Let’s be a little more honest here. It would not be a stretch to assume many ‘Democrats’ against the tariffs are only against them because Trump pushes for them. Had tariffs been applied under Obama’s watch, the Democrats would be hailing Obama as courageous and evidence he is for working class Americans. The double standard is sickening. Much like American politics as a whole.If you set aside the outrage and panic that all sides are pushing these days and just look at what's happening with both right and left today it's kind of funny. Republican party supporters, typically friends to business and in favor of reducing government interference in markets, are championing taxes and regulation in the form of tariffs. Democratic party supporters, typically friends to labor and in favor of protectionist policies for working class individuals, are stating tariffs are wrong headed and we need to stop taking money from the populace and handing it to government and that global businesses are A-OK.
Trump isn't a conservative in any traditional sense and as a result the world, and a large portion of party affiliation, has turned upside down. Somewhat amusing to see those shifts.
Both sides may now resume their collective panic
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Apple Says Trump's Tariffs Will Reduce Its Economic Contributions and Global Competitiveness
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No. Trade balance is NEVER a zero-sum game between 2 countries. Ideally, between your country and the world, you want things to somewhat even out. But even when they don't. It's not a big deal. And you need to take into account ALL trade, goods and services.
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Tariffs have a possibility to make sense only when the item tariffed is also produced in your country but the import is cheaper. When talking about manufactured goods, that has no equivalent in your country, all a tariff is is a tax on the consumer.
Absolute Bull, you have no idea what you are Talking about.
Why was the US auto industry „destroyed“? Because of VW? Labour costs aren’t particularly low in Germany, either, maybe they just made better cars. Btw, VW is very small in the US compared to Toyata and Honda.
BMW and MB manufacture their SUVs in the Us, even for export.
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Apple is paying a fair wage in China already. You can’t compare China to the Us. The cost of living is much lower, as are the standards. Compared to other jobs you can get in China, Apples offer isn’t to bad and it is helping to bring money and productivity into the country, why causes growth in economy which means more business, more competition and a further rise in wages.
It’s a process, you can’t just equate the US standart of living to China and say wages are to low in China.
Not if they stop giving them selves $18M ( each, on average. Sometimes it’s WAY more ) bonuses every year and instead have that money re-invested into USA built lean manufacturing.
Apple will still be able to sell these devices at the same prices or if not even cheaper If they did this.
It costs them $200 to assemble an iPhone. That’s including labor, shipping, marketing, all of it... and then they turn around and sell it to you and me for $1500? That’s absurd.
Mind you, those executives hand these $1500 iPhones out their friends and family FOR FREE. Including iPads, MacBook’s iMac’s etc etc.
You and I have to pay up premium prices while those corporate executives gain millions in profits and walk away with the same products for free.
This has to stop. Hopefully these tariffs wake them and everyone else the Hell up.
Um, Toyota has been manufacturing automobiles in the US for 60 years. Current models manufactured in the US are Avalon, Camry, Corolla, Highlander, Sequoia, Sienna, Tacoma, Tundra.
Many of these are exported for sale outside the US.
US auto companies are in the condition they are because they build cheap, unreliable pieces of crap. Decisions like GM investing 150 million in their Michigan Plant to build another 40,000 HD series pickups a year because Americans are buying them. When gas hit's $4 a gallon again , which it will, decisions like this will result in Americans loosing their jobs.
American auto companies have no long term vision, strategy, or planning as the Japanese, Koreans, Europeans have. All they look at is Quarter to Quarter performance. That is why the are in the situation they are in. Corporate greed, self serving leadership, lousy business models. Tariffs change nothing. Besides, anyone who believes any entity other than the American consumer pays the Tariffs is simply uninformed. That's not a Globalist view, it's economics and Tariffs 101.
Every auto I've owned over the past 30 years has not been from the big 3. Yet each was built in the US. I own a superior product and support jobs in this country as much as anyone. The argument that Honda, Toyota profits go back to Japan is flawed as most of the monies are reinvested in their North American operations.
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Tim Cook - the master of the cartoon frown
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Which of the two clowns are you talking about?
