radarthekat

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radarthekat
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  • iPhone 17 Pro predicted to cost over $2000 because of Trump tariffs


    jfabula1 said:
    Spoiler Alert, tWesley Hilliard said:
    The most likely scenario remains that China lowers tariffs on US goods and our reciprocal tariffs automatically adjust.  

    Why all of these articles fail to mention how reciprocal tariffs work baffles me. 
    It seems you are the one that doesn't understand how tariffs work. The tariffs enacted by the Trump administration were calculated using the trade deficit divided by the exports. That's not how you determine what China's tariffs are on US goods.

    China's original rate was less than 5%, but now they've got no choice but to respond to the US tariffs. The only way prices go down on imported goods is if the US lowers tariffs, not China.

    All tariffs are a tax on the country that imposes the tariffs. It is basic economics. The US government tried to impose tariffs in the 1930s to save the economy, but spoiler! It failed and led to the great depression.
    The most likely scenario remains that China lowers tariffs on US goods and our reciprocal tariffs automatically adjust.  

    Why all of these articles fail to mention how reciprocal tariffs work baffles me. 
    It seems you are the one that doesn't understand how tariffs work. The tariffs enacted by the Trump administration were calculated using the trade deficit divided by the exports. That's not how you determine what China's tariffs are on US goods.

    China's original rate was less than 5%, but now they've got no choice but to respond to the US tariffs. The only way prices go down on imported goods is if the US lowers tariffs, not China.

    All tariffs are a tax on the country that imposes the tariffs. It is basic economics. The US government tried to impose tariffs in the 1930s to save the economy, but spoiler! It failed and led to the great depression.
    his is 2025 not 1930
    Those who fail to learn from history are doomed to repeat it.  It’s not only the great depression from the 1930s that America is likely to see recur, but also the rise of fascism within a globally powerful nation.  This must be stopped soon or the world is going to find itself in an extended period of very dark times.  
    muthuk_vanalingam
  • How and where Trump's new tariffs affect Apple

    jfabula1 said:
    I still can’t believe people voted for this moron. It’s sad to see the pathetic joke this once great country has become.
    So what do you want to do w the $36T debt? This guy has the balls to do something about it. We been ripped off for a long time. Americans are just buying & consuming cheap imports. Just look at your closets, your house, probably 99% are all imported by greedy importers. TEMU anyone?? Probably 90% are not utilized. 
     
    Have you not been paying attention?  It was Trump who added $8T to the debt in his first term.  He added 1/3rd more to the debt that he inherited!!  And now you trust HIM on debt reform?  And you trust him versus all the accumulated history of what tariffs wrought the other three times this nation tried using them to fund itself?  Hint: it was unmitigated disaster all three times, because it’s a toxic way to function economically.   
    thtronnwatto_cobra
  • How and where Trump's new tariffs affect Apple

    timmillea said:
    Trump's tariffs only affect goods imported in to the USA. Retaliatory tariffs will affect goods exported from the USA. The bulk of Apple's sales are not in the USA and almost all of its manufacturing is outside the USA. Hence most of Apple's business will be unaffected.

    Trump has created an incentive to manufacture in the USA for domestic consumption but also an incentive to manufacture outside the USA for sales in the rest of the World. As manufacturing costs are higher in the USA, the net effect is likely to be higher prices but only in the USA. 
    And Apple could raise price worldwide to recoup some of all of the cost of the tariffs on U.S. imports.  Here’s the way I see it, and these are very rough numbers used only for illustration.

    About 75% of Apple’s global revenue is hardware, the other 25% being software and subscriptions, etc.  

    One third of that 75% is U.S., the rest being overseas sales.  
    So if Apple were to split the tariff hit across the entire world it would have to raise prices by only one third as much as it would on U.S. hardware sales, if it were to attempt to cover the entire tariff hit just against U.S. sales.  That’s a mitigation, but it’s still a huge increase in prices.  

    ronnwatto_cobra
  • Apple's fight with Trump's tariffs will shift the cost to customers

    blastdoor said:
    I think we're missing the obvious solution here -- