it does not. Apple's gains were pre-market open. Trump's announcement was at 12:44 eastern time.
AAPL is down from pre-market gains.
Look again
I'm not sure why people are using share price to prove a point when it is just mass gut reaction - are things better today (share price up) or worse (share price down. Share price really doesn't predict the future only peoples fears or hopes.
0 percent for US companies into Vietnam is incredible
The fact Vietnam is wiling to agree to this show the ominous power of America
It shows that the demand for US imports is so negligible that it doesn't matter.
No, these countries all had trade barriers on US goods
Did you know that Australia does not allow US beef because they say it’s poisonous due to poor US ranchers techniques ? Are you dead from eating UA beef? I am not.
Europe did same to American chickens .
That is why US export numbers so low and what Trump trying to fix
it does not. Apple's gains were pre-market open. Trump's announcement was at 12:44 eastern time.
AAPL is down from pre-market gains.
Look again
At 10AM, two hours pre-announcement, the stock was at $212.98. As of 3:24 PM, three hours after announcement, it is at 212.35. The 10AM spike was because Jefferies upgraded Apple to Hold from Underperform. It has nothing to do with this announcement which further screws Apple.
At best, from the Jefferies upgrade to now, that is no gain. There was no spike at noon, nor is there one now.
I get it, you're Trump-devout. But, take the L on this one, because the facts are clear on the stock price not moving because of the annoucement, and how much Apple will have to pay in tariffs.
it does not. Apple's gains were pre-market open. Trump's announcement was at 12:44 eastern time.
AAPL is down from pre-market gains.
Look again
I'm not sure why people are using share price to prove a point when it is just mass gut reaction - are things better today (share price up) or worse (share price down. Share price really doesn't predict the future only peoples fears or hopes.
Wrong
wall street are about numbers . They already have about 100 scenarios gamed out before these numbers are out as well as projections into next 8 quarters for each scenario
the fact it’s up tell you that they feel general framework is favorable than the worse case scenario they feared
So Americans pay 20% to 40% more on all goods from Vietnam and people in Vietnam pay nothing. Good deal bro.
Too much CNN bro…
if a Pizza place suddenly wants to sell you a pizza for $12 , raising it from $9, are you forced to buy that pizza for $12 or you look for another place that sells it for $9 still?
Well, Vietnam IS the $9 place Apple went to, after Tr*mp demanded a cut on everything bought from the old place that made it too expensive.
I suppose Apple can just find ANOTHER place, until the mafia steps in and demands a massive tax on that too, and then the next, and the next.
This is going to cost American consumers billions, and the only reprieve is sucking off the golden muppet in hopes that he’ll pass an exemption.
I assume this only applies to those devices in the list sold in the US not those bought in the rest of the world. Given that the US is about 40% of Apple revenue (mostly iPhones and Mac’s), the impact of this on Apple will be meaningful but surely not very significant? The impact on US consumers will be precisely what they voted for?
There has been discussion that Apple will dilute the impact to the US consumer by raising prices worldwide. So, I guess the answer to your question is "it remains to be seen."
That would be a huge win for Trump. it means worldwide iPhone buyers will be contributing to the tariffs, which go to reducing our debt. I wonder if other companies will do this.
it doesn't mean that is the number that will pass onto consumers
Amazon and Costco doesn’t have to buy from Vietnam at those tariffs , they can negotiate down the rate or tell them to absorb it or no more deal.
Hahahahahahahahaha 😂
Just how naïve are you? “Then just negotiate better deals!” Hahahaha! That’s rich.
Like making the best deals possible isn’t the whole basis of their financial structure, making them the most successful megacorps on Earth.
Nah, take it from the guy who bankrupted several casinos. Of course Vietnam will be paying your American import taxes.
Suuuuuuure.
Meanwhile, the “$800” Moog Messenger Synthesizer unveiled last year is now a $900 synthesizer — while it costs the equivalent of $800 in the rest of the world.
0 percent for US companies into Vietnam is incredible
The fact Vietnam is wiling to agree to this show the ominous power of America
It shows that the demand for US imports is so negligible that it doesn't matter.
No, these countries all had trade barriers on US goods
Did you know that Australia does not allow US beef because they say it’s poisonous due to poor US ranchers techniques ? Are you dead from eating UA beef? I am not.
Europe did same to American chickens .
