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Apple Stock Jumps as Trump Pauses Some Tariffs for 90 Days
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I for one welcome our new penguin overlords.
His rich friends will get richer. Meanwhile Mom and Pop who lost tens of thousands in 401K and investment savings are still out of tens and thousands....thats the reality of this idiots genius moves.
Yeah that is just a relief tracking all the other relief. Question is can Tim Apple get the exception again. Million dollar check and a promised US factory should help, but no clue if that’s enough.
Trump is a drama queen. He luvs this stuff
Because of the pause, they can ship in more devices from those other countries.
So how does this tariff pause help with bringing back manufacturing jobs to the US?
As they say in Vegas, never bet was scared money. The stock market is gambling nothing more nothing less.
Apple stock is on the rise after U.S. President Donald Trump announced plans to pause most tariffs for a 90-day period. Tariffs are immediately on hold in countries that have not enacted retaliatory tariffs, which means this pause does not apply to China, but it is applicable in other countries where Apple suppliers operate like India, Vietnam, and Taiwan.
While Trump has paused tariffs in most countries, he raised tariffs on incoming Chinese goods to 125 percent, up from 104 percent earlier today. The 125 percent tariff is effective immediately, and comes after China raised tariffs on U.S. goods to 84 percent this morning.
Apple stock is up five percent since the tariffs were paused and 11 percent today, but the market is volatile right now with Trump's tariff back and forth, and it could see further shifts downward. It is not clear if it was immediately apparent that the pause did not apply to China.
Apple will still be impacted by tariffs on goods coming from China, but a reprieve on tariffs from other countries will allow Apple to bring more devices to the U.S. with little in the way of extra fees. The pause applies to all higher "reciprocal" tariffs that went into effect today, though there is still a 10 percent tariff in place.
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Article Link: Apple Stock Jumps as Trump Pauses Some Tariffs for 90 Days
This is entirely temporary. The market will tire of it very quickly. In fact the current situation on US treasury bonds being cleared out because of the risk to the currency they are tied to says everything.
Also ignore those big headline stocks like TSLA and AAPL and look at the market. The professionals are loving it as they can shift enough risky volatile stocks onto buyers riding the "buy low" hype. In fact they just repositioned their entire risk on someone else.
There's another cliff coming.
Also ignore those big headline stocks like TSLA and AAPL and look at the market. The professionals are loving it as they can shift enough risky volatile stocks onto buyers riding the "buy low" hype. In fact they just repositioned their entire risk on someone else.
There's another cliff coming.
Mission accomplished already!
Don is such a genius that he brought all these jobs back in just a few days.
He’s Made America Great Again
So quickly.
So bigly
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Presumably because Apple can shift some production to their existing plants in India and Vietnam to reduce their tariff burden.
I bought at $173, so good for me... for now. We will be back to chaos in 90 days.
so should I try to buy some stocks ? i've never been into this kind of thing, i've no idea where to start
😑😑😑 everything he does is total insanity.
I have no advice ... the plan is known, but the timing of it is hard to ever know, unless you're on the inside and fully part of the corruption.
If this isn't a psychopath's attitude, I don't know what is...
I feel for the Americans.
Stay strong.
I feel for the Americans.
Stay strong.
Looks like Trump blinked first. How embarrassing. Only yesterday he said he wasn’t going to do this about turn. No doubt he’ll spin it as a great success but we all know he’s a liar and a fraud.
I bought right at the Covid crash and pre-split. Essentially paid $73. Bought more of my other holdings today too right as the market jumped. We’ll see….in it for long haul and not scared off by the crash from last week.
April 4th:
April 9th - Donors IRATE:
"90 day pause on tariffs"
I have no clue how folks support this guy
April 9th - Donors IRATE:
"90 day pause on tariffs"
I have no clue how folks support this guy
Trump won’t be president for ever and the price of Apple just tumbled quite significantly. It’s the best time for long term investors to buy it. We know how much it can go back up.
I have very few Apple shares but if I had more disposable income right now I’d be buying more right now.
He didn't cave, it's called negotiating. Every other country has come to the table on Tariffs except China, which he is now giving an even bigger middle finger to.