Taiwan's Foxconn says it can plan production around Trump tariffs

Taiwan's Foxconn , the world's largest declaration electronics shaper and Apple's main iPhone maker, tin program its accumulation astir caller U.S. tariffs, the company's president said connected Wednesday.

U.S. President Donald Trump announced and past paused until March 4 an across-the-board 25% tariff connected each U.S. imports from Mexico and Canada.

Foxconn Chairman Young Liu, speaking to reporters astatine the company's office successful New Taipei, extracurricular the superior Taipei, noted it manufactures successful some the United States and Mexico.

"Depending connected the tariffs, we volition program antithetic accumulation capacities accordingly," helium said.

Trump wants companies to manufacture successful the United States and Foxconn volition marque applicable "arrangements" with its partners successful the country, Liu added.

"For the company, if we don't manufacture here, we tin bash it there, truthful the interaction is not excessively great," helium said.

However, tariffs wide volition not beryllium bully for the satellite system and volition shrink markets, Liu added.

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