phone call was made to allow Indian Prime Minister Modi to cut half of the tariff on Harley to 50%. Trump also told CNBC, "I told him (Mody) that it is still unacceptable to reduce it to 50%. They (Indians) are trying to find a solution."

According to the daily economic news report, Qianjiang Motorcycle announced on the evening of the 19th that the company and Harley signed the relevant agreement on the same day, will assemble and produce certain specific displacement of Harley. According to a long-term cooperation agreement signed by the two parties, the contracting parties believe that it is necessary to cooperate with each other to seize the specific opportunities in the Chinese market and the specific opportunities that may exist in other Asian markets, and hope to cooperate in China and other motorcycle markets in Asia.

According to reports, born in 1903, Harley Moto is known as one of the world's top ten famous motorcycle brands, headquartered in Wisconsin, USA. In 2005, Harley established an office in Shanghai and officially entered the Chinese market. Counting this motorcycle brand has been in China for nearly 15 years. However, before this, Harley's products were delivered to China in the form of imports, and the price was high.


Keywords : Trump Harley

I want feedback

 

[winnipegjets]

Trump betrays America to seek favour from Putin for personal gains.
Business is just following his example - they will seek favour from China. But they are doing that for the good of America.

 

[tanwahtiu]

Duck the motgerfucker Trump.

 

[syed putra]

The trade war will start to impact US economy about now ss retailers and distributors have to fork out up front to pay for tarrifs, and US tech exporters face hurdles due to trump imposed trade embargo.

 

[Ang4MohTrump]

https://mil.news.sina.com.cn/2019-06-22/doc-ihytcerk8511574.shtml

美国企业总裁快哭了："我们面临生死攸关的难题"

2019年06月22日 05:02 海外网



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视觉中国 资料图
“这是我父亲58年前辛苦打拼创办的企业，我和家人多年来一直努力付出，才让公司成为今天的样子。父亲上周刚去世，但我必须赶来参加今天的听证会，我们面临生死攸关的难题。”SNP公司总裁帕特丽夏·菲利普斯难掩悲伤，说这番话时已近哭泣。
SNP公司总部位于美国北卡罗来纳州，专门生产海藻酸盐产品，中国厂家是其最主要的原材料供应商。美国政府若执意加征关税，将给这家企业带来巨大打击。这已是SNP公司第二次参加美国贸易代表办公室就加征关税计划举行的听证会。现场陈述一结束，菲利普斯就匆匆离开，赶往父亲的葬礼。
6月20日，美国贸易代表办公室就拟议中的对价值约3000亿美元中国输美商品加征关税举行的公开听证会进入第四天。来自纺织、化工、医疗、服装、眼镜、珠宝、运动产品等不同行业的代表，用大量事实和数据向现场官员阐述加征关税计划的不合理性以及中国供应链的不可替代性。
“我考察过中国以外的14个国家，但没有一个能满足我们的生产需求。”杰克琳·班纳特是马萨诸塞州一家高档女式内衣设计开发公司的创始人兼总裁。当天，她带着一些精致的内衣产品来到现场，每件成品都由30至45片布料手工缝制，对生产工艺要求很高。班纳特向现场官员详细讲述了自己尝试在中国以外国家开展生产的失败经历——“一些地方的工人已经不愿从事手工缝纫、手工串珠等繁琐的技术活；一些地方的工人生产的产品质量不行；还有一些地方的工厂愿意接单，但交货不及时”。

瑞恩·麦克法兰是Strider运动产品公司的创始人兼总裁，来自一个赛车运动世家。为了使自己两岁的儿子能骑上合适的自行车，他动手改造出一辆平衡车，并由此创立了Strider品牌，其产品已在全球销售了250多万辆。麦克法兰成功创业的故事背后，离不开同宁波一家制造企业的合作，但如今，美国政府拟议中的加征关税计划给他出了一个大难题。出于对公司前景的担忧，Strider在美国国内的扩张和员工招聘计划目前都已被搁置。
AFX头盔北美公司总裁道格·希尔从密歇根州驱车1000多公里来参加听证会。他向记者展示公司生产的摩托车头盔，“我们使用的是广州合作厂商的专利技术，其高科技材料不仅能使头盔更轻，还能增强保护性能”。
希尔说，如果加征关税施行，其产品价格可能从80美元涨到120美元，消费者或许会被迫延长头盔更换周期或购买更廉价的产品。他还悲观地预测，25%的额外关税将让公司的销量下滑50%以上。（本报驻美国记者 郑 琪）
《 人民日报 》（ 2019年06月22日 03 版）


The president of the American company cried: "We are facing the problem of life and death."
June 22, 2019 05:02 Overseas Network
173

Visual China

"This is the company that my father worked hard to build 58 years ago. My family and I have been working hard for years to make the company look like today. My father died just last week, but I have to come to attend today's hearing, we are facing The problem of life and death is critical." SNP company president Patricia Phillips is difficult to hide his sadness, and he said that he was crying when he said this.

