Actually I replied to someone else who brought it up first, guess you missed that and nothing poor about it, and you are also wrong.
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iPhones Could Cost Up to $2,300 in the U.S. Due to Tariffs, Analyst Says
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Actually I replied to someone else who brought it up first, guess you missed that and nothing poor about it, and you are also wrong.
During WWII folks had small patches of land where their house was and most planted Victory gardens for part of their food. We were a more rural economy. Now most of the US population lives in apartments or subdivisions with virtually no place to plant even a weed. So the population now is forced to "buy" all of their food at a store somewhere.
Lots of food is imported as large swaths of our farmland is growing animal feed and being shipped overseas. Our farmland has been drowned in chemicals to control weeds and force more yields.
Unintended side effect is that food crops do not grow well is soils contaminated with products like RoundUp and their equivalents. As a former farmer, we had to have a couple of years of benign crops to try and purge the toxicity out of the soil.
Corporate farming chases max profits and food for our citizens is not the most profitable choice. So a large percentage of our food supply will be impacted by the tarriff scheme which means food costs more at the grocery. The killing of food programs for the poor will only benefit the mortuary business, if folks can afford a funeral. Mass unmarked graves could be in our future.
Fancy iPhones will be ignored when every penny is needed for food, water and heat.
Lots of food is imported as large swaths of our farmland is growing animal feed and being shipped overseas. Our farmland has been drowned in chemicals to control weeds and force more yields.
Unintended side effect is that food crops do not grow well is soils contaminated with products like RoundUp and their equivalents. As a former farmer, we had to have a couple of years of benign crops to try and purge the toxicity out of the soil.
Corporate farming chases max profits and food for our citizens is not the most profitable choice. So a large percentage of our food supply will be impacted by the tarriff scheme which means food costs more at the grocery. The killing of food programs for the poor will only benefit the mortuary business, if folks can afford a funeral. Mass unmarked graves could be in our future.
Fancy iPhones will be ignored when every penny is needed for food, water and heat.
I don't think they will want to waste land for mass unmarked graves. Incineration and use the energy produced to run the machines in the workhouses where the poor will toil will be the new normal.
I was watching one of the myriad financial shows yesterday morning and heard an exchange that absolutely delighted me.
Trump’s labor secretary was trying to polish the turd that is the economic news, and finally the host lost patience with her and said “Can we have one answer that doesn’t change the subject to Joe Biden, and can you explain to people with retirement accounts why they should be excited about the resurrection of the US sock-production industry?”
Trump’s labor secretary was trying to polish the turd that is the economic news, and finally the host lost patience with her and said “Can we have one answer that doesn’t change the subject to Joe Biden, and can you explain to people with retirement accounts why they should be excited about the resurrection of the US sock-production industry?”
I agree with you in observing where the real economy has shifted in recent decades, and the fact that conservatives in particular were concerned about this was good.
However, the West (i.e. Europe, Japan, Korea and Taiwan, all of whom recognized the US as the world's policeman) cannot understand that this task has now been cowardly handed over by the Republicans to an unpredictable and confused-looking puppet master.
A world power needs a level-headed tactician to strive for your described goal or this direction, it needs neither nationalistic muddleheads nor unpredictable puffery.
In Germany, during the state and economic crisis at the end of the 1920s, there was the National Socialist movement, which bundled reparations payments that were perceived as unjust (which damaged the economy as a disease and caused unemployment and inflation) and channeled them into a leader. Undoubtedly a wrong person, because he created a war economy miracle, and then immediately covered people and the world with threats and later war.
No era is comparable to another, and yet individuals and social movements always function in a similar way.
The utopia of a sensibly rational economy through self-sufficiency efforts and populist national recollection is actually always a game with fire. Trump is currently celebrating this in orgasmic fashion. The rest of the world (especially Europe) is speechless and horrified, America has never been so uncultivated and crude.
Of course, chaos is also an instrument of strength, it awakens fears of unpredictability. But if you take chaos too far, you lose. It's like laughter. The message gets lost if you laugh too long, and if you don't stop, everyone turns away affected. So Trump appears to the world as somewhat confused, not like Biden, but in his own way. And he has been set free and can no longer be contained.
