The Latest on Apple and the China Tariffs

With the potential tariff hike looming, major companies, including Apple, are looking for production options outside of China. While it would take months for such large-scale production to be shifted to a new location, it’s possible that the new iPhones slated for release later this fall could be impacted, which means they might be even pricier than past models.

Why U.S. Entrepreneurs Are Looking South for Opportunities

 More and more international startups are heading south - to South America, that is. Thanks to the region’s commitment to helping entrepreneurs and small businesses thrive, countries like Argentina and Chile, as well as other Latin American countries, are becoming “ideal launchpads” for business-savvy individuals from the United States.

How the Trade War is Impacting Small Business

Despite an effort to minimize current international affairs, it looks as if the United States is now officially in a trade war, one that has expanded since the first well-publicized conversations with President Donald Trump and other global leaders. With tariffs being expanded to upwards of 25% to all Chinese imports (including everyday items like toys and toasters), it looks as if nearly $300 billion worth of products are going to be impacted, and that’s in addition to the previous $250 billion already announced.

 This news isn’t just bad for consumers, but it’s bad for small businesses, too.

What the Proposed Tariff on Mexico Could Mean for Wall Street

President Trump has recently spoke publicly about his idea to impose tariffs on “all goods imported from Mexico” unless the government in Mexico “substantially stops the illegal flow of aliens”. While it’s unclear how far the President will go to make sure this new tariff goes into effect, if it does, there are several consequences that need to be considered, including the instant increase in prices on many of the goods consumers in the United States purchase regularly.