Famous US analyst: Apple will become the biggest loser in Sino US trade dispute.

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 Famous US analyst: Apple will become the biggest loser in Sino US trade dispute.


NetEase news on April 29th, according to CNBC, according to CNBC, Jim Cramer (JimCramer), an analyst and analyst of CNBC technology media, predicted that if the Sino US trade war broke out, companies such as Apple and WAL-MART (Walmart) would be in trouble, but Apple would be the biggest loser. Cramer said: without seriously damaging the US economy, you will never be able to hit China seriously. Why do you say that? Because China is our biggest trading partner. Cramer said that there will always be winners and losers in this battle. For two of the biggest US companies, apple and WAL-MART, tariffs on imports of 100 billion dollars worth of Chinas imports, which account for 1/5 from Chinas total imports, will have a huge negative impact on consumers and investors. Cramer said: in any case, one of these two companies will be hit hard. If we impose heavy taxes on many important technologies, these technologies may eventually hurt Apples interests. Or, we can impose taxes on a basket of consumer goods, which is equivalent to raising taxes on WAL-MART. Although apple and WAL-MART have quite a large business in China, WAL-MARTs 10% business is in China, while Apple accounts for 20% of Chinas business. Apple is the most vulnerable, Cramer said. Trumps most direct way of dealing with $100 billion in Chinese goods is to impose tariffs on electronic products, which could increase the cost of mobile phones, computers and other components. Many of Apples products are assembled in China. Trade wars may disrupt its supply chain and may trigger other punishments, such as boycott. Apple can try to transfer these (costs) to consumers, Kramer said. The 20% tariff on the mobile phone means that the $1000 iPhone that is assembled in China suddenly rises to $1200. At present, the key aides of President Donald Trump are preparing to leave for China to hold talks. DonaldTrump (small) source of this article: NetEase science and technology report editor: Wang Fengzhi _NT2541 Although apple and WAL-MART have quite a large business in China, WAL-MARTs 10% business is in China, while Apple accounts for 20% of Chinas business. Apple is the most vulnerable, Cramer said. Trumps most direct way of dealing with $100 billion in Chinese goods is to impose tariffs on electronic products, which could increase the cost of mobile phones, computers and other components. Many of Apples products are assembled in China. Trade wars may disrupt its supply chain and may trigger other punishments, such as boycott. Apple can try to transfer these (costs) to consumers, Kramer said. The 20% tariff on the mobile phone means that the $1000 iPhone that is assembled in China suddenly rises to $1200. At present, the key aides of President Donald Trump are preparing to leave for China to hold talks. DonaldTrump (small)