Posted inAT Finance, China, Japan, Middle East, Northeast Asia, South Asia, South Korea, Taiwan, Vietnam, World

China makes $8.46 from an iPhone — that’s why a trade war is futile

The Trump administration’s tariffs on China have so far targeted mostly industrial goods like aircraft engines and gas compressors. But the administration has also threatened to slap tariffs on US$200 billion in other goods if the dispute continues. No list of all the goods that might be subject to tariffs has been released, but it […]