America now seems loud and self-confident again (like Germany did back then), but has no culture of staging this to its advantage on the world stage.
In the past, economic issues such as tariffs were negotiated by appointed economic experts and politicians in the back room; there was no need for the public stage, which is hardly receptive to them. Today, of course, such structures have been replaced by the Internet, which can freely distribute opinions (including mine) without an editor-in-chief or political affiliation, and can therefore generate much more tension and popular opinion. But from the point of view of growth, the old compromise system and its operational mode of action had never really harmed America as a whole.
Increasing national debt is almost everywhere, and of course it's a problem, but America is not alone in having this problem.
But if you use this problem (like the price of eggs) to sweep the stock market clean, destabilize the entire financial industry, set institutions on fire, sweep “lazy people” out of government agencies, and produce powerful effects, then in earlier decades you were considered a demagogue (Hitler), charlatan, or anti-Christ (as I sometimes read here).
Europe is not speechless because it has been on America's back and is now expected to bear the costs of armaments and war preparations itself. We have long since accepted this and we are actively working to implement it. Also we continue buying expensive equipment in the US. But the fact that billionaires don't care what happens to NATO shows how perversely the Republicans are currently dealing with values, infected by their icons.
As a European, I saw and respected America as a friend and in many ways as a role model, until the recent decline in Republican values.
When I was a child, I remember sitting across from my father one evening as the news hummed softly in the background. With the quiet authority he always carried, he said to me:
"America sets the rules of the world. But the way it is—it's not a disadvantage for the world. In fact, it's probably the best possible compromise."
I was young, but not too young to question things. So I looked up at him and asked, “And what if one day America becomes like Hitler's Germany? Then who will be the ‘Allies’ who save the world?”
He didn’t answer right away. For a moment, he just looked at me, and the silence felt heavier than any words. Then, in a voice quieter than before, he said: "Let’s hope it never comes to that."
Now we have to wait and see. Anyone who isn't nervous at the moment is dump and stupid.
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Yeah all okay but come on comparing eggs with iPhone is ridiculous iPhone is luxury that’s my issue here and I’m not calling you but those other people just sound ridiculous and childish lol.
Any idea where that was? Would love to see that interview.
It actually might... because unless we know the details of how tariffs will impact the iPhone costs, Apple could raise prices by 40% and claim "because tariffs" even if they had only a 15% impact on costs.
I expect everything to rise in price regardless of how much, if any, they are affected by tariffs. It's a convenient and plausible excuse. Just like egg prices rose higher than the impact that salmonella and bird flu had on chickens.
You can read what happened in the 1930s when the US raised tariffs with the Smoot-Hawley Tariff Act and the other countries responded with counter-tariffs.
Trump and his boys have reopened the game. The popcorn will get ruin our throats.
Trump and his boys have reopened the game. The popcorn will get ruin our throats.
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Do your maths by yourself:
If the USA puts even 1000% tarifs on ALL Russion imports entering the USA which is with exactly ZERO USD … because of total sanctions the amount of tarifs will be ZERO USD…
I don’t like Trump - But at least he is becoming a hard-core ecologist ! Why ?
Imagine all these hundreds of millions of apple gear that still do work pretty well now and will even just work pretty well in some years - and will so just work double as long without any functionally negative effect….
Another positive effect:
- Money NOT spent for new gear can serve now for more important things.
- Prices for second hand apple devices will rise enormously - or at least stay stable… good for those that still own
them…
.
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Pezimak, I will be charitable and suggest that you are a little confused, rather than you intentionally and brazenly lying in putting forth something that is instantly disproven in a few clicks. Go back to the post you replied to by Willis and you will see no mention of the UK government. You will see that you were the one who brought it up first.
You are not entitled to your own made up version of reality. While you are at it, I would suggest you read up on the 2022 fiscal event in the UK because you are putting forward a far-right conspiracy theory.
Strong disagree here. We already know what the margin is, since this is what Apple *already* states as the cost of goods for customs purposes. There's already the 20% in force on China as there has been for years, so Apple is already stating a lower number than MSRP, otherwise things would have gone up by a flat 20% when those went in force. They did not.
