Only in USA. Trump can't force other countries to place tariffs on other countries
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Apple Stock Falls as Trump Tariffs Target Supply Chain
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And with the impact of these tariffs, causing a massive hit on stock prices, those with money (Trump and friends), can buy them up, and then when Trump decides to remove the tariffs, the prices inflate, and then they get sold.
It's effectively insider trading.
It's effectively insider trading.
I suspect they’ll mostly all do the same thing, whatever that might be (charge American’s the full whack, or charge every globally a little).
People think the billionaires are coming to save them though.
And apple is an american company. It's up to the rest of the world how to set tariffs.
This will be a huge loss for most of the people and a major win for a handful of individuals, as always is.
Just imagine Apple increases its prices by 30% and then all other countries increase tax and tariffs for Apple 🍎
That‘s how you kill a trillion dillar company. Afterwards american workers (try) to assemble iPhones in the US and the prices increase by another 100% 😂😂
That‘s how you kill a trillion dillar company. Afterwards american workers (try) to assemble iPhones in the US and the prices increase by another 100% 😂😂
Europeans boycott US products to protest against Trump tariffs
As US President Donald Trump escalates a trade war with the European Union – most recently by threatening a 200% tariff on wine and champagne – Europeans are taking matters into their own hands by starting…
www.france24.com
I will not keep googling for you. Point is, yes it is already happening, whether you heard about it or not. You can’t just say “worldwide” and then claim that the countries I give as examples don’t count…
Yesterday’s announcement will amplify these movements, but they were already started. Of course it doesn’t go to zero in one day.
I would laugh and grab my popcorns if I wasn't hit myself, having a diverse stock porfolio. There's no way to not get hit by this. A global trade war with the country behind the dollar that is not particularly concerned with crashing their currency is like a worst case scenario. Everyone is a loser.
I'm sorry, but your argument doesn’t hold up to logical scrutiny—you’re engaging in a false equivalence. Tariffs aren’t a binary issue of 0 or 1. They are the result of complex, multilayered negotiations, not simple addition or subtraction. It’s not just a matter of one side shouting a number and the other side giving in. It has never worked like that.
As another member already pointed out using the example of milk—can you honestly say if the tariff is 0% or 241%? The truth is, it depends. Tariffs are the result of diplomatic and economic agreements, not a tool to bludgeon others into submission. That’s the first point.
Secondly, just because Elon Musk exposes waste in government spending doesn’t mean we should punish everyone through blanket tax hatred. You’ve shifted the concept there, and I can’t agree with that kind of logic.
And finally, about using tariffs to "force" businesses to build and hire locally—well, surely you know the U.S. once tried to pressure Japanese carmakers into building locally, right? Even as someone who isn’t American, I’m fully aware of what that led to in the long run.
It’s worse than that!
Senator Chris Murphy, Connecticut, put it this way
He will remove tariffs for companies / organisations that pledge unbridled loyalty to him and that openly back his ideology. He will use his considerable might and smite those that are unloyal.
He will make everyone suffer in the USA until he is hailed as a God.
You’re in a bad place America, good luck from the uk.
Because they DON’T have the tariffs that your beloved president just presented as facts. They were made up numbers, and people are still scrambling to figure out exactly which arse they were pulled from.
My friend, you've badly misunderstood what's happening - probably because whatever news sources you follow have mislead you intentionally.
If I tried to simplify it to my kids, I'd explain it like this:
you buy something at the store for $50. Then Trump says that store stole $50 from you so he's going to tax the store $25. Store now charges $75.
Trump believes that you buying something from someone and they not buying something from you (e.g. the "trade deficit") means that the other guy is screwing you.
But what actually happened all along is that you exchanged money for products and/or services.
No one screwed anyone.
But now Trump is screwing everyone and everyone is screwing him in return and we all suffer.
Maybe for decades.
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To be fair to the market, no one could have possible predicted that a former President in his late 70s, known for his messianic self-confidence and the hyper-fixation of a toddler would actually implement the very policies he consistently promised throughout his two-year campaign
51% of voters - of which the vast majority were purposefully mislead and manipulated by their "news sources"
To me it looks like Trump is trying to stop Americans from buying products from other countries by making them more expensive.
He wants Americans to buy American products. If a product isn’t made in American, he wants the manufacturer to start making it in America so that Americans can buy it.
For some product categories there is no American made option. In those instances Americans will either have to pay more for those products, or do without them, e.g., Americans will either have to pay more for a smartphone, or do without them. Afaik, none are made in America.
Sure, but there's a sensible way to do this like giving companies a 6 or 12 month (or longer) time frame to move their production to the US.
Done on a whim like this only causes a tremendous amount of unnecessary chaos, inefficiency, and suffering.
I suppose it's fitting, as it seems like casual cruelty is America's main export now.
Time to buy Canadian and European I guess. Just wish google and apple weren’t both American at this time…
I know that sane Americans didn’t vote for this.
If you voted for trump, are you happy you will pay more for everything without earning more?
I know that sane Americans didn’t vote for this.
If you voted for trump, are you happy you will pay more for everything without earning more?
Why is it so hard for people to understand that the whole point of enforcing reciprocal tariffs is so that EVERY COUNTRY WILL DROP TARIFFS TO THE USA.
If everyone stops tariffs then we all win.
If everyone stops tariffs then we all win.
Luckily I don't have any immediate need for big ticket items, though I'm sure I'll be paying more for everyday items.
It will be interesting to see how much of the increase companies are willing to absorb in order to maintain expected sales numbers.
It will be interesting to see how much of the increase companies are willing to absorb in order to maintain expected sales numbers.
51% of voters voted for a guy who spoke using as few and simple words as possible so his message would reach the less brilliant individuals. Nobody explained them what the consequences would be.
My point being, they didn't vote for this, they voted for a guy they thought they could trust. Why would anyone trust a human carrot is an entirely different matter, though.
You got to be kidding where do you think Apple sources their aluminum I’ll give you one huge hint it ain’t USA! 😂
Oh wait it’s 🇨🇦!!!
I don't think that's quite how Trump is defining it. I believe it is more to do with trade deficits. So if country A sells more stuff to the US than it buys from the US, Trump is putting a tariff on country A.
If that's the case the only way country A avoids the tariff is to either buy a lot more from the US or sell less stuff to the US. It's difficult to manufacture demand for something that isn't there so the only real solution is to trade less between countries.
The demand for the product still exists in the US but the flow of that product into the US is greatly reduced. This (in Trump's view) then incentivises companies to start manufacturing that product in America.
People who are harmed are:
American consumers who face higher prices and less choice
The business in the foreign country sees reduced demand (and downsizing, job losses, closure that comes with that).
All of this so that the US government takes more money in to give American's a tax break. Sucking money out of the global economy to line America's pocket, which is already the wealthiest country on the planet, but apparently wants even more of it.
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