The greater China segment is a bit worrisome. Hope it is solely due to the late launch of iPhone 12.
That iPhone sales drop in China should have been expected by all: Not only was there popular push back to Trump's Anti-China policies (it kinda pissed them off) but Apple only had a 4G phone it was trying to sell in a 5G country. That would be like Apple trying to sell a 3G phone here in the U.S.
We will need to see what happens under a Biden administration and a modern, 5G iPhone.
Trump went much too low on his Chinese Tariffs and of course let the iPhone off the hook, but hopefully he will raise the Tariffs 2 to 3 times in his Second Administration. Biden will unfortunately lose but at least Trump's winning Trade policies will continue. (hopefully in 2024 Democrats will finally nominate a candidate who put's Americans first)
The greater China segment is a bit worrisome. Hope it is solely due to the late launch of iPhone 12.
That iPhone sales drop in China should have been expected by all: Not only was there popular push back to Trump's Anti-China policies (it kinda pissed them off) but Apple only had a 4G phone it was trying to sell in a 5G country. That would be like Apple trying to sell a 3G phone here in the U.S.
We will need to see what happens under a Biden administration and a modern, 5G iPhone.
Trump went much too low on his Chinese Tariffs and of course let the iPhone off the hook, but hopefully he will raise the Tariffs 2 to 3 times in his Second Administration. Biden will unfortunately lose but at least Trump's winning Trade policies will continue. (hopefully in 2024 Democrats will finally nominate a candidate who put's Americans first)
You’re joking. I buy a fair amount of metal, for example, one of the biggest deals in his failed tariff war. He raised tariffs by 25%, which is huge. The idea was to enable American producers to increase marketshare here, which, for years they were comp,aiming about. Well, supposedly now they could do it.
what happened? Instead, their greed had them raising prices at LEAST 25%, and sometimes more. Did they increase marketshare like they were crying about? Nope. Not one bit. They may have even lost some. You want Trump to increase those tariffs even more. Not double or triple them? That’s crazy. The only people who will be hurt by his tariff tax are us, right here in the US. Because WE, not the Chinese, pay those tariffs. And as all of Trumps lies, the US government gets none of those tariffs. Manufacturers prices go up, and consumer prices go up. It’s a vast hidden tax. And look at the farmers, a stupider bunch there never was. They’ve lost close to $100 billion in sales to China because of the tariffs. So, to save his campaign, he recently sent $49 billion in subsidies to farmers to partly offset their losses. That’s $49 billion WE’RE PAYING FOR. That’s in addition to the $15 billion he’s sent them so far.
raise tariffs more. That’s dumb. We have. To lower them.
The greater China segment is a bit worrisome. Hope it is solely due to the late launch of iPhone 12.
That iPhone sales drop in China should have been expected by all: Not only was there popular push back to Trump's Anti-China policies (it kinda pissed them off) but Apple only had a 4G phone it was trying to sell in a 5G country. That would be like Apple trying to sell a 3G phone here in the U.S.
We will need to see what happens under a Biden administration and a modern, 5G iPhone.
Trump went much too low on his Chinese Tariffs and of course let the iPhone off the hook, but hopefully he will raise the Tariffs 2 to 3 times in his Second Administration. Biden will unfortunately lose but at least Trump's winning Trade policies will continue. (hopefully in 2024 Democrats will finally nominate a candidate who put's Americans first)
You’re joking. I buy a fair amount of metal, for example, one of the biggest deals in his failed tariff war. He raised tariffs by 25%, which is huge. The idea was to enable American producers to increase marketshare here, which, for years they were comp,aiming about. Well, supposedly now they could do it.
what happened? Instead, their greed had them raising prices at LEAST 25%, and sometimes more. Did they increase marketshare like they were crying about? Nope. Not one bit. They may have even lost some. You want Trump to increase those tariffs even more. Not double or triple them? That’s crazy. The only people who will be hurt by his tariff tax are us, right here in the US. Because WE, not the Chinese, pay those tariffs. And as all of Trumps lies, the US government gets none of those tariffs. Manufacturers prices go up, and consumer prices go up. It’s a vast hidden tax. And look at the farmers, a stupider bunch there never was. They’ve lost close to $100 billion in sales to China because of the tariffs. So, to save his campaign, he recently sent $49 billion in subsidies to farmers to partly offset their losses. That’s $49 billion WE’RE PAYING FOR. That’s in addition to the $15 billion he’s sent them so far.
raise tariffs more. That’s dumb. We have. To lower them.