The analyst wants attention. Accuracy has never been important for Apple analysts.
Yeah, if you compare what a dollar could buy in the early 1900s versus what a dollar can buy today, it has lost 99% of its purchasing power.
The USA imported $3 billion in fertilizer and platinum from Russia last year. So unless President Trump has terminated those imports for 2025 (and I don’t think that he has) the question remains: why no tariffs on Russia?
so- than the best punishment in your opinion is to stop even importing goods from russia ?
The best in your opinion is surely to stop every import of Russian Platinum and Fertilzer. So - go ahead, USA !
China has today harshly reacted - just 24 hours after USA rising enormously the tarifs on chinese imports China immediately enormously reduced and partially stopped their EXPORT of rare earths and other extremely important exports to the USA. So, this makes you very happy for sure ?
This method of „Winning by sanctions“ has never had a good final ending for those who started sanctions.. above a certain threshold is the „economic nuclear option“ (That is what the best economical scientists call it just now) - and nuclear solutions have a big and long lasting fallout and millions of victims even after decades…
The USA started maximal globalisation and shared production all over the world in an excessive way - and got very RICH with that.
All countries on earth are now just a more or less important, but nevertheless important part of an excessive worldwide network of production, trading and consuming. There is a system of interdependency worldwide. nobody can escape now. Nobody !
if you get rid of just one single card in a house of cards - it mostly crashes.
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Oh, the (in)Humanity!
Currently, approximately one of every eleven in the World (and approx. one of every five children in the USofA) are facing some degree of 'hunger' (more than just 'food-insecurity').
I can only imagine they would be more-than eager to enjoy some popcorn, even if it "get ruin [their] throats" (?)
*fumbles with Settings; anxiously-anticipating < 100% Battery Health*
Right or wrong no company is going to voluntarily reduce their profit potential. That would be a violation of its fiducial responsibility to maximize shareholder return. I agree the US must bring domestic manufacturing back. Unfortunately I do not believe Trump's tariffs will succeed in doing that. Building factories and training a workforce is expensive and time consuming and no company is going to take the risk when in four years (or maybe less), the tariffs could all go away. This is why we will have to deregulate so American companies and workers will be competitive on the world stage.
If we ever do succeed in bringing back our industrial base, we will all be wealthier, happier, and healthier since manufacturing jobs pay more than service sector jobs.
That is wrong.
Compare not a USD then and now, that is the wrong way.
Once you got a USD for one whole day of work, now you get 1 USD in max 5 minutes….
Economists compare how much a standardised person had to work for being able to make a simple living.
In old times you had to work much longer (multiple times)for a certain amount of i.e. bread than nowadays.
I agree with most of what you said. IMO, tariffs are never a good idea, except in extreme rare cases. I also agree that on top of not bringing back manufacturing to the US, Trump's tariffs have the real possibility of backfiring on Republicans and costing them in the mid-term elections and beyond.
Unfortunately this is proof we are between a rock and a hard place and there is no easy way out.
You are correct that Congress not only has the power of the purse, all tax legislation must originate there as well. So from a Constitutional perspective, the tariffs must be approved by Congress and until then they are unconstitutional.
We are in the situation we are in because both parties have ignored and violated the Constitution for decades. If we want to regain our prosperity and freedom we have to return to the Constitution's principles of limited government and SOUND MONEY.
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You are making my argument for me. The dollar has lost 99% of its purchasing power since the early 1900s and therefore you have to charge your employer 99% more for your labor in order to make up the difference.
Wages are prices. They are the price your employer has to pay you for your time, skill, sweat, and effort.
I think the funniest thing is by doing this, Trump is the environmental leader of the 21st century, as hopefully people will stop buying so much fast fashion and cheap **** that lasts a few wears, uses. It will also reduce emissions through less shipping and less plastics and oil use.
He should win a prize for these humane and unselfish actions
He should win a prize for these humane and unselfish actions
Just curious…..did this labor secretary give a satisfying answer? If so, what was it?