Ford Rules Out Making Focus Active Wagon In The U.S.

Ford Focus on display in China

Trump: Apple could be tax free if it makes products in the US

Despite tariffs hitting the Chinese economy, exports to the U.S. are still showing relative resilience and that will be something that will continue to draw the ire of Trump in this whole dispute.

"[Ford can make Focuses] in many other plants around the world, so if they made a decision to continue to sell a Focus variant in the U.S. market, there are several options other than building it in the United States".

Mr Trump last Friday threatened duties on another US$267 billion (S$368 billion) of goods on top of US$200 billion in imports primed for levies in coming days. "The impact on exports may gradually start to show up, with future export growth possibly declining", said Liu Xuezhi, an analyst with Bank of Communications.

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The trade surplus hit $31.05 billion in August and it continues to add fuel to the already heating up trade rhetoric between the USA and China. A message left with Apple's press office seeking comment on Trump's remarks wasn't immediately returned.

"Without the tariffs, the business case was pretty solid for that model in the USA market", Kim said.

In August, China unveiled a proposed list of retaliatory tariffs on $60 billion of USA goods ranging from liquefied natural gas to some types of aircraft, should Washington activate the tariffs on its $200 billion list. It asked the government to come up with other measures to bolster the economy. Computer and phone makers are involved in a global supply chain that includes Chinese manufacturing, and that can't be easily excluded without harm to USA companies, Intel said in a letter to the trade representative. "We are puzzled as to why the Administration may be using tariffs in part to re-engineer global ICT (information, communication and technology) supply chains that have served USA companies so well".

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Mohan also predicted that Apple would need to raise prices by 8 percent if it shifted 10 percent of its manufacturing to the USA - which he called the "most likely" scenario.

Apple generated $9.6 billion in sales in China in the fiscal third quarter, accounting for 18% of its total revenue in the period.

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Dolphins receivers Stills and Albert Wilson knelt during the national anthem, and defensive end Robert Quinn raised his right fist.

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