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Trump's trade war is pointless. China only makes $8.46 per iPhone.

Trending story found on www.businessinsider.com
Trump's trade war is pointless. China only makes $8.46 per iPhone.
Smartphones are the largest single product category in China's exports to the US. An estimated $15.7 billion from iPhone 7 and 7 Plus imports contributed to last year's trade deficit with China. But further research reveals this number doesn't reflect how much China actually makes from the iPhone.
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