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Designed in California, Made in China: How the iPhone Skews US Trade Deficit

U.S. President Donald Trump often tweets from his iPhone about pressuring China to address its $375 billion trade surplus with the United States. But a closer look at the Apple smartphone reveals how the headline figure is distorted. The big trade imbalance - at the heart of a potential trade war, with Trump expected to impose tariffs on Chinese imports this week - exists in large part because of electrical goods and tech, the biggest U.S. import item from China. Apple Inc's...

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