President Trump on Saturday responded to Apple's letter concerning the impact the proposed tariffs on $200 billion worth of Chinese goods will have on the tech giant's products suggesting there's an "easy solution".
Exports to the United States rose 13.4 percent to $44.4 billion, ticking up from July's 13.3 percent growth, according to customs data.
The two sides are still maintaining working communications after bilateral talks at the vice-ministerial level took place late last month in Washington, and any pressure the United States applies will be ineffective in its dealings with China, Gao said.
The Mac mini desktop computer, Apple Pencil stylus accessory for iPads, various chargers and adaptors and tooling equipment used to manufacturer and design some products in the US will also be affected, the Cupertino, California-based company told the Office of US Trade Representative in a letter dated September 5.
President Donald Trump, surrounded by business leaders and administration officials, prepares to sign a memorandum on intellectual property tariffs on high-tech goods from China, at the White House in Washington, March 22, 2018. In a recent Securities and Exchange Commission filing, Apple warned that tariffs and "other protectionist measures" could hurt the company financially. That would mean penalties cover nearly all goods from China sold to the United States.
The new $267 billion in tariffs would cover the value of all goods the Unites States buys from China, U.S. government data from a year ago show. "I hate to this, but behind that there is another [US]$267 billion ready to go on short notice if I want".
"That totally changes the equation", Mr Trump said.
Still, it has been cheaper for USA consumers to buy Chinese goods with the weaker yuan.
In Beijing, China's Commerce Ministry said Thursday it was ready to retaliate.
A part of Apple's letter, which was first reported on by Bloomberg, reads, "It is hard to see how tariffs that hurt USA companies and US consumers will advance the Government's objectives with respect to China's technology policies".
"China, right now, is a far bigger problem", Trump said. But 2018 imports from China through July were up almost 9% over the same period of 2017, according to US Census Bureau data.
The yuan sunk almost 9 percent against the USA dollar from April through July, according to China's Wind Information data.