Population health as it relates to the food industry is an argument you really, really don’t want to be making.
Throughout this whole trade war debacle, it's pretty clear old Donnie boy knows nothing about economics, something he majored in college!
Maybe Wharton should look into revoking his degree, because clearly he didn't learn a damn thing!
This is an amazing deal from America. Please look again
How is Vietnam paying nothing for US goods and Americans paying more for goods from Vietnam a win? Americans are the losers here. We're paying more. How is that a deal?
Besides the headline rate numbers, The fact Vietnam was willing to open up their entire market with no trade barriers is a huge deal for US farmers . This is an amazing deal. You are
Right, different countries have different situations, but if this is framework . HOLY 💩🇺🇸🇺🇸🇺🇸🇺🇸
Farmers export $120 billion worth of goods from the US. Vietnam imports a total of $3 billion ish in agriculture, and only a percent of that from the US. They promised to increase imports from the US in February, but it won't be the full $3 billion. This is a blip considering the rest of the world is reducing their reliance on US goods thanks to the Trump tariff policy.
I see no victories in this trade policy or so-called "deal."
it doesn't mean that is the number that will pass onto consumers
Amazon and Costco doesn’t have to buy from Vietnam at those tariffs , they can negotiate down the rate or tell them to absorb it or no more deal.
Hahahahahahahahaha 😂
Just how naïve are you? “Then just negotiate better deals!” Hahahaha! That’s rich.
Like making the best deals possible isn’t the whole basis of their financial structure, making them the most successful megacorps on Earth.
Nah, take it from the guy who bankrupted several casinos. Of course Vietnam will be paying your American import taxes.
Suuuuuuure.
Meanwhile, the “$800” Moog Messenger Synthesizer unveiled last year is now a $900 synthesizer — while it costs the equivalent of $800 in the rest of the world.
Funny how that works.
Don’t take my word for it. How about the usually very critical Barons magazine?
0 percent for US companies into Vietnam is incredible
The fact Vietnam is wiling to agree to this show the ominous power of America
It shows that the demand for US imports is so negligible that it doesn't matter.
No, these countries all had trade barriers on US goods
Did you know that Australia does not allow US beef because they say it’s poisonous due to poor US ranchers techniques ? Are you dead from eating UA beef? I am not.
Europe did same to American chickens .
That is why US export numbers so low and what Trump trying to fix
Throughout this whole trade war debacle, it's pretty clear old Donnie boy knows nothing about economics, something he majored in college!
Maybe Wharton should look into revoking his degree, because clearly he didn't learn a damn thing!
This is an amazing deal from America. Please look again
How is Vietnam paying nothing for US goods and Americans paying more for goods from Vietnam a win? Americans are the losers here. We're paying more. How is that a deal?
Besides the headline rate numbers, The fact Vietnam was willing to open up their entire market with no trade barriers is a huge deal for US farmers . This is an amazing deal. You are
Right, different countries have different situations, but if this is framework . HOLY 💩🇺🇸🇺🇸🇺🇸🇺🇸
Farmers export $120 billion worth of goods from the US. Vietnam imports a total of $3 billion ish in agriculture, and only a percent of that from the US. They promised to increase imports from the US in February, but it won't be the full $3 billion. This is a blip considering the rest of the world is reducing their reliance on US goods thanks to the Trump tariff policy.
I see no victories in this trade policy or so-called "deal."
Let me try to explain, you have it backwards
The 0 percent is a tariff that would be paid by Vietnam/US companies selling into Vietnam , so with 0 tariff,
Say if us farmer wants to sell $100 of beef to Vietnam, it will be $100, but if there was a 20 percent tariff, that same beef will be $120 with tariff cost split between the two parties or paid by US farmers . So if domestic beef is $100, people in Vietnam will have to pay $120 for US beef. Why would they buy US beef? That is assuming no trade barriers banning us beef like there was before this deal . Now U farmers have a more even playing field
as for other way , they need the US consumer market so U companies can most likely make Vietnam companies who wants to sell into the USA pay most of the tariff in order to access US markets
Throughout this whole trade war debacle, it's pretty clear old Donnie boy knows nothing about economics, something he majored in college!
Maybe Wharton should look into revoking his degree, because clearly he didn't learn a damn thing!
This is an amazing deal from America. Please look again
How is Vietnam paying nothing for US goods and Americans paying more for goods from Vietnam a win? Americans are the losers here. We're paying more. How is that a deal?
