Here is why relocating Apple’s supply chain from China makes business sense. U.S. President Donald Trump disclosed he has had a discussion with Apple Inc’s Chief Executive Officer Tim Cook on the impact of U.S. tariffs on Chinese imports as well as competition faced by Apple from South Korea’s Samsung Electronics Co Ltd. Cook “made…
BMW’s Oxford plant in southern England, which produced 60% of its vehicles in 2017, will take a significant hit. On Tuesday, BMW’s CEO Harald Krueger stated, he sees a 50% chance of Britain leaving the European Union without a trade agreement. In the case of a disorderly exit, BMW will be forced to shift more…
In recent weeks some of the biggest companies operating in Britain have been critical of a lack of clarity in Brexit’s outcome. On Thursday, Jaguar Land Rover, Britain’s biggest carmaker stated, if the negotiations between Britain and the European Union were to result in a so-called “hard Brexit” it would cost it $1.59 billion (1.2…
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