What next for products like an iPhone made in China? And more than your answers to your questions

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As of Saturday, all goods imported into the United States from anywhere in the world will face a 10% tariff for a “base line”.

Donald Trump has announced higher percentages for some countries, which he cited as the “oldest offenders” for trade.

Our correspondents answer your questions about what this means and the impact it may have.

What happens to US products that are produced in China?

Mike Hayfield, 60, in Preston, asks a senior technology reporter, Graham Fraser, what happens to the products – such as iPhone – made in China by US companies?

One attention -drawing consequence of the declaring tariffs is the impact on Apple, with the cost of its shares 7%.

The US technology giant has large manufacturing bases in some countries affected by President Trump’s policy -more special China, which faces 54%tariffs, and Vietnam (46%).

In 2019, when Trump was first in the White House, Apple received exceptions from Chinese rates. Apple’s bosses will hope to make such a deal this time.

The Citi Global Investment Bank said: “If Apple cannot be released this time and assume that Apple will be affected by the accumulating 54% tariffs for China and does not pass it, we estimate about 9% negative impact on the company’s total gross margin.”

In February, Apple is committed to investing more than $ 500 billion (£ 396 billion) in the United States over the next four years. At that time, Trump claimed that Apple’s support for production in the United States was partly a response to its commercial policies, including tariffs.

How will tariffs affect US users?

Paul Miller, in Devon, asks Dharchini David, a deputy economy, for the impact of tariffs on US consumers and whether the UK can win from them.

US buyers could be many victims of the front line in this trade war, which is sunk at higher prices and less choice, regardless of the President’s rhetoric.

And that means that manufacturers will search and take advantage of the new markets.

We saw that in the president’s first term, when Vietnam and Malaysia’s likes took advantage of the tariffs he imposed on China to increase the amount he sold to America.

Ironically, they are therefore in the fired line now – and so they will probably fight to sell more to the United Kingdom – good for consumers, less for competitive businesses

Many manufacturers are already looking beyond established customers – think that whiskey manufacturers who look at Asia. This is likely to be intensified.

Trump’s message can mean re -forcing the World Trade Card – and our own shopping lists.

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Will this have an effect on the costs of life of the United Kingdom?

Nuneaton Jock Scott, asks business reporter Nick Edser if US tariffs have an effect on the UK’s life costs.

As always, when you look at the consequences of tariffs, there is a lot of uncertainty about it. In some circumstances, the prices of the United Kingdom may rise, in others they may fall.

The tariffs announced by Trump on Wednesday will be paid by enterprises importing goods to the United States. This means that the initial impact of price increases is likely to be on US consumers if US companies are transferring additional costs.

However, some economists believe that tariffs can enhance the value of the dollar compared to other currencies. If the pound weakens against the dollar, then the UK companies that import goods from the US will face higher costs. This can then lead to higher prices for these goods in the United Kingdom stores if companies cannot bear the increased costs themselves.

In addition, if the United Kingdom government decides to avenge its own tariffs for US goods entering the United Kingdom, the United Kingdom’s risky prices may be increased if the British business has transferred additional customer costs.

However, some economists suggest that prices may also fall as a result of tariffs.

Swati Dhyingra, an economist and member of the Committee on the Bank of England, which defines interest rates, offered companies that usually send their goods to the United States, may instead send them to countries that do not have such steep tariffs, such as the United Kingdom, which potentially leads to a flood of more expensive goods.

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What does this mean to my pension?

Robert Jones, from Cardiff, asks Kevin Peaci, a living cost correspondent, for the impact of tariffs on our retirement investment.

There is little doubt that Trump’s message about tariffs has led to Instant movements in stock prices And they are also likely to have a long -term economic impact.

Robert and Stephen mentioned the decline in the value of their retirement investment and the situation will be disturbing for millions of people with all kinds of investment.

Experts say investors have always had to drive economic shocks. Investments by definition require a long -term perspective and strategy. So, they urge people not to panic or to make knee decisions.

This said that for those who are to benefit from investment, it may be more worrying, although most retirement savings move to more favorable farms such as money or bonds when people approach the retirement age. The state pension has not been affected.

Does the United Kingdom have a “benefit to Brexit” over the EU?

Paul Naldret of Windsor asks business correspondent Mark Ashdown if the position of the United Kingdom outside the European Union is actually an opportunity, since the EU is given 20% tariffs.

Some of them mean “Brexit benefit” as the United Kingdom is only 10% tariffs and not 20% of the EU mold.

Not only will this limit the pain of British business compared to their European neighbors, but it can present trading opportunities.

United Kingdom exporters to America could have a competitive advantage, with US importers only faced with half of the tax, dealing with business in the UK instead of EU business.

British companies – and consumers – can also benefit from the cheaper goods that find their way here, instead of America, if the additional costs turn out to be insurmountable.

But there are concerns about the impact that could have on home industries, if cheap products, probably with lower standards, flood the United Kingdom market.

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