Events
Name | organizer | Where |
---|---|---|
MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2024 London UK | MBCCI | London UK Goodman LLC |
NEWS

Mongolia, Uzbekistan vow to expand cooperation in agriculture www.akipress.com
Deputy Minister of Food, Agriculture and Light Industry Janimhan Saule received delegates led by Director of State Committee for Veterinary and Livestock Development of Uzbekistan Norkobilov Bahrom Turayevich on June 21, Montsame reported.
Deputy Minister Saule briefed on policies of the Government of Mongolia on agriculture and light industry and highlighted that Mongolia has a breadth of opportunity to cooperate with Uzbekistan in many sectors.
During their stay in Mongolia, the delegates got acquainted with nomadic cattle breeding and farming and visited several meat processing plants in Ulaanbaatar city. Since these plants introduced slaughtering standards for halal meat, it is creating conditions to export meat to Uzbekistan, noted the delegates.
The sides agreed to implement joint projects and programs further on expanding cooperation in animal husbandry and veterinary, to share practices as well as to augment trade of animal-related raw materials and products.

China Meat Imports Hit Record as Pork Prices Jump on Swine Fever www.bloomberg.com
China, the world’s top pork consumer, imported a record volume of meat in May in a bid to mitigate the impact of African swine fever as domestic pork prices rebound.
China bought 556,276 tones of meat and offal in May, up about 45% from a year earlier, according to official customs data published on Sunday. That brings total imports in the first five months to 2.2 million metric tons, a 23% increase from last year.
Pork imports surged the most among the meats, increasing 63% to 187,459 tons in May from a year earlier. Lamb shipments climbed 53% to 42,036 tons, while beef imports rose 41% to 123,720 tons. Frozen chicken purchases grew 26% to 63,430 tons, customs data showed.
Imports are unlikely to slow down, despite limited cold storage space at China’s major ports, said Pan Chenjun, a livestock analyst at Rabobank in Hong Kong.
For Chinese domestic pork, chicken, vegetable and fruits prices, please search ALLX CNPO.
Still, import growth for the whole year will likely be capped as China is shunning U.S. supplies due to the trade spat between the two countries, said Jim Huang, chief executive officer of China-data.com.cn, a consultant for the agriculture industry.
“There will not be enough meat elsewhere for China,” said Huang. Pork prices in some areas of the country have recently picked up despite low seasonal demand, indicating tight supply is looming, said Huang. Wholesale pork spot prices were at 21.55 yuan a kilogram on June 14, up 12% from the same period last year.
— With assistance by Shuping Niu

The diesel scandal just destroyed profit growth at Daimler, maker of Mercedes-Benz www.cnn.com
New York (CNN Business)Daimler, the German auto company that makes Mercedes-Benz, has slashed its 2019 profit expectations by hundreds of millions of euros. The financial downgrade, announced Sunday, is the latest fallout from the diesel emissions scandal that has rocked the German auto industry.
The company said that "various ongoing governmental proceedings and measures relating to Diesel vehicles" will affect the company's second quarter earnings for the 2019 fiscal year. It said it expects an increase in expenses related to those proceedings.
German automakers have faced years of scrutiny regarding harmful emissions that diesel vehicles produce. That scrutiny stems from a 2015 admission by another German automaker — Volkswagen (VLKAF) — that it rigged millions of diesel engines to cheat on emissions tests.
The revelation trashed confidence among consumer and regulators in diesel technology and cost Volkswagen tens of billions of dollars in recalls, legal penalties and settlements.
In April, the European Commission said Volkswagen, BMW (BMWYY) and Daimler (DDAIF) broke antitrust rules by acting together to delay the introduction of two emissions cleaning systems between 2006 and 2014.
Daimler said at the time that it has been "cooperating extensively" with the Commission and did not expect to be fined.
On Sunday, Daimler said that it's 2019 profit would be essentially flat to last year's.
- Charles Riley contributed to this report

Climate change: Cashing in on CO2 www.bbc.com
Scientists from round the world are meeting in Germany to improve ways of making money from carbon dioxide.
They want to transform some of the CO2 that’s overheating the planet into products to benefit humanity.
They don’t claim the technology will solve climate change, but they say it will help.
Carbon dioxide is already being used in novel ways to create fuels, polymers, fertilisers, proteins, foams and building blocks.
Until recently, it was assumed that energy-intensive firms burning gas to fuel their processes would need eventually to capture the resulting carbon emissions and bury them underground.
This option is inefficient and costly, so the prospect of utilising some of the CO2 as a valuable raw material is exciting for business.
Katy Armstrong, manager of the Carbon Utilisation Centre at Sheffield University, put it this way: “We need products for the way we live - and everything we do has an impact.
“We need to manufacture our products without increasing CO2 emissions, and if we can use waste CO2 to help make them, so much the better.”
Many of the young carbon usage firms are actually carbon-negative: that means they take in more CO2 than they put out.
We visited three pioneering businesses in the UK which are already making money out of CO2.
Here are their recipes for success (or at least, the ones they will share with us).
Three success stories
CO2 to fertiliser: CCm Technologies, Swindon
Recipe: Put cow dung and maize into a bio-digester, where bacteria break them down and produce biogas to heat our homes.
Mix the left-over sludge with nutrient-rich wastes from the fertiliser industry, sewage plants, farms or the food industry.
Pump in CO2, which helps the nutrients bind to the sludge.
Product: High-grade fertiliser pellets that have soaked up more CO2 than they produced. The technology has already won export orders.
CO2 to beer bubbles: Strutt and Parker Farms, Suffolk
Recipe: Take horse muck and straw from Newmarket races. Put the smelly mess through a bio-digester (as above).
