Tuesday, June 11, 2019

How Americans Are Losers In The US-China Trade War

Not any of the parts that go into iPhones are made in China, they are all sourced from countries within the western system, Japan, Korea, and also the USA (as well as Taiwan). The phones are only assembled in China for a few dollars each, and so the import tariffs will hurt the U.S. more than they do China, it says in this video.

It says under the video that it is sponsored by the Singaporean government, but Americans are interviewed who say the tariffs will hurt their business.

Everything is so interconnected now.

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