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iPhone Sales Could Face Major Setback in China if Trump Enacts Trade War
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It's hard to "just get along" when much of the campaign rhetoric was hateful. This isn't simply about disagreement on policy ideas. Don't expect people to hold hands when you support a racist, or stand by when your co-supporters hurl racist, bigoted ideas at people. There's a limit to what you can do before you decide "hey can't we just get along?". GWB didn't cross that line. Trump did.
NAFTA robbed this country blind. We would be a much richer nation. I agree with you to an extent - trade deals are going to be tough to go back on now that our economy is basically structured around them. But if these were never signed in the first place - our middle class america and union jobs would still be around in this country.
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You mean the paid co supporters that were put in place by George Soros, and organized protesters that were put in Trump rallies to incite violence, hate, and then paid for it in return by the DNC - as cited in the WikiLeak emails?
Parts tear down and cost estimate:
https://www.ifixit.com/Teardown/iPhone+7+Teardown/67382
http://www.zdnet.com/article/teardo...costs-200-to-make-iphone-6-plus-just-15-more/
I apologise for posting FACTS. The Stated Apple markup on the product is about 40%. It might be a bit higher but close.
That leaves under 10% for assembly labor. If you translate that figure to all the components too, and considering so much is robotically manufactured, it would have minimal price effects (under 10%) if it were entirely domestically manufactured.
The main limitation is not labor, but taxation and vastly more regulation in the USA. Taxes in China are around 20% and in the USA around 45% including federal and state. Furthermore there is a sticky taxation trend due to paying public employees wages and pensions greater than the private sector due to public employee unions not just negotiating workplace safety, which was replaced by the Health and Safety code, but also wages and benefits, which unions did not historically do for PUBLIC SERVICE jobs. Now all State and County budgets are blowing up due to unfunded mandates of those wages and benefits.
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Unions have always struck and negotiated for higher wages and benefits.
Get serious. The whole US system sits on top of cheap foreign labour. Pull your head out of the sand.
You win some you lose some..
Putting US labor in competition with China and India means we all lose white or blue collar.
Heads fully up. Never been a fan of outsourcing to the detriment of the American working class.
Its funny how people believe that low income jobs is what our western world needs back. I am from Germany and there are politicians like trump who say if we kick out all low income foreigners more germans would get those jobs. Yeah right like they wanna do those dirty, noisy or filthy jobs. Maybe if we had a time machine and could fly back to the 50ies.
But even then those people complained how machines took away jobs. Later it was the robots in the factories. But honestly who would todays like to weld heavy machine parts by hand like back in the days? Or dangerously bolt ship decks together?
Get over it. Thos jobs are gone forever, at least in the scale that they could feed a whole middle class of a country. Times change. They didn't change overnight. Those jobs started to move in the 70ies with the heavy industry like shipbuilding and mining, in the 80ies the rest of the heavy industries moved. In the 90ies and 2000s the low service jobs moved like phone hotlines.
There will always be old jobs disappearing and new jobs showing up.
But even then those people complained how machines took away jobs. Later it was the robots in the factories. But honestly who would todays like to weld heavy machine parts by hand like back in the days? Or dangerously bolt ship decks together?
Get over it. Thos jobs are gone forever, at least in the scale that they could feed a whole middle class of a country. Times change. They didn't change overnight. Those jobs started to move in the 70ies with the heavy industry like shipbuilding and mining, in the 80ies the rest of the heavy industries moved. In the 90ies and 2000s the low service jobs moved like phone hotlines.
There will always be old jobs disappearing and new jobs showing up.
You cannot compare a net exporter like Germany to a net importer like the U.S. Germans still have industry you still make things in the U.S. we don't.
Trump 2016 #MAGA, Americans are immoral and don't care if a Chinese person is making 10 cents and hour to make their iPhones. Bring jobs back to the USA, I love you President elect Trump. If the price goes up so that Americans can have jobs, then so be it. #AmericaFirst..
No, but the incoming administration will have control of all three branches of government. There are no checks and balances. Obama had to fight for everything he wanted. My fear is that Trump will have little to no resistance to anything he proposes. That usually makes for poor legislation.
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Trump hasn't even been put into office yet and you're already comparing him to the likes of Hitler, that is just blatant ignorance and intolerance. Your pseudo liberalism in the US has a double standard that is far beyond comprehension to a more than 2-party, quasi-democratic society. If you disagree with his ACTUAL implementation of law, then you should do something about it, like vote him out in 4 years, loby to keep things certain ways or progress another. If you're implying that today's ability to influence government and media is even remotely similar to that of the past it is just a fallacy that you choose to believe. oh and as a cherry, I didn't vote for Trudeau, in fact I strongly disagree with a large portion of his policy, did I up and move? Did I riot in the streets and cause millions of dollars worth of damage? no. no. and FYI, our corporate tax environment is far worse than the current US climate.
I know I have said this before, but Tim is in trouble. He bet the entire company by being a Hillary supporter and now that she lost he probably will have close to zero influence on this administration. This means that on things like this, trade issues with China, that are critical to Apple, Tim will be watching from outside instead of at the table trying to influence policy. This is why CEO should not be in politics - too much risk for the company. Tim, either get out and run for office or never ever ever get involved in politics while running Apple.
American consumers have reaped those benefits, too. Most of the increases in living standards for the U.S. working and middle class since the 1950s have been due to cheap consumer goods from developing countries. Not saying that's a good thing, just a fact.
Without debt and cheap goods from overseas, most Americans would be no better off than they were in 1945. One car, one small home, one small TV, no cellphone, no computer, no yearly vacations, etc.
Boo hoo. Apple won't make obscene billions of dollars in profits with a new trade deal. Such injustice.
Blue collar jobs have been on the decline due to the natural advancement of technology. No president can stop it, not even Trump.
Those jobs are gone and we should be focused on retraining blue collar workers.
Those jobs are gone and we should be focused on retraining blue collar workers.
He saved us from the worst recession in recent memory and managed to achieve actual growth in working class incomes for the first time in 30 years? He finally managed to get millions of Americans insured? He went from economic disaster in the aftermath of Bush to extremely low unemployment rates and steady growth?
Not sure if Trump will have the time to do this since his staff, rumor ores nominees and supporters are trying to start a civil war and al all out race war.
It's easy to lower unemployment numbers. Just stop counting those who've given up looking for work, those employed part time but wanting full time work. I'm sure the middle class appreciates healthcare insurance rates that are higher than their mortgages as well.