
In a major blow to Apple, China has recently banned the use of iPhones among government employees. This comes amid escalating tensions between the two countries, which have been engaged in a trade war for several years. The ban is seen as a retaliation for the US's decision to ban Huawei, a Chinese telecom company, from doing business with American companies. Huawei has been accused of espionage by the US government, but it has denied the allegations. The ban on iPhones is likely to have a significant impact on Apple's bottom line. China is the company's largest market outside of the US, and the ban could lead to a decline in sales. In this video, we will take a closer look at the US-China trade war, the ban on Huawei, and the shift of iPhone manufacturing from China to India. We will also discuss how Apple lost $200 billion in market cap as a result of the ban on iPhones for Chinese government employees. Follow us on Instagram: @hustle2achieve: https://www.instagram.com/hustle2achieve/ The Hustle2Achieve Podcast: https://www.instagram.com/theh2apodcast/ Purujit's Twitter handle: https://twitter.com/Purujith2a