Apple says Trump tariffs would 'tilt the playing field' in favor of competitors

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Comments

  • Reply 41 of 63
    As an unintended consequence, Trump found a way of taxing one of the big tax avoiders. I guess the stock value should take a hit, but probably good for the US taxpayers.
    Last I checked Apple was the highest tax payer in the country. I'm sure that's more than your entire family combined. "Greedy" Apple.
    Apple is not unique in this setup, but its no excuse to not pay its tax (that most small/medium businesses do). It’s been using Ireland as a tax haven and refused to bring the cash back the US (as it does not want to pay tax). Believe what you want, but this is not exactly news. https://www.google.se/amp/s/www.irishtimes.com/business/apple-s-cash-mountain-how-it-avoids-tax-and-the-irish-link-1.3281734%3fmode=amp
    muthuk_vanalingam
  • Reply 42 of 63
    AppleZuluAppleZulu Posts: 1,989member
    k2kw said:
    AppleZulu said:
    normm said:
    georgie01 said:
    Meaningful change requires sacrifice....

    What Trump is trying to fix is a good thing. He understands that making sacrifices, sometimes significant sacrifices, to accomplish good things is the most effective path. But we as a culture are too selfish to tolerate it.

    Look at Jobs. He was a perfect example of sacrifice and hacking things off aggressively in order to push forward. And he was ridiculed for it, because we as a society hate change and loss.

    Just sit tight. Trump is an effective businessman whether you like him or not. He may sometimes fail, but chances are he won’t. And if he doesn’t, then we’ll be in a better position as a country. Despite what the media and left likes to deceive the nation about Trump, he’s accomplished some extremely good things that other presidents have been too weak to do.

    Trump doesn't believe that a tariff is a tax on us.  He hires the only economists in the world who agree with him that balance of payments with China is an issue, and who think that making China's economy weaker will improve this.  There is a real issue related to IP, but this isn't going to do anything about that.  Trump has thrown out the whole world structure of sensible low tariffs to act on his own uninformed whims.  This is an f-ing disaster!  

    I agree that Trump is not weak.  But the only thing he's been effective at is fooling people and destroying things.

    Trump plowed into office and ditched a Pacific Rim trade deal that would have created incredible leverage over China by making them “odd man out.” Instead, he thinks he can put the squeeze on them by unilaterally imposing a massive tax on the American people. He’s either too dumb or too dishonest to acknowledge that the other country doesn’t pay the tariffs. Trump was an “effective businessman” only insofar as he was able to make a lot of other people pay through the nose for his dishonesty and incompetence. 
    The tax is paid only by those who buy Apple Products. It’s hardly a massive tax on the American people until Apple moves production to a new country or China agrees to a new Trade deal.
    The tariffs aren't just on Apple products. Pay attention.
  • Reply 43 of 63
    k2kwk2kw Posts: 2,075member
    AppleZulu said:
    k2kw said:
    AppleZulu said:
    normm said:
    georgie01 said:
    Meaningful change requires sacrifice....

    What Trump is trying to fix is a good thing. He understands that making sacrifices, sometimes significant sacrifices, to accomplish good things is the most effective path. But we as a culture are too selfish to tolerate it.

    Look at Jobs. He was a perfect example of sacrifice and hacking things off aggressively in order to push forward. And he was ridiculed for it, because we as a society hate change and loss.

    Just sit tight. Trump is an effective businessman whether you like him or not. He may sometimes fail, but chances are he won’t. And if he doesn’t, then we’ll be in a better position as a country. Despite what the media and left likes to deceive the nation about Trump, he’s accomplished some extremely good things that other presidents have been too weak to do.

    Trump doesn't believe that a tariff is a tax on us.  He hires the only economists in the world who agree with him that balance of payments with China is an issue, and who think that making China's economy weaker will improve this.  There is a real issue related to IP, but this isn't going to do anything about that.  Trump has thrown out the whole world structure of sensible low tariffs to act on his own uninformed whims.  This is an f-ing disaster!  

