Reported 3 months ago
Chinese shipments of Apple's iPhone to the U.S. have hit their lowest point in 14 years due to the impact of Trump-era tariffs. The Port of Los Angeles reported a 30% drop in shipments, as retailers and importers struggle to cope with increased tariffs, which are raising concerns about inflation and investment uncertainties. Key economic leaders warn that the long-term effects of these tariffs could reshape global trade dynamics.
Source: YAHOO