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Apple Watch, AirPods, and Other Apple Goods to Be Exempt From China Tariffs
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Of course it's a bluff. Most tariffs are. But that doesn't mean they don't hurt. As a consumer, if a product becomes 25% more expensive, you either don't buy it or swallow the pill and tighten the belt somewhere else. If your company's product suddenly becomes 25%more expensive, you'll have way fewer buyers. The key to growth is stability so you can make mid- and long-term plans and investments. The volatility of a trade war does not allow that.
Which included rounding up all the illegals and deporting them, over eleven million. Trump has totally failed on this.
Trump's working class base also assumed he was talking about legal immigrants who are allowed in at absurdly high numbers and steal jobs from Americans and drive down their wages.
And any American company who wants to sell their goods in China have been paying, and are still paying China.
Jump over a dollar to save a nickel... if they would look at the long term results from a short term suffering they might change their tune. Instead we as Americans just want to live our lives for today and not care about what damage we are causing for those who will come after us financially, environmentally, mentally, and physically.
As someone who is a tiny house owner with no mortgage or debt, I look at the way our world has changed since day 1850, not far ago. We are definitely a more convienent, commercialized civilization, but at what cost? In 1850 we may have not lived to 80+, but we built our homes with our bare hands, we grew and raised our own foods, we bartered and traded for living. We were not destined to sit in cubicles for 40+hrs a week, and slave away to watch our works efforts go to someone else’s mansions and Ferrari’s. We traded our souls to commercialism.
Socialism is not the answer, but neither is ignoring that in the eyes of whatever creator you believe/don’t we are all created equal.
Look at those un-contacted tribes in the Amazon in recent news as an example. We as humans are fully capable of flourishing without all the garbage we have today. They are a perfect example of harmony and it’s why their photos fascinate us.
As someone who is a tiny house owner with no mortgage or debt, I look at the way our world has changed since day 1850, not far ago. We are definitely a more convienent, commercialized civilization, but at what cost? In 1850 we may have not lived to 80+, but we built our homes with our bare hands, we grew and raised our own foods, we bartered and traded for living. We were not destined to sit in cubicles for 40+hrs a week, and slave away to watch our works efforts go to someone else’s mansions and Ferrari’s. We traded our souls to commercialism.
Socialism is not the answer, but neither is ignoring that in the eyes of whatever creator you believe/don’t we are all created equal.
Look at those un-contacted tribes in the Amazon in recent news as an example. We as humans are fully capable of flourishing without all the garbage we have today. They are a perfect example of harmony and it’s why their photos fascinate us.
Just curious why so many people on the Left have no problem with other countries putting levies on our products (Canada, EU, China...) but throw a fit when we RETALIATE to try to make it fair. You know, "fair", the Left's most favorite word. Like "fair wages".
Is it that you have no clue what a trade deficit is? Like the ~$12.5 billion trade deficit we have with Canada, for example. $376 billion with China, approximately. $70 billion with Mexico?
All of them put tariffs on our goods. Do you not understand that? Heck, in China, U.S. companies can't even own the plants. They have to get into a "partnership" with a state-owned company who then steals all of the intellectual property.
The fact that Apple gets a pass is typical politics. Those with $ are treated differently than everyone else. That's why Obama gave exemptions to donors on Obamacare (it's why there was no public option). All politicians do it.
The profit margin on a $1,000 iPhone is what? About 40-50%? Is it more? They should be building those phones in the USA. The middle class has been decimated the last 20 years by both political parties. Trump won Wisconsin, Michigan, Pennsylvania because he was the ONLY guy (besides Bernie Sanders) who wanted to protect the American middle-class.
The point here is if one country is screwing U.S. business owners over by putting duties on their products to protect their own companies (like Canada with dairy farmers), than the USA should retaliate and not bend over and take it up the butt.
All of you Trump haters need to remember that Bernie Sanders ran on the same issue! LOL. So if Hillary hadn't rigged the Democratic primary against Bernie, and Bernie was the Democratic Party candidate and won (he would have against Trump), you would all be praising him for protecting the American working class right now with the same policies. Stop being a partisan cult member. Think for yourself. Debate the policies.
Is it that you have no clue what a trade deficit is? Like the ~$12.5 billion trade deficit we have with Canada, for example. $376 billion with China, approximately. $70 billion with Mexico?
All of them put tariffs on our goods. Do you not understand that? Heck, in China, U.S. companies can't even own the plants. They have to get into a "partnership" with a state-owned company who then steals all of the intellectual property.
The fact that Apple gets a pass is typical politics. Those with $ are treated differently than everyone else. That's why Obama gave exemptions to donors on Obamacare (it's why there was no public option). All politicians do it.
The profit margin on a $1,000 iPhone is what? About 40-50%? Is it more? They should be building those phones in the USA. The middle class has been decimated the last 20 years by both political parties. Trump won Wisconsin, Michigan, Pennsylvania because he was the ONLY guy (besides Bernie Sanders) who wanted to protect the American middle-class.
The point here is if one country is screwing U.S. business owners over by putting duties on their products to protect their own companies (like Canada with dairy farmers), than the USA should retaliate and not bend over and take it up the butt.
All of you Trump haters need to remember that Bernie Sanders ran on the same issue! LOL. So if Hillary hadn't rigged the Democratic primary against Bernie, and Bernie was the Democratic Party candidate and won (he would have against Trump), you would all be praising him for protecting the American working class right now with the same policies. Stop being a partisan cult member. Think for yourself. Debate the policies.