    I agree that Trump is not weak.  But the only thing he's been effective at is fooling people and destroying things.

    Trump plowed into office and ditched a Pacific Rim trade deal that would have created incredible leverage over China by making them “odd man out.” Instead, he thinks he can put the squeeze on them by unilaterally imposing a massive tax on the American people. He’s either too dumb or too dishonest to acknowledge that the other country doesn’t pay the tariffs. Trump was an “effective businessman” only insofar as he was able to make a lot of other people pay through the nose for his dishonesty and incompetence. 
    The tax is paid only by those who buy Apple Products. It’s hardly a massive tax on the American people until Apple moves production to a new country or China agrees to a new Trade deal.
    The tariffs aren't just on Apple products. Pay attention.
    I know that but this is AppleInsider not OtherCompanyInsider.com
    GeorgeBMac
  • Reply 44 of 63
    k2kwk2kw Posts: 2,075member
    k2kw said:
    AppleZulu said:
    normm said:
    georgie01 said:
    Meaningful change requires sacrifice....

    What Trump is trying to fix is a good thing. He understands that making sacrifices, sometimes significant sacrifices, to accomplish good things is the most effective path. But we as a culture are too selfish to tolerate it.

    Look at Jobs. He was a perfect example of sacrifice and hacking things off aggressively in order to push forward. And he was ridiculed for it, because we as a society hate change and loss.

    Just sit tight. Trump is an effective businessman whether you like him or not. He may sometimes fail, but chances are he won’t. And if he doesn’t, then we’ll be in a better position as a country. Despite what the media and left likes to deceive the nation about Trump, he’s accomplished some extremely good things that other presidents have been too weak to do.

    Trump doesn't believe that a tariff is a tax on us.  He hires the only economists in the world who agree with him that balance of payments with China is an issue, and who think that making China's economy weaker will improve this.  There is a real issue related to IP, but this isn't going to do anything about that.  Trump has thrown out the whole world structure of sensible low tariffs to act on his own uninformed whims.  This is an f-ing disaster!  

    I agree that Trump is not weak.  But the only thing he's been effective at is fooling people and destroying things.

    Trump plowed into office and ditched a Pacific Rim trade deal that would have created incredible leverage over China by making them “odd man out.” Instead, he thinks he can put the squeeze on them by unilaterally imposing a massive tax on the American people. He’s either too dumb or too dishonest to acknowledge that the other country doesn’t pay the tariffs. Trump was an “effective businessman” only insofar as he was able to make a lot of other people pay through the nose for his dishonesty and incompetence. 
    The tax is paid only by those who buy Apple Products. It’s hardly a massive tax on the American people until Apple moves production to a new country or China agrees to a new Trade deal.
    WalMart has the same complaint for the same reasons. That certainly counts a massive tax on the American people.
    Maybe Walmart should buy America made Products.
  • Reply 45 of 63
    k2kwk2kw Posts: 2,075member
    tzeshan said:
    And Lenovo.
    Isn’t Lenovo Chinese.
    SpamSandwich
  • Reply 46 of 63
    k2kwk2kw Posts: 2,075member
    k2kw said:
    AppleZulu said:
    normm said:
    georgie01 said:
    Meaningful change requires sacrifice....

    What Trump is trying to fix is a good thing. He understands that making sacrifices, sometimes significant sacrifices, to accomplish good things is the most effective path. But we as a culture are too selfish to tolerate it.

    Look at Jobs. He was a perfect example of sacrifice and hacking things off aggressively in order to push forward. And he was ridiculed for it, because we as a society hate change and loss.

    Just sit tight. Trump is an effective businessman whether you like him or not. He may sometimes fail, but chances are he won’t. And if he doesn’t, then we’ll be in a better position as a country. Despite what the media and left likes to deceive the nation about Trump, he’s accomplished some extremely good things that other presidents have been too weak to do.

