I guess he'd need to give a couple hundred million.Does Tim Cook’s $1 million bribe not get Apple an exemption?
I guess he'd need to give a couple hundred million.Does Tim Cook’s $1 million bribe not get Apple an exemption?
From policies the polar opposite of Trumps? You mean capitalism? That's what his party wants. The left are the ones that want the U.S to become a socialist country, which will weaken our dollar even more. What are you even talking about that the EU has GDP approaching the U.S? The EU isn't even in the top 5. The U.S has 10x the trading volume as the EU.We really are
From decades of policies the polar opposite of Trump’s
Because we’re the ones that promised to ensure their borders in exchange for them giving up their nukes in the ‘90s
The EU is the largest trade bloc in the world, and has a GDP starting to approach the US. Calling them irrelevant is a supremely weird take. As for Canada and Mexico, sure they’re smaller than us but they’re definitely not irrelevant, especially to us, massive amounts of food, goods, and services the US depends on come from both countries and they’re *deeply* integrated into our supply chains. Apropos of nothing btw, Canada sends peacekeepers to more situations around the world than any other country.
Outside of the Vatican and kinda/sorta Monaco, both of which are not exactly massive, Europe is pretty much entirely functional democracies. If you think otherwise you’re deeply misinformed.
You think Trump’s trade policies are in line with the last 80 years?From policies the polar opposite of Trumps? You mean capitalism? That's what his party wants.
First of all what does that have to do with trade, and second of all the “left” in the US just mostly wants more social programs like we already have (universal healthcare to complement social security for example). There is no functional far left in the US politically, by global standards dems are center/center-right with small center-left progressive wing and the GOP is far right. There is absolutely zero chance of a socialist government in the US.The left are the ones that want the U.S to become a socialist country, which will weaken our dollar even more.
The EU’s GDP is 20T, the US’ is 27T, China is next after the US and EU at 18T. No other country or trade bloc even breaks 10T after thatWhat are you even talking about that the EU has GDP approaching the U.S? The EU isn't even in the top 5.
Governments having debt isnt bankruptcy, and a government doesnt function like a business. US debt is backed by being one of the largest countries in the world, with a massive amount of resources, influence, industry, manufacturing (yes, still. We are still the second largest manufacturer in the world), etc. The US isnt bankrupt, and the government could raise funds rather easily to handle debt service and more more easily by raising the tax rates on the wealthy back to where they were decades ago instead of giving billionaires even bigger tax breaks.The USA has been bankrupt for decades.
By stiffing contractors and investors. We *really* dont want the federal government to do that.This so-called "six time bankrupt person" has done something the USA hasn't been able to do: GET OUT OF BANKRUPTCY SIX TIMES.
Then Vance can take over and claim he was always there for that eventuality.
If Vance continues the same game, then Congress has proven already they can remove someone not acting in national interests...
I’ll agree with you that that was the plan, but I’m willing to bet that Thiel and co both underestimated Trump’s weird animal magnetism for angry conservatives that gives him the grip on the republican party that he has and just how unpopular Vance is. They know if Trump were removed Vance couldnt control the GOP. I also dont think Thiel and co expected how much of a chaos monkey Musk would be. He’s just as bad as those folks, but not on the same team, he’s just playing for himselfVance is backed by Thiel, an accelerationist who wants democracy to end. If you haven't already, look up Curtis Yarvin, Eliezer Yudkowsky, Nick Land and the so-called Dark Enlightenment.
Yarvin, one of the most sociopathic CS grads to ever exist (and that's saying a lot) believes, among other incredibly racist, sexist and ableist things, not that the botching of Reconstruction is what left us with the festering scab that we've never fully confronted, but that the solution to America's problems is replacing democracy with a tech CEO who rules as absolute monarch.
I'm of the view that the plan all along has been to skirt Vance's unpopularity by riding Trump to office, then declaring him incompetent .. using the very mechanism he touts as a path to a third term as the means to installing Vance.
There is evidence that all the executive orders being signed now are being authored by the Heritage Foundation, and all of these actions are Project 2025... Trump really believes that he is still useful to them now that they are dismantling government. He doesn't see the writing on the wall that the next thing they plan to dismantle is the Presidency itself.
Even then, they weren't; unless you are thinking of the stuff Wozniak built in that garage. My early Macs were built in Ireland if they are to be believed. Even IBM offshored a bit of its manufacturing back then. Actually, IBM built at least one of Apple's laptops and that was not in the US either.Who else remembers when computers were made in America, even Apple's?