Besides the headline rate numbers, The fact Vietnam was willing to open up their entire market with no trade barriers is a huge deal for US farmers . This is an amazing deal. You are
Right, different countries have different situations, but if this is framework . HOLY 💩🇺🇸🇺🇸🇺🇸🇺🇸
Farmers export $120 billion worth of goods from the US. Vietnam imports a total of $3 billion ish in agriculture, and only a percent of that from the US. They promised to increase imports from the US in February, but it won't be the full $3 billion. This is a blip considering the rest of the world is reducing their reliance on US goods thanks to the Trump tariff policy.
I see no victories in this trade policy or so-called "deal."
Let me try to explain, you have it backwards
The 0 percent is a tariff that would be paid by Vietnam/US companies selling into Vietnam , so with 0 tariff,
Say if us farmer wants to sell $100 of beef to Vietnam, it will be $100, but if there was a 20 percent tariff, that same beef will be $120 with tariff cost split between the two parties or paid by US farmers . So if domestic beef is $100, people in Vietnam will have to pay $120 for US beef. Why would they buy US beef? That is assuming no trade barriers banning us beef like there was before this deal . Now U farmers have a more even playing field
as for other way , they need the US consumer market so U companies can most likely make Vietnam companies who wants to sell into the USA pay most of the tariff in order to access US markets
You just contradicted yourself in your own argument lmao
Can the Vietnamese population afford an imported American SUV? Farm products seem more likely if they can't get from a more regional partner already.
The main export is likely from Boeing due to a deal made in 2023 when Biden did a visit to Vietnam. As for farm products Americans are literally exporting peanuts.
Let us keep our fingers crossed for our heroes in Cupertino. Using the margin of Apple as fodder for the Big Beautiful Bill makes it somewhat less beautiful.
Comments
I'm not sure why people are using share price to prove a point when it is just mass gut reaction - are things better today (share price up) or worse (share price down. Share price really doesn't predict the future only peoples fears or hopes.
Did you know that Australia does not allow US beef because they say it’s poisonous due to poor US ranchers techniques ? Are you dead from eating UA beef? I am not.
Europe did same to American chickens .
That is why US export numbers so low and what Trump trying to fix
wall street are about numbers . They already have about 100 scenarios gamed out before these numbers are out as well as projections into next 8 quarters for each scenario
the fact it’s up tell you that they feel general framework is favorable than the worse case scenario they feared
Just because Vietnam has 20 percent tariffs
it doesn't mean that is the number that will pass onto consumers
Amazon and Costco doesn’t have to buy from Vietnam at those tariffs , they can negotiate down the rate or tell them to absorb it or no more deal.
in the case of Apple , Apple will now goto work on Vietnam and suppliers to lower their costs and minimize consumer impact.
yes it will be tougher for Apple then retailers like Costco but they now have a baseline clarity from which to negotiate
Just how naïve are you? “Then just negotiate better deals!” Hahahaha! That’s rich.
Farmers export $120 billion worth of goods from the US. Vietnam imports a total of $3 billion ish in agriculture, and only a percent of that from the US. They promised to increase imports from the US in February, but it won't be the full $3 billion. This is a blip considering the rest of the world is reducing their reliance on US goods thanks to the Trump tariff policy.
Is Vietnam actually paying the tariffs or is it the American consume or importers? The latter are more typical.
The 0 percent is a tariff that would be paid by Vietnam/US companies selling into Vietnam , so with 0 tariff,
Say if us farmer wants to sell $100 of beef to Vietnam, it will be $100, but if there was a 20 percent tariff, that same beef will be $120 with tariff cost split between the two parties or paid by US farmers . So if domestic beef is $100, people in Vietnam will have to pay $120 for US beef. Why would they buy US beef? That is assuming no trade barriers banning us beef like there was before this deal . Now U farmers have a more even playing field
as for other way , they need the US consumer market so
U companies can most likely make Vietnam companies who wants to sell into the USA pay most of the tariff in order to access US markets
I've found the reason:
https://www.nbcnews.com/news/amp/rcna208169
Of course, somebody is building a 1.5 billion dollar golf course…in Vietnam.
Let us keep our fingers crossed for our heroes in Cupertino. Using the margin of Apple as fodder for the Big Beautiful Bill makes it somewhat less beautiful.