Taiwan's Foxconn says it can plan production around Trump tariffs


FILE PHOTO: The logo of Foxconn is seen outside the company's building in Taipei, Taiwan November 10, 2022. REUTERS/Ann Wang/File Photo

NEW TAIPEI, Taiwan (Reuters) - Taiwan's Foxconn, the world's largest contract electronics manufacturer and Apple's main iPhone maker, can plan its production around new U.S. tariffs, the company's chairman said on Wednesday.

U.S. President Donald Trump announced and then paused until March 4 an across-the-board 25% tariff on all U.S. imports from Mexico and Canada.

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