Apple Stock Falls as Trump Tariffs Target Supply Chain

[sw1tcher]

The only people that are remotely threatened by this are boomers….and quite frankly everyone hates them because they made massive amounts of money over the years in a system they rigged for themselves. Anyone older than boomers will be just fine with diversification as will anyone younger because…..time.

It's not just baby boomers. There are people who are Gen X (people born between 1965 and 1980) that are close to retirement age. They will be affected by a prolonged recession/depression too.

A recession/depression could be especially bad for certain Gen X-ers as they're both trying to save up for their own retirement while at the same time they may be caring for their parents (Baby Boomers) and their own children (Millennials). They're being called the "sandwich generation"

Sandwich Generation: What the Term Means, How to Manage

The sandwich generation refers to middle-aged individuals who are pressured to support both aging parents and growing children.

www.investopedia.com

The sandwich generation refers to middle-aged individuals who are pressured to support both aging parents and growing children. The sandwich generation is named so because they are effectively "sandwiched" between the obligation to care for their aging parents—who may be ill, unable to perform various tasks, or in need of financial support—and children, who require financial, physical, and emotional support.

Some members of the sandwich generation find themselves putting off retirement to offer financial support to aging parents and adult offspring.

 

[Howard2k]

I read that dairy specifically with Canada is interesting because in the US we subsidize it heavily. So if there weren’t tariffs, we would destroy their entire dairy industry with our cheap milk, but at the same time, our taxes would go to paying dairy farmers to ship it to Canada for free.

Maybe. I'm not sure. I don't know how that volume cap on the tariff compares to Canada's overall milk consumption. But I agree that using a US subsidy to destroy the Canadian milk industry seems a little crazy.

 

[ArtOfWarfare]

Well those who voted for him and support him are getting exactly what they voted for.

The tariffs aren't exactly what was voted for... the vote is to encourage companies to invest in manufacturing in the US. Hopefully the tariffs do the trick, but it'll take many years to see whether they work or not. I fear a lot of companies will try to just weather the storm and wait for tariffs to be cut in 4 years instead of starting major investments now.

 

[Joshuaorange]

Maybe. I'm not sure. I don't know how that volume cap on the tariff compares to Canada's overall milk consumption. But I agree that using a US subsidy to destroy the Canadian milk industry seems a little crazy.

I just can’t figure out, in the most simple of terms if we’re actually trying to make trade more fair (assuming it’s not) or we’re picking fights with our allies.

 

[JPack]

No idea. If they aren’t buying anything from us, why “retaliate” with tariffs on them? Thats what I don’t get. How does this benefit us?

You're trying to make sense of a chart that is meaningless to begin with. There is no logic behind it.

Australia has a free trade agreement which means 0%. But somehow, the reciprocal is 10%.

 

[0049190]

Apple recently moved some of its manufacturing to Vietnam which now faces a 46% tariff.

 

[Joshuaorange]

The tariffs aren't exactly what was voted for... the vote is to encourage companies to invest in manufacturing in the US. Hopefully the tariffs do the trick, but it'll take many years to see whether they work or not. I fear a lot of companies will try to just weather the storm and wait for tariffs to be cut in 4 years instead of starting major investments now.

I’m guessing it’s cheaper to pay the tariffs than it is to pay the expense of manufacturing here. There was a Chinese glass company that opened a plant here and had a terrible time making it profitable with our lazy unskilled workers who demand excessive pay along with all the environmental regulations.

 

[JPack]

I just can’t figure out, in the most simple of terms if we’re actually trying to make trade more fair (assuming it’s not) or we’re picking fights with our allies.

It's simpler than that. When it's a universal tariff on every country, it's called a tax. You can't make everything domestically. A tax is hard to sell to the population.

 

[Joshuaorange]

You're trying to make sense of a chart that is meaningless to begin with. There is no logic behind it.

Australia has a free trade agreement which means 0%. But somehow, the reciprocal is 10%.

That’s what I’ve been suspecting, but didn’t want to rush to judgment.

 

[JapanApple]

Recently More American Rice is coming to larger Japanese Supermarts. The prices are still high. The problem is Since Aug 2024 or so prices have doubled for domestic raw rice. American rice is about 1000 yen cheaper. Still much higher than domestic rice before Aug 2024. Some tariffs like rice are exacerbating some existing price fluctuations that have been ongoing. More panic than rationalization occurring now. have to keep cooler thoughts and ride it out.

