China is now giving a red warning to the new elected American President Donald Trump that the country will stop selling iPhones in China if Trump implements his previous word which he marked before the election that he would impose a 45-percent trade charge on imported goods from China if he gets elected in the American election.
Well, on Monday the state-run Global Times cautioned that such measures would be a grave slip-up.
“If Trump wrecks Sino-US trade, a number of US industries will be impaired. Finally, the new president will be condemned for his recklessness, ignorance and incompetence.”
They also added that “A batch of Boeing orders will be replaced by Airbus. US auto and iPhone sales in China will suffer a setback, and US soybean and maize imports will be halted. China can also limit the number of Chinese students studying in the US.”
Furthermore, regarding this matter the Chinese foreign ministry spokesperson named Lu Kang stated that “I believe that any US politician, if he takes the interests of his own people first, will adopt a policy that is conducive to the economic and trade cooperation between China and the US.”
On the other hand, Paul Haenle, a veteran US diplomat as well as a director of the Carnegie-Tsinghua centre at Beijing’s Tsinghua University, said that “If he follows through on a 45% trade tariff then I think it will be damaging to our own interests and we will have fallout that will affect our own companies and our own economy and it won’t be effective. It will not achieve what he is setting out to achieve. So from that standpoint he is going to have to moderate some of that rhetoric as he puts together actual concrete policies.”
However, it goes without any doubt that China is a huge market for Apple where it has more than 800 million consumers which give a giant contribution to the American economy to grow, therefore, if Trump is being stubborn with his word then the big strike may hit on the American economy to break its wings.