Trump calls on Apple to move production from China to US

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Earlier on Friday White House economic adviser Larry Kudlow said Trump will not make any decisions on his threatened tariffs on another US$200 billion worth of Chinese goods before officials evaluate public comments on them.

"I'm being strong on China because I have to be", Mr Trump told reporters on board Air Force One on a flight to North Dakota.

The president's solution is a simple one: stop making things in China, and make them in the USA instead.

On the $200 billion list are consumer products such as cameras, suitcases, tires and vacuum cleaners, which would see a tariff of 10% to 25% levied upon them.

"If the U.S. dogmatically implements any new tariff measures against China, China will have to take the necessary countermeasures", commerce spokesman Gao Feng told reporters.

"If the U.S. dogmatically implements any new tariff measures against China, China will have to take the necessary countermeasures", commerce spokesman Gao Feng told reporters.

The Trump administration has already slapped duties on US$50 billion of Chinese exports since July, which spurred immediate in-kind retaliation from Beijing.

If the administration does go ahead with another round of tariffs on Chinese products, it would mark the third set put into motion so far this year. That would mean penalties cover nearly all goods from China sold to the United States. It said in a late submission that its AirPods headphones, some of Apple's Beats headphones, and its new HomePod smart speaker would face levies, causing its shares to slip in late trading.

China's trade surplus with the United States reached $31 billion in August, an 18.7% increase from the same month last year and up from its previous record, $28.9 billion, in June this year, according to customs data. The US imported $505 billion in goods from China previous year.

"There is still an impact from front-loading of exports, but the main reason (for still-solid export growth) is strong growth in the USA economy", said Zhang Yi, an economist at Zhonghai Shengrong Capital Management.

The country's trade surplus with the U.S.

Computer and phone makers are involved in a global supply chain that includes Chinese manufacturing, and that can not be easily excluded without harm to United States companies, Intel said in a letter to the trade representative. "However, hope springs eternal".

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