China to cut iphone sales and adopt "Tit for Tat approach" if Trump declares Trade war - chaprama | Insights from the world of Technology and Lifestyle

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Tuesday, November 15, 2016

China to cut iphone sales and adopt "Tit for Tat approach" if Trump declares Trade war



China fires a warning shot to cut iPhone sales if the newly elect president trump imposes a 45% tariff on imports fromchina. Earlier Trump in an interview with CNBC, during election campaign strongly expressed his views with regard to China referring them as great magicians who stole the
Intellectual property of US .He said china was the No1 abuser of United states. 

This created a sense of uncertainty in the US- China relations if trump wins, and on the policy he adopts. In the latest developments, Chinese president Xi Ping telephoned Trump and congratulated on his win in the presidential elections. He stressed the importance of strong US- China relationships. 

Trump asserted that the Sino - US relation is a win-win situation and would work closely to the betterment of relations. On the other hand, Chinese media cautioned the US, that it is ready to adopt counter measures and willing to implement “Tit for Tat approach”. 

In a slew of measures, it threatened to cut iPhone sales, stop US Maize and Soybean imports. It will also limit the number of Chinese students studying in the US, the Global times wrote in a column. The Global times is a daily newspaper subsidiary to people’s daily run by ruling communist party of china.

 In April this year, Beijing’s top media regulator called for a ban on iTunes and iBooks stores. In June this year, a local court  ordered Apple to halt the sale of iPhone 6 and 6plus after Shenzhen- based baili  filed a case that it copied its smart phones design. 

Although Apple is facing flak in recent times, china is the third biggest market place for apple behind US and Europe. Despite the hardships, the company has  invested$1 billion in china in the raid- hailing service Didi Chuxing, the biggest competitor of Uber.

However, an official statement from Apple on this issue is awaited.

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