Here's a company that was ready to pay the tariffs, but canceled orders because it is just too volatile and unpredictable. Doesn't matter what the tariffs are today if you don't have a clear understanding of what they will be throughout your product cycle.
www.theverge.com
Hee hee hee hee hee hee
Because we elected an economic strategist with amazing intellect? No, that's not it. Because the economy is a global thing and Trump is trying to break the world?
It's not the case that Apple is the only exemption, it's entire product classes of certain electronics regardless of who imports them. Any smartphone is exempt whether it's made by Apple, Samsung, Google, etc., any laptop/desktop whether it's made by Apple, HP, Dell, and so on. Apple no doubt played a key role in securing the exemption but it applies to all players.
You missed the part where they don’t give a damn about their workers. They have a looong history dealing with dissent.
Trump is a child compared to most other leaders in the world. He is all mouth with no subtlety or substance.
If you’ve been buying Trump’s nonsense about trade deficits you evidently don’t understand how global trade really works. And they’re mad because Trump started a trade war with zero justification. Absolutely no one was taking advantage of the U.S. except in his infantile mind.
It's precisely because of carve outs like this that the US moved from tarrifs on everything except for those that curried favor to the income tax system.
hudsonvalleycountry.com
"and made sure not to say anything negative in public about Trump's policies that would anger Trump. For Trump's inauguration, Cook also personally donated $1 million."
Let’s not forget that Apple are in this mess because of Tim Cooks actions. He was warned numerous times against putting all his eggs in one basket by manufacturing everything in China. It’s only recently he’s started production elsewhere.
Last time I checked the US was still the biggest and most important market in the world. I don’t think that is going to change anytime soon.
China could pivot away from the US if necessary and focus on other markets and their vast internal market of nearly one billion people.
It’s already working with over 70+ countries. It was a great move for the U.S. and long overdue.
I don’t think you can go back in this world. America will never compete with China on manufacturing costs so they need to compete in other ways.
Trump later clarified that these exemptions were only temporary for a month or two. What happens then will be interesting.
Madame press secretary keeps saying that there are seventy countries, but when asked for a list of them she changes the subject. So I remain skeptical of the assertion.
As a westerner living in Asia and having lived in China for a couple of years, I feel you are very wrong. The Chinese will wipe the floor with that moron of a president of yours. The sheer stupidity coming out of his mouth, the media which seem to bend backward to justify whatever drivel he spouts, and also his voters, I feel this will be your economical Vietnam of the modern era.
