Escalating U.S.-China Trade War Forces Apple to Navigate Tough Terrain Amid Rising Tariffs
Apple faces global price increases due to U.S.-China trade tensions, as tariffs impact supply chains and consumer sentiment declines sharply.
However, some reports suggest that China’s retaliation may not stop with tariffs.
Beyond China-US tariffs, officials warn of 'tsunami' of cheap Chinese goods
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For Apple, even if it can build products for the US market in India, Trump's negotiations with China "remain the most important variable for Apple" to retain its global dominance.
Apple silent as Trump promises “impossible” US-made iPhones
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Partly for that reason, China is also trying to use the tariff chaos to position itself as a broker for global stability and a defender of free trade alongside traditional U.S. allies.
Why Trump's attempt to pressure Beijing with ever-rising tariffs could backfire
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Despite Mr. Trump's move this week to ratchet down trade tensions, Americans seem worried.
Stock market rises as China jacks up tariffs on U.S. to 125%
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Ceteris Paribus, imposing blanket tariffs will do more harm than good, but it is worth understanding the reason behind it.
Sorry, America, tariffs won’t bring jobs back
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Panic-buying could boost short-term sales for the iPhone-maker, but the greater impact of tariffs won't be felt until the following quarter.
Apple Shoppers Are Panic-Buying iPhones as Tariffs Hit, Report Says
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This sequence of events raises grave legal and ethics concerns.
Warren asks SEC to investigate possible 'market manipulation' after tariff reversal
Boston Globe·22d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.Leans LeftThis outlet slightly leans left.
The economy may slow down this year due to the uncertainty over trade and other policies, but noted that could change depending on how any policy shifts play out and when they occur.
Big bank CEOs weigh in on Trump's tariffs: 'Considerable turbulence'
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The recent back and forth between the two nations has led to hopes of resolving trade tensions to fade.
China, ‘Not Afraid’ of Trade War With Trump, Matches Tariffs Against U.S. Goods
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The risk that this escalating trade war tips the world into a recession is rising as the two largest and most powerful countries in the world continue to punch back with higher and higher tariffs.
WATCH LIVE: White House holds news briefing as China again retaliates against Trump tariffs
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Trump’s approach so far doesn’t invite this outcome.
Why China Won’t Give In to Trump
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The senators accuse Trump of announcing “a series of erratic, reckless tariffs, leading to significant market turmoil”, adding: “As a direct result of this chaos, the US financial markets have experienced dramatic declines over the course of just a few days.”
Democrats call for insider trading investigation over Trump’s tariff pause
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The JPMorgan chief executive made the comments as his bank—the largest in the United States—reported a 9 percent increase in profits for the first quarter of 2025.
JPMorgan CEO Jamie Dimon Warns of ‘Considerable Turbulence’ Amid Tariff Threats
Epoch Times·22d·Mixed ReliableThis source has a mixed track record—sometimes accurate but also prone to bias, sensationalism, or incomplete reporting.RightThis outlet favors right-wing views.What makes this particular moment unique is that the back-and-forth over tariffs has created a degree of paralysis with hiring freezes and uncertainty.
Potential impact of trade war on jobs and inflation sends US consumer sentiment plunging
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The U.S. has the most powerful consumer market of any country in the world, and China’s reliance on exports means that its economy will likely suffer provided the Trump administration actually enforces its mammoth tariffs against Chinese goods.
Who Holds The Cards In US-China Trade War?
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The soft data has clearly deteriorated because of Trump’s tariffs.
US consumer sentiment plummets to second-lowest level on records going back to 1952 | Business
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Investors are worried that China's triple-digit tariff on the U.S. could drag economic growth.
China hits the U.S. with hefty tariff. And, how free speech is shifting at colleges
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The 145% tariff on China will still impair corporate profits.
US stock futures little changed after China raises tariffs on US goods to 125%
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Given the size of the two economies, experts fear global economic turmoil.
China Unveils Countermeasures, Raises Tariffs on U.S. Goods
TIME Magazine·22d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.Leans LeftThis outlet slightly leans left.The anticipated surge in inflation could, however, be tempered somewhat by softening domestic demand, evident in March's consumer price report that showed monthly declines in airline fares as well as hotel and motel room prices.
Wholesale Inflation Falls More Than Expected to 2.7%
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Stock market losses early on Thursday erased some of the historic rally on Wednesday, set off by Trump's tariff announcement.
US stocks close sharply lower, wiping away some of historic rally a day earlier
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China was once looked to by Hollywood to help boost the box office performance of movies, since the former is the world’s second-largest film market.
China targets Hollywood films in retaliation of tariffs; Trump responds
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Apple’s strategy illustrates the lengths to which companies will go to circumvent tariffs and manage market pressures.
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China has thus far focused on Europe, with a phone call between Premier Li Qiang and European Commission President Ursula von der Leyen "sending a positive message to the outside world."
China reaches out to others as Trump layers on tariffs
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The markets corrected a little following Trump’s announcement on Wednesday, but they dropped again on Thursday, and it’s hard to imagine that the president’s back-and-forth tariff agenda is going to inspire a ton of economic trust.
So … What's Going on With the Tariffs Now?
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Today’s market won’t measure the long-term damage Trump has done to the U.S. economy by destroying global trust in America that took generations to build.
Even Trump Voters Fear the Tariffs
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This backward-spooling reasoning is evidence of many things, no doubt, but the efficacy of tariffs in leveling global market access—let alone stoking a full-fledged domestic manufacturing revival—isn’t among them.
Trade Catastrophe Could Be the Thing That Finally Tears the GOP Apart
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Markets around the world rallied after Trump's U-turn - something his allies were also quick to highlight, along with the perceived growing isolation of China.
Trump allies relieved by global tariffs reprieve
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The real reason Trump caved was the stock market.
"Suffering from the whims of a madman": MAGA measures true cost of Trump's tariff gamble
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Tariffs are taxes, and that the president attempting to unilaterally impose such taxes—and transform our economy overnight—is a constitutional breach.
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The uncertainty has caused chaos in the market for days, with the Dow losing more than 4,600 points and the S&P 500 sustaining a 12% fall.
Stock Market Rebounds, Recession Prediction Withdrawn After Trump Presses Pause on Tariffs
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It’s not clear what further steps China will take, but the Foreign Ministry’s Lin said China will not sit idly by and let the legitimate rights and interests of the Chinese people be deprived of, nor will we allow the international trade rules and multilateral trading system to be undermined.
China Reaching Out To Other Nations Amid Escalating Trade War With U.S.
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Summary
In a significant escalation of trade tensions, China has increased tariffs on U.S. imports from 84% to 125%, amid President Trump's 145% tariffs on Chinese goods. Markets are experiencing volatility, with experts warning of a looming recession. Apple's iPhone production faces pressure as tariffs affect costs, with further predictions of global price hikes. This situation is compounded by Trump's criticisms over the delay of his TikTok deal and rising U.S. consumer sentiment anxiety— the latest index dropped to a low since the pandemic. Despite leveraging its $500 billion U.S. investment plan, analysts question Apple's ability to fully mitigate tariff impacts.
Perspectives
Trump defended and acknowledged issues with the tariffs, suggesting they will lead to better trade terms and economic outcomes in the long run, despite current challenges.
A pause on tariffs for many countries aims to provide room for negotiation, but the tariffs against China have significantly increased, raising concerns about inflation and economic impact.
Despite Trump's claims of a transitioning economy, consumer sentiment has plunged sharply, with many Americans expressing anxiety about rising unemployment and inflation linked to the tariff policies.
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