Extract biogas and CO2. Using advanced membranes, separate out food grade CO2.
Product: Clean CO2 that’s sold to a local brewery to put the fizz into lemonade and lager.
CO2 to building blocks: Carbon 8 Aggregates, Leeds
Recipe: Take ash from the chimney of a waste incinerator plant.
Mix in water and CO2 - then stand back… this procedure gets very hot.
The CO2 is permanently captured within the waste ash to form artificial limestone for building blocks and other purposes.
The process has the additional benefit of treating the ash that would otherwise be sent to landfill.
Product: blocks that have locked up CO2, whilst also reducing the need for carbon-intensive cement. The technology is winning exports.
These firms are pioneers in what’s known as the Circular Economy, in which wastes are turned into raw materials. The EU is trying to prompt all industry to adopt this principle.
How much CO2 can products absorb?
The big question is how much of the approximately 37 gigatonnes of CO2 emitted annually from our homes, cars, planes, offices and industries can be utilised by industry.
One report projected that seven gigatonnes a year of CO2 could be locked up into new products.
Katy Armstrong described this figure as hugely optimistic. But she said: “Every tonne that’s captured is a tonne that doesn't heat the atmosphere, so let’s hope the industry thrives.”
...
World Bank: One in three people remain poor in Mongolia www.zgm.mn
The poverty rate in Mongolia, which was 29.6 percent in 2016, lowered to 28.4 percent in 2018, declining 1.2 percentage point. The National Statistical Office (NSO) biannually conducts the poverty indicators of Mongolia in cooperation with the World Bank. The two organizations have collaborated on poverty assessments through the Household Income and Expenditure Survey and the Living Standard Measurement Survey since 2002.
In 2018, the poverty gap was estimated at 7.2 percent, a decrease of 0.5 percentage points from 2016. Poverty severity has decreased to 2.7 percent from 2.9 percent in 2016. During the period between 2016 and 2018, the poverty rate declined by 4.1 percentage points in rural areas but increased by 0.1 percentage points in urban areas. While the poverty rate remains high in rural areas, with two-thirds of the total population of Mongolia living in urban cities, poverty has become more concentrated in urban areas. The percentage of the poor population in urban areas has increased from 62.1 percent to 63.5 percent in 2018. Also, more than 40 percent of the poor lived in Ulaanbaatar in 2018.
As of 2016, 29.6 percent of Mongolian citizens were living below the poverty line, indicating that one in three people or roughly one million people live in poverty. The rate, which was 21.6 percent in 2014, increased by 8 percent in 2016, showing 275,000 povertystruck people over this period.
The poverty line that indicates the amount of money required to provide the basic needs was MNT 146,000. In 2014, those who have moved above the line were back in poverty due to the negative impacts of the economy and society. The economy grew by 20 percent between 2012 and 2014, while the economy grew by 3.6 percent in 2015 and 2016. As a result of 2016, the GDP growth slowed by 1 percent. At the time, the deficit reached MNT 3.6 trillion due to the collapse of commodity markets in the world.

China, Russia, Mongolia meet to reinforce trilateral tourism ties www.chinadaily.com.cn
With the aim of deepening trilateral cooperation in the tourism sector, the Fourth Tourism Ministerial Conference of China, Russia and Mongolia was held on Sunday in Ulaanqab, a city in the Inner Mongolia autonomous region.
Attending the event were Luo Shugang, China's minister of culture and tourism; Alexey Konyushkov, deputy head of the Federal Agency for Tourism of the Russian Federation; and Ts. Tsengel, state secretary at the Ministry of Nature, Environment and Tourism of Mongolia. They were joined by hundreds of representatives from the tourism, culture, academic and media sectors from the three countries.
Luo, who delivered the keynote speech, pointed out that tourism cooperation is such a vital part of the trilateral relationship that it plays an irreplaceable role in deepening friendship and understanding among the people of China, Russia and Mongolia.
According to Luo, the most noteworthy development in tourism since 2016, when the first ministerial conference was held, is that the number of mutual visits among the three countries is steadily rising.
In 2018, over 2.4 million Russian tourists visited China, a 3 percent year-on-year increase. The number of visitors from Mongolia to China rose 2.8 percent to over 1.9 million; the number of Chinese visitors visiting Russia hit 2 million, an increase of 21 percent from the previous year; and nearly 200,000 Chinese visitors were received by Mongolia, a 19 percent growth.
The statistics show the growing appeal of Russia and Mongolia as tourist destinations for Chinese travelers. They are also an indicator that tourism plays a pivotal role in trilateral friendship, Luo said.
Luo proposed five suggestions for future cooperation: deepening the integration of culture and tourism and crafting quality cross-border travel products; using tourism as an engine to boost the intensive development of other related industries such as transportation, catering and entertainment; upgrading travel services to make them convenient and more comfortable for tourists; strengthening surveillance of the tourism market to build a safe and civilized environment; and enhancing the reputation of the "Tea Road" as a travel brand.
Konyushkov said that Russia, China and Mongolia are important partners in the field of tourism. Time-honored friendships and geographic proximity have created a favorable environment for the three countries to develop crossborder tourism.
He mentioned that the largest number of inbound visitors to Russia comes from China, and the number of Russian visitors to China is also growing. The tourism ministerial conference serves as an effective platform to facilitate trilateral tourism cooperation, Konyushkov said.
Tsengel said Mongolia will improve its infrastructure for international visitors. Specific measures include opening rail routes to connect with Siberia, increasing the number of air routes and flights, and launching favorable visa policies to attract more travelers.