That is inevitably what happens when poorer countries develop and prosper. They price themselves out of that manufacturing tier into value added market sectors and offshore what they used to do, as China is already doing. That was even before any talk of tariffs.Actually, while you are correct, manufacturing is starting to become quite expensive in China as labor costs have been skyrocketing. Perhaps the struggling Chinese economy might buy manufacturers some time, but they know that diversifying away from China is a must. Vietnam, India, Brazil (lesser extent), Indonesia, etc. will benefit from that. Hell, even Turkey will get a piece.
It is happening already. If you put barriers up on trading with other countries, they will be less inclined to hold any of your currency. Case in point, Japan is dumping the dollar as we speak. Japan!It should. It won’t but it should. I still can’t get over the idea of the Yuan replacing the US $ as the benchmark currency.
Brushing away facts conspiracy-theory style.Of coarse they are going to back track and deny everything.
Nonsense.What are you even talking about that the EU has GDP approaching the U.S? The EU isn't even in the top 5
That's a brilliant idea. In fact, replace Apple Intelligence with TI. It wouldn't even require a LLM. A VSLM (Very Small Language Model) would do. Could even run on a iPod Shuffle.Replace Siri with Trumpet...? Or at least put Trump's voice on Siri, maybe he'll exempt Apple from tariffs...
If you know the Market, then you know that is can drop precipitously very quickly, but recovery can be very slow. Sometimes years.The USA has been bankrupt for decades. This so-called "six time bankrupt person" has done something the USA hasn't been able to do: GET OUT OF BANKRUPTCY SIX TIMES.
Calm down. Nobody has attacked anybody else.
Better be careful about that. There are laws and punishments.
This is the smartest way to do it.
It doesn't matter. But I voted for him and he's made my country safer already by sending the most violent criminals OFF the premises. He has also ended many cray-cray policies and practices that were hurting my country EVERY DAY. And his DOGE department has uncovered hundreds of billions of dollars of fraud and abuse.
I'm feeling like I voted for the right man for the job. But thank you for your concern!
I'll pay far more in taxes just in this year alone than you probably will over the next 10 years. And a lot of that might very well be tariff costs.
And I'm okay with that.
Not gonna happen.
You're fantasizing again.
Nobody has paid any tariff money yet, so how can "goodwill" be destroyed? This is all working itself out. You really should calm down; it's not good for your nerves or your heart.
Until it's not.
I'm an investor. I am in cash right now because most things are not performing well. But that can change in days or weeks. Right now, there's no evidence to support all this stress that people are needlessly putting themselves under.
It sure seems that way, doesn't it?
I'm hoping this will actually serve to uncover all the guilty parties behind the child slavery that we keep hearing about. I'm game for it. Let's get it out in the open so that we can stop it.
Your mocking tone tells me that you are not yourself prepared. And maybe even that you don't know how to prepare, and that all of this scares you. There are professional finance people who can help you with this. I'm not mocking you; I think you should seek help.
The good news is that if you seek financial help and knowledge now, you will be able to avoid seeking help for PTSD (from losing your wealth) later. I wish you luck.
I don't know what that means, but it sounds mean-spirited.
Many Euro countries have themselves already embedded in the quicksand of debt from the high cost of their own government-heavyhanded methodologies. That, combined with the years of not providing for their own security, has them just as panic-ridden as on the US side.
100% true.
I've been thinking about upgrading my MBP this year, just to get to the M4. But I don't "need" it as yet. And who knows, by 2027, Apple might be making them in Alabama or South Carolina, where they already make some BMW cars, lol.
This is not a time to panic. It might be a time to look for ways to profit from all this hot-and-bothered drama.
Fine. We wish you luck in whatever you choose to do.
Nothing has even happened yet. Why are you freaking out?
"Camera tumor"...okay, that was funny.
And yeah, I do often hit that new camera button by mistake. But I still like having it.
I disagree about your comments regarding "rewarmed products", but I get where you're coming from. And you're not wrong to want Apple to manufacture them in the US.
If you want a bigger notch, I know a guy who can tattoo one right on your forehead!
Maybe, maybe not. Europe is into spending money right now, and I'm not sure it's going to stop just because of some American tariff on products not made in America.
Tell us 5 "way worse" examples, please. And while you're thinking about that, I'll go for a walk in my neighborhood that has fewer violent armed invading outsiders selling drugs out of apartment buildings. Fewer than when president Mumblemouth was ignoring the problem.
Sometimes you have to shake things up to fix a problem that is so embedded that only a few citizens recognize it. Lack of US-based manufacturing skills, knowhow, and facilities are a real problem and I'm glad SOMEBODY is working on it.
Grandma is smarter than you give her credit for. We were headed for a market downturn anyway, so this needs time to work itself out.
