apple as a company according to figures make double the amount in revenue worldwide than in the USA so if $100 dollars is slapped on every device then that makes up a lot of that additional tariff costs & they will probably absorb the small amount that is left over.
You have just done the calculation there is no way they will sell iPhones at that price in the USA & they will not absorb the full charge because then the money would fully come out of profits & that’s not going to happen
Okay, so you can't actually show calculations to back up what you're claiming, it's just pure assertions, good to know.
I think everyone needs to calm down. These tariffs are only temporary and will lead to other countries reducing or eliminating their tariffs on our exports. This will be a good thing for us in the long run as we will, and already are, bring more manufacturing here to the US which helps us all. Shame on anyone fearmongering about this.
Except the tariffs are not actually based on the tariffs other countries have on US goods, they're based on
an incredibly dumb formula that
these idiots got from ChatGPT. The actual thing that's happening is that the US's major trading partners are doing retaliatory tariffs. Also, even if the theory that they'll eventually lead to onshoring of existing manufacturing is correct (and it's very doubtful for many reasons), the only way they could do that is if they are
not temporary.
I think you miss my last point which is that manufacturing in Canada would remove any tariff for Apple selling to the rest of the world. I don't know the balance of sales between the US and all other countries and my point assumes Canada welcomes Apple with open arms and does not apply tariffs themselves. From the UK, I'm not concerned about raised costs for US citizens - apparently it's what they voted for!
Tariffs are import taxes based on where goods originate from. Apple doesn't have to worry about retaliatory tariffs against the US from other countries, as the overwhelming majority of products they produce are not made in the US to begin with.
It might only last a month or so but that’s not how politicians speak
So he will say for example look at how well the economy is doing under me than the previous guy because it will show an increase in spending compared with previous months.
Then with the lay offs all they will say is look at the money we have saved for you America people.
Yes, this is the kind of idiotic stuff Trump might say, but it obviously doesn't actually make it good.
Because a problem shared is a problem halved.
It is asinine until you realise that Apple isn't targetting the most price-sensitive part of the market. People have soaked up Apple's price hikes before with a shrug and carried on buying. Apple can't go crazy but a 10-20% uplift isn't out of the question. It might not manifest itself so visibly outside of the US market if the dollar takes a visible dip, which I don't think this administration would be averse to: cheaper exports, dearer imports and easing the burden on servicing the national debt.
Except that not only has nobody seemingly done the calculations to show that it'd only be a 10-20% uplift around the world when they have to deal with a
43% increase in costs in the US, but that also assumes that their competitors will all do the same, plus that consumers outside the US won't be angry at being made to literally pay for Trump's ignorance about trade and taxes.
21% from China, prior to 2025.
Where are you getting this from?
I Googled your specific quote and all I can find is a bunch of random social media posts from right wingers, nothing from any actual news source that actually confirms what you're claiming here.
Taiwan has agreed to drop ALL tariffs on the United States
No, Taiwan has not done this. Also, Taiwan's security against the threat of invasion from China, relies on keeping America happy, which will influence things, and quite notably, the tariffs Trump applied don't actually apply to its major semiconductor industry.
joining India, Israel, Vietnam, and Cambodia, who also intend to zero out their tariffs
Reports that some countries might be considering this, is not the same as them
actually having done so. Even if they did, US exports to these countries combined ($321 billion), represent just
5.35% of US exports.
In contrast, exports to the EU in 2024 were $370.2 billion, Canada $349.4 billion, Mexico $334 billion, and China $143.5 billion. All but Mexico, have
already imposed retaliatory tariffs.
European Union has just offered ZERO for ZERO tariffs with the United States. Well over 50 countries have called to negotiate with Trump so far.”
The EU reportedly offered this
on just specific goods,
weeks ago. Countries calling to negotiate isn't somehow a sign that what Trump is doing is good, or that it's going to work out well for the US.
It seems way too many suffer their own hatred of Trump to the extent they become absolutely hyperbolic in their rhetoric.
Very bad and stupid things are in fact, very bad and stupid. The bigger issue here is more that being a Trump fan requires ignoring reality to such a comprehensive extent. That's why you have to make claims that aren't supported by actual evidence.
