Great to see the USA downsizing. The rest of the world ha an opportunity to breathe fresh air and grow. Go USA! as far as possible.
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Apple Stock Falls as Trump Tariffs Target Supply Chain
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Apple is the poster child for globalisation. Go where there’s lots of suppliers who can do their work cheaply and get them to bid against each other for the lowest price. Repeat.
They will pass along what they can, but the magnitude of the drop in their stock price relative to the market indicates that the market doesn’t think they can pass along everything.
You didn’t address anything I actually said.
You keep repeating that tariffs are good for the U.S. economy with no evidence. Like a mantra.
There is plenty of evidence that tariffs will hurt the U.S. economy, and Americans. The effects of the Smoot-Hawley tariffs act being the clearest example in recent history.
Tariffs have no effect on AI displacing jobs. AI runs in U.S. data centers. Worse, slowing down AI adoption is not a positive. It’s an invitation for other countries to leap frog the U.S. with their own faster AI adoption.
Trump isn’t playing 4D chess. There is no long term benefit for any of this. He has no idea what he is doing.
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I’m beyond mesmerized that anybody thinks Trump has a grand plan here.
He’s been obsessed, irrationally so, with tariffs for decades.
That’s the end of his thought process on it.
Nobody voted for higher prices but they were unable to figure out that his policies would cause us to go into recession. People tried to warn people but nobody listened.
But even the dumbest knew he was a serial bankrupt, a sexual predator, a convicted felon. That he was rude, sneering and generally obnoxious and even his wife hates him. So, pretty stupid all round to have him represent the USA as its number one citizen.
You won’t see much in the way of prise rises in the USA. Tim will raise the prices in other countries to offset the US import taxes
phones aside this sucks for regular people with groceries and crap, plus insurance etc.... Repair cost will be higher therefore car insurance will go higher etc.............. screw phones this is not good at all. mid terms can't come fast enough.
All this is is investors looking for everything to be cheap to buy and the stocks will go back up. The rigged stock market always does this. When the average person is making too much money on investments, magically some event happens and sinks their gains. The elite swoop in, buy cheap, sell when high, and the cycle begins all over again. Stock market is really no different than gambling in Vegas. The house always wins.
Yeah, I’m really thinking if it’s worth testing my luck waiting for the M5 Mac mini in October or November, or if I should play safe and get an M4 mini now, even if that means losing one extra year of macOS support.
The Trump Admin is using the trade deficit as well as VAT and other bad business practices (like the EU trying to fine Apple billions) to calculate the amount of tariffs.
Incorrect- those numbers take into account the ~2% of people who voted for other candidates, neither Trump nor Harris. Therefore, it's more correct to say that those 2% wanted anyone but Trump OR Harris. Fixed that for you
Perfect summation. I'd add that this is also a plan to purposefully tamp the overall prosperity in the country down and box us all in a walled garden as Americans. Pit us in an "us vs them" narrative and keep everyone thirsty to continue hoping that things flip and America finally becomes "great again." Meanwhile rich oligarch cronies become richer and we become more and more downtrodden like Russia. Just sucks because half of us didn't vote for this and most of us work hard and do what we got to do to stash away some savings for the future, which is looking bleaker everyday this unserious circus is in charge of the country.
Which key architects? There is some overlap, I do acknowledge that. Still, it's better than letting 20 million more illegal immigrants into the country and giving them resources meant for American citizens and giving them pathways to vote.
New Trump Administration Packed with Project 2025 Architects
Now that the election is over, the mask is off, and Trump nominated several architects of Project 2025 to have a key role in his administration.
www.afge.org
This is exactly right. Trump voters voted exactly for this and did it knowing an iPhone might see price increases. I've been telling people since 2016 if you want to know what Trump is doing, read Art of the Deal. Whether you like it or agree with it or not, he told you exactly what he was going to do and now he's doing it.
It was perfectly correct.Incorrect- those numbers take into account the ~2% of people who voted for other candidates, neither Trump nor Harris. Therefore, it's more correct to say that those 2% wanted anyone but Trump OR Harris. Fixed that for you
Most of the parts for the Starlink terminals come from Taiwan, China and Vietnam. Tesla's biggest car factory is in China, and even Teslas assembled and sold in the US have ~60% parts content from Mexico and China. Tesla also sources the majority of its batteries from LG (South Korea) and CATL (China) these days.
Last I checked the US still has aerospace and car manufacturing other than SpaceX and Tesla, and Musk isn't making any large scale consumer electronics.
Europe/EU should put 50% on Apple/Google/Amazon/Tesla/Meta....see how quickly *they will turn around.
*They= Is the state we are now in due to US politics.
*They= Is the state we are now in due to US politics.
It's only the same phone, the software changes and if you want those "security updates" you'll be getting a new iPhone.
I would love to see your sources stating that home prices have gone up 30-80% in the past three years. That simply does not comport with reality. I'm sure there are certain markets that have - for many reasons - seen outsized inflation. There always are, and they tend to be unique to those markets. Just like there are always markets that show little to no inflation. Nationwide housing inflation was 4.2% year over year in February, a decrease over the same numbers since 2021. Housing inflation peaked at around 8% two years ago and it has been cooling since.
And of course with the just-announced tariffs sparking this stock market turmoil, experts are saying that inflation is only going to get worse.
So inflation has been rocky and looks like it will be getting worse. And if unemployment surges (gov't firings have obviously taken off, and private corporations such as car manufacturers have already announced layoffs), then we'll have stagflation. A word we're going to see a lot more of.