NEW TAIPEI, Taiwan, Feb 12 (Reuters) - Taiwan's Foxconn

, the world's largest contract electronics manufacturer

and Apple's ( AAPL ) 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.

Foxconn Chairman Young Liu, speaking to reporters at the

company's headquarters in New Taipei, outside the capital

Taipei, noted it manufactures in both the United States and

Mexico.

"Depending on the tariffs, we will plan different production

capacities accordingly," he said.

Trump wants companies to manufacture in the United States

and Foxconn will make relevant "arrangements" with its partners

in the country, Liu added.

"For the company, if we don't manufacture here, we can do it

there, so the impact is not too great," he said.

However, tariffs overall will not be good for the world

economy and will shrink markets, Liu added.