Apple Magazine - Issue 396 (2019-05-31)

(Antfer) #1

Despite that, Huawei’s business elsewhere has
been expanding, with global sales up 19.5% last
year to 721.2 billion ($105.2 billion).
President Donald Trump’s administration has
imposed 25% tariffs on $250 billion in Chinese
goods and is preparing to hit another $300
billion worth. That would extend the higher
tariffs to just about everything China ships to the
United States.
China has ordered higher tariffs on $60 billion
worth of American goods, among other
retaliatory tactics.

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