SNP is headquartered in North Carolina, USA, specializing in the production of alginate products, and Chinese manufacturers are its main raw material suppliers. If the US government insists on increasing tariffs, it will bring a huge blow to the company. This is the second time that SNP has participated in a hearing on the tariff increase plan of the US Trade Representative Office. At the end of the live presentation, Phillips hurried away and rushed to his father's funeral.

On June 20th, the Office of the US Trade Representative entered the fourth day of the proposed public hearing on the proposed tariff on the US$300 million worth of Chinese exports to the United States. Representatives from different industries such as textiles, chemicals, medical, clothing, glasses, jewelry, sports products, etc., used a large amount of facts and data to explain to the scene officials the irrationality of the tariff program and the irreplaceability of the Chinese supply chain.

“I have visited 14 countries outside of China, but none of them can meet our production needs.” Jack Lynn Bennet is the founder and president of a high-end lingerie design and development company in Massachusetts. On the same day, she came to the scene with some exquisite underwear products. Each finished product was hand-stitched from 30 to 45 pieces of fabric, which required high production process. Bennet told the scene officials in detail about his failure to try to produce in countries outside China – “Workers in some places have been reluctant to engage in cumbersome technical activities such as hand sewing and hand-beading; the quality of products produced by workers in some places. No; there are some places where factories are willing to take orders, but delivery is not timely."

Ryan McFarland is the founder and president of Strider Sports Products, a family of motorsports. In order to enable his two-year-old son to ride a suitable bicycle, he created a balance car and created the Strider brand, which has sold more than 2.5 million vehicles worldwide. Behind the story of McFarlan’s successful entrepreneurship, it is inseparable from the cooperation with a manufacturing company in Ningbo, but now, the proposed tariff increase plan of the US government has given him a big problem. Strider's domestic expansion and employee recruitment programs are currently on hold due to concerns about the company's prospects.

Doug Hill, president of AFX Helmets North America, drove more than 1,000 kilometers from Michigan to attend the hearing. He showed reporters the motorcycle helmets produced by the company. "We use the patented technology of the Guangzhou partner, and its high-tech materials not only make the helmet lighter, but also enhance the protection performance."

Hill said that if tariffs are imposed, the price of the product may rise from $80 to $120, and consumers may be forced to extend the helmet replacement cycle or purchase cheaper products. He also pessimistically predicted that 25% of the additional tariffs will cause the company's sales to fall by more than 50%. (Reporter in the United States, Zheng Qi)

People's Daily (June 22, 2019, 03 edition)

 

[tanwahtiu]

Altogether hoot the angmoh arsehole split...

 

[Hypocrite-The]

Donald Trump's trade war with China is rattling nerves in the birthplace of the smartphone
By China correspondent Bill Birtles in ShenzhenUpdated Sat at 7:08am

PHOTO The Huaqiangbei market in Shenzhen is the world's largest electronics market. ABC NEWS: STEVE WANG
In the world's biggest electronics market, the US-China trade war is biting.
The heart of Shenzhen's tech industry is Huaqiangbei market, a massive collection of vendors selling everything from fake iPhones to circuit boards.
The ground floor components section of the market is buzzing with activity — but not for everyone.
Lin Hongyu, who sells a common electrical part used in everything from digital cameras to televisions, told the ABC that business is the worst he has seen for 20 years.
"You can see the effect through exports. If they are down, then people aren't making products, and they don't need to order components," Mr Lin said.
Another electronics wholesaler, Zhang Yaqin, said her factory has recently shed staff.
A few months ago, more than 300 people worked there. Today it is closer to 200.
"When business was good, workers would do overtime, their salaries would be high. But many have left because the overtime has dried up," she said.

PHOTO Some vendors at Shenzhen's electronic markets are feeling the effects of the trade war, while others say they are managing. ABC NEWS: STEVE WANG
Shenzhen is sometimes called China's Silicon Valley.
It is home to some of the world's largest telecommunications, gaming, robotics and electronics companies. Chances are, your smartphone was assembled here.
For more than a year, some Chinese electronics exporters have had to endure the hit of a 10 per cent tariff on exports to the US.
Others though who are mainly reliant on China's domestic market said their business was holding up relatively well.
How a trade war could drive up the cost of smartphones
About three quarters of smartphones bought in the United States come from China.
The Apple iPhone is embossed with the phrase: "Designed by Apple in California. Assembled in China."
Its design may be American and its components may come from the Netherlands, Taiwan and South Korea, but the final assembly is likely to happen in Shenzhen.

