WS #12696
German battery maker Varta filed for insolvency after losing Apple as its main client, which shifted supplies to Asian producers. Trump threatened tariffs on Europe over fines on Apple and Google, on Mexico over lettuce, and on Canada over wildfire smoke, expanding trade threats beyond conventional economic matters. Apple is lobbying to use Chinese memory chips from CXMT and YMTC in products sold outside the US, colliding with Micron's push to block the move, putting Trump in the middle.
Varta files for insolvency after losing Apple
German battery maker Varta filed for insolvency after losing Apple as its main client, which shifted supplies to Asian producers.
Trump threatened tariffs on Europe over fines on Apple and Google, on Mexico over lettuce, and on Canada over wildfire smoke, expanding trade threats beyond conventional economic matters.
Apple is lobbying to use Chinese memory chips from CXMT and YMTC in products sold outside the US, colliding with Micron's push to block the move, putting Trump in the middle.