As i said above, Trump's goal all along was to open up China to Wallstreet. It took awhile for China to go along -- but they passed laws regulating how corporations should act and then complied. Once they did, Trump immediately jumped on the "Phase One" trade deal -- which is filled with vague, undefined and unreachable promises. But, he got what he wanted: he opened China to his Wall Street buddies (while firing up his base with cold war style rhetoric of hate and fear).
The greater China segment is a bit worrisome. Hope it is solely due to the late launch of iPhone 12.
That iPhone sales drop in China should have been expected by all: Not only was there popular push back to Trump's Anti-China policies (it kinda pissed them off) but Apple only had a 4G phone it was trying to sell in a 5G country. That would be like Apple trying to sell a 3G phone here in the U.S.
We will need to see what happens under a Biden administration and a modern, 5G iPhone.
Trump went much too low on his Chinese Tariffs and of course let the iPhone off the hook, but hopefully he will raise the Tariffs 2 to 3 times in his Second Administration. Biden will unfortunately lose but at least Trump's winning Trade policies will continue. (hopefully in 2024 Democrats will finally nominate a candidate who put's Americans first)
You’re joking. I buy a fair amount of metal, for example, one of the biggest deals in his failed tariff war. He raised tariffs by 25%, which is huge. The idea was to enable American producers to increase marketshare here, which, for years they were comp,aiming about. Well, supposedly now they could do it.
what happened? Instead, their greed had them raising prices at LEAST 25%, and sometimes more. Did they increase marketshare like they were crying about? Nope. Not one bit. They may have even lost some. You want Trump to increase those tariffs even more. Not double or triple them? That’s crazy. The only people who will be hurt by his tariff tax are us, right here in the US. Because WE, not the Chinese, pay those tariffs. And as all of Trumps lies, the US government gets none of those tariffs. Manufacturers prices go up, and consumer prices go up. It’s a vast hidden tax. And look at the farmers, a stupider bunch there never was. They’ve lost close to $100 billion in sales to China because of the tariffs. So, to save his campaign, he recently sent $49 billion in subsidies to farmers to partly offset their losses. That’s $49 billion WE’RE PAYING FOR. That’s in addition to the $15 billion he’s sent them so far.
raise tariffs more. That’s dumb. We have. To lower them.
Tariffs used as a cudgel to elicit better trade agreements or to combat Chinese market interference or protectionism is a fair price to pay, IMO. My preference is open and free markets for everything (and the President has said this himself), but when competing against an unfair opponent, using all available means is a must, not just an option. China should never have been admitted to the WTO in the first place because of their rampant unfair trade practices.
The greater China segment is a bit worrisome. Hope it is solely due to the late launch of iPhone 12.
That iPhone sales drop in China should have been expected by all: Not only was there popular push back to Trump's Anti-China policies (it kinda pissed them off) but Apple only had a 4G phone it was trying to sell in a 5G country. That would be like Apple trying to sell a 3G phone here in the U.S.
We will need to see what happens under a Biden administration and a modern, 5G iPhone.
