Silicon Valley’s biggest companies are already getting caught up in what could turn into a series of tit-for-tat actions between the world’s two largest economies. President Trump’s trade war with China kicked off on Tuesday, with the White House implementing a 10% tariff on all Chinese goods coming into the US. Apple is taking hits from both the US and China in the countries’ latest economic skirmish. The US kicked things off by levying its tariff on goods made in China, which includes Apple products and its all-important iPhone. Is the world likely to go o recession ?
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