The Minutes of the Fourth Tourism Ministerial Conference of China, Russia and Mongolia were signed at the event, establishing another milestone in the history of the trilateral partnership in crossborder tourism.
Initiated by China, the first ministerial conference was held in Hohhot, the capital city of Inner Mongolia. The second was held in Russia's Buryatia and the third was in Mongolia's Ulaanbaatar last year.
The Tea Road Cultural and Tourism Expo was also unveiled on Sunday as part of the event.
Covering a total length of over 13,000 kilometers, the Tea Road served as an important international commercial road in the history of Eurasia.
Since the establishment of the Tea Road International Tourism Alliance in 2016, a wide range of related travel products have been jointly developed by China, Russia and Mongolia, including an international self-driving tour, a special train, a summer camp and more, making the cross-border tourism scene diversified and vibrant.
...
How one woman took on Mongolia’s mining industry to save the snow leopards www.scmp.com
Bayarjargal Agvaantseren roused local communities and politicians to prevent mines destroying the magnificent mountain cat’s habitat
Her work saw the creation of a 1.8-million-acre natural park, home to a population of snow leopards that is the world’s second largest after China
There are fewer than 7,000 snow leopards in the wild today, and those numbers are decreasing, according to the likes of global conservation body WWF. Photo: ShutterstockThere are fewer than 7,000 snow leopards in the wild today, and those numbers are decreasing, according to the likes of global conservation body WWF. Photo: Shutterstock
There are fewer than 7,000 snow leopards in the wild today, and those numbers are decreasing, according to the likes of global conservation body WWF. Photo: Shutterstock
The fight to save snow leopards in Mongolia was never going to be easy – not when it involved taking on mining companies, the backbone of the country’s most powerful industry. It was a long road, one that saw a suspicious death, efforts to convince rural communities that the snow leopard was not their enemy, and the creation of a massive new national park, but Bayarjargal Agvaantseren got there in the end.
The snow leopard is as renowned for its beauty as for its scarcity. It lives at altitudes of more than 10,000 feet, and has evolved to camouflage itself in the snowy landscapes in which it makes its home – but the outlook for the magnificent mountain cat is grim. Habitat fragmentation, poaching, retaliatory killings by farmers who have lost livestock, and the current climate crisis – which could result in a loss of up to 30 per cent of the snow leopard’s habitat in the Himalayas alone – are threatening its survival.
Today, there are fewer than 7,000 snow leopards in the wild; according to the International Union for Conservation of Nature (IUCN), which considers it a vulnerable species, the population of mature animals is estimated to be less than 3,400. The IUCN and the global conservation body WWF both believe those numbers are decreasing.
At the beginning we didn’t know what to do, because people were worried about the economy and nobody cared about snow leopards
Mongolia is home to some 1,000 snow leopards, the second-largest population after China – but the country’s booming mining industry is a grave threat to their habitat. Thanks to the efforts of Agvaantseren, however, the government created the 1.8 million-acre Tost Tosonbumba Nature Reserve in April 2016 – the culmination of her seven-year fight against the influential sector.
“We learned in 2009 that the entire Tost Tosonbumba mountain range was being given away to the mining industry, which was quite shocking news to us because South Gobi is the region where 20 per cent to 25 per cent of all Mongolian snow leopards live,” says Agvaantseren, executive director of the Snow Leopard Conservation Foundation and Mongolia Programme Director at the United States-based Snow Leopard Trust. “It was not easy,” recalls the 50-year-old. “In the beginning we didn’t know what to do, because people were worried about the economy and nobody cared about snow leopards.”
At the end of the 2000s, mining was regarded as Mongolia’s economic saviour, and the government started to give prospecting and extraction licences to companies from all over the world. It worked a treat; in 2011, the country’s economy completed a remarkable turnaround, recording the highest GDP growth in the world at an astonishing 17.3 per cent.
The price of this, however, was the 37 exploratory licences granted to exploit natural resources in the Tost mountains, which Agvaantseren worried could be the final nail in the snow leopard’s coffin.
Mongolia’s toxic air tears families apart as children are evacuated
“A study had just showed that the area was one of the most important for the species, because it had the highest concentration of snow leopards in the world, and it’s located between the Great Gobi National Park and the Gobi Gurvansaikhan National Park, becoming a corridor linking both,” she says. “So we thought it was time to do something about it.”
Agvaantseren knew the road ahead would be challenging, not just over mining’s economic importance but because it takes a parliamentary majority to secure a national park designation. But she did not shy away from the conflict.
“In the beginning, we thought local protection would be enough. But we were wrong,” Agvaantseren says. “The mining companies were not going to give up, and corruption was rife among local politicians, so licences were granted even though communities were not giving their approval as required by the law. We had no choice but to give the national level a shot.
“We were committed to do all it takes.”
First, however, Agvaantseren had to get the local people on board. The mining companies’ plans would also mean a notable degradation of pastureland for the 200 nomadic herder families in the area. Although some had been promised better-paying jobs in the mines and had hopes for the region’s development, she received unconditional support from the community.
“They understood this was also a fight to protect their land and lifestyle, and many were also aware that the mines already in operation close to the border with China didn’t fulfil people’s expectations,” Agvaantseren explains. “Even the local governors acknowledged that even if they encouraged mining companies to hire local people, the lack of skills would make that unfeasible. So they would end up bringing in Chinese labour.”
Politicians were not so easy to convince, however. Lobbying legislators for support took time, and while the mining companies were willing to come to the table for discussions, tragedy would soon strike.
