“The situation is so fluid that I feel that I have to check my phone right now.” Samsung Exect on the impact of American tariffs on mobile business

This week, Samsung is boldly revealing some of its most notable folding phones. They are thinner, lighter, more intelligent and, yes, more expensive. In the United States, at least, that trend can continue more dramatic if President Trump advances with his 25% tariff on the goods produced in South Korea.

You may not realize that despite its ubiquity in the United States, Samsung is located and operated outside South Korea. Like many global technology companies, it manufactures products at its base of operations, as well as in Vietnam, India and Taiwan. In the United States, President Donald Trump is trying to drag manufacturing to the coast of the United States and do so mainly through the coercion of rates, which are basically taxes applied to all goods sent to the United States. It is a cost that eventually worries the consumer.

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