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Apple Vulnerable in U.S.-China Trade Showdown

July 24, 2018 12:54 PM
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The U.S. imported about $45 billion in mobile phones from China last year

The phrase on the back of iPhones—“Designed by Apple in California. Assembled in China”—highlights a key reason for the company’s remarkable success but also shows how exposed it is to the escalating U.S.-China trade fight.

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