People suspected that mining companies were behind his sudden death. We realised we should continue fighting as a tribute to Sumbee
Agvaantseren is not keen to talk about it, but on November 11, 2015, a young colleague of hers, Lkhagvasumberel Tumursukh – also known as Sumbee – was found dead in Lake Khovsgol, almost 2,000km from where he was supposed to be, in Gobi. The autopsy showed he had drowned and the police ruled it a suicide, but few believe this to be the truth. “It was shocking for us. People suspected that mining companies were behind his sudden death. We realised we should continue fighting as a tribute to Sumbee,” Agvaantseren said at the time.
The Snow Leopard Conservation Foundation helped draft the petition and launched a media campaign to gather more support, both among the country’s upper echelon of power and at the grass roots level.
“I think this was also a victory for Mongolian women, because we were the most involved,” says Agvaantseren, with pride. “We finally got the national park approved in 2016, but it wasn’t until July 2018 that all mining licences were revoked,” says the activist, who won the Goldman Environmental Prize this year for her conservation work. As a result of her efforts, the government has cancelled all 37 mining licences within the Tost Tosonbumba Nature Reserve, and all mining operations there are illegal.
Mongolian herders moved to the capital city but now intense pollution is forcing to reconsider
When Agvaantseren spent 1998 working as a language teacher in the Mongolian city of Erdenet, little did she know her life would soon be forever changed. “On a summer break, I had the opportunity to do some translation work for a snow leopard biologist in Gobi-Altai [province], and that’s how I learned what the situation of the species was,” Agvaantseren says. Inspired, she decided to act before it was too late.
From the beginning, Agvaantseren was certain nothing would change for good if the local community wasn’t committed and the human-wildlife conflict wasn’t properly addressed.
“The first thing I did was to set up a programme called Snow Leopard Enterprises. It offered income-generation opportunities for rural herders who share the mountains with snow leopards. This has been running for two decades now, and it has been successful in linking the production of handicrafts with conservation,” she says.
“Rural communities sign a conservation contract with us and also with the national parks. It’s a commitment to stay away from poaching and from retaliatory killing. In return, they can sell handicrafts to us and, if they keep their promise and harm no animal, they receive a bonus at the end of the year on top of that income.”
The Snow Leopard Conservation Foundation buys the merchandise – mostly Mongolian-themed handicrafts made of sheep and camel wool – directly from these communities, and distributes them at various outlets for tourists across the country. Because Mongolia receives too few visitors to make this business sustainable on its own, the Snow Leopard Trust imports items to the US and markets them at zoos that have snow leopards in captivity, and at pet shops.
But when a herder killed one of the cats in her study, claiming it had killed 26 of his goats, Agvaantseren decided to meet the community to discuss how to prevent these retaliatory killings. “They told us that the damage snow leopards induce in their economy was huge and that they needed proper compensation. They didn’t care that snow leopards are protected under the Mongolian law, because there is no compensation scheme and staying put could mean going hungry.”
To address the issue, in 2009 the foundation looked to India and adopted a version of its livestock insurance programme. It has not looked back since.
“Once local people’s losses were compensated, their attitude changed. They stopped seeing the snow leopard as an enemy,” says Agvaantseren, who has also been awarded such distinctions as the 2009 Rabinovitz-Kaplan Prize for the Next Generation, Mongolia’s Leading Environmental Worker in 2010 and the 2017 Polar Star medal.
Her work has not just made snow leopards safer, it has also helped their prey – including ibex and gazelles – flourish. However, Agvaantseren criticises the IUCN’s decision to downgrade the snow leopard’s status from endangered to vulnerable. “It’s a controversial move because researchers believe there is no ground for it. The population is already very small and it’s still decreasing,” she says.
Agvaantseren believes her work is not over. “The park is brand new, so we still need to work on its management. This is just another beginning. My goal is to make a national park system run by local people.”
She points out that snow leopards are still under serious threat, especially from China. “They are very precious for their bones because they are turned into traditional medicine. Leopard skin rugs are also very expensive and used by some Chinese as a symbol of status. Even keeping them as pets is now fashionable! So poaching and illegal trade are still a concern.”
Interestingly, she has never seen a snow leopard in the wild. “But I’ve been close – always arriving at the place of a sighting one day ahead or after,” she says, with a shrug and a smile.

Mongolia establishes foundation to support athletes www.xinhuanet.com
ULAN BATOR, June 22 (Xinhua) -- Mongolia has established a foundation to provide financial assistance to athletes who will participate in Olympics and other international competitions.
Mongolian Prime Minister Ukhnaa Khurelsukh declared the establishment of the foundation during an event dedicated to Olympic Day which falls on June 23 every year.
"The Mongolian government has been taking all necessary measures to support national athletes. The new foundation is completely dedicated to helping athletes with financial support they need," Khurelsukh said during the event.
The foundation called "Tokyo Olympics Foundation" will help athletes to solve their financial problems by organizing fundraising campaigns, according to the Prime Minister.
"I and Mongolian people hope that Mongolia will be more successful at the 2020 Tokyo Olympic Games than at the previous Olympics," he added.
Mongolia has set a goal to win at least six medals in the 2020 Tokyo Olympic Games to equal its Summer Games record.
Mongolia finished the 2012 London Olympics with a record-high five medals: two silvers and three bronzes.

Dalian iron ore rises as supply crunch concerns persist www.reuters.com
China’s iron ore futures extended gains on Friday after touching a record high in the previous session, as concerns persisted over tight supply amid declining shipment from Rio Tinto and expectations of strong demand.
Mining giant Rio Tinto on Wednesday night lowered its guidance on volumes of iron ore it expects to ship from the key Pilbara producing region in Australia for the third time since April.