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I'm talking macro. Potential long term resolution/benefit. More fair dealings with china in general. I understand there will be a short or moderate length squeeze due to the tariff implementation.
I do believe that volatility from tariffs is temporary (less than 5 years).
Seems like you don’t understand what a trade deficit is. It does NOT mean Canada owes you 12.5 billion. It just means you bought more from them than they bought from you.
That’s how world the economy works. To protect their own market. The USA also does this. And generally, developing and third world countries are the ones being the victim. Not first world countries. Trump is just repeating the same story over and over again: blaming minorities, foreigners, other countries,... as long as there’s an enemy to fight, his rhetorics get a following.
World economy is a bit more complex than taking it up the butt. Raising tarifs generally also hurts your own country because it makes things more expensive. For consumers and businesses alike. One industry may prosper, another may suffer. But the net outcome of a tarif increase may well be negative. It’s never black and white and I’m pretty sure Trump did not carefully study this but just makes it all up along the way.
No, you are mistaken. The trade deficit is because those countries IMPEDE American companies from entering their market with tariffs. Like Canada, for example, with American dairy farmers. Trump has said let's all have zero tariffs. Canada rejected that.
Exactly! That's what Trump is doing. Thanks for agreeing with me. I'll quote Justin Trudeau, "...we will always stand up for our workers".
I think there's an honest debate about whether the US is better off with more global/free trade - and how hard we negotiate with our training partners, and how we use tariffs to protect markets.
What I'd hope we can all agree on - is that removing a consistent policy in favor of hand-shake/backroom deals is worse. Much worse.
So that means that the most expensive categories, iPhones, iPads, and Macs , are about to become even more exorbitantly expensive than they are...
Looking forward to the 2000$ iPhone XS and the 3000$ Macbook Air...
Nope, look up the definition of trade deficit.
And no, raising tarifs does not equal standing up for our workers. If those workers work in a factory that requires to import a product hit by a 25% tarif, that factory will have more costs, raise its prices, loose customers and fire workers.
But I admire you still believing a guy who fired his entire entourage, half of them now being in jail.
I think at a very basic level we should all agree that if another country already has duties on our products going into their country, it's understandable that we put duties on their products coming into the USA.
Our middle class has been destroyed the last 20 years. It's not a small thing that three BLUE states elected Trump. It blows me away that people are just dismissing that, still.
Two ant-establishment candidates ran against "free trade" – Bernie Sanders, Donald Trump.
It's (a). Cook told him that Apple would build a new facility but didn't mention that it was already in the works and has absolutely nothing to do with the childish tariffs.
This is the thing about poor people...they believe billionaires do things like this for pocket change like the stock price of AAPL. Not a fan of tariffs (although I might be coming around as a negotiating technique) but the idea the motivations are something this silly shows a paucity of imagination and a narrow world view.
Ah, you exposed yourself as a partisan cult member. A Trump hater. LOL. And you are ignorant about the tariffs against our products going into the countries I listed.
Canada tariffs on American dairy:
http://www.nbc-2.com/story/38417119/does-canada-have-a-270-tariff-on-us-dairy
"For decades, Canada has protected its dairy industry, erecting trade barriers that diminish foreign competition and result in higher prices for Canadian consumers. While this has prompted longstanding complaints by the United States and other exporters, the tariffs have survived, thanks in part to a strong dairy lobby that Canadian politicians have been loath to oppose.
After a small fixed quota of U.S. exports is reached, Canada imposes a tariff on any dairy products brought into the country, with the level varying a bit depending on the specific product. For instance, fluid milk is 241 percent, cheese is 245.5 percent, ice cream is 277 percent, cream is 292.5 percent, and butter is 298.5 percent.
Experts said Trump’s tweet is a reasonable mid-range estimate, and given the scale of these tariffs, "Trump's complaints have some basis in fact," said Munroe Eagles, director of Canadian studies at the State University of New York-Buffalo."
Like I said, why do Leftists ignore it when other countries put tariffs on our products, but get mad when the USA retaliates. This just reinforces the rhetoric that Leftists hate America. rofl
Hey can you just explain why Bernie was wrong then about tariffs and trade deficits?
They agree when Sanders says it.
" I do not believe in unfettered free trade. I believe in fair trade which works for the middle class and working families, not just large multinational corporations. I was on the picket line in opposition to NAFTA. We heard people tell us how many jobs would be created. I didn't believe that for a second because I understood what the function of NAFTA, CAFTA, PNTR with China, and the TPP is, it's to say to American workers, hey, you are now competing against people in Vietnam who make 56 cents an hour minimum wage. This is an area where the secretary and I have disagreements"
Source: MSNBC Democratic primary debate in New Hampshire , Feb 4, 2016
Does it take retaliation by other countries into account? So the question is who needs who more.
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Wouldn't be the first time.
California Supreme Court rules that a law that’s impossible to comply with still can be constitutional
https://www.americanthinker.com/blo..._comply_with_still_can_be_constitutional.html
"Factual impossibility is rarely an adequate defense at common law. In the United States, thirty-seven states have ruled out factual impossibility as a defense to the crime of attempt".
https://en.wikipedia.org/wiki/Impossibility_defense
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https://appleinsider.com/articles/1...ry-rumored-to-supply-iphone-screens-for-apple
Why can't they build an OLED plant in the USA?
That's a Gen 6 plant when the world is building Gen 10.5 plants.
It's an LCD fab when the world is moving to OLED.
Wisconsin provided a $4.5B subsidy for this $10 billion project.
Pick any one of the three to understand why it's a show and tell piece rather than a real business plan.