Trump went much too low on his Chinese Tariffs and of course let the iPhone off the hook, but hopefully he will raise the Tariffs 2 to 3 times in his Second Administration. Biden will unfortunately lose but at least Trump's winning Trade policies will continue. (hopefully in 2024 Democrats will finally nominate a candidate who put's Americans first)
You’re joking. I buy a fair amount of metal, for example, one of the biggest deals in his failed tariff war. He raised tariffs by 25%, which is huge. The idea was to enable American producers to increase marketshare here, which, for years they were comp,aiming about. Well, supposedly now they could do it.
what happened? Instead, their greed had them raising prices at LEAST 25%, and sometimes more. Did they increase marketshare like they were crying about? Nope. Not one bit. They may have even lost some. You want Trump to increase those tariffs even more. Not double or triple them? That’s crazy. The only people who will be hurt by his tariff tax are us, right here in the US. Because WE, not the Chinese, pay those tariffs. And as all of Trumps lies, the US government gets none of those tariffs. Manufacturers prices go up, and consumer prices go up. It’s a vast hidden tax. And look at the farmers, a stupider bunch there never was. They’ve lost close to $100 billion in sales to China because of the tariffs. So, to save his campaign, he recently sent $49 billion in subsidies to farmers to partly offset their losses. That’s $49 billion WE’RE PAYING FOR. That’s in addition to the $15 billion he’s sent them so far.
raise tariffs more. That’s dumb. We have. To lower them.
Tariffs used as a cudgel to elicit better trade agreements or to combat Chinese market interference or protectionism is a fair price to pay, IMO. My preference is open and free markets for everything (and the President has said this himself), but when competing against an unfair opponent, using all available means is a must, not just an option. China should never have been admitted to the WTO in the first place because of their rampant unfair trade practices.
As the electronics, auto and steel industries learned 40 years ago, an out of date, inefficient industry in one country has difficulty competing against a modern, efficient industry putting out superior product in another country. We also learned that protective tariffs make good headlines but don't change the equation much if at all. Actually all they do is trigger retribution and make things generally worse.
In China the government is investing in infrastructure to support the country's industries and those industries are investing in themselves.
In the U.S. the government spends its (borrowed) money on F35's and industry does stock buybacks.
The greater China segment is a bit worrisome. Hope it is solely due to the late launch of iPhone 12.
That iPhone sales drop in China should have been expected by all: Not only was there popular push back to Trump's Anti-China policies (it kinda pissed them off) but Apple only had a 4G phone it was trying to sell in a 5G country. That would be like Apple trying to sell a 3G phone here in the U.S.
We will need to see what happens under a Biden administration and a modern, 5G iPhone.
Trump went much too low on his Chinese Tariffs and of course let the iPhone off the hook, but hopefully he will raise the Tariffs 2 to 3 times in his Second Administration. Biden will unfortunately lose but at least Trump's winning Trade policies will continue. (hopefully in 2024 Democrats will finally nominate a candidate who put's Americans first)
You’re joking. I buy a fair amount of metal, for example, one of the biggest deals in his failed tariff war. He raised tariffs by 25%, which is huge. The idea was to enable American producers to increase marketshare here, which, for years they were comp,aiming about. Well, supposedly now they could do it.
what happened? Instead, their greed had them raising prices at LEAST 25%, and sometimes more. Did they increase marketshare like they were crying about? Nope. Not one bit. They may have even lost some. You want Trump to increase those tariffs even more. Not double or triple them? That’s crazy. The only people who will be hurt by his tariff tax are us, right here in the US. Because WE, not the Chinese, pay those tariffs. And as all of Trumps lies, the US government gets none of those tariffs. Manufacturers prices go up, and consumer prices go up. It’s a vast hidden tax. And look at the farmers, a stupider bunch there never was. They’ve lost close to $100 billion in sales to China because of the tariffs. So, to save his campaign, he recently sent $49 billion in subsidies to farmers to partly offset their losses. That’s $49 billion WE’RE PAYING FOR. That’s in addition to the $15 billion he’s sent them so far.
raise tariffs more. That’s dumb. We have. To lower them.
As i said above, Trump's goal all along was to open up China to Wallstreet. It took awhile for China to go along -- but they passed laws regulating how corporations should act and then complied. Once they did, Trump immediately jumped on the "Phase One" trade deal -- which is filled with vague, undefined and unreachable promises. But, he got what he wanted: he opened China to his Wall Street buddies (while firing up his base with cold war style rhetoric of hate and fear).
