lol you seriously think Apple can just pass this on and people will be able to pay it? If the market could have beared $3K iPhones, they would have already been that before this tariff nonsense. Apple is going to have to eat some of their margin to offset tariffs or they're going to have to pass them on and lose market share. Sure, Apple is better equipped to weather this storm than many companies, but when their customers are getting laid off from work because of increased costs for the business, it's absolutely going to hurt Apple too, which is why they were such a huge loser on the market when these "reciprocal" tariffs came into view. Apple products are all luxury items and during economic downturns, people stop buying or replacing luxury items unless they break.
Seems pretty clear to me that the Republicans are going to have poor and lower middle class kids working in these jobs after they are finished trashing the public education system.
www.cbsnews.com
www.businessinsider.com
The Supreme Court’s precedent disagrees with you. It’s already been visited, and your opinions don’t matter. Let it rest.
Sure, so let’s destroy the economy to the point where we pay more in interest on our debt than our entire tax revenue every year. Sounds like a plan to me.Both of those things sound much better than destroying our economy with tariffs and shredding the constitution by ignoring federal judges and deporting those who are here legally without due process. Just today he mentioned sending "homegrown" Americans to El Salvador!
But yeah, we saved women's sports which you totally definitely cared about before Republicans threw a fit about it.
Typical. Throwing out race and color arguments as a reply to something that had nothing to do with any of that stuff. What does any of that have to do with pork spending bills and the economy?
There's no brain to begin with.
You don’t, you likely won’t have mid term elections next year.
You don't honestly believe it's only the Democrats bellied up to the pork barrels, do you? Go look into the the disaster that is the SLS moon rocket. It's basically a red state aerospace jobs program for Alabama, Florida, Louisiana and Texas. Yes, the west coast is in there too, but it is pretty much a classic example of congress overruling the guidance of experts to grab as much money for their interests/state as they can and then feigning surprise when the project is a money hole that is $14 billion over budget. It's equal opportunity on both sides.
Opinions do matter. SCOTUS can say the law is constitutional or not in the current circumstances, that does not stop anyone from passing a new law to replace that one, or even the people/states from proposing and ratifying a constitutional amendment that better defines certain powers and what can/can not be delegated to another branch. Unlikely, but it is possible.
How would anyone know if they are legal? They are just picking people up and sending them out of the country with no due process.
Trump and his Republican party don't really care about the debt. If they did, they wouldn't be pressing forward with extending and making permanent the tax cuts.
www.nbcnews.com
Well now you’re just making me laugh!
Rep. Marjorie Taylor Greene bought stocks hit hard by Trump tariffs during market meltdown
Rep. Marjorie Taylor Greene bought some high profile stocks last week as President Trump's tariffs caused traders to bail out.
Marjorie Taylor Greene bought thousands of dollars in stock right before Trump's tariff pause sent markets soaring
Rep. Marjorie Taylor Greene purchased between $21,000 and $315,000 in stocks in 19 companies, beginning the day before Trump's tariff pause.
In the hours before President Donald Trump announced a 90-day partial pause on a slew of new tariffs on foreign goods, he said on social media that it was a "great time to buy."
One of his loudest allies in Congress was already poised to benefit.
A disclosure made public on Monday said Rep. Marjorie Taylor Greene poured between $21,000 and $315,000 into the stock market on Tuesday and Wednesday, investing in 17 companies, including Apple, Elon Musk's Tesla, Nvidia, and Palantir.
Members of Congress are only required to disclose the ranges of their purchases — Greene made 21 different stock purchases, each valued between $1,000 and $15,000.
Trump's tariff pause announcement sent markets soaring on Wednesday, and anyone who purchased stocks in the final hours or days before Trump's post would have seen significant gains on paper.
So far, Greene is the only member of Congress known to have bought stocks after markets tanked following Trump's initial "Liberation Day" tariff announcements. On top of these latest trades, Greene invested up to $285,000 in 17 companies on April 3 and 4.
At least in most planets the net intelligence rate es zero, not negative 😃
Yes, but Apple uses a lot of different chips for a lot of different reasons. The chip that is in the AirPods is very different from the chips that are used in phones which are different than those used in the variety of iPads or desktops.
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'
