But officials suggested there would be no comment on the matter until US-EU figures discuss later today (Friday, May 23), reports Sky News. Corporate Technology and Taxation at Risk
It also comes as Trump vowed Apple will be forced to cough up 25 percent tariffs on its iPhones unless it relocates its manufacturing.
Into the US—a move that could dramatically impact tech-sector legal counsel, IP law compliance, and corporate income tax deductions.
Financial analysts suggest such a mandate could also affect medical device manufacturers and companies in the wellness tech and chronic illness monitoring sectors,
As they evaluate the cost-benefit ratio of staying offshore versus relocating to the U.S. for corporate insurance relief and healthcare product taxation incentives.