It now puts the upper limit as much as 5.7% under its original forecast, giving a window for shipments of between 320 million tonnes and 330 million tonnes.
“Rio has reportedly been shipping at relatively low rates, and this guidance confirms that the company is having some operational issues,” said analysts from Jefferies in a note.
Jefferies lowered its 2019 iron ore production forecast for Rio to 320 million tonnes from 328 million tonnes, and also reduced 2020 forecast by 5 million tonnes with concerns that the risk may spill over into next year.
With expectation of tight supply in the coming month, Dalian iron ore prices closed 0.8% higher at 820 yuan ($119.24). It surged to a fresh peak of 837 yuan a tonne on Thursday.
Demand for steelmaking raw materials continues to be robust despite heightened production restrictions in some regions, including the top steel hub of Tangshan.
The utilisation rate at steel mills across the country stayed at the same level as last week at 71.13% this week, as of June 21, data compiled by Mysteel consultancy showed.
Steel inventory with Chinese traders continued to increase this week, up by 131,300 tonnes to 11.34 million tonnes, Mysteel data showed.
Despite increasing worries about waning demand, benchmark Shanghai rebar prices rose 1.6% to 3,859 yuan, while hot-rolled coil futures gained 2.1% to 3,760 yuan.
Dalian coking coal dipped 0.5% to 1,393.5 yuan a tonne, while coke climbed 0.9% to 2,089.5 yuan. ($1 = 6.8771 Chinese yuan)
(By Muyu Xu and Shivani Singh; Editing by Subhranshu Sahu)

Apple, Microsoft and other tech companies ask to be excluded from the China tariffs www.cnn.com
New York (CNN Business)Technology companies have been feeling the sting of the escalating trade war between the United States and China. Now, they're trying to avoid a proposed new round of tariffs that takes aim at many American tech products.
More than half a dozen big tech companies wrote to the Trump Administration this week asking it not to hit the products they produce in China with additional tariffs.
The White House has proposed a bill that would place a 25% tariff on $300 billion in Chinese goods not already subject to tariffs. The tariff would apply to a wide range of products, from live buffalo and primates to T-shirts and shoes. It would also cover laptops, video game consoles, battery cases and other products that tech companies say would increase costs for consumers or harm their abilities to make a profit.
In public filings commenting on the proposal, Apple (AAPL), Dell Technologies (DELL), HP (HPQ), Intel (INTC), Microsoft (MSFT), Sony (SNE) and Nintendo (NTDOY) asked that their products be excluded from the list of goods the tariff would apply to. The Consumer Technology Association also submitted a letter asking the government to develop a process for companies to request that their goods be excluded from the tariff, arguing that increasing tariffs is the wrong way to improve the US-China trade relationship.
"No one wins in a trade war, and an escalating tariff fight will inflict immense damage on American businesses, workers and consumers," the Association wrote.
The letters were filed ahead of a public hearing on the proposal earlier this week.
The proposed tariff is a continuation of an ongoing trade dispute between the United States and China. Last month, the United States raised tariffs on $200 billion worth of Chinese exports from 10% to 25%, and China responded by increasing tariffs on American goods, such as cotton and grain. The two countries have also been swapping other retaliatory measures, including a US export ban imposed on Chinese smartphone company Huawei.
The trade dispute has forced some tech companies to look beyond China for new locations, mostly in Southeast Asia, to produce their goods. But leaving China is a slow and costly process, because the country has for decades amassed the infrastructure, talent and suppliers needed for manufacturing.
In its letter, Apple highlighted its contribution to the US economy, saying it is the largest US corporate tax payer and is responsible for more than 2 million jobs across the country. The company said additional tariffs would reduce this contribution, and could also threaten Apple's ability to compete with foreign technology companies.
"The Chinese producers we compete with in global markets do not have a significant presence in the US market, and so would not be impacted by US tariffs," Apple wrote. "Neither would our other major non-US competitors. A US tariff would, therefore tilt the playing field in favor of our global competitors."
Apple attached a list of nearly 20 products — including iPhones, MacBooks and AppleTVs — that it wants excluded from the tariff.
A joint letter from Dell, HP, Intel and Microsoft asked the government to leave laptops and tablets out of the list of goods covered by the tariff. The companies said the tariff could raise the average retail price of a laptop by $120, citing a study from the Consumer Technology Association. Another letter from Sony, Nintendo and Microsoft asked that video game consoles be excluded.
Among the reasons cited by the Trump Administration for the tariffs is a concern about Chinese theft of US companies' intellectual property. In the Dell letter, the companies acknowledged this as a legitimate concern, but argued that continued tariff hikes would do little to stop it.
"Imposing additional tariffs on laptops will in practice undermine the Administration's policy priorities in this China investigation," the companies wrote in the letter before going on to say the policy would force them to divert time and money away from developing new products and could also threaten their positions as tech industry leaders.
President Donald Trump and Chinese leaders are expected to meet at next week's G20 summit in Japan. Many are hoping that if the talks go well, Trump may decide not to impose the proposed tariff expansion.
The Consumer Technology Association in its letter asked Trump to abandon the tariff strategy altogether, specifically mentioning the G20 meeting as a chance to begin improving US-China relations.
"We further urge the administration to leverage multilateral action, join strategic trade agreements that move China toward transparency, competition and open markets," the letter reads, "while resisting the imposition of taxes and trade barriers that would continue to harm American interests, risk our economic future and jeopardize our technological leadership."
- «
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- 26
- 27
- 28
- 29
- 30
- 31
- 32
- 33
- 34
- 35
- 36
- 37
- 38
- 39
- 40
- 41
- 42
- 43
- 44
- 45
- 46
- 47
- 48
- 49
- 50
- 51
- 52
- 53
- 54
- 55
- 56
- 57
- 58
- 59
- 60
- 61
- 62
- 63
- 64
- 65
- 66
- 67
- 68
- 69
- 70
- 71
- 72
- 73
- 74
- 75
- 76
- 77
- 78
- 79
- 80
- 81
- 82
- 83
- 84
- 85
- 86
- 87
- 88
- 89
- 90
- 91
- 92
- 93
- 94
- 95
- 96
- 97
- 98
- 99
- 100
- 101
- 102
- 103
- 104
- 105
- 106
- 107
- 108
- 109
- 110
- 111
- 112
- 113
- 114
- 115
- 116
- 117
- 118
- 119
- 120
- 121
- 122
- 123
- 124
- 125
- 126
- 127
- 128
- 129
- 130
- 131
- 132
- 133
- 134
- 135
- 136
- 137
- 138
- 139
- 140
- 141
- 142
- 143
- 144
- 145
- 146
- 147
- 148
- 149
- 150
- 151
- 152
- 153
- 154
- 155
- 156
- 157
- 158
- 159
- 160
- 161
- 162
- 163
- 164
- 165
- 166
- 167
- 168
- 169
- 170
- 171
- 172
- 173
- 174
- 175
- 176
- 177
- 178
- 179
- 180
- 181
- 182
- 183
- 184
- 185
- 186
- 187
- 188
- 189
- 190
- 191
- 192
- 193
- 194
- 195
- 196
- 197
- 198
- 199
- 200
- 201
- 202
- 203
- 204
- 205
- 206
- 207
- 208
- 209
- 210
- 211
- 212
- 213
- 214
- 215
- 216
- 217
- 218
- 219
- 220
- 221
- 222
- 223
- 224
- 225
- 226
- 227
- 228
- 229
- 230
- 231
- 232
- 233
- 234
- 235
- 236
- 237
- 238
- 239
- 240
- 241
- 242
- 243
- 244
- 245
- 246
- 247
- 248
- 249
- 250
- 251
- 252
- 253
- 254
- 255
- 256
- 257
- 258
- 259
- 260
- 261
- 262
- 263
- 264
- 265
- 266
- 267
- 268
- 269
- 270
- 271
- 272
- 273
- 274
- 275
- 276
- 277
- 278
- 279
- 280
- 281
- 282
- 283
- 284
- 285
- 286
- 287
- 288
- 289
- 290
- 291
- 292
- 293
- 294
- 295
- 296
- 297
- 298
- 299
- 300
- 301
- 302
- 303
- 304
- 305
- 306
- 307
- 308
- 309
- 310
- 311
- 312
- 313
- 314
- 315
- 316
- 317
- 318
- 319
- 320
- 321
- 322
- 323
- 324
- 325
- 326
- 327
- 328
- 329
- 330
- 331
- 332
- 333
- 334
- 335
- 336
- 337
- 338
- 339
- 340
- 341
- 342
- 343
- 344
- 345
- 346
- 347
- 348
- 349
- 350
- 351
- 352
- 353
- 354
- 355
- 356
- 357
- 358
- 359
- 360
- 361
- 362
- 363
- 364
- 365
- 366
- 367
- 368
- 369
- 370
- 371
- 372
- 373
- 374
- 375
- 376
- 377
- 378
- 379
- 380
- 381
- 382
- 383
- 384
- 385
- 386
- 387
- 388
- 389
- 390
- 391
- 392
- 393
- 394
- 395
- 396
- 397
- 398
- 399
- 400
- 401
- 402
- 403
- 404
- 405
- 406
- 407
- 408
- 409
- 410
- 411
- 412
- 413
- 414
- 415
- 416
- 417
- 418
- 419
- 420
- 421
- 422
- 423
- 424
- 425
- 426
- 427
- 428
- 429
- 430
- 431
- 432
- 433
- 434
- 435
- 436
- 437
- 438
- 439
- 440
- 441
- 442
- 443
- 444
- 445
- 446
- 447
- 448
- 449
- 450
- 451
- 452
- 453
- 454
- 455
- 456
- 457
- 458
- 459
- 460
- 461
- 462
- 463
- 464
- 465
- 466
- 467
- 468
- 469
- 470
- 471
- 472
- 473
- 474
- 475
- 476
- 477
- 478
- 479
- 480
- 481
- 482
- 483
- 484
- 485
- 486
- 487
- 488
- 489
- 490
- 491
- 492
- 493
- 494
- 495
- 496
- 497
- 498
- 499
- 500
- 501
- 502
- 503
- 504
- 505
- 506
- 507
- 508
- 509
- 510
- 511
- 512
- 513
- 514
- 515
- 516
- 517
- 518
- 519
- 520
- 521
- 522
- 523
- 524
- 525
- 526
- 527
- 528
- 529
- 530
- 531
- 532
- 533
- 534
- 535
- 536
- 537
- 538
- 539
- 540
- 541
- 542
- 543
- 544
- 545
- 546
- 547
- 548
- 549
- 550
- 551
- 552
- 553
- 554
- 555
- 556
- 557
- 558
- 559
- 560
- 561
- 562
- 563
- 564
- 565
- 566
- 567
- 568
- 569
- 570
- 571
- 572
- 573
- 574
- 575
- 576
- 577
- 578
- 579
- 580
- 581
- 582
- 583
- 584
- 585
- 586
- 587
- 588
- 589
- 590
- 591
- 592
- 593
- 594
- 595
- 596
- 597
- 598
- 599
- 600
- 601
- 602
- 603
- 604
- 605
- 606
- 607
- 608
- 609
- 610
- 611
- 612
- 613
- 614
- 615
- 616
- 617
- 618
- 619
- 620
- 621
- 622
- 623
- 624
- 625
- 626
- 627
- 628
- 629
- 630
- 631
- 632
- 633
- 634
- 635
- 636
- 637
- 638
- 639
- 640
- 641
- 642
- 643
- 644
- 645
- 646
- 647
- 648
- 649
- 650
- 651
- 652
- 653
- 654
- 655
- 656
- 657
- 658
- 659
- 660
- 661
- 662
- 663
- 664
- 665
- 666
- 667
- 668
- 669
- 670
- 671
- 672
- 673
- 674
- 675
- 676
- 677
- 678
- 679
- 680
- 681
- 682
- 683
- 684
- 685
- 686
- 687
- 688
- 689
- 690
- 691
- 692
- 693
- 694
- 695
- 696
- 697
- 698
- 699
- 700
- 701
- 702
- 703
- 704
- 705
- 706
- 707
- 708
- 709
- 710
- 711
- 712
- 713
- 714
- 715
- 716
- 717
- 718
- 719
- 720
- 721
- 722
- 723
- 724
- 725
- 726
- 727
- 728
- 729
- 730
- 731
- 732
- 733
- 734
- 735
- 736
- 737
- 738
- 739
- 740
- 741
- 742
- 743
- 744
- 745
- 746
- 747
- 748
- 749
- 750
- 751
- 752
- 753
- 754
- 755
- 756
- 757
- 758
- 759
- 760
- 761
- 762
- 763
- 764
- 765
- 766
- 767
- 768
- 769
- 770
- 771
- 772
- 773
- 774
- 775
- 776
- 777
- 778
- 779
- 780
- 781
- 782
- 783
- 784
- 785
- 786
- 787
- 788
- 789
- 790
- 791
- 792
- 793
- 794
- 795
- 796
- 797
- 798
- 799
- 800
- 801
- 802
- 803
- 804
- 805
- 806
- 807
- 808
- 809
- 810
- 811
- 812
- 813
- 814
- 815
- 816
- 817
- 818
- 819
- 820
- 821
- 822
- 823
- 824
- 825
- 826
- 827
- 828
- 829
- 830
- 831
- 832
- 833
- 834
- 835
- 836
- 837
- 838
- 839
- 840
- 841
- 842
- 843
- 844
- 845
- 846
- 847
- 848
- 849
- 850
- 851
- 852
- 853
- 854
- 855
- 856
- 857
- 858
- 859
- 860
- 861
- 862
- 863
- 864
- 865
- 866
- 867
- 868
- 869
- 870
- 871
- 872
- 873
- 874
- 875
- 876
- 877
- 878
- 879
- 880
- 881
- 882
- 883
- 884
- 885
- 886
- 887
- 888
- 889
- 890
- 891
- 892
- 893
- 894
- 895
- 896
- 897
- 898
- 899
- 900
- 901
- 902
- 903
- 904
- 905
- 906
- 907
- 908
- 909
- 910
- 911
- 912
- 913
- 914
- 915
- 916
- 917
- 918
- 919
- 920
- 921
- 922
- 923
- 924
- 925
- 926
- 927
- 928
- 929
- 930
- 931
- 932
- 933
- 934
- 935
- 936
- 937
- 938
- 939
- 940
- 941
- 942
- 943
- 944
- 945
- 946
- 947
- 948
- 949
- 950
- 951
- 952
- 953
- 954
- 955
- 956
- 957
- 958
- 959
- 960
- 961
- 962
- 963
- 964
- 965
- 966
- 967
- 968
- 969
- 970
- 971
- 972
- 973
- 974
- 975
- 976
- 977
- 978
- 979
- 980
- 981
- 982
- 983
- 984
- 985
- 986
- 987
- 988
- 989
- 990
- 991
- 992
- 993
- 994
- 995
- 996
- 997
- 998
- 999
- 1000
- 1001
- 1002
- 1003
- 1004
- 1005
- 1006
- 1007
- 1008
- 1009
- 1010
- 1011
- 1012
- 1013
- 1014
- 1015
- 1016
- 1017
- 1018
- 1019
- 1020
- 1021
- 1022
- 1023
- 1024
- 1025
- 1026
- 1027
- 1028
- 1029
- 1030
- 1031
- 1032
- 1033
- 1034
- 1035
- 1036
- 1037
- 1038
- 1039
- 1040
- 1041
- 1042
- 1043
- 1044
- 1045
- 1046
- 1047
- 1048
- 1049
- 1050
- 1051
- 1052
- 1053
- 1054
- 1055
- 1056
- 1057
- 1058
- 1059
- 1060
- 1061
- 1062
- 1063
- 1064
- 1065
- 1066
- 1067
- 1068
- 1069
- 1070
- 1071
- 1072
- 1073
- 1074
- 1075
- 1076
- 1077
- 1078
- 1079
- 1080
- 1081
- 1082
- 1083
- 1084
- 1085
- 1086
- 1087
- 1088
- 1089
- 1090
- 1091
- 1092
- 1093
- 1094
- 1095
- 1096
- 1097
- 1098
- 1099
- 1100
- 1101
- 1102
- 1103
- 1104
- 1105
- 1106
- 1107
- 1108
- 1109
- 1110
- 1111
- 1112