    Trump doesn't believe that a tariff is a tax on us.  He hires the only economists in the world who agree with him that balance of payments with China is an issue, and who think that making China's economy weaker will improve this.  There is a real issue related to IP, but this isn't going to do anything about that.  Trump has thrown out the whole world structure of sensible low tariffs to act on his own uninformed whims.  This is an f-ing disaster!  

    I agree that Trump is not weak.  But the only thing he's been effective at is fooling people and destroying things.

    Trump plowed into office and ditched a Pacific Rim trade deal that would have created incredible leverage over China by making them “odd man out.” Instead, he thinks he can put the squeeze on them by unilaterally imposing a massive tax on the American people. He’s either too dumb or too dishonest to acknowledge that the other country doesn’t pay the tariffs. Trump was an “effective businessman” only insofar as he was able to make a lot of other people pay through the nose for his dishonesty and incompetence. 
    The tax is paid only by those who buy Apple Products. It’s hardly a massive tax on the American people until Apple moves production to a new country or China agrees to a new Trade deal.
    WalMart has the same complaint for the same reasons. That certainly counts a massive tax on the American people.
    Will the new MacPro continue to be made in Texas?   Or was Apple planning to move production to China?   Are all other Apple products made in China now?
  • Reply 47 of 63
    GeorgeBMacGeorgeBMac Posts: 11,421member
    k2kw said:
    k2kw said:
    AppleZulu said:
    normm said:
    georgie01 said:
    Meaningful change requires sacrifice....

    What Trump is trying to fix is a good thing. He understands that making sacrifices, sometimes significant sacrifices, to accomplish good things is the most effective path. But we as a culture are too selfish to tolerate it.

    Look at Jobs. He was a perfect example of sacrifice and hacking things off aggressively in order to push forward. And he was ridiculed for it, because we as a society hate change and loss.

    Just sit tight. Trump is an effective businessman whether you like him or not. He may sometimes fail, but chances are he won’t. And if he doesn’t, then we’ll be in a better position as a country. Despite what the media and left likes to deceive the nation about Trump, he’s accomplished some extremely good things that other presidents have been too weak to do.

    Trump doesn't believe that a tariff is a tax on us.  He hires the only economists in the world who agree with him that balance of payments with China is an issue, and who think that making China's economy weaker will improve this.  There is a real issue related to IP, but this isn't going to do anything about that.  Trump has thrown out the whole world structure of sensible low tariffs to act on his own uninformed whims.  This is an f-ing disaster!  

    I agree that Trump is not weak.  But the only thing he's been effective at is fooling people and destroying things.

    Trump plowed into office and ditched a Pacific Rim trade deal that would have created incredible leverage over China by making them “odd man out.” Instead, he thinks he can put the squeeze on them by unilaterally imposing a massive tax on the American people. He’s either too dumb or too dishonest to acknowledge that the other country doesn’t pay the tariffs. Trump was an “effective businessman” only insofar as he was able to make a lot of other people pay through the nose for his dishonesty and incompetence. 
    The tax is paid only by those who buy Apple Products. It’s hardly a massive tax on the American people until Apple moves production to a new country or China agrees to a new Trade deal.
    WalMart has the same complaint for the same reasons. That certainly counts a massive tax on the American people.
    Maybe Walmart should buy America made Products.
    So we get to pay even more TrumpTax?   Besides, we tried that approach decades ago.   it failed.
  • Reply 48 of 63
    LordeHawk said:
    As an unintended consequence, Trump found a way of taxing one of the big tax avoiders. I guess the stock value should take a hit, but probably good for the US taxpayers.
    It is the legal responsibility of an American Corporation to increase profitability.  Apple has broken no US law by avoiding taxes when permitted.

    Thanks for your first post Apple bash.  Troll..!
    It’s not a “legal responsibility”, but a “community responsibility”. Paying taxes should not be an option (as it is for big corporations). However, you will have backlashes. One being Trump in the White House. Tim Cook claimed Apple did not use tax avoidance schemes - only to be proved wrong. Just Google it. Nobody likes a hypocrite.
    avon b7
  • Reply 49 of 63
    Trolls don’t use their real name @LordeHawk ;
  • Reply 50 of 63
    crowleycrowley Posts: 10,453member
    ChristianPaulsen said:

    Tim Cook claimed Apple did not use tax avoidance schemes - only to be proved wrong. Just Google it.
    Tim Cook said that before Congress.  If he'd lied that would be a big deal.

