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Trump Suggests Tariffs Could Be Placed on iPhones and Laptops Imported From China
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Every country must pay a tariff to export their goods to the US. Other countries charge us to do the same. It’s really not that difficult to understand.
Ok, so either you're right and Tesla/Elon Musk are idiots. Or you're wrong.
LOL.
Even the most advanced vehicle manufacturers in Japan are not fully automated. Large bulky pieces of metal, dashboard assemblies, wheels, yes. Electrical components, wiring, routing, no.
K-12 is NOT free. We are spending more money on education than any other developed nation. The biggest chunk of my property taxes go to education, so how is this free?
It takes a lot of money to build robotic production lines. Musk or Tesla has no money for that. They almost went under in January / February of this year, as Musk has just said in an interview.
Apple has the cash, and they had the time. They blew it.
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Did I ever say they were FULLY automated?
The questions here are how would robotic factories benefit US workers. You answered that question yourself. Robotic assembly lines have to be augmented by humans. However, this is not the slave labor conditions that Foxconn factories in China have for hundreds of thousands of low-paid slave-like laborers.
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I don't know. Why don't you search for it. In 1998, we had to check in all the cameras at the door. No filming was allowed. There were no smartphones then. We were accompanied by several security personnel during the tour, who were watching us like hawks. The entire factory was extremely secretive and was guarded like a military installation. It was very difficult to get a tour of that factory back then. Mercedes was guarding their robotic assembly line IP very closely. I don't live near that plant anymore, so I don't know if it's still so secretive.
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Tesla has spent more than $10 billion on R&D.
If robotic manufacturing were possible, we would have seen it from other auto manufacturers. You're not the only person to realize the potential labor savings. Apple would have done it, instead of relying on Foxconn. We would have seen documentaries from automakers.
It simply isn't possible. And won't be possible for at least another 20 years.
As conventionally believed, K-12 is "free" in the USA; I do know where my property tax goes
.Same as how College education is free in Norway, and other such viled by Nationalist GOP "socialist" countries in Europe.
If you think Tim Cook would rather use a more expensive assembly method, then you really haven't followed Tim Cook. If it really did cost less to assemble in the US, he'd do it here in a heartbeat. In fact, Apple does do a lot of work with robots, in particular the iPhone disassembly. If you think they're not doing it because a robotic assembly plant requires investment, you haven't followed Apple's business model for the past 20 years. They've repeatedly made enormous investments that have long-term payoff, starting with cornering the market on memory for the original iPod.
No, what we have happening here is a person who simply doesn't understand international trade implementing policies that are beyond his comprehension, resulting in a collapse of the soybean market and job losses in industries which rely upon steel. And now we've had a $250 billion loss in market capitalization in the world's largest and most profitable company, with likely pressure on the millions of jobs that rely on Apple. His ability to destroy wealth is just astounding.
Was it something like this? This is a German plant.
Each one of those robots (the smallest component) will cost more than what Apple (or any other company) pays a Chinese assembly line worker over a lifetime.
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What could possibly go wrong with punishing an American company for things that the Chinese government does?
This guy...
This guy...
When Apple outsourced production to China, Apple didn't have money to invest in robotic assembly lines R&D. Additionally, back then, the robotic technologies were not as advanced as they are today. Once Cook figured out how to use cheap Chinese labor, there was no incentive to build robotic factories in the US. That is until Trump came along and threatened China with tariffs. It would have made sense for Cook to start investing in robotic line R&D in 2016, once Trump won the election. Trump actually called Cook in for a meeting and told him so in no uncertain terms. Of course, Cook dismissed it as Trump's usual bluster, except that Trump pretty much followed up on every promise he has given so far, except maybe the border wall. The tariffs will happen, and Cook will be caught with his pants down. Unfortunately, this will further hurt my AAPL portfolio. What an ineffective CEO Cook is.
Yes, a brand new iPhone is still cheaper than brand new Ford Fiesta. Fiesta is cheap so the iPhone is, indeed, a bargain
It was very similar to this. Why do the Germans build these production lines and not outsource to China, and why does it make no sense for the Americans to do this?
Why shouldn't Americans perform manual labor
Because other countries can do it for cheaper, and we train Americans to not do manual labor.
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Were you under the mistaken impression that tariffs don't cause prices to rise, and therefore reducing sales?
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Junk cars aren't going to sell well if they're expensive because prices rise due to tariffs.
Junk cars only sell if they are cheap.
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So you think raising prices on them due to raising steel prices is going to help GM sell cars?
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If you're trying to compete against Chinese and Mexican workforce by being more expensive than them, you're going to have a bad time.
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Why do people think raising prices on junk cars would have helped sales?
Who is this "we"?
That model might work for Switzerland, where even the Swiss use manual labor in construction.
America's entire infrastructure needs over hauling or turnkey construction, from drinking water supply to road and rail ways. Who are these "we" going to export this labor too?
In an interview with The Wall Street Journal, U.S. President Donald Trump suggested he might implement a 10 percent tariff on iPhones and laptops imported from China.
Trump is set to meet with Chinese leader Xi Jinping later this week, and he said he is prepared to implement additional tariffs on products that are not currently subjected to tariffs should negotiations not go well.
Need any more proof that you've got an imbecile running your country?
If we punish them, will that create and or save jobs? Likely make the job lay-off worse. Punish them or we the people, your point.
I couldn't believe it when Trump said he would withhold all the subsidies. We (the US taxpayers) are still giving GM subsidies? It's absolutely unbelievable that these companies continue to milk the American taxpayers. No wonder my udder has been hurting so badly lately.
If we were to give subsidies to car companies, give them to Tesla, not GM.
AK47? The weapon of choice for every enemy combatant, African rebel, Marxist South American revolutionary and any run-of-the-mill terrorist wanting to wreak havoc on a bunch of infidels.
Their Air Defense Systems are also pretty hot right now, I believe.
And Matryoshka Dolls. Don't forget about those.
Caviar.
Oh yeah, whose rockets did NASA has flown to space for the last 15 years? It's true, though. In Russia, rockets grow from the ground like trees.
Kaspersky anti-virus.
US elections.
Name One Corporation that does not get City, State, and or Federal Subsidies. The saying, Socialism takes all the risks while Capitalism take all the rewards, true. The way we roll in the USA.
There are lots of lesser universities here that are still good. And IDK about other states, but in California, anyone who's smart enough (usually means >3.8 GPA in public high school) can get into a UC and afford it regardless of family income.
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Every small business
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Well finally SpaceX is selling rockets both to NASA and to Russia's "satellite" (haha) states.
You can’t debate by changing the focus of what you originally claimed. Your original argument claimed that because you personally did not notice any material effect on your economic situation, the tariff is then justified at a societal level that impacts other people besides yourself.