Trump’s Tariff Delay Designed to Aid U.S. Companies Moving Out of China

According to the Nikkei Asian Review and The Wall Street Journal, Apple is considering moving 15% to 30% of its  production capacity from China to Southeast Asia as part of “a fundamental restructuring of its supply chain.”  When announcing the recent tariff delay, the president noted that Apple CEO Tim Cook made a “very compelling argument” for delaying the tariffs as they would aid Apple competitors such as Samsung, which manufactures its products in South Korea.