    He claimed Apple does not use tax avoidance schemes to avoid US obligations.  Which appears to be true; they use schemes to avoid obligations in other countries.
  • Reply 51 of 63
    GeorgeBMacGeorgeBMac Posts: 11,421member
    Supposedly Trump is justifying much of his trade war on China over China's supposed infringement of American IP.   But now we see that that is a two way street as Huawei is going after American companies for using it's IP.

    So, another claim by right wing media and parroted by Trump and his loyalists ("China got to where it is by copying and stealing American technology") is being debunked.

    Huawei may demand more royalties from US firms that rely on its patented tech








    avon b7
  • Reply 52 of 63
    Mike WuertheleMike Wuerthele Posts: 6,858administrator
    k2kw said:
    k2kw said:
    AppleZulu said:
    normm said:
    georgie01 said:
    Meaningful change requires sacrifice....

    What Trump is trying to fix is a good thing. He understands that making sacrifices, sometimes significant sacrifices, to accomplish good things is the most effective path. But we as a culture are too selfish to tolerate it.

    Look at Jobs. He was a perfect example of sacrifice and hacking things off aggressively in order to push forward. And he was ridiculed for it, because we as a society hate change and loss.

    Just sit tight. Trump is an effective businessman whether you like him or not. He may sometimes fail, but chances are he won’t. And if he doesn’t, then we’ll be in a better position as a country. Despite what the media and left likes to deceive the nation about Trump, he’s accomplished some extremely good things that other presidents have been too weak to do.

    Trump doesn't believe that a tariff is a tax on us.  He hires the only economists in the world who agree with him that balance of payments with China is an issue, and who think that making China's economy weaker will improve this.  There is a real issue related to IP, but this isn't going to do anything about that.  Trump has thrown out the whole world structure of sensible low tariffs to act on his own uninformed whims.  This is an f-ing disaster!  

    I agree that Trump is not weak.  But the only thing he's been effective at is fooling people and destroying things.

    Trump plowed into office and ditched a Pacific Rim trade deal that would have created incredible leverage over China by making them “odd man out.” Instead, he thinks he can put the squeeze on them by unilaterally imposing a massive tax on the American people. He’s either too dumb or too dishonest to acknowledge that the other country doesn’t pay the tariffs. Trump was an “effective businessman” only insofar as he was able to make a lot of other people pay through the nose for his dishonesty and incompetence. 
    The tax is paid only by those who buy Apple Products. It’s hardly a massive tax on the American people until Apple moves production to a new country or China agrees to a new Trade deal.
    WalMart has the same complaint for the same reasons. That certainly counts a massive tax on the American people.
    Will the new MacPro continue to be made in Texas?   Or was Apple planning to move production to China?   Are all other Apple products made in China now?
    We don't know for sure yet, but it doesn't look like it right now.
  • Reply 53 of 63
    AppleZuluAppleZulu Posts: 1,989member
    k2kw said:
    AppleZulu said:
    k2kw said:
    AppleZulu said:
    normm said:
    georgie01 said:
    Meaningful change requires sacrifice....

    What Trump is trying to fix is a good thing. He understands that making sacrifices, sometimes significant sacrifices, to accomplish good things is the most effective path. But we as a culture are too selfish to tolerate it.

    Look at Jobs. He was a perfect example of sacrifice and hacking things off aggressively in order to push forward. And he was ridiculed for it, because we as a society hate change and loss.

    Just sit tight. Trump is an effective businessman whether you like him or not. He may sometimes fail, but chances are he won’t. And if he doesn’t, then we’ll be in a better position as a country. Despite what the media and left likes to deceive the nation about Trump, he’s accomplished some extremely good things that other presidents have been too weak to do.

