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Trade war

US-made iPhones would cost $150 more, supplier says as tariffs loom

Trump's dig at Apple underscores challenge for assemblers of rethinking China supply chain

Apple, in a letter to the Trump administration, expressed concern that proposed tariffs "will result in lowerU.S. growth and competitiveness and higher prices for U.S. consumers," like the iPhone users pictured here.   © Reuters

TAIPEI -- The time has come for many key suppliers behind Apple, Google and Amazon -- the most valuable companies on the planet -- to make emergency plans to move some production out of China as U.S. President Donald Trump escalates a trade war that risks hitting electronics makers hard.

Trump on Friday said tariffs covering an additional $267 billion of Chinese imports would be "ready to go on short notice," on top of a $200 billion round already on the way. The most notable targets for escalation would be electronics, especially a wide range of Apple devices, which had been spared before.

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