foxconn is ready to move iphone production out of china if needed

The trade war between the United States and China could bring more pain to Apple with the US president threatening Beijing with imposing new tariffs on about $300 billion worth of Chinese goods, including Foxconn-built iPhones and iPads.

The US already imposed tariffs on some of the accessories Apple sells, but those hardly have a significant impact on its bottom line. The iPhone is a whole different story of course and any extra tariffs will either result in a spike of the price for end users or a big hit in Apple’s profit.

In response to that a senior executive at the Taiwanese…