    Trump doesn't believe that a tariff is a tax on us.  He hires the only economists in the world who agree with him that balance of payments with China is an issue, and who think that making China's economy weaker will improve this.  There is a real issue related to IP, but this isn't going to do anything about that.  Trump has thrown out the whole world structure of sensible low tariffs to act on his own uninformed whims.  This is an f-ing disaster!  

    I agree that Trump is not weak.  But the only thing he's been effective at is fooling people and destroying things.

    Trump plowed into office and ditched a Pacific Rim trade deal that would have created incredible leverage over China by making them “odd man out.” Instead, he thinks he can put the squeeze on them by unilaterally imposing a massive tax on the American people. He’s either too dumb or too dishonest to acknowledge that the other country doesn’t pay the tariffs. Trump was an “effective businessman” only insofar as he was able to make a lot of other people pay through the nose for his dishonesty and incompetence. 
    The tax is paid only by those who buy Apple Products. It’s hardly a massive tax on the American people until Apple moves production to a new country or China agrees to a new Trade deal.
    The tariffs aren't just on Apple products. Pay attention.
    I know that but this is AppleInsider not OtherCompanyInsider.com
    You’re dancing around with semantics to try to decontextualize the issue. Trump ditched a trade deal that would have provided significant leverage for the US in future dealings with China. The entire Pacific Rim was prepared to align with the US. Instead, we’re going it alone, and announcing tariffs on Twitter. Americans will pay for those tariffs. To any extent that slows business for China, it will cost Americans more.

    Paying a tariff to import a product that has no American-made competitor just raises the price of the product. It doesn’t “level the playing field” for the nonexistent American factory. Americans can either pay the higher price for the taxed Chinese products, or choose to buy fewer of them. Manufacturing doesn’t instantly relocate in response to tweets. Nobody is going to expend capital to build a new factory in Peoria based on a presidential tweet storm. 

    Conversely, corn and soybeans can be grown all over the world. So China can retaliate by growing their own or buying it from another country. Consequently, Americans are now paying taxes to subsidize farmers for unsold American agricultural products, and in a growing season the business is relocated somewhere else in the world. 

    Apple’s problems fit within this context. Under the TPP, they could have developed and diversified supply chains beyond China within a predictable framework.  That potential could have forced China to ‘play fair’ with currency exchanges, working conditions and environmental considerations. The toolbox for ‘leveling the playing field’ would have been multifaceted and sustainable for the long term. Instead, we have Twitter, tariffs, immediate economic instability, and higher taxes for Americans. 
    avon b7GeorgeBMacmuthuk_vanalingam
  • Reply 54 of 63
    maestro64maestro64 Posts: 5,043member
    As an unintended consequence, Trump found a way of taxing one of the big tax avoiders. I guess the stock value should take a hit, but probably good for the US taxpayers.
    You do realize that Apple is not paying this, it get passed to the consumer, no company in the US is going to absorb 25% cost increase. Also as some already pointed out, you need to direct your tax dodging comment to other companies since Apple does pay a large portion of taxes to lots of taxing entities, they are on the higher end of paying taxes not the lower end. By the way do you pay all your taxes even the Use Tax you owe to your state for all the online purchases you make. 

