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Kuo: Apple Can Reduce Impact of Trump's Massive Tariffs in Five Ways
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Stop spreading misinformation. There’s no way that can legally happen. You clearly don’t know how it works.
There are 2 reasons why you can’t build the iPhone in America
One is what’s been discussed that the price will go up because of wages & working conditions
Two the US doesn’t have the ability to build the iPhone to satisfy demand for it worldwide as a consequence of competition moving there business to Asia decades ago for cheap labor
It isn't just iPhones and such going up. Everything is going to go up. It's not just products, but also materials that go into those products and fuel (oil and gas) needed to run machinery and transport goods into the country and to the stores near you.
It is NOT misinformation. Trump clearly stated that he wants a 3rd term many times. One legal way is to have his vice president run, Trump as the VP. JD Vance would resign day 1, and Trump is back in for another term. They can also change the constitution, or have the Supreme Court re-evaluate the meaning of 2 terms to mean 2 consecutive terms.
You're just repeating the circular slop I argued against.
It's too expensive because of labor costs -> labor costs are too expensive because the manufacturing is too specialized because there is no industry -> there is no industry because we exported jobs to slaves -> iphones would be too expensive because of labor costs
Tim Apple and Senior Vice President #600 are laughing at everyone who believes this
Economic collapse and decades of recession and stagflation. America falling further behind in global markets. It's going to be a wasted generation for America.
Yes, under normal circumstances Trump is constitutionally barred from ever running again. And that includes an end run by using Vance to get in as president then resigning (not that he ever would given there is no real loyalty there). But these are not normal times and they are rigging the system to allow whatever they want to do based on fictitious rationalizations.
It almost happened once. This time they will be prepared. He plans to stay in office and has stated how it will happen.
America is no longer anything even remotely like a democracy. Votes no longer matter.
No. It isn’t about them buying GM or Ford cars.
“German” cars are being built in eastern europe, Spain, Mexico, China, Brazil, India, Australia, South Africa, another African nation, many other countries AND the USA. VW group, BMW and Mercedes will just have to expand their production in the USA.
Oh, and GM and Ford build cars all over the world for world markets.
They actually aren't reciprocal tariffs - they are the percentage trade deficit divided by two. It ignores the reasons and benefits for the USA of such deficits and aspects that favour the USA (e.g infinite borrowing at low rates due to enforced petrodollar system, outsourcing polluting industry to China, etc), whilst reaping the benefit (e.g. Apple can produce phones cheaply in China, but have HQ in USA and be on the US stock market). These benefits have disproportionately gone to the rich, whilst the poor have been given infinite credit until the chickens come home to roost.
"This calculation assumes that persistent trade deficits are due to a combination of tariff and non-tariff factors that prevent trade from balancing."
Presidential Tariff Actions
For the Presidential actions taken pursuant to his authority under the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), see below:
and ELI5 explanation:
Donald Trump's tariffs are based on bizarre math—The numbers explained
The administration appears to have used a simple, two-step formula to calculate the "reciprocal tariffs" applied to trading partners.
www.newsweek.com
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Trump has zero interest in helping Americans have a better life. He doesn't really care about trade imbalances or who makes what where or national security or whatever. All of that is nonsense justification for what he really wants: He wants to be a king and for him and his cronies to line their pockets while everyone is fighting amongst each other for scraps.
Anyone who voted for him was simply a patsy he conned for him to get where he is now--in a position to lord it over everyone with the power of life and death.
Anyone who voted for him was simply a patsy he conned for him to get where he is now--in a position to lord it over everyone with the power of life and death.
You're being too level-headed.
I agree, we were told it will be painful, yet Wall Street is acting like they were surprised by the moves. I'll sit back and relax for a few days/weeks. We will see some major shifts from countries as they bring down tariffs on the US (while others do not...). When the dust settles, we will see what companies make the moves to US manufacturing. If I had my way, I would like to see the President allow free trade with all of North America, which would allow auto manufacturing to keep going in MX.
Maybe not.
That doesn't mean Trump - the same man that tried pressuring election officials to "find" him votes - will let himself be stopped by that.
And yet all of that is better than what the dems would have done to the country.
They are not.
You (and many others) need to understand that Trump has been bullsh*tting you.
They've made up many of the alleged foreign "tariffs" out of thin air.
That's why they were asterisked with a "Including Currency Manipulation and Trade Barriers".
If tariffs are already at 0%, they can't - and won't be - be lowered (not reasonably, anyway).
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No current constitutional way.
Many constitutional scholars have already weighed in on it:
12th Amendment, states that “no person constitutionally ineligible to the office of president shall be eligible to that of vice-president of the United States.” So they can't do the old switcheroo legally.
Constitutional amendment requires approval by two-thirds of Congress (or a convention) and ratification by three-fourths of the states. Unlikely.
"or have the Supreme Court re-evaluate the meaning of 2 terms to mean 2 consecutive terms."
Read the actual text: "No person shall be elected to the office of the President more than twice, and no person who has held the office of President".
The supreme court are still reasonably straight shooters. There is no leeway in that aspect of the 22nd amendment.
Trump will try (e.g. through proxy), but there is not current way he legally can hold the office again.