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Which of the two clowns are you talking about?
the media uses the "puckered lips" or frown photos of people when they are trying to shame them. look up news articles which are bashing or shaming trump, or any other popular political figure for that matter in the past year or two, and you'll find many of them use photos with similar facial expressions. i guess macrumors is trying to employ the same tactics.
I hope our gov and China gov can come to an agreement where China should not charge import tax for 17.5% and Trump can lower a bit on the tariff. I just don't understand that China has been taking advantage of the entire world for 30 years with the import tax 17.5% and increase their own competitive , no one did complain before until Trump raised this up and started taking action. I am not saying Trump is right but I think the entire world should do something to make it fair for all the parties. Before Trump, it was very unfair to US and others who wanted to export goods to China.
Why? Apple is skyrocking under Cook. The USA is the laughing stock of the world under Trump. It’s not even close.
It’s fascinating why you would trust a stupid narcissist to run the country over a well spoken intelligent man chosen by Steve Jobs to run his company.
It’s called pathetically weak political leadership. The world’s governments knew they got themselves into a mess with China, but it was not politically expedient to tackle the trade deficit and so now we are at a point where the can has been kicked far enough down the line. There are many things I don’t agree with Trump on, but these tariffs, I do. And he’s complained about ****** trade deals since the 1980s. If nothing else, these tariffs have raised awareness of the reckless behavior our American government has displayed by allowing such a one sided (for China’s benefit) trade policy to fester so long. Our leaders have allowed policies that have strengthened corporations at the expense of Americans. As Americans we should be ashamed of the decades of piss poor leadership. Absolutely dreadful. Look who we elect over and over again. Pelosi, Schumer, McConnell, Maxine Waters. No wonder we are in the shape we are in.
I’m in favor of the tariffs. China has stolen untold billions of US IP and a huge chunk of the manufacturing base in the US. CEO’s made a deal with the devil to reduce labor costs and pad their own pockets while sticking it to the middle class and working class citizens in this country under the guise of lower prices and oh boy did we take that bait hook, line and sinker. Just one problem. If you’re on top, like American workers once were, you’ll never win a race to the bottom that only benefits C level executives of large corporations and the politics they bribe .. oops .. make “campaign contributions” to.
It’s time to put a stop to that. If I have to pay more for the gadgets I use and have fewer as a result I’ll happily make that trade if it means a healthy middle class and working class manufacturing base back here in the USA. So what if I go from upgrading my smartphone every 2-3 years to upgrading every 3-4? So what if I go from upgrading my Mac every every 3-4 years to upgrading every 4-5 years? Is it worth having a 65” TV and a declining middle class and working class that doesn’t know who to blame and makes bad political decisions as a result versus a 45” or 50” TV with a secure middle class and working class who do not feel the need to lash out and who knows if they work hard they can achieve the American dream?
Oh and if you think I’m a Trump supporter you’re dead wrong. I despise The Donald but I back him 100% on this issue. I don’t agree with his approach. I don’t think we should be alienating our neighbors and allies with tariffs but the Chinese? Hell yes we should and to the extent they retaliate we should raise taxes on the wealthy C level executives who sold us out and offer subsidies to those small and medium sized businesses that are legitimately being hurt by Chinese retaliatory tactics. If you want somebody to blame then blame both Republicans and Democrats in the late 1990’s and early 2000’s. They were in lock step on free trade because they couldn’t resist the bribes. Just one problem. Free trade isn’t free unless your dealing with other first world countries with labor and environmental laws similar to our own. When you trade with nations who don’t have the same standards you’re not allowing Americans workers to compete on a fair playing field.
It’s time to put a stop to that. If I have to pay more for the gadgets I use and have fewer as a result I’ll happily make that trade if it means a healthy middle class and working class manufacturing base back here in the USA. So what if I go from upgrading my smartphone every 2-3 years to upgrading every 3-4? So what if I go from upgrading my Mac every every 3-4 years to upgrading every 4-5 years? Is it worth having a 65” TV and a declining middle class and working class that doesn’t know who to blame and makes bad political decisions as a result versus a 45” or 50” TV with a secure middle class and working class who do not feel the need to lash out and who knows if they work hard they can achieve the American dream?