    Many companies are only getting tariffed on the position of the product they make and sell like automotive, limited number of component going into a car come from China, The balance is made in the US, therefore not subject to the tariff. Apple is getting hit on 100% of the cost of the phone since it is all made in the China. However, consumers will not see $250 increase on the $1000 phone like some idiots have attempt to convince people. The 25% is only on the hardware COGS not on the SGA and OH and Margins and various other things tacked on top of the hardware costs. I suspect consumers will see a $50 increase on the $1000 phone. And this assume Apple was able to mitigate some portion of the tariff with its suppliers.
    GeorgeBMac
  • Reply 55 of 63
    maestro64maestro64 Posts: 5,043member
    As an unintended consequence, Trump found a way of taxing one of the big tax avoiders. I guess the stock value should take a hit, but probably good for the US taxpayers.
    Last I checked Apple was the highest tax payer in the country. I'm sure that's more than your entire family combined. "Greedy" Apple.
    Apple is not unique in this setup, but its no excuse to not pay its tax (that most small/medium businesses do). It’s been using Ireland as a tax haven and refused to bring the cash back the US (as it does not want to pay tax). Believe what you want, but this is not exactly news. https://www.google.se/amp/s/www.irishtimes.com/business/apple-s-cash-mountain-how-it-avoids-tax-and-the-irish-link-1.3281734%3fmode=amp
    You do realize that Apple and the Irish Government agreed to the tax deal, Ireland agree to limit Apple's taxes in the EU because they wanted Apple's business. This deal dates back to the early 80"s and was renew over an over again since then. If Ireland thought they were getting ripped off don't you think they would have negotiated the deal. Ireland was not loosing out, having Apple there, their tax base grew with lots of high tech work showing up in Ireland these are good paying Jobs. This whole thing had nothing to do with Apple or any other company in Ireland not paying enough taxes, this was about a bunch of non-elected EU members seeing Ireland getting all this benefit, and the rest of the EU suffering since they had this stupid idea to let in a bunch of freeloaders from all over the world to settle into places like Belgium, France and Germany. None of the freeloader were showing up in Ireland. 

    BTW, other EU countries did similar deal with Google, Facebook, Amazon and now the EU wants them all to pay for their stupid mistakes. Did you notice Apple decide not to put their Data center in the EU, this is direct result of the EU actions.
  • Reply 56 of 63
    maestro64maestro64 Posts: 5,043member
    avon b7 said:
    Yeh, the Trump believers seem to think China is helpless and can only absorb the punches.
    They are far from helpless, they are taking this seriously, and they are not messing around.

    Meanwhile, Trump's list of supporters is growing thinner each day.   It's likely why suddenly we are negotiating with them again.

    But regardless of what happens:  Trump will claim victory and his followers will believe him.  
    First I would not trust the media who is saying all of this, nor would I trust the polls of 100 or so people. Just look at the 20,000 people showing up to hear him verse the few 100 showing up to listen to those who wish to oust him.

    I do a agree China is not going to buckle under, they are playing a long game and out idiot (and I mean them all) politician are short sighted it all about getting to the next election, similar to what we see on wall street its all about getting to the next quarterly earning. Apple is also a longer game player they are not working to win the next quarter with wall street. Apple is winning the long game but losing the short term thinking of wall street. If the US had a long game and made it know then China may think different. China know they just have to wait 18 month to maybe 5 yrs and it will be all different.

    SpamSandwich
  • Reply 57 of 63
    GeorgeBMacGeorgeBMac Posts: 11,421member
    maestro64 said:
    As an unintended consequence, Trump found a way of taxing one of the big tax avoiders. I guess the stock value should take a hit, but probably good for the US taxpayers.
    Last I checked Apple was the highest tax payer in the country. I'm sure that's more than your entire family combined. "Greedy" Apple.
    Apple is not unique in this setup, but its no excuse to not pay its tax (that most small/medium businesses do). It’s been using Ireland as a tax haven and refused to bring the cash back the US (as it does not want to pay tax). Believe what you want, but this is not exactly news. https://www.google.se/amp/s/www.irishtimes.com/business/apple-s-cash-mountain-how-it-avoids-tax-and-the-irish-link-1.3281734%3fmode=amp
    You do realize that Apple and the Irish Government agreed to the tax deal, Ireland agree to limit Apple's taxes in the EU because they wanted Apple's business. This deal dates back to the early 80"s and was renew over an over again since then. If Ireland thought they were getting ripped off don't you think they would have negotiated the deal. Ireland was not loosing out, having Apple there, their tax base grew with lots of high tech work showing up in Ireland these are good paying Jobs. This whole thing had nothing to do with Apple or any other company in Ireland not paying enough taxes, this was about a bunch of non-elected EU members seeing Ireland getting all this benefit, and the rest of the EU suffering since they had this stupid idea to let in a bunch of freeloaders from all over the world to settle into places like Belgium, France and Germany. None of the freeloader were showing up in Ireland. 

