Apple says in letter to Lighthizer that tariffs would reduce its contribution to US economy

to U.S. trade representative Robert Lightizer released Thursday that tariffs on its products would hurt its contribution to the U.S. economy.

The letter, which is dated June 17, says the impact of U.S. proposed tariffs "would result in a reduction of Apple's economic contribution." The letter adds that the tariffs "would also weigh on Apple's global competitiveness" because Chinese companies Apple competes with would not be subject to the tariffs. The letter concludes by saying Apple urges the U.S. "not to proceed with these tariffs."

Apple says in the letter that all of its major products like the iPhone, Mac, iPad and more would be affected by the tariffs. Apple is reportedly considering shifting some of its production outside of China in anticipation of the tariffs,

Source: Financial Digest (financialdigest.net)

Apple is saving millions with the tax cuts! No reason they should put out such fake news!

Apple is nice to have product only after having a stable job. So just shut up.

jyarow stevekovach Did Apple pass along to consumers the full windfall of the 2017 tax cuts? Even half of it? No and no, so they shoyld stop whining about the tariffs. The tax cut windfall covers quite a portion of the tariffs or in full. cc pattidomm steveliesman

Taxing Americans to supplement trade deficits is IDIOTIC. And it is a form of socialism. The irony abounds. Wake up MAGA and KAG, this potus is the worst of the elites, a bottom feeder.

how will it affect Ireland and other places it holds Hundreds of $$billions$$ to shield from us taxes?

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