The only goal Trump had, after his surprise ascendency to the White House, which even he was surprised about, when it happened, was his re-election. Everything he’s done has been to reenforce his base, which he thinks, according to him, is 55%. He’s a populist, so he does what he thinks is popular with his base. That’s right wing, and we know who most of them are. Other than that, there’s nothing he understands.
if anything he does benefits anyone, other than other highly wealthy campaign contributors, it’s just by random luck for those. I doubt he’s opened China up to Wallstreet. The Chinese are not happy with anything US based at this time.
The greater China segment is a bit worrisome. Hope it is solely due to the late launch of iPhone 12.
That iPhone sales drop in China should have been expected by all: Not only was there popular push back to Trump's Anti-China policies (it kinda pissed them off) but Apple only had a 4G phone it was trying to sell in a 5G country. That would be like Apple trying to sell a 3G phone here in the U.S.
We will need to see what happens under a Biden administration and a modern, 5G iPhone.
Trump went much too low on his Chinese Tariffs and of course let the iPhone off the hook, but hopefully he will raise the Tariffs 2 to 3 times in his Second Administration. Biden will unfortunately lose but at least Trump's winning Trade policies will continue. (hopefully in 2024 Democrats will finally nominate a candidate who put's Americans first)
You’re joking. I buy a fair amount of metal, for example, one of the biggest deals in his failed tariff war. He raised tariffs by 25%, which is huge. The idea was to enable American producers to increase marketshare here, which, for years they were comp,aiming about. Well, supposedly now they could do it.
what happened? Instead, their greed had them raising prices at LEAST 25%, and sometimes more. Did they increase marketshare like they were crying about? Nope. Not one bit. They may have even lost some. You want Trump to increase those tariffs even more. Not double or triple them? That’s crazy. The only people who will be hurt by his tariff tax are us, right here in the US. Because WE, not the Chinese, pay those tariffs. And as all of Trumps lies, the US government gets none of those tariffs. Manufacturers prices go up, and consumer prices go up. It’s a vast hidden tax. And look at the farmers, a stupider bunch there never was. They’ve lost close to $100 billion in sales to China because of the tariffs. So, to save his campaign, he recently sent $49 billion in subsidies to farmers to partly offset their losses. That’s $49 billion WE’RE PAYING FOR. That’s in addition to the $15 billion he’s sent them so far.
raise tariffs more. That’s dumb. We have. To lower them.
Tariffs used as a cudgel to elicit better trade agreements or to combat Chinese market interference or protectionism is a fair price to pay, IMO. My preference is open and free markets for everything (and the President has said this himself), but when competing against an unfair opponent, using all available means is a must, not just an option. China should never have been admitted to the WTO in the first place because of their rampant unfair trade practices.
It’s totally not a fair price to pay, because it isn’t working. Increasing tariffs never works. We learned that way back when the Brenton Woods conference was convened. Right now, the US is being hurt far more than China is, and some of that hurt may be permanent.
The greater China segment is a bit worrisome. Hope it is solely due to the late launch of iPhone 12.
That iPhone sales drop in China should have been expected by all: Not only was there popular push back to Trump's Anti-China policies (it kinda pissed them off) but Apple only had a 4G phone it was trying to sell in a 5G country. That would be like Apple trying to sell a 3G phone here in the U.S.
We will need to see what happens under a Biden administration and a modern, 5G iPhone.
Trump went much too low on his Chinese Tariffs and of course let the iPhone off the hook, but hopefully he will raise the Tariffs 2 to 3 times in his Second Administration. Biden will unfortunately lose but at least Trump's winning Trade policies will continue. (hopefully in 2024 Democrats will finally nominate a candidate who put's Americans first)
You’re joking. I buy a fair amount of metal, for example, one of the biggest deals in his failed tariff war. He raised tariffs by 25%, which is huge. The idea was to enable American producers to increase marketshare here, which, for years they were comp,aiming about. Well, supposedly now they could do it.