PHOTO Apple products, including the iPhone, are assembled in China. REUTERS: ISSEI KATO
An estimate by the US Consumer Technology Association believes the most recent tariffs will drive up the average price an American pays for a smartphone by $AUD99.
That means the biggest beneficiaries of the trade war will be other brands, such as Samsung.
The company does the majority of its manufacturing in South Korea and Vietnam, so its prices will not increase in the US.
Chinese-made laptops are set to increase even more, by $AUD174 for American consumers.
The direct tariffs will not make any immediate difference to Australians and consumers outside the US, but the intended effect of them — moving US manufacturing out of China — is likely to eventually bump up costs.

PHOTO Australia will not be directly hit by tariffs on smartphones, but the effect on supply chains could increase prices globally. REUTERS: ALY SONG

"China can deliver the quality companies like Apple want at the cheapest price," James Laurenceson of the Australia-China Relations Institute at UTS said.​

"If you have government decisions that force companies to locate in some territories and not in others, then by definition you're going to be raising costs for consumers," he said.
Former ANZ economist Warren Hogan said the industry should be experiencing a drop in prices now that so many people around the world have smartphones.
"This trade war could actually have a perverse effect on that process. It has the potential to actually keep the price of these products elevated for a longer time," he said.
Apple lobbies White House for exemption as tariffs loom

PHOTO Apple chief executive Tim Cook has been lobbying the White House for US tech companies to be exempt from the tariffs. REUTERS: LEAH MILLIS
Since Mr Trump imposed tariffs on China in March 2018 to combat unfair trade practices, major American companies have been looking at ways to shift their manufacturing out.
But instead of opening factories in the US as Mr Trump hopes, most manufacturers looking to relocate want to remain in low-wage countries.
This month, Apple reportedly asked its suppliers to look at the feasibility of moving 15 to 30 per cent of their production capacity from China to South-East Asia.
But Professor Shen Dingli from the Centre for American Studies at Fudan University said leaving China would be difficult.
"[The US] need the supply chains and the assembly lines. I think they would be reluctant to go. It will be a painful process for them," he said.
Michael Pettis, an economist at Peking University, said pulling out of China may help some companies avoid tariffs, but the costs could eventually be passed on to consumers.
"For those companies producing Christmas toys, for example, it would be easier. It's hard to move an airplane assembly line out of the country," Professor Pettis said.

"To move out of the country will definitely raise the prices for consumers."​

Countries like Vietnam and Indonesia now have lower wages than China, but they lack the production scale.
"Vietnam doesn't have the infrastructure to move these goods around the supply chain and also the huge quantities of skilled labour that China has," Dr Laurenceson said.
"It's not just a simple case of running to a nearby low-wage country that will keep prices down," he said.
In the meantime, Apple is asking the US Trade Representative's office to exempt it from tariffs.
The tech giant argued it would harm Apple's ability to compete with Chinese rivals like Huawei, which is fighting a separate technology battle with the US.
Huawei is facing US restrictions on acquiring American-made chips, which could potentially hurt its ability to compete with Apple and other fast-growing Chinese brands like Xiaomi and Oppo.

PHOTO This component vendor, Hu Bin, is hoping for better days ahead for his business. ABC NEWS: STEVE WANG
With such entrenched differences between the US and China on trade, many in China's manufacturing heartland say they are not optimistic of any immediate breakthrough, even though Presidents Trump and Xi are meeting for the G20.
"I think the average person just hopes the trade war can be resolved soon," component seller Hu Bin said.
"Hopefully for our business, there are brighter days ahead."
Posted Sat at 3:17am

 

[Hypocrite-The]

No truce in Donald Trump's trade war despite 'great' meeting with China's Xi Jinping - Business

PHOTO Mr Trump and Mr Xi met while they were in Japan for the G20 summit. AP: SUSAN WALSH
These are dangerous times.
The weekend negotiations between US President Donald Trump and China's Xi Jinping, on the sidelines of the G20 meeting in Osaka, have been portrayed in some quarters as a breakthrough in the trade war.
It is nothing of the sort.
The pair merely agreed to no further escalation in hostilities and, even then, only on a temporary basis. There has been no scaling back and no clear path to resolve the dispute.
While the tariffs are directed at Chinese imports, it is American firms and consumers who ultimately are saddled with the 25 per cent impost on $US250 billion worth of Chinese imports, significantly higher than in May.
There's growing evidence the existing measures already are hurting. As Mr Trump noted, just prior to his much celebrated meeting with Mr Xi, America would triumph because China's economy was "going down the tubes".
He's right, to an extent. Chinese manufacturing is contracting with a widescale downturn reported in some industries, such as automobile manufacturing where tens of thousands of workers have been laid off in recent months.
Even Chinese information technology outfits are feeling the chill and have been rushing to trim their workforces.
Far from picking up the slack, as Mr Trump would have hoped, American firms are feeling the pinch.
While not yet in contraction, growth rates in US and South Korean manufacturing have slowed dramatically in recent months and confidence levels are sinking.
As this graph from investment bank Morgan Stanley illustrates, US output has been sinking as quickly as China's.

The US and global indices are on the left-hand axis. Any reading above 50 represents growth. China's reading, on the right-hand axis, shows it is in decline.
Central bankers at a loss
As the global economy edges towards a dramatic slowdown, and possibly even recession, central banks now are being forced to contemplate ever more radical measures and even resurrect some long-abandoned rescue plans.
After almost a decade of money printing and the lowest interest rates in more than 5,000 years, monetary policy wonks now are grappling with the idea that governments should play a more active role in stimulating the economy. Borrow cheap and spend up.
It's a line pushed by Reserve Bank of Australia (RBA) governor Philip Lowe, who has begun amplifying his calls for governments to spend big on infrastructure programs.
His sentiments were echoed over the weekend by the Bank for International Settlements, the central bank for central bankers.
Having cut rates just a month ago, there is a strong chance the RBA will follow up with another tomorrow and perhaps a third by August.
Whether Mr Lowe can convince Prime Minister Scott Morrison to borrow cash and spend big, however, is debateable. The Coalition was just returned to power on the basis of superior economic management with surpluses stretching out for the next decade.

PHOTO Mr Lowe backed calls for government spending on infrastructure. AAP: DAN HIMBRECHTS
In the US, the Federal Reserve has come under increasing pressure from President Trump to begin cutting interest rates, primarily to keep Wall Street and property prices buoyant in the lead up to the US elections next year.
Political alliances fraying
Unlike the dark days of the financial crisis a decade ago, politically there appears little resolve among leaders to work together to avert a rerun.
Just last week, in the lead-up to the G20 summit, Mr Trump did his best to alienate almost everyone, including his Japanese hosts, who he said would respond to a military attack against the US by "watching it on a Sony television".
He admonished India for raising tariffs (in retaliation to US imposed tariffs), described Vietnam as "the worst of all" when it came to trade, and used erroneous figures to belittle Germany as "security free-loaders".
And that was just his allies. When it comes to China, the President has invoked a three-pronged attack against his nemesis, involving trade, technology and finance.
While the tariffs and their effects have been well canvassed, the impact of denying Chinese firms such as Huawei with US technology could be even more devastating.

PHOTO "We're right back on track," Mr Trump told reporters after his meeting with Mr Xi. AP: SUSAN WALSH
There's little doubt Beijing has engaged key corporates on a mission for global domination and actively encouraged technology theft. Given the underhand and increasingly sophisticated methods Beijing uses in its surveillance of its own population, the US has every right to protect its interests.
Ironically, the Trans-Pacific Partnership had similar goals to the strategy now championed by Mr Trump; isolating China while cementing the dominance of US corporations over even the sovereign nations within the partnership.
The third prong in Mr Trump's China attack involves the banking system. Last week, a US judge found three Chinese state-owned banks in contempt for refusing to cooperate in an investigation into North Korean sanctions violations.
One of the banks, the Shanghai Pudong Development Bank — China's ninth-biggest — runs the risk of losing access to US dollars and thereby being shut out of global finance.
With cracks already appearing in China's banking system after the collapse of a Mongolian Bank last month, and with interbank lending rates crashing below one per cent last week, concerns about credit supply in a hugely indebted economy have become elevated.
Who would be hit hardest?
Ah, the irony. It was China that rode to the rescue a decade ago to rescue global capitalism from itself and its excesses after a spectacular implosion in America's banking system.
For now, it's a game of brinkmanship. Mr Xi, who doesn't have to suffer the inconvenience of elections, would relish the prospect of a US recession as Mr Trump kicks off his campaign for a second term.
But he'd also have to endure a severe downturn at home that could undermine his own standing.
What a difference a decade makes.
Posted about 4 hours ago

 

[syed putra]

Just buy a samsung