mike_galloway
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Kuminga said: Mike Wuerthele said: Kuminga said: Seems like stock market likes the deal for Apple 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 …
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bwik said: Who pays a tariff fully depends on whether there is a substitute supplier or buyer. The columnist confidently declares buyers pay for tarriffs. Yes, they do, if there is no alternative supplier anywhere on Earth who sells a compa…
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My understanding is that there is a new White House directive about to come out that says if you have a label on your product that "Made in the USA" then the product is exempt from tariffs. The only hassle appears to be that the label itself must b…
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I'm not sure we need to be concerned over someone trying to do what cannot be done. Why not allow Trump the rope to hang himself? Ok we all get a pile of trouble, but at the end (assuming we are right) America is weaker and the rest of the world str…
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bloggerblog said: I bought two unbranded bicycle bells from Alibaba that cost me 50cents (for both), the tariffs added 75cents. That 150% tax n tariffs for a total of $1.25 This product is still astronomically cheaper than the rebranded bells…
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MassiveAttack said: randominternetperson said: I'm going to so be pissed and relieved when, in the near future, Trump "suspends" this one and the price of AAPL surges back. Pissed because the profit all his insider-trader cronies will …
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simply258 said: And Tim Apple thought his donation to Trump's campaign would buy him protection from this madness lol No, but it got him his ear, but there was never going to be a guarantee of a good response, but it was probably an inexpe…
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MassiveAttack said: mike_galloway said: MassiveAttack said: Now, it is up to Tim Cook how he will respond and drive the stock up again. Amazon is also facing headwinds, but the stock has recovered so far. Walmart, too. Jensen H…
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Most, if not all governments want to seen to do something about (put your angst in here) but they don't want to be responsible for the inevitable failures and cost, so it's a "who can we pass the buck to" game. Nobody wants to be responsible for an…
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MassiveAttack said: Now, it is up to Tim Cook how he will respond and drive the stock up again. Amazon is also facing headwinds, but the stock has recovered so far. Walmart, too. Jensen Huang responded immediately and the US government remov…
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The elimination of the USA's massive trade imbalance with the rest of the world is a necessity. The USA has been living on borrowed money for a long time and using it for excessive consumption. Effectively, China and other countries lends the USA mo…
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coolfactor said: Wesley_Hilliard said: Ok, had to delete some incredibly off topic and rule breaking threads that are just useless screaming matches. Let's chill out. And as a reminder: It isn't illegal to be a monopoly. It is illega…
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Whilst the short term ups and downs of the stock market can be ignored, the bond markets and dollar depreciation cannot, unless the USA wants higher borrowing and imports costs (above the tariff increases) and a risk of loosing reserve currency stat…
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Priaptor1 said: mike_galloway said: When china hold a huge proportion of US debt it's a stupid man that provokes the dragon especially when the US need mountains of new debt continually. The bond markets are the real king here and will…
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foregoneconclusion said: 9secondkox2 said: I also added late that The USA has indeed been getting ripped in world trade forever now and that it's about time someone stands up to global bullies. The fact is Trump is very easy to read and t…
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The bond markets will eventual decide all - I'm pretty certain Trumpy Dumpty has skilfully moved America from its current rock to a nice shiny new hard place, it's a good thing he hasn't implemented any tax cuts, now the tariffs income is going to b…
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libertyandfree said: Like I have repeatedly stated on this site and others, . Apple would not be harmed by these tariffs. It’s amazing how people still do not understand how Trump operates and what his intentions are even after him being pr…
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When china hold a huge proportion of US debt it's a stupid man that provokes the dragon especially when the US need mountains of new debt continually. The bond markets are the real king here and will determine the outcome of this farce.
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With the tax cuts that have been announced, income from tariffs is now essential to government running and must be here to stay
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ecarlseen said: Wow. I spent a lot of time in International logistics and about 12 years in supply chain management for companies that were moving production from Asia to North America (mostly Mexico, but some US), and you did a very good job…