what happened? Instead, their greed had them raising prices at LEAST 25%, and sometimes more. Did they increase marketshare like they were crying about? Nope. Not one bit. They may have even lost some. You want Trump to increase those tariffs even more. Not double or triple them? That’s crazy. The only people who will be hurt by his tariff tax are us, right here in the US. Because WE, not the Chinese, pay those tariffs. And as all of Trumps lies, the US government gets none of those tariffs. Manufacturers prices go up, and consumer prices go up. It’s a vast hidden tax. And look at the farmers, a stupider bunch there never was. They’ve lost close to $100 billion in sales to China because of the tariffs. So, to save his campaign, he recently sent $49 billion in subsidies to farmers to partly offset their losses. That’s $49 billion WE’RE PAYING FOR. That’s in addition to the $15 billion he’s sent them so far.
raise tariffs more. That’s dumb. We have. To lower them.
As i said above, Trump's goal all along was to open up China to Wallstreet. It took awhile for China to go along -- but they passed laws regulating how corporations should act and then complied. Once they did, Trump immediately jumped on the "Phase One" trade deal -- which is filled with vague, undefined and unreachable promises. But, he got what he wanted: he opened China to his Wall Street buddies (while firing up his base with cold war style rhetoric of hate and fear).
The only goal Trump had, after his surprise ascendency to the White House, which even he was surprised about, when it happened, was his re-election. Everything he’s done has been to reenforce his base, which he thinks, according to him, is 55%. He’s a populist, so he does what he thinks is popular with his base. That’s right wing, and we know who most of them are. Other than that, there’s nothing he understands.
if anything he does benefits anyone, other than other highly wealthy campaign contributors, it’s just by random luck for those. I doubt he’s opened China up to Wallstreet. The Chinese are not happy with anything US based at this time.
I was suspicious when that mysterious Phase One deal just popped up, Then after it got no real explanation other than that China had made promises to import more American farm goods than anybody believed that they possibly could it really began to stink of a back room deal.
Plus, for 6 months prior to that deal China had been working on legislation to manage foreign companies buying into China. I forget what they called it, but it was essentially a code of ethics that they would enforce on companies to insure that they behaved properly.
Then following that, U.S. companies began to invest in mainland China. Combine that with knowing who negotiated that "deal" (Trump's Wall Street buddies) and it all suddenly added up. Since then we have learned that Trump had bank accounts in China and was seeking new investments there. So that was simply the icing on the cake.
Essentially its the only viable explanation for the Phase One deal.
The greater China segment is a bit worrisome. Hope it is solely due to the late launch of iPhone 12.
That iPhone sales drop in China should have been expected by all: Not only was there popular push back to Trump's Anti-China policies (it kinda pissed them off) but Apple only had a 4G phone it was trying to sell in a 5G country. That would be like Apple trying to sell a 3G phone here in the U.S.
We will need to see what happens under a Biden administration and a modern, 5G iPhone.
Trump went much too low on his Chinese Tariffs and of course let the iPhone off the hook, but hopefully he will raise the Tariffs 2 to 3 times in his Second Administration. Biden will unfortunately lose but at least Trump's winning Trade policies will continue. (hopefully in 2024 Democrats will finally nominate a candidate who put's Americans first)
You’re joking. I buy a fair amount of metal, for example, one of the biggest deals in his failed tariff war. He raised tariffs by 25%, which is huge. The idea was to enable American producers to increase marketshare here, which, for years they were comp,aiming about. Well, supposedly now they could do it.
what happened? Instead, their greed had them raising prices at LEAST 25%, and sometimes more. Did they increase marketshare like they were crying about? Nope. Not one bit. They may have even lost some. You want Trump to increase those tariffs even more. Not double or triple them? That’s crazy. The only people who will be hurt by his tariff tax are us, right here in the US. Because WE, not the Chinese, pay those tariffs. And as all of Trumps lies, the US government gets none of those tariffs. Manufacturers prices go up, and consumer prices go up. It’s a vast hidden tax. And look at the farmers, a stupider bunch there never was. They’ve lost close to $100 billion in sales to China because of the tariffs. So, to save his campaign, he recently sent $49 billion in subsidies to farmers to partly offset their losses. That’s $49 billion WE’RE PAYING FOR. That’s in addition to the $15 billion he’s sent them so far.
raise tariffs more. That’s dumb. We have. To lower them.
As i said above, Trump's goal all along was to open up China to Wallstreet. It took awhile for China to go along -- but they passed laws regulating how corporations should act and then complied. Once they did, Trump immediately jumped on the "Phase One" trade deal -- which is filled with vague, undefined and unreachable promises. But, he got what he wanted: he opened China to his Wall Street buddies (while firing up his base with cold war style rhetoric of hate and fear).
The only goal Trump had, after his surprise ascendency to the White House, which even he was surprised about, when it happened, was his re-election. Everything he’s done has been to reenforce his base, which he thinks, according to him, is 55%. He’s a populist, so he does what he thinks is popular with his base. That’s right wing, and we know who most of them are. Other than that, there’s nothing he understands.
if anything he does benefits anyone, other than other highly wealthy campaign contributors, it’s just by random luck for those. I doubt he’s opened China up to Wallstreet. The Chinese are not happy with anything US based at this time.
I was suspicious when that mysterious Phase One deal just popped up, Then after it got no real explanation other than that China had made promises to import more American farm goods than anybody believed that they possibly could it really began to stink of a back room deal.
Plus, for 6 months prior to that deal China had been working on legislation to manage foreign companies buying into China. I forget what they called it, but it was essentially a code of ethics that they would enforce on companies to insure that they behaved properly.
Then following that, U.S. companies began to invest in mainland China. Combine that with knowing who negotiated that "deal" (Trump's Wall Street buddies) and it all suddenly added up. Since then we have learned that Trump had bank accounts in China and was seeking new investments there. So that was simply the icing on the cake.
Essentially its the only viable explanation for the Phase One deal.
That would be giving ‘Trump too much credit for developing some long range complex plan. He has bank accounts there that are barely funded. One I’d to take care of Chinese taxes, and the other is to hold copyrights and trademarks, just like so many of this 500 companies do.
The greater China segment is a bit worrisome. Hope it is solely due to the late launch of iPhone 12.
That iPhone sales drop in China should have been expected by all: Not only was there popular push back to Trump's Anti-China policies (it kinda pissed them off) but Apple only had a 4G phone it was trying to sell in a 5G country. That would be like Apple trying to sell a 3G phone here in the U.S.
We will need to see what happens under a Biden administration and a modern, 5G iPhone.
Trump went much too low on his Chinese Tariffs and of course let the iPhone off the hook, but hopefully he will raise the Tariffs 2 to 3 times in his Second Administration. Biden will unfortunately lose but at least Trump's winning Trade policies will continue. (hopefully in 2024 Democrats will finally nominate a candidate who put's Americans first)
You’re joking. I buy a fair amount of metal, for example, one of the biggest deals in his failed tariff war. He raised tariffs by 25%, which is huge. The idea was to enable American producers to increase marketshare here, which, for years they were comp,aiming about. Well, supposedly now they could do it.
what happened? Instead, their greed had them raising prices at LEAST 25%, and sometimes more. Did they increase marketshare like they were crying about? Nope. Not one bit. They may have even lost some. You want Trump to increase those tariffs even more. Not double or triple them? That’s crazy. The only people who will be hurt by his tariff tax are us, right here in the US. Because WE, not the Chinese, pay those tariffs. And as all of Trumps lies, the US government gets none of those tariffs. Manufacturers prices go up, and consumer prices go up. It’s a vast hidden tax. And look at the farmers, a stupider bunch there never was. They’ve lost close to $100 billion in sales to China because of the tariffs. So, to save his campaign, he recently sent $49 billion in subsidies to farmers to partly offset their losses. That’s $49 billion WE’RE PAYING FOR. That’s in addition to the $15 billion he’s sent them so far.
raise tariffs more. That’s dumb. We have. To lower them.
As i said above, Trump's goal all along was to open up China to Wallstreet. It took awhile for China to go along -- but they passed laws regulating how corporations should act and then complied. Once they did, Trump immediately jumped on the "Phase One" trade deal -- which is filled with vague, undefined and unreachable promises. But, he got what he wanted: he opened China to his Wall Street buddies (while firing up his base with cold war style rhetoric of hate and fear).