- 1113
- 1114
- 1115
- 1116
- 1117
- 1118
- 1119
- 1120
- 1121
- 1122
- 1123
- 1124
- 1125
- 1126
- 1127
- 1128
- 1129
- 1130
- 1131
- 1132
- 1133
- 1134
- 1135
- 1136
- 1137
- 1138
- 1139
- 1140
- 1141
- 1142
- 1143
- 1144
- 1145
- 1146
- 1147
- 1148
- 1149
- 1150
- 1151
- 1152
- 1153
- 1154
- 1155
- 1156
- 1157
- 1158
- 1159
- 1160
- 1161
- 1162
- 1163
- 1164
- 1165
- 1166
- 1167
- 1168
- 1169
- 1170
- 1171
- 1172
- 1173
- 1174
- 1175
- 1176
- 1177
- 1178
- 1179
- 1180
- 1181
- 1182
- 1183
- 1184
- 1185
- 1186
- 1187
- 1188
- 1189
- 1190
- 1191
- 1192
- 1193
- 1194
- 1195
- 1196
- 1197
- 1198
- 1199
- 1200
- 1201
- 1202
- 1203
- 1204
- 1205
- 1206
- 1207
- 1208
- 1209
- 1210
- 1211
- 1212
- 1213
- 1214
- 1215
- 1216
- 1217
- 1218
- 1219
- 1220
- 1221
- 1222
- 1223
- 1224
- 1225
- 1226
- 1227
- 1228
- 1229
- 1230
- 1231
- 1232
- 1233
- 1234
- 1235
- 1236
- 1237
- 1238
- 1239
- 1240
- 1241
- 1242
- 1243
- 1244
- 1245
- 1246
- 1247
- 1248
- 1249
- 1250
- 1251
- 1252
- 1253
- 1254
- 1255
- 1256
- 1257
- 1258
- 1259
- 1260
- 1261
- 1262
- 1263
- 1264
- 1265
- 1266
- 1267
- 1268
- 1269
- 1270
- 1271
- 1272
- 1273
- 1274
- 1275
- 1276
- 1277
- 1278
- 1279
- 1280
- 1281
- 1282
- 1283
- 1284
- 1285
- 1286
- 1287
- 1288
- 1289
- 1290
- 1291
- 1292
- 1293
- 1294
- 1295
- 1296
- 1297
- 1298
- 1299
- 1300
- 1301
- 1302
- 1303
- 1304
- 1305
- 1306
- 1307
- 1308
- 1309
- 1310
- 1311
- 1312
- 1313
- 1314
- 1315
- 1316
- 1317
- 1318
- 1319
- 1320
- 1321
- 1322
- 1323
- 1324
- 1325
- 1326
- 1327
- 1328
- 1329
- 1330
- 1331
- 1332
- 1333
- 1334
- 1335
- 1336
- 1337
- 1338
- 1339
- 1340
- 1341
- 1342
- 1343
- 1344
- 1345
- 1346
- 1347
- 1348
- 1349
- 1350
- 1351
- 1352
- 1353
- 1354
- 1355
- 1356
- 1357
- 1358
- 1359
- 1360
- 1361
- 1362
- 1363
- 1364
- 1365
- 1366
- 1367
- 1368
- 1369
- 1370
- 1371
- 1372
- 1373
- 1374
- 1375
- 1376
- 1377
- 1378
- 1379
- 1380
- 1381
- 1382
- 1383
- 1384
- 1385
- 1386
- 1387
- 1388
- 1389
- 1390
- 1391
- 1392
- 1393
- 1394
- 1395
- 1396
- 1397
- 1398
- 1399
- 1400
- 1401
- 1402
- 1403
- 1404
- 1405
- 1406
- 1407
- 1408
- 1409
- 1410
- 1411
- 1412
- 1413
- 1414
- 1415
- 1416
- 1417
- 1418
- 1419
- 1420
- 1421
- 1422
- 1423
- 1424
- 1425
- 1426
- 1427
- 1428
- 1429
- 1430
- 1431
- 1432
- 1433
- 1434
- 1435
- 1436
- 1437
- 1438
- 1439
- 1440
- 1441
- 1442
- 1443
- 1444
- 1445
- 1446
- 1447
- 1448
- 1449
- 1450
- 1451
- 1452
- 1453
- 1454
- 1455
- 1456
- 1457
- 1458
- 1459
- 1460
- 1461
- 1462
- 1463
- 1464
- 1465
- 1466
- 1467
- 1468
- 1469
- 1470
- 1471
- 1472
- 1473
- 1474
- 1475
- 1476
- 1477
- 1478
- 1479
- 1480
- 1481
- 1482
- 1483
- 1484
- 1485
- 1486
- 1487
- 1488
- 1489
- 1490
- 1491
- 1492
- 1493
- 1494
- 1495
- 1496
- 1497
- 1498
- 1499
- 1500
- 1501
- 1502
- 1503
- 1504
- 1505
- 1506
- 1507
- 1508
- 1509
- 1510
- 1511
- 1512
- 1513
- 1514
- 1515
- 1516
- 1517
- 1518
- 1519
- 1520
- 1521
- 1522
- 1523
- 1524
- 1525
- 1526
- 1527
- 1528
- 1529
- 1530
- 1531
- 1532
- 1533
- 1534
- 1535
- 1536
- 1537
- 1538
- 1539
- 1540
- 1541
- 1542
- 1543
- 1544
- 1545
- 1546
- 1547
- 1548
- 1549
- 1550
- 1551
- 1552
- 1553
- 1554
- 1555
- 1556
- 1557
- 1558
- 1559
- 1560
- 1561
- 1562
- 1563
- 1564
- 1565
- 1566
- 1567
- 1568
- 1569
- 1570
- 1571
- 1572
- 1573
- 1574
- 1575
- 1576
- 1577
- 1578
- 1579
- 1580
- 1581
- 1582
- 1583
- 1584
- »