 

[0049190]

The 32% tariff on imports from Taiwan is going to hurt the tech industry across the board.

 

[Old Smuggler]

It’s upsetting to see Vietnam on the list with such a high tariff. Vietnam is a wonderful place that has so much potential. Get ready for the price of Skechers the skyrocket among other things

 

[sw1tcher]

The 32% tariff on imports from Taiwan is going to hurt the tech industry across the board.

The U.S. tech industry relies on Taiwan mainly for semiconductors. Taiwan's 32% tariffs don't apply to semiconductors.

Trump Confirms Worst Tariff Fears; Futures Plunge

President Trump announced massive tariffs on major trading partners. Futures are tumbling.

www.investors.com

Fine Print Provides Some Relief

The fine print of President Trump's executive order indicates that reciprocal tariffs won't apply to autos, semiconductors, steel, aluminum, copper and other products already targeted or potentially still to be targeted by sectoral tariffs. That means Taiwan Semiconductor chips produced in Taiwan for the U.S. market won't face a 32% tax. However, Trump has previously said he wants to apply a 25% tax on chips.

 

[Joshuaorange]

It’s upsetting to see Vietnam on the list with such a high tariff. Vietnam is a wonderful place that has so much potential. Get ready for the price of Skechers the skyrocket among other things

Yup, just bought this today. Never would have thought it came from Vietnam.

 

[dontwalkhand]

“Project 2025 is fake” …

Here we are.

 

[0049190]

The sky isn't falling as some are saying. Has to be a lot more than this.

We haven’t seen how all these countries are going to retaliate yet. It could get a lot worse in the coming days.

 

[0049190]

The U.S. tech industry relies on Taiwan mainly for semiconductors. Taiwan's 32% tariffs don't apply to semiconductors.

Trump Confirms Worst Tariff Fears; Futures Plunge

President Trump announced massive tariffs on major trading partners. Futures are tumbling.

www.investors.com

Fine Print Provides Some Relief

The fine print of President Trump's executive order indicates that reciprocal tariffs won't apply to autos, semiconductors, steel, aluminum, copper and other products already targeted or potentially still to be targeted by sectoral tariffs. That means Taiwan Semiconductor chips produced in Taiwan for the U.S. market won't face a 32% tax. However, Trump has previously said he wants to apply a 25% tax on chips.

That’s a relief but the last sentence you didn’t highlight was a warning of what could still happen. Trump definitely wants to move microchip manufacturing back to the US.

 

[PsykX]

what stops Apple to increase prices worldwide?

Why the hell would they do that worldwide? They're going to do that in the US only.

The tariffs imposed by Trump are only affecting US citizens, which are suddenly going to pay a lot more for the same products. Most people think the OTHER country will pay the tariffs, and this is a very wrong understanding.

 

[bLackjackj]

ot good news at all, I have a share in apple...

Even Tim knew & sold his stock yesterday!

 

[ArtOfWarfare]

Apple recently moved some of its manufacturing to Vietnam which now faces a 46% tariff.

I believe I'm on record for criticizing them for not moving manufacturing to the US at the time.

Or heck, whatever happened to manufacturing in Mexico?

 

[jz0309]

Why the hell would they do that worldwide? They're going to do that in the US only.

The tariffs imposed by Trump are only affecting US citizens, which are suddenly going to pay a lot more for the same products. Most people think the OTHER country will pay the tariffs, and this is a very wrong understanding.

Did you read the post I was replying to?
And only time will tell us the answer to that question…

 

[iBreatheApple]

You buy massive companies for the long term anyway!

Yep. The time to buy is now when they’re on sale. It always recovers. Unless the apocalypse happens. Then it doesn’t matter anyway.

 

[tgwaste]

Well those who voted for him and support him are getting exactly what they voted for.

Yep, we are and we are perfectly OK with it. Tell Tim Apple to ask those governments to remove or lower their tariffs on the US and we will do the same. It's not hard to understand. The US is NOT a charity.

 

[tgwaste]

No idea. If they aren’t buying anything from us, why “retaliate” with tariffs on them? Thats what I don’t get. How does this benefit us?

Why is this so hard to grasp?? These countries will cave and when they do the US will boom.

 

[0049190]

I believe I'm on record for criticizing them for not moving manufacturing to the US at the time.

Or heck, whatever happened to manufacturing in Mexico?

Trump doesn’t like Mexico for some reason. Maybe they won’t let him build a golf course there. 🤣