The only goal Trump had, after his surprise ascendency to the White House, which even he was surprised about, when it happened, was his re-election. Everything he’s done has been to reenforce his base, which he thinks, according to him, is 55%. He’s a populist, so he does what he thinks is popular with his base. That’s right wing, and we know who most of them are. Other than that, there’s nothing he understands.
if anything he does benefits anyone, other than other highly wealthy campaign contributors, it’s just by random luck for those. I doubt he’s opened China up to Wallstreet. The Chinese are not happy with anything US based at this time.
I was suspicious when that mysterious Phase One deal just popped up, Then after it got no real explanation other than that China had made promises to import more American farm goods than anybody believed that they possibly could it really began to stink of a back room deal.
Plus, for 6 months prior to that deal China had been working on legislation to manage foreign companies buying into China. I forget what they called it, but it was essentially a code of ethics that they would enforce on companies to insure that they behaved properly.
Then following that, U.S. companies began to invest in mainland China. Combine that with knowing who negotiated that "deal" (Trump's Wall Street buddies) and it all suddenly added up. Since then we have learned that Trump had bank accounts in China and was seeking new investments there. So that was simply the icing on the cake.
Essentially its the only viable explanation for the Phase One deal.
That would be giving ‘Trump too much credit for developing some long range complex plan. He has bank accounts there that are barely funded. One I’d to take care of Chinese taxes, and the other is to hold copyrights and trademarks, just like so many of this 500 companies do.
That may or may not have had any bearing on Trump's "Phase One" trade deal where he opened China to Wall Street investments: He not only filled his cabinet with Wall Street swamp critters but he has consistently rewarded those swamp critters at the expense of the American people.
But, to address your point:
Trump always has an excuse.
But, if China is so evil then why does he want to do his own, private business with them?
The greater China segment is a bit worrisome. Hope it is solely due to the late launch of iPhone 12.
That iPhone sales drop in China should have been expected by all: Not only was there popular push back to Trump's Anti-China policies (it kinda pissed them off) but Apple only had a 4G phone it was trying to sell in a 5G country. That would be like Apple trying to sell a 3G phone here in the U.S.
We will need to see what happens under a Biden administration and a modern, 5G iPhone.
Trump went much too low on his Chinese Tariffs and of course let the iPhone off the hook, but hopefully he will raise the Tariffs 2 to 3 times in his Second Administration. Biden will unfortunately lose but at least Trump's winning Trade policies will continue. (hopefully in 2024 Democrats will finally nominate a candidate who put's Americans first)
You’re joking. I buy a fair amount of metal, for example, one of the biggest deals in his failed tariff war. He raised tariffs by 25%, which is huge. The idea was to enable American producers to increase marketshare here, which, for years they were comp,aiming about. Well, supposedly now they could do it.
what happened? Instead, their greed had them raising prices at LEAST 25%, and sometimes more. Did they increase marketshare like they were crying about? Nope. Not one bit. They may have even lost some. You want Trump to increase those tariffs even more. Not double or triple them? That’s crazy. The only people who will be hurt by his tariff tax are us, right here in the US. Because WE, not the Chinese, pay those tariffs. And as all of Trumps lies, the US government gets none of those tariffs. Manufacturers prices go up, and consumer prices go up. It’s a vast hidden tax. And look at the farmers, a stupider bunch there never was. They’ve lost close to $100 billion in sales to China because of the tariffs. So, to save his campaign, he recently sent $49 billion in subsidies to farmers to partly offset their losses. That’s $49 billion WE’RE PAYING FOR. That’s in addition to the $15 billion he’s sent them so far.
raise tariffs more. That’s dumb. We have. To lower them.
As i said above, Trump's goal all along was to open up China to Wallstreet. It took awhile for China to go along -- but they passed laws regulating how corporations should act and then complied. Once they did, Trump immediately jumped on the "Phase One" trade deal -- which is filled with vague, undefined and unreachable promises. But, he got what he wanted: he opened China to his Wall Street buddies (while firing up his base with cold war style rhetoric of hate and fear).
