I think you’re right. Apple can’t hike the prices in the US by that much so they will have to spread the pain by raising prices everywhere.
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iPhones Could Cost Up to $2,300 in the U.S. Due to Tariffs, Analyst Says
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China is putting export controls and export tariffs are some materials and rare earth metals. If the phones have them, they could be charged upon exit.
And if the orange man’s policies turn out be correct or beneficial in the long run, will you admit he was right? Probably not ….
Unless it's a temporary negotiating tactic. China punched back, but other countries are already negotiating rather than fighting it, and companies (like Nike) are actually up today. Also, historically, tariffs don't always lead to more inflation.
I'm not saying it was the right move, but nobody seemed to care that much when inflation crept to near record levels the past few years. And now all of a sudden the sky is falling. People are knee-jerk sensitive and fickle and have a hard time looking past party to truly evaluate a situation. And as another comment on here said, news organizations LOVE this stuff just like the Weather Channel loves a big hurricane. They keep the panic going with their headlines.
The market was overvalued, and was primed for a big pullback. It just needeed a good excuse. Some of what we're seeing is just panic selling and not fundamentally based. Markets can go up for longer than they should, and they can go down for longer than they should. This one went up far too long and needed to clear out some of that fluff.
Edit: correction - people clearly did and do care about inflation, but since it was a slower burn than this tariff situation, there was less of a knee-jerk response to it. That’s what I should’ve said above.
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Sure, I will. If they cause permanent damage will Trump admit he was wrong?
...and when it comes to Canada and Mexico, aren't the tariffs to stop fentanyl, and illegal crossings? They have nothing to do with the market.
oops ... wait .. you just made the case that we are not in a bottom or in the middle of a "sale" ..
i.e. things are not "on sale" .. but now priced back where they should be
(you quoted me replying to someone claiming this was a buying opportunity as things are "on sale")
I get what you're saying with this logic, but based on that premise, you should never invest at all because there's always a risk that during the time you need to grow, it could stay flat or go down the ENTIRE time. That's historically inaccurate. Could it happen? Sure. But there's no precedent for that.
What is the long term gain and how long is it going to take to get there?
What you do is wait ...this just started and it's WILDLY unclear what's next or when.
We could be headed for lows we've literally never seen ... someone attempting be at least a little savvy would keep their money on the sideline of this chaos for now.
I'm not here to tell folks what to do or not with their money. Have at it! -- but I'm old and been around and recognize when things are chaotic.
Brainwashed much...
It won't take long. Vietnam is already ready to drop all tariffs. More countries will follow.
Haha, sure..Some will. Many will follow China and match ours.
China is the world superpower now, and have been for a few years. Their power and influence will increase while ours will diminish. They can nearly replace anything produced here, for the rest of the world, and tariff free.
Why shouldn't it? We (Trump) just ignores the wishes of anyone, threatens to steal land from the other countries (Greenland), threatens to take over Canada, the Panama Canal, throws away treaties, blames Ukraine for Russia invading, wants to blow away Gaza and turn it into the French Riveria...I could go on and on.
Where is the care and respond for fellow human beings? As I have heard since I was little, you can judge a person by how he treats those who can do nothing for them.
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Welcome the new "all-in-one" market indicator: Eggs! Seen at IHOP.
That’s a really bad idea. It would just make Trump angry with Apple and who knows what he would do then.
I can't find it now I read that some state (or states) was talking about requiring all businesses to add that line to their receipts.
No, the iPhone won't cost that much. It will be impossible to maintain anywhere near that market share. Instead Apple will sell the phone for $1000 and inundate you with ads (which they were planning to do anyway on the way to becoming a $10T company). And maybe they could save some production cost by going back to using LCD screens which would be awesome.
Me too. I've had it a week today, so it should still be good when the zombies start wandering the streets here.
Tariffs make everything expensive ... I can imagine Apple going right along with that and jacking up prices, as the expectation and the norms will be set.
He also place tariffs on an island full of penguins so lets sit here and say any of this makes sense.
The economic policies, even if successful, would feel like part of some Faustian situation, due to the other policies. More jobs and a stronger economy sound good, but post something unflattering on social media and you're in a prison camp with no trial.
Apparently you follow the main stream media way too much!
"Tariff increases push OLED MacBook Pro release to 2029" - Gurman