Even Trump Is Now Admitting That Us Companies Like Apple May Be Shouldering The Cost Of His China Tariffs

AP Photo/Alex Brandon The Trump administration gave the public a split-screen view of its approach to tariffs on China Sunday. On Sunday, White House trade adviser Peter Navarro repeated a familiar line about the ongoing US-China trade war, saying China alone is bearing their full cost in a CNN interview. But President Donald Trump veered in the opposite direction to Navarro and said the tariffs may be making it harder for Apple to compete with its rivals. Trump's comments on Apple mark another striking development in his erratic messaging on trade in less than a week. It reflects the escalating pressure the administration is facing from business leaders over fears of a recession and the large hit American businesses are taking.

 

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