    BTW, other EU countries did similar deal with Google, Facebook, Amazon and now the EU wants them all to pay for their stupid mistakes. Did you notice Apple decide not to put their Data center in the EU, this is direct result of the EU actions.
    It wasn't a matter of opinion.   Ireland broke the law and got busted for it.  Yes, Apple had to pay up, but it was Ireland who broke the law that they had agreed to uphold when they joined the EU.
    muthuk_vanalingam
  • Reply 58 of 63
    maestro64maestro64 Posts: 5,043member
    Supposedly Trump is justifying much of his trade war on China over China's supposed infringement of American IP.   But now we see that that is a two way street as Huawei is going after American companies for using it's IP.

    So, another claim by right wing media and parroted by Trump and his loyalists ("China got to where it is by copying and stealing American technology") is being debunked.

    Huawei may demand more royalties from US firms that rely on its patented tech









    And Huawei is trying to sue the US over national security trade restrictions put on their product claiming the US has no right to limit their products in the US. Do you really think US court are going to support especially in a court in West Texas. They can demand higher royalties, how they going to enforce this, US courts are not going to enforce it since China does not reciprocate. 

    The US and other country have reciprocal agreement that allow Companies to file cases in another countries courts and the court will treat them the same as local company. China does not do this, they do not allow US companies to file claims in their courts, only Chinese owned entities can file a claim. Any non-Chinese company doing business in China has to have a JV set up with a Chinese national and the Chinese entity has to have 51% of the JV. US companies can sue through the JV, but do you think the 51% Chinese ownership is going to sue on behave of the 49% owner, It does not happen too often.
  • Reply 59 of 63
    crowley said:
    ChristianPaulsen said:

    Tim Cook claimed Apple did not use tax avoidance schemes - only to be proved wrong. Just Google it.
    Tim Cook said that before Congress.  If he'd lied that would be a big deal.

    He claimed Apple does not use tax avoidance schemes to avoid US obligations.  Which appears to be true; they use schemes to avoid obligations in other countries.
    It is a big deal. Apple refused to bring the earnings back to the US (until it got the tax break for the rich). All Tims efforts trying to convince the world of Apple having a moral compass therefore rings false. Keep it up and Trump will stay in power for a long time forward. Tim should know better.
  • Reply 60 of 63
    GeorgeBMacGeorgeBMac Posts: 11,421member
    maestro64 said:
    Supposedly Trump is justifying much of his trade war on China over China's supposed infringement of American IP.   But now we see that that is a two way street as Huawei is going after American companies for using it's IP.

    So, another claim by right wing media and parroted by Trump and his loyalists ("China got to where it is by copying and stealing American technology") is being debunked.

    Huawei may demand more royalties from US firms that rely on its patented tech









    And Huawei is trying to sue the US over national security trade restrictions put on their product claiming the US has no right to limit their products in the US. Do you really think US court are going to support especially in a court in West Texas. They can demand higher royalties, how they going to enforce this, US courts are not going to enforce it since China does not reciprocate. 

    The US and other country have reciprocal agreement that allow Companies to file cases in another countries courts and the court will treat them the same as local company. China does not do this, they do not allow US companies to file claims in their courts, only Chinese owned entities can file a claim. Any non-Chinese company doing business in China has to have a JV set up with a Chinese national and the Chinese entity has to have 51% of the JV. US companies can sue through the JV, but do you think the 51% Chinese ownership is going to sue on behave of the 49% owner, It does not happen too often.
    Huawei already said that they're main goal of bringing a lawsuit was simply to produce a forum where they could call bull to -- and produce evidence to refute --   Trump's trash talk based on, well, pretty much nothing but hate for (and fear of) China.
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