Trump's tariffs will have less effect on us than rivals: Foxconn
Taiwan's Foxconn on Wednesday said the impact of US President-elect Donald Trump's new tariffs will hit it less than rivals. "Clients may decide to shift production locations, but looking at Foxconn's global footprint, we're ahead," it said. Trump said he will impose 25% tariff on products from Mexico and Canada, and will charge goods from China an additional 10% tariff.