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Trump Trade Policy A 'Big Headache' For Customers, Says Apple-Supplier Foxconn's CEO: 'Very, Very Hard To Predict How Things Will Develop...'

Benzinga LogoBenzinga14h ago

Trump Trade Policy A 'Big Headache' For Customers, Says Apple-Supplier Foxconn's CEO: 'Very, Very Hard To Predict How Things Will Develop...' - Benzinga

Quick Summary:

Young Liu, the CEO of Apple Inc.(NASDAQ:AAPL) supplier Foxconn, also known as Hon Hai Technology, has publicly criticized President Donald Trump's tariff policy, warning it's creating chaos for tech giants like Apple and Amazon.com, Inc.(NASDAQ:AMZN).

What Happened: During an earnings call on Friday, Foxconn CEO Liu said the U.S.government’s tariff strategy is causing major disruptions across the global tech supply chain.

"Judging by the attitude and the approach we see the U.S.government taking towards tariffs, it is very, very hard to predict how things will develop over the next year".

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Trump Trade Policy A 'Big Headache' For Customers, Says Apple-Supplier Foxconn's CEO: 'Very, Very Hard To Predict How Things Will Develop...' - Benzinga (Picture 1)

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Article Details

Author / Journalist: Ananya Gairola

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-17 @ 03:24:41 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 485 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 27071112

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About Benzinga

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 9 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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