Trump Planning Semiconductor Tariffs That Will Impact Apple, No One 'Getting Off the Hook'

[MacRumors]

Apple will not be exempt from tariffs after all, with U.S. President Donald Trump working on new semiconductor levies that will likely impact Apple devices, chips from companies like Nvidia, and other electronics.

Over the weekend, the U.S. Customers and Border Protection agency shared a long list of electronic devices excluded from the current tariffs, including iPhones, iPads, Macs, the Apple Watch, and more. Apple scored a reprieve from the 145 percent tariff impacting goods imported from China and the 10 percent tariff on goods imported from other countries, but it doesn't sound like it's going to last.

On his Truth Social network, Trump said that no one is "getting off the hook" and there "was no tariff exception." Apple and other tech companies are "just moving to a different tariff bucket," with the 20 percent "Fentanyl Tariffs" still in place, and additional tariffs coming.

Trump said that his administration will be "taking a look" at semiconductors and the electronics supply chain in the National Security Tariff Investigations. He also reiterated that "we need to make products in the United States." Trump is expected to announce some kind of semiconductor tariff in the coming days.

Trump has suggested that Apple could manufacture the iPhone and other products in the United States, but even if such a move were not wildly expensive, Apple would not be able to find enough people with the necessary skillset to assemble devices in the quantities needed. U.S. manufacturing would also drive the cost of the iPhone up significantly.

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Article Link: Trump Planning Semiconductor Tariffs That Will Impact Apple, No One 'Getting Off the Hook'

 

[HouseLannister]

which episode of Black Mirror is this?

 

[macos9rules]

He changes his mind every day or so

 

[wbeasley]

iPhone 17 satire (Australian site):

New iPhone To Completely Fold, in Commemoration of Trump’s Negotiation Style — The Shovel

The new iPhone17 which will honour the US President by folding when a small amount of pressure is applied.

theshovel.com.au

 

[macfacts]

The tariffs should only be targeted at companies that are using lax pollution rules in China, not a blanket tariff assignment.

 

[hieranonymous]

He’s just manipulating the market in broad daylight so he and his cronies can pump and dump.

This really is the dumbest timeline.

 

[G5isAlive]

He changes his mind every day or so

I think 'mind' is overstating it... but yeah...I think then real strategy is to reverse course so often we get bored and stop paying attention. That's been the case in the past.

 

[wbeasley]

Someone must have just sold off stock now it rebounded.

Crash (again) incoming...

For all the attention the stock market (and likely manipulations of it) gets, the bigger issue many are ignoring is the restriction of rare earth metals that China is limiting. These affect a lot of US companies and are critical to products.

And the growing list of "unreliable" US companies list China is making.

These both make business inside China and outside a lot more difficult for US companies.
And longer term could affect profits more than the current crazy level tariffs.

 

[risenphoenixkai]

Let’s be real: Tangerine Palpatine isn’t “planning” anything. That guy’s skull is the equivalent of a glass jar full of dying fireflies.

On Thursday, he’ll wake up and see that tech stocks have tanked even further, and more “exemptions” will come in. Four days later, after Chinese state media calls him a dirty name, he’ll institute an eleventy billion percent tariff instead.

There is no plan. There is no rationale. There is only the ravings of a lunatic moron, who 70+ million of his fellow idiots trusted with far more power than he deserved or was ever capable of exercising with even a modicum of wisdom or restraint.

 

[Gathomblipoob]

He changes his mind every day or so

So, you say he's getting better?!

 

[stars_fan]

Apple shouldn’t be let off the hook. USA first is great for the country.

 

[nikon1]

“Trump has suggested that Apple could manufacture the iPhone and other products in the United States, but even if such a move were not wildly expensive, Apple would not be able to find enough people with the necessary skillset to assemble devices in the quantities needed. U.S. manufacturing would also drive the cost of the iPhone up significantly.”

Once again, trump showing just how ignorant he really is when it comes to manufacturing products. Every time he opens his mouth, it just proves how useless he is as a leader of our country.

“Better to be thought a fool and remain silent, than speak and remove all doubt.”

— Abraham Lincoln

 

[Lynxpoint]

When the only thing certain is uncertainty, I am not surprised at efforts around the world to disconnect from the US. The gambit being played out is whether or not Trump's claim that the US is such a large market that the world needs it, and needs to bend knee to him to have access to it. Either outcome is going to have lasting consequences (but then again, Trump, and it seems many politicos (worldwide), live in a mindset that there are no such things as consequences)

 

[wbeasley]

The tariffs should only be targeted at companies that are using lax pollution rules in China, not a blanket tariff assignment.

the aim isnt anything to do with lax environmental pollution though.

it's about trade imbalance.

or that's the reason given.

the other worry is the Showerhead Water Pressure. Which on the surface just sounds silly.
But it opens the door to a National Security Issue and could trigger use of the National Guard.
With that, Trump receives vast discretional powers within the US and and can seize control of the media and pretty much everything. A dictator takeover...

 

[diamornte]

You mean he changes his mind every hour. No, every minute. No, every second. No, every nanosecond.

He changes his mind every day or so

 

[BB1970]

“person, woman, man, camera, TV, tariff, bankrupt, recession”

 

[Manzanito]

With the AI race going to overdrive, this seems like the opportune time to artificially make oneself pay a lot more for chips.

 

[dannyyankou]

I thought Apple was working on manufacturing their custom silicon in TSMC’s Arizona plant.

 

[wbeasley]

“person, woman, man, camera, TV, tariff, bankrupt, recession”

Depression...

 

[DougiePhresh]

While I generally approve of Trump’s policies - I really cannot get behind this whole tariff nonsense. The President does not have carte blanche authority to just set tariffs at whatever number he feels like that day. Congress/SCOTUS needs to reign this in.

 

[stars_fan]

While I generally approve of Trump’s policies - I really cannot get behind this whole tariff nonsense. The President does not have carte blanche authority to just set tariffs at whatever number he feels like that day. Congress/SCOTUS needs to rein this in.

Section 301 of the Trades Act of 1974 gives POTUS the ability to do exactly what he’s doing.

 

[unchecked]

While I generally approve of Trump’s policies - I really cannot get behind this whole tariff nonsense. The President does not have carte blanche authority to just set tariffs at whatever number he feels like that day. Congress/SCOTUS needs to rein this in.

They should. But they fall in line behind the guy that got them into the positions they are today. So world is stuck until at least until the mid terms.

 

[Icehawk]

Wow. It's almost like they know what they're doing and are simply doing this to affect teh stock market for personal gain. What next? Selling cars on the front... oh.

 

[ProbablyDylan]

Section 301 of the Trades Act of 1974 gives POTUS the ability to do exactly what he’s doing.

He's actually using Section 232 of the 1962 Trade Expansion Act.

Kinda crazy how many laws Congress has passed so that they can hand the tariff responsibility to someone else isn't it?

 

[kirbyrun]

That guy’s skull is the equivalent of a glass jar full of dying fireflies.

This...is...beautiful...