China vows to respond if U.S. takes new steps on trade

Despite Trump tweet, Ford says it won't make hatchback in US

Trump said Friday he is considering another US$267 billion of tariffs on China, which analysts said will affect virtually every category of consumer goods, to retaliate against what he calls unfair trade practices.

The Australian dollar, a proxy for Chinese growth because of the large amount of metals it sells there, hovered near its lowest in 2 1/2 years and was last at $0.7115. But disagreements between the two major economic powers run deeper than just the trade balance and tensions remain over limits on USA firms' access to Chinese markets, intellectual property protection, technology transfers, and investment.

Manufacturing iPhones in the US would increase prices too.

Even cars that are both made and sold in the US are not exempt from the implications of tariffs.

In January 2017, Trump said he spoke to Apple CEO Tim Cook over the phone and he promised to build "three big plants" in the U.S. "With any updates detailing the implementation based on President Donald Trump's suggestion, that would most certainly be negative for equity markets, one to watch in the week", she said.

"Apple prices may increase because of the massive tariffs we may be imposing on China", Mr Trump tweeted, "but there is an easy solution where there would be ZERO tax, and indeed a tax incentive". But it is running out of room to match them dollar-for-dollar, raising concern it would resort to other measures, such as weakening the yuan or taking action against US companies in China.

ICC says 'undeterred' after threats of United States sanctions
Neither Afghanistan nor any other government party to the ICC's Rome Statute has requested an investigation, Bolton said. The ICC, which is based in the Hague, has a mandate to prosecute war crimes, crimes against humanity and genocide.

18 dead as plane crashes into lake in South Sudan
In 2017, four passengers were injured when a plane crashed into a truck trying to land in the city of Wau amid bad weather. The plane crashed by a river and an eye witness had earlier informed the press that some of the bodies had been recovered.

Dez Bryant mentions Patriots, Redskins as possible destinations
In simple terms: The Cowboys' offense was without a big-play downfield threat, a fact that didn't escape Bryant. He also got an offer from the Baltimore Ravens, which he turned down before the National Football League draft.

The latest battle between President Donald Trump and an American company pits the president against Apple. This auto can now be BUILT IN THE U.S.A. and Ford will pay no tariffs!

Apple might increase US production in the next 5 - 10 years, but it will still remain a small part of its manufacturing footprint.

Ford, however, has no plans to move production to the United States. The higher expense of US labor would likely boost the price of Apple products by 20 percent, CNBC.com reported, citing Bank of America Merrill Lynch.

For now, Ford simply won't sell the vehicle in the U.S.

Earlier this week, Apple said in a regulatory filing that the president's proposed $200 billion in fresh tariffs on China would cover "a wide range of Apple products", from its Mac Mini computer to cables, chargers and laptop cases. It's too costly to build that vehicle here and they weren't planning to.

Related news:

Hot News

isis-killer-beheading-video-story-top One million asked to evacuate as Hurricane Florence closes in
Sep 11, 2018 - 14:41
Hurricane Florence was traveling over warm Atlantic waters and gaining energy as it moved 625 miles southeast of Bermuda Monday. He says storm surge could reach as high as 10 feet (3 meters) and estimates 1 million residents will be leaving the coast.

Zinedine Zidane will 'return to coaching soon' amid Manchester United links
Sep 11, 2018 - 11:57
Zidane has worked with both Kroos and Rodriguez during his time at Real Madrid , and is a big fan of Thiago's work in midfield. Zidane has a burning ambition to manage in the Premier League and a club like United would complete the dream.

isis-killer-beheading-video-story-top Novak Djokovic reveals how he reacted to Roger Federer US Open exit
Sep 11, 2018 - 11:11
Djokovic broke early to take a 3-1 leave in the third set but a lapse in concentration allowed Millman to draw level. Open history. "I don't know what to add to that". "I actually don't think it's that hot".

isis-killer-beheading-video-story-top Sen. Booker speaks in Austin following ‘Spartacus moment’ during Kavanaugh hearings
Sep 11, 2018 - 10:43
Throughout his testimony, Kavanaugh has repeatedly insisted that he fully embraces the importance of judicial independence. Along with Alaska Senator Lisa Murkowski, Senator Collins' vote could change the outcome of this critical legislation.

isis-killer-beheading-video-story-top Senior Tories slam Boris Johnson
Sep 11, 2018 - 07:27
Back in the heady pre-Brexit days of early-ish 2016, top Tories were strongly opposed to explicit attacks on Boris Johnson. His extraordinary comments came just hours after he announced he would be divorcing his wife of 25 years , Marina Wheeler.

isis-killer-beheading-video-story-top Kerala comes to a standstill on Bharat Bandh day
Sep 11, 2018 - 07:18
Offices were opened on time and official work was not affected at the Delhi Secretariat due to Bharat Bandh , an official said. The state government also announced a holiday for schools and colleges in Bengaluru on Monday as a precautionary measure.

isis-killer-beheading-video-story-top Florence expected to become a 'major hurricane' as it heads to US
Sep 11, 2018 - 07:12
Meanwhile the growing Hurricane Florence is forcing cruise ships based up and down the East Coast to alter itineraries. One, Hurricane Florence, is already cause 85-mph winds expected to become an "extremely dangerous" major hurricane.

Nicki Minaj Addresses Cardi B Feud
Sep 11, 2018 - 03:57
Do you know how many creatives will never get the opportunity to be invited by Harper's Bazaar? In the note, she wrote, "I've let a lot of s-t slide!" Welp.

isis-killer-beheading-video-story-top Idlib assault could be worst humanitarian crisis of Syrian civil war
Sep 11, 2018 - 03:27
News has travelled to the Turkish border, just across from Idlib province, the final rebel-held corner of a ruined land. There are more than 2 million people in the 70,000 fighters belonging to more than a dozen rebel factions.

isis-killer-beheading-video-story-top Ford Rules Out Making Focus Active Wagon In The U.S.
Sep 11, 2018 - 03:18
The company is making iPhone display glass in Kentucky, and is setting up new plants in other areas. Ford may keep building the Focus Active in China , but won't not sell them in the United States.

isis-killer-beheading-video-story-top Brown Apologizes to Munn for Not Addressing Predator Sex Offender Cut Scene
Sep 11, 2018 - 03:15
Black has frequently cast Striegel in his films, including 2013's " Iron Man 3 " and 2016's " The Nice Guys ". Munn said Thursday that she is continuing to do press for the movie because of contractual obligations.

isis-killer-beheading-video-story-top Trump administration talks with Venezuelan military officers on coup plans
Sep 11, 2018 - 02:45
The repeated meetings, however, showed a serious U.S. interest in the idea, and openness to toppling the Venezuelan government. In August 2017, media reports said Trump asked top advisors about the potential for a USA invasion of Venezuela.

isis-killer-beheading-video-story-top Phoenix Suns guard Devin Booker to undergo hand surgery, out indefinitely
Sep 11, 2018 - 02:30
The Phoenix Suns will return to Northern Arizona University in Flagstaff , Arizona for training camp from september 25-28. The Phoenix Suns announced Monday that shooting guard Devin Booker had successful surgery on his right hand.

isis-killer-beheading-video-story-top Gareth Southgate assesses England's defeat to Spain
Sep 11, 2018 - 01:57
The home side overcame a hard first 20 minutes in the second half to look the more likely team to score in the second period.

isis-killer-beheading-video-story-top Huge Hurricane Florence Looms Large in New Views from Space
Sep 11, 2018 - 01:03
This is a life-threatening situation for those along the North Carolina, South Carolina, and Virginia coastlines. Henry McMaster also suspended his campaign and asked President Donald Trump for a federal emergency declaration.