In the last elections to the presidency of the United States, there was constant talk of a import tax carried out by the US This would affect technology companies, since their main factories are located in the Asian continent. Initially, Trump spoke of a 45% tariff on products imported from Asia and 35% on products imported from Mexico.
Since then the American administration and technology companies have approached positions. On the one hand, the premises of Donald Trump's cabinet have been reduced and technology companies are carrying out plans to produce part of the elements within the United States.
The reality today speaks of a 10% tax on imported goods. Economists have been assessing what the real impact would be on the products sold by Apple.
This report has been collected in the magazine The mercury news. According to the teacher's testimonies John vande vate, from the Georgia Institute of Technology indicates: «You and I are going to pay for it» in relation to the expected tariffs.
On the other hand Marcus noland, Senior Vice President at the Peterson Institute for International Economics, called the measure "A real disaster". Noland is a fervent advocate of free trade and believes that a trade war hurts all parties:
A trade war started with product overruns… could lead to controversy over visas and immigration issues, which would harm the entire high-tech sector.
However Renée Bowen, from the prestigious Stanford Business University, comments that a tax of this magnitude affects not only technology, but all business relationships as a whole.
If we decide to impose tariffs or barriers to trade on our trading partners, we must expect reciprocal action, which of course is not good for our industries and not good for prices… which would produce a downward spiral.
However, there are also professors who believe that a 20% tariff would tip the balance toward the purchase of national products by Americans, as well as promoting jobs on American soil. In this line is Steven Calabrese, from Northwestern University.
Apple and other technology companies, They study all the strategies so as not to affect the possible increase in taxes on products or at least reduce their impact as much as possible..