Oh and if you think I’m a Trump supporter you’re dead wrong. I despise The Donald but I back him 100% on this issue. I don’t agree with his approach. I don’t think we should be alienating our neighbors and allies with tariffs but the Chinese? Hell yes we should and to the extent they retaliate we should raise taxes on the wealthy C level executives who sold us out and offer subsidies to those small and medium sized businesses that are legitimately being hurt by Chinese retaliatory tactics. If you want somebody to blame then blame both Republicans and Democrats in the late 1990’s and early 2000’s. They were in lock step on free trade because they couldn’t resist the bribes. Just one problem. Free trade isn’t free unless your dealing with other first world countries with labor and environmental laws similar to our own. When you trade with nations who don’t have the same standards you’re not allowing Americans workers to compete on a fair playing field.
I have been reading most of the comments on here. And realize most ppl don’t realize how tariffs work. I feel like that old lady in that commercial that screams, thats not how this works! That’s now how any of this works lol. And i agree that most ppl don’t realize that it is them that will end up paying in the end. But it is hard getting ppl to realize this.
You're right.. to a point. They opened that in 1982 for the Accord and later on, the Goldwing, which they stopped producing there about a decade back. But you also overlooked the fact that Honda makes just a few vehicles outside the Accord there both historically and as of recent. You also seem to forget Toyota opened a plant in Kentucky in 1986, and currently builds the Camry, Camry Hybrid, Avalon, Avalon Hybrid, and the Lexus ES350 there. They used to make he Sienna, Solara and the Venza there. They've also produced a bulk of Toyota's engines there. Datsun which was the export name of Nissan, has a plant in Smyrna, TN. It's been open since 1983.
Even Hyundai and Kia built factories that employ 3-4,000 employees plus each.
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We do it, too. Don't think we don't. This is a well known example of it.
https://www.windpowermonthly.com/article/960011/trans-atlantic-espionage-claimed-german-wind-company
https://www.foreignpolicyjournal.com/2013/06/28/the-nsa-and-cias-dilemma/
Huawei alone has been granted 1,600+ patents in the US that they themselves came up with. Shocker, I know. Whether you like it or not, Huawei and ZTE own the bulk of 5G patents. Not any western country.
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Someone may need to enlighten him that the big successful company called Qualcomm, which is American, is fabless and imports their products, too. Their products are used in everything.
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MacOS/OSX is designed and audited in Cupertino. Not China. Apple doesn't own any fabrication plants. To build one, they'd have to invest anywhere from $60-200B and $10-20B in retooling costs each year thereafter. To build batteries, they'd need to either buy a foreign company and move it over, which may cost anywhere from $20-100B, and that's before they build out any factory here. They can drop SK Hynix for Micron/Crucial; they produce in Boise. The Gorilla Glass is American and made here in the US. Cases can be stamped or machined out. LCD screens can be made by a US based company, I know of none. But they can build it out and license technology from Samsung, the global leader in screen tech. The rest goes on. They could do all of this over a 20 year period. Anything short of that, and it becomes expensive very fast.
The reason companies invest in fabless is because it puts all the R&D strain for a node on that company that manufactures those monolithic or chiplet processors. Now you may say Intel is doing just fine, except that isn't the truth. Intel touted owning their own fabs was the best way for decades. Except now they've been stuck at 14nm for more than half a decade and can't get to 10nm parts outside mobile. They've also spent billions retooling 14nm fabs to 10nm fabs back to 14nm fabs to reduce shortage issues they've been having for around 2 years now. All of Intel's modern nodes are built in the US, the rest are foreign.
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Toyota, Honda, BMW and MBZ employ a lot of Americans at their US plants. Besides, when a typhoon hits Vietnam's manufacturing districts and floods it, I wonder what people will say then.One year later you will complain about the Vietnam trade imbalance....
Or just bring everything "home".
Everything Apple -> Made In USA
Every BMW,VW and Mercedes -> Made In Germany
Every Honda, Toyota etc -> Made in Japan
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And you count this as good?
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I think what's illogical is the want for Apple to produce in the US when they don't manufacture anything and certainly don't have the IP for it. They design an ARM based chip, but that's it. There's a few parts in an iPhone designed or designed and built by American companies, but the rest of it is Chinese or Taiwanese. Though I welcome Apple to ween off of all that and build everything themselves in under 10 years.
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