Apple Warns More Tariffs on Chinese Goods Will Hurt U.S. Economy

The transcript discusses the impact of tariffs on Chinese imports, highlighting concerns about global competition. It examines the risks Apple faces in redirecting its supply chains, particularly its exposure to the Chinese market. The conversation also covers Apple's strategic plans to move a significant portion of its manufacturing out of China to diversify its supply chain. The challenges of relocating supply chains, including regulatory approvals and potential disruptions, are also addressed.

What is a potential consequence of imposing more tariffs on Chinese imports?

• It could strengthen the U.S. economy.

• It might tilt the playing field in favor of global competitors.

• It will only affect the Chinese economy.

• It will have no impact on global trade.

What is one of the risks Apple faces due to trade tensions?

• Increased competition from local markets.

• Disruption in its supply chain and sales in China.

• Decreased demand for technology products globally.

• Lack of innovation in new products.

What percentage of its manufacturing is Apple considering moving out of China?

• 30-40%

• 20-30%

• 10-20%

• 40-50%

What is a challenge mentioned in relocating supply chains?

• High transportation costs.

• Lack of raw materials.

• Getting regulatory approvals and setting up manufacturing facilities.

• Finding skilled labor.

Which country is suggested as a potential new location for Apple's supply chain?

• Mexico

• Taiwan

• India

• Vietnam