Agreed. Probably best to wait for the US built iPhone in the late 2030's. That should only be 49% dearer then the iPhone with 30% extra added you won't pay now. By then everything will have gone up and it wont seem that bad.They will have to unless they think consumers will abide a ~30% increase in the price of their phone for no good reason other than Apple wants to continue building them in China.
Lots of anger. American exceptionalism, is a young concept, only existing after 1945. You would have to be extremely ignorant or arrogant to think the world is going to sit around and be s@@@ on by the US for ever and a day and that is not going to cause a shift in money, investment, new trading blocks and military and political influence. I guess you have a bigger FAFO moment to learn.From policies the polar opposite of Trumps? You mean capitalism? That's what his party wants. The left are the ones that want the U.S to become a socialist country, which will weaken our dollar even more. What are you even talking about that the EU has GDP approaching the U.S? The EU isn't even in the top 5. The U.S has 10x the trading volume as the EU.
What country is afraid of the EU's military? and what is the EU's military budget? That is why Ukraine asked for our help. What countries can the EU military physically take over?
Let me guess, you voted for the senile old fart's nominee?
I'm not buying anything I don't need right now. During a depression, demand pretty much dries up on non-essentials like the latest electronics, and prices come down. Apple is resistant to price cuts, but authorized resellers with unsold stock will discount to maintain cash flow. As people lose their jobs, demand slacks even more, forcing further price cuts. At some point, vendors will be forced to cut more staff, decreasing demand even more as out-of-work people don't buy luxury items, and have to make things last. So in mid-to-long term, the trade war happening now won't increase prices. Short term, sure. And that's about Trump's attention span. In 2 years, the pain he's inflicting on his base will turn them against him, and their representatives in Congress will have to desert Trump's sinking ship. Then the mid-term elections will turn against the GOP, and the stalemate in government will allow private sector entities to make plans for the future. At that point, the nadir of this mess, I think I may start looking. But not at phones. At growth and dividend paying stocks.Not sure I agree. I’m grabbing a 16 today.
I was waiting for the 17, but there’s no way I’m putting an extra $500+ in Trump’s pocket in October. Tariffs are a tax on the American consumer. Simple as that. And while I’m OK paying my fair share of taxes to keep the country and government running efficiently, this ship of fools can’t be trusted, IMHO.
I might swing by Costco on the way home and stockpile toilet paper. Going to need it for the coming s**t show.
So both of you guys discount the effect that a Great Recession is going to have on demand as people lose their jobs and can't buy discretionary items anymore because they need food and medicine. Prices on those nonessentials in the next year will inevitably collapse. You won't have to wait until 2030. If you keep your jobs.Agreed. Probably best to wait for the US built iPhone in the late 2030's. That should only be 49% dearer then the iPhone with 30% extra added you won't pay now. By then everything will have gone up and it wont seem that bad.
You'd think, but corporations who want to remain profitable during downturns don't base their pricing on landed costs. They base them on replacement costs. That means they raise prices in advance of raised costs. You can expect just about everything you need and want is going to increase immediately if not sooner. Apple has a mutibillion dollar cash cushion, so you may have a point on Apple. But are you sure your job is secure during a severe global recession or depression? Should you be buying discretionary goods right now? I'd wait on anything I don't need until at least November 2026, when I can see if Congress switches sides and can thwart Trump's most damaging ideas.My guess is that Apple saw this coming and has stocked up on enough iPhones to get them to the next fall release. I don’t think we’ll see any increase on prices from Apple for a good while. They’ll absorb the costs and get by for now.
🤦♂️ Can we all review the definitions of dictator?A 43% sales tax on US iPhones…brought to you by the dictator.
No, it’s the near borderline psychiatric illness level hatred of anything not progressively left, or Trump. It’s puzzling nobody cares other countries have placed massive tariffs on us for decades. So long as we can get our less expensive yearly upgraded tech, no matter how corrupt, lopsided trade deals are, we look the other way.The thought of no longer having the luxury of cheap Chinese goods really has folks in a tailspin doesn't it?
Let me guess, MSNBC, The View, CNN tell you that? I mean come on. This is absurdity lol.When this selfish unqualified idiot is out of office for good hopefully the economy can recover from these idiotic tariffs. He likes to talk crap about how Biden supposedly did so much damage to the economy over his four years in office, but Trump has managed to do way worse in less than three months since being back in office. Don't be fooled, these tariffs are all for his own selfish gain and has nothing to do with helping America's economy.
The whole EU economy is smaller than the US, China's is smaller as well.Time to cut America off.
The Euro should be the world default currency now.