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Heaven knows what the markets will make of this on Monday. They hate uncertainty and they must have completely lost any trust they had in Trump and indeed the entire US government. I don't think removing these tariffs makes it certain that stocks or the bond market will settle. In the UK a Prime minister would have been forced to resign by now (Liz Truss can testify to that) but I presume this can't happen in the US?
 
Imagine all the scrambles in Apple finance meetings "ok ****, that plan last week to increase prices 25% now with narrative due to.. you know what?? WE CANNOT!" - Other ideas ??
 
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lol.

Trump being Trump.
But also people being people. People panic, which causes problems, but the reason for their panic never bears fruit.
The reason for the "panic" was that computers and phones were set to rise significantly in price.

But was it consumers panicking that moved Trump to add this exemption, or was it Wall Street panicking?
 
Heaven knows what the markets will make of this on Monday. They hate uncertainty and they must have completely lost any trust they had in Trump and indeed the entire US government. I don't think removing these tariffs makes it certain that stocks or the bond market will settle. In the UK a Prime minister would have been forced to resign by now (Liz Truss can testify to that) but I presume this can't happen in the US?
I expect a surge in the morning, followed by embarrassing posts by Trump and his clagnuts making clear that Trump didn't want to do this and may change his mind at any moment, followed by most of the gains evaporating by the end of the day.
 
Heaven knows what the markets will make of this on Monday. They hate uncertainty and they must have completely lost any trust they had in Trump and indeed the entire US government. I don't think removing these tariffs makes it certain that stocks or the bond market will settle. In the UK a Prime minister would have been forced to resign by now (Liz Truss can testify to that) but I presume this can't happen in the US?

The entire situation is different Truss was ousted for ridiculous ideas the budget wasn’t actually enacted.
The PM doesn’t have the power to make these kind of decisions on their own.

Also it’s worth remembering we don’t elect a PM at a general election, we only elect our local MP.
 
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If I’m Tim Apple, I use this moment to ramp up iPhone production in India and possibly adding iPhone production capabilities in Vietnam.

Trump is not stable from a business standpoint, so take this as a reprieve to cover your behind for the next tariff hike.

I have the same opinion. This is just giving Apple some time to move out of China.
 
The reason for the "panic" was that computers and phones were set to rise significantly in price.

But was it consumers panicking that moved Trump to add this exemption, or was it Wall Street panicking?

I think it was neither. As far as China goes, I can't see a quick resolution of the tariff issue so Apple has been given time to move out of China.

In China, I expect the tariffs on everything else to go up this week in response to China raising their tariffs.
 
I think it was neither. As far as China goes, I can't see a quick resolution of the tariff issue so Apple has been given time to move out of China.
Apple has been expanding manufacturing to other countries like India and even some to the US. They do that for a variety of reasons such as incentives given by he host country, expanded capacity and some safety due to natural or man made disasters. I don't see them having motivation to actually leave China, just not depend as heavily on it.
 
My guess is that Trump, his family and cronies bought Apple stock just before the announcement of the exemption.
 
The reason for the "panic" was that computers and phones were set to rise significantly in price.

But was it consumers panicking that moved Trump to add this exemption, or was it Wall Street panicking?
Here's the thing, Trump forgets he's in a democracy. He thinks just because he's in charge everyone else would just go along with his self-imposed recession. We saw those desperate posts from him yelling at everyone to stay strong and stop panicking. That's his utter failure to understand how any of this works. You don't command the nation to stop panicking when their retirement savings are getting wiped out and you are running the economy like a crackhead in a stolen car. What you do, is plan your trade policy so it doesn't devastate your own population on day one. This has been an absolutely clueless strategy from an out-of-touch lunatic. He is, like the people who've worked with him will tell you, a ******* moron.
 
Yes, they’ll have us believe that she who worries about Jewish space lasers is smart enough to beat the market. 🙄🤣
 
Pathetic. The Trumpists are not even right-wing or conservative in the normal sense, just tribal, recklessly macho and inept.

What's more, Americans knew who they were voting for last year because they watched him for four years, and then he reminded them last year who he was and told them what he was going to do in his second term.

They voted for him anyway and now their prices will rise because of the tariffs, many of them will lose their jobs because of the recession and their retirement savings will shrink because of the stock market decline, caused by the combination of uncertainty and the coming stagflation.
 
What's more, Americans knew who they were voting for last year because they watched him for four years, and then he reminded them last year who he was and told them what he was going to do in his second term.

They voted for him anyway and now their prices will rise because of the tariffs, many of them will lose their jobs because of the recession and their retirement savings will shrink because of the stock market decline, caused by the combination of uncertainty and the coming stagflation.
A lot of people are OK with losing nearly everything if in exchange it means people who look and speak differently than they do are kept out of the US, and them damn revenooers are kept away from their stills.
 
I was reading an article by someone claiming that someone placed a perfectly timed bet on AAPL calls, the odds of which they could make money were extraordinarily small due to them expiring in a few days. They will clean up, assuming apple opens significantly higher on Monday.

Note: I can't vouch for the credibility yet, but hope to see some discussion in more well known financial circles on Monday.

Edit: Ninja'd by @picpicmac
Definitely something for the SEC to look into.
But, of course...
 
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