The same cracked up intern at the White House worked out the Indian tariffs using the same formula he used for every other places. $45.7bn surplus, $87.4bn exports, 45.7/87.4 = 52% claimed tariffs charged
Do you really believe Trump's goal is to eliminate tariffs?
Hmmm... I have on the list for purchase in 2025:
I'm actually surprised the discussion wasn't "moved to politics" as I've seen with other potential politically charged articles... but maybe I'm not getting that function/feature on MR right.
There are some things you shouldn’t admit, even in confession 😂
Some countries, especially the EU bloc are discussing that next to some good ol' American products (motorbikes, alcohol, corn, peanut butter), they want to levy reciprocal tariffs at the tech sector for American companies (think Goolge and Apple). Best way would be to pay attention to the news.
Yeah right depending on what time horizon you're talking about... PE ratio of 35 is still historically high, the Buffet Indicator (Wilshire 5000 to GDP) is a 200% of GDP (way beyond the next 2 highs of 140% before the dot com crash and 100% before the '08 crisis. It's also why smart money like Buffet is in cash (and many of the wealthiest are slowly selling and stockpiling cash for the crash play).
The manufacture process seems complex but you teach people the skill specific to the one part of the task they complete. I agree, it could be done and used to be the case. Close to here used to be several places that made technology products common in stores but all left for other places.
How is taking care of our own and solving our problems first selfish? I remember a fable about killing a golden goose. Where does wealth come from?
I don’t live in the US either, but rather in Europe. Do you think Apple could pass the increased production costs also to consumers outside the US? Because, at the end of the day, the items are getting more expensive to manufacture in China and Taiwan, so… what do you think?
Trump has talked about tariffs for years and mentioned them extensively through the campaign (and I only saw the major news updates from here in the UK). What I haven't seen mentioned that much is that the Biden administration was also trying to reshore jobs and offered the carrot approach via things like the IRA and Chips acts. That seemed to be working too given the amount of companies that got public money to establish US maufacturing sites (including TSMC, who built the fab that now churns out A16 processors). Was it working well enough? Will Trump's stick method (combined with withrawing the carrot) work better? My opinion is maybe and no.
A lot of people don't really seem to understand why these systems have been in place since the 50s. Isolationism breeds conflict. Look at defence - there is a reason the US was so generous with providing security guarentees to it's allies: it was to prevent all these European & Asian nations heavily rearming themselves (especially with the advent of nucular weapons). When you have many nations fully armed up, a large & devestating conflict is much more likely (which whilst devasting for those directly involved in any conflict, would also tank stock markets and reduce global trade, so likely impact an isolationist US). Should NATO members provide more funding - probably, yes, but wavering on your commitment to protect allies is already fueling heavy proposals for defence spending in Europe...and it's not certain that they will chose to buy American weapons any more.
I would say that raising prices worldwide is the likely option. My guess is that a $20-25 price increase on iPhones around the world will result in less lost sales overall than a $100-200 increase on US-sold iPhones.
Don’t touch it. Leave it there until it goes back up as it always has.
The piece you're missing, is that household income is fixed in the short term. You can't spend more money than you have. If everything gets more expensive because of taxation, you have to cut expenses.
I just took delivery of my 14" M4 MBP last week, and got both my iPhone 16PM and iPad Mini 7 last November, so I'm able to hunker down for a bit and see what craziness, if any, this all brings. I hope you can get good prices on the items on your list.
I remember Trump making his own ties and clothes in China. One thing about Trump is he’s proud to take advantage of every opportunity given to him. But he also knows why the country’s middle class is gone. All the companies have shipped jobs and manufacturing overseas. Trump famously said in a debate with Clinton that he was smarter for not paying in taxes as he didn’t have to as the law said such. He’s fixing the broken system. Now, I completely disagree with most things socially that the policies are about, but for the economy and the future of the country, I truly believe he is doing what he believes will fix it. Look at Argentina’s president’s success by following the same playbook.Are you referring to the Trumps
Despite President Donald Trump’s calls for American companies to manufacture their products in the U.S., shipments of his daughter’s branded, Chinese-made dresses have continued to land on U.S. shores since he took office, documents reviewed by NBC News show.
“We can’t continue to allow China to rape our country,” Trump told his cheering supporters last year on the campaign trail in Indiana. “There are no jobs because China has our jobs.”
Some of those jobs are apparently still filled by Chinese workers assembling dresses for a licensee of Ivanka Trump’s namesake clothing line.
Since Election Day, the apparel brand run by Trump’s daughter has imported 56 shipments of Ivanka Trump products from China and Singapore, part of a total of 215 shipments from Asia since Jan. 1, 2016.
and Trump supporters?
The Federal Trade Commission ordered apparel company Lions Not Sheep and its owner Sean Whalen to stop labeling its products with fake "Made in USA" tags and pay more than $200,000 in fines.
The big picture: Lions Not Sheep is known for its pro-gun and pro-Trump shirts, featuring phrases like "Let's Go Brandon," "Give Violence a Chance" and "Shall Not Be Infringed."
Driving the news: The company was replacing the "Made in China" tags on its clothes with phony "Made in USA" tags, according to the FTC.
Where is 'MAGA' merchandise made?
The red “Make America Great Again” hat is one of the most iconic symbols of President Donald Trump's campaigns both in 2016 and in 2020. And that hat, sold through Donald Trump's official campaign website, is made in America. But that's definitely not the case for much of the Trump gear...abcnews4.com
The red “Make America Great Again” hat is one of the most iconic symbols of President Donald Trump's campaigns both in 2016 and in 2020.
And that hat, sold through Donald Trump's official campaign website, is made in America.
But that's definitely not the case for much of the Trump gear available at his sold out rallies.
MAGA hats, t-shirts, and then there's the slogans and phrases. If you head to a Trump rally, you literally walk through a sea of vendors, hawking goods that support President Trump.
The ABC News 4 crew walked around outside the rally in North Charleston Friday, lifting the tags on several items. Many read made in China, in the Dominican Republic, in Haiti and in Honduras but not in the USA.
There will at least a 5% increase in Tesla prices. (20% parts x 25% tariff). Worse for Apple.
did the orange imbecile ever lie to you?
Oh, I think this is the only part that is clear.
though it is not clear if Apple would pass those costs to consumers with price increases.
