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Apple Stock Falls as Trump Tariffs Target Supply Chain
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i believe in free trade
the law of economics work best then
too bad markets are spooked - bad for my portfolio
makes me wonder if harris would have been better for the markets
going back to my warren buffet reading
the law of economics work best then
too bad markets are spooked - bad for my portfolio
makes me wonder if harris would have been better for the markets
going back to my warren buffet reading
No worries, mate.
I think we're all a little frustrated by having to helplessly watch by as a group of entitled idiots burn the world to the ground, myself included.
Vibrators are gonna cost more, too. Especially with the de minimis exception going away.
Those moves are still going to be great for all the countries trading with each other, and not us.
Reports suggest a potential 43% increase in cost of Apple products, based on the tariffs and location of Apple product factories.
And if Apple moved manufacturing back to the US, as is the intention of these penalties? Reports suggest (at least) a 3x increase in price of your already heavily Apple-taxed favorite device. You really interested in paying $3k for a basic iPhone, just because your neighbor built it?
And if Apple moved manufacturing back to the US, as is the intention of these penalties? Reports suggest (at least) a 3x increase in price of your already heavily Apple-taxed favorite device. You really interested in paying $3k for a basic iPhone, just because your neighbor built it?
Tim wanted to keep their normal iPhone margins when selling the vision pro. It is very unlikely they would eat the tariff increases. Why would they when it is China that pays for it 🤔
My belief is, if anyone has decades of experience planning ahead for adverse events in the supply chain, it's Tim Cook. I could certainly be wrong, and I'm not offering advice.
Oh i totally believe this 100%. This guy isnt mentally stable. He will ruin the entire world if they dont kiss his ass enough.
As for apple products price increases....god i hope it doesn't come to that. They are expensive enough as is...It was painful to let go of the dream of owning an Apple Vision Pro as i just simply dont make enough to be able to afford one and survive.
Thats one thing. Thats a new novelty and luxury item for early adopters. But when im looking at paying nearly 2000 dollars for a computer that this week only cost 1499, and i only can afford to spend 800 dollars this month and 800 dollars next month, and its priced beyond that though no fault of my own...all because idiots elected an even bigger idiot with an ego problem that hes going to take out ON THE ENTIRE WORLD....its a bit fustrating to say the least.
Market down 10% in 2 days thanks solely to Trump ...
Is that good?
Got an email from Vanguard today:
No need Vanguard ... in a few more weeks they'll be no assets to worry about.
Is that good?
Got an email from Vanguard today:
No need Vanguard ... in a few more weeks they'll be no assets to worry about.
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Except you clearly don’t understand that these are not even equal by any means lol
So what? You can get them to undo with policies without a trade war if you put economic policies in place here to bring back jobs overseas slowly over time just as they left here over the last 40 years without making them so high as to pull the rug out from Americas middle, working and lower classes. Even the upper middle class will see their buying power buried until Congress undies this or Trump’s 4 years are over and his failed attempts to have a third term anyway are behind us.
The tariffs are a tax on American companies. They will have to move manufacturing to lower tariff countries or bring it back to the US. Some companies like AAPL may absorb the cost in the short run, others will pass the cost to the consumer immediately, particularly on fruits & vegetables that will hurt the most.
These tariffs will be short lived. The intention is to bring companies and countries to the negotiation table. The US congress can override them after 150 days, but until then countries have begun negotiations with the Trump administration on these tariffs.
Those two paragraphs appear to be contradictory. In the first you suggest that the tariffs will be in place long enough to compel long term planning by US companies (i.e., bringing manufacturing back onshore), while in the second you claim that they are a short term strategy. Which is it?
His attempt to deal with this was to diversify manufacturing by building up capacity in Vietnam and India. Turns out these two are being heavily tariffed too, not just China.
Is it though? Trump has floated three different goals:
a) Pressure other countries to lower (real or imaginary) trade barriers.
b) Bring manufacturing back to the US.
c) Use the tariffs as a source of income for the US government.
Note that both a) and b) contradict c).
You have to wonder how Biden/Harris/Walz and Trump/Vance were the best that the US could do. Really. Not even trying for good government.
Also, a) contradicts b), since one is a short term objective while the other is long term.
If you couldnt see Harris Walz was a better option... all the court cases didnt sway you at all?
The actual convictions?
the past behaviour and the threats to retaliate against those holding him to account...
Then there were those too apathetic to vote.
Well this is on all who didnt care. But now might as it hits their pockets and the rest of the planet.
before you buy, heads up the Australian Stock Market is down 7% on opening Monday morning.
So it's not the time to buy yet...
If you couldnt see Harris Walz was a better option... all the court cases didnt sway you at all?
The actual convictions?
the past behaviour and the threats to retaliate against those holding him to account...
Then there were those too apathetic to vote.
Well this is on all who didnt care. But now might as it hits their pockets and the rest of the planet.
I'm not American so who I'd vote for is irrelevant. I live in Canada, and I also think that we're in a bit of a crisis of government too.
I don't think either of us should be looking at the current leadership and challengers available to us and thinking "They're all so good it's a tough call". Just my opinion.