The only goal Trump had, after his surprise ascendency to the White House, which even he was surprised about, when it happened, was his re-election. Everything he’s done has been to reenforce his base, which he thinks, according to him, is 55%. He’s a populist, so he does what he thinks is popular with his base. That’s right wing, and we know who most of them are. Other than that, there’s nothing he understands.
if anything he does benefits anyone, other than other highly wealthy campaign contributors, it’s just by random luck for those. I doubt he’s opened China up to Wallstreet. The Chinese are not happy with anything US based at this time.
I was suspicious when that mysterious Phase One deal just popped up, Then after it got no real explanation other than that China had made promises to import more American farm goods than anybody believed that they possibly could it really began to stink of a back room deal.
Plus, for 6 months prior to that deal China had been working on legislation to manage foreign companies buying into China. I forget what they called it, but it was essentially a code of ethics that they would enforce on companies to insure that they behaved properly.
Then following that, U.S. companies began to invest in mainland China. Combine that with knowing who negotiated that "deal" (Trump's Wall Street buddies) and it all suddenly added up. Since then we have learned that Trump had bank accounts in China and was seeking new investments there. So that was simply the icing on the cake.
Essentially its the only viable explanation for the Phase One deal.
That would be giving ‘Trump too much credit for developing some long range complex plan. He has bank accounts there that are barely funded. One I’d to take care of Chinese taxes, and the other is to hold copyrights and trademarks, just like so many of this 500 companies do.
That may or may not have had any bearing on Trump's "Phase One" trade deal where he opened China to Wall Street investments: He not only filled his cabinet with Wall Street swamp critters but he has consistently rewarded those swamp critters at the expense of the American people.
But, to address your point:
Trump always has an excuse.
But, if China is so evil then why does he want to do his own, private business with them?
Because Trump is a populist. He does, publicly, whatever he thinks will make his followers happy. But he’s also corrupt, so privately, he does what makes him happy. He’s also incompetent, so most of what he does, backfires. It’s interesting to know that while Wall Street executives supported him in 2015, and contributed heavily to his campaign, this year, it reversed. Wall Street hasn’t backed him. They’ve backed Biden, and contributed heavily to HIS campaign. When I read interviews with some of these people, I was surprised. When I’ve spoken to my own contacts in Wall Street, I was told that they’re fed up with him.
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what happened? Instead, their greed had them raising prices at LEAST 25%, and sometimes more. Did they increase marketshare like they were crying about? Nope. Not one bit. They may have even lost some. You want Trump to increase those tariffs even more. Not double or triple them? That’s crazy. The only people who will be hurt by his tariff tax are us, right here in the US. Because WE, not the Chinese, pay those tariffs. And as all of Trumps lies, the US government gets none of those tariffs. Manufacturers prices go up, and consumer prices go up. It’s a vast hidden tax. And look at the farmers, a stupider bunch there never was. They’ve lost close to $100 billion in sales to China because of the tariffs. So, to save his campaign, he recently sent $49 billion in subsidies to farmers to partly offset their losses. That’s $49 billion WE’RE PAYING FOR. That’s in addition to the $15 billion he’s sent them so far.
raise tariffs more. That’s dumb. We have. To lower them.
As i said above, Trump's goal all along was to open up China to Wallstreet. It took awhile for China to go along -- but they passed laws regulating how corporations should act and then complied. Once they did, Trump immediately jumped on the "Phase One" trade deal -- which is filled with vague, undefined and unreachable promises. But, he got what he wanted: he opened China to his Wall Street buddies (while firing up his base with cold war style rhetoric of hate and fear).
if anything he does benefits anyone, other than other highly wealthy campaign contributors, it’s just by random luck for those. I doubt he’s opened China up to Wallstreet. The Chinese are not happy with anything US based at this time.
It’s totally not a fair price to pay, because it isn’t working. Increasing tariffs never works. We learned that way back when the Brenton Woods conference was convened. Right now, the US is being hurt far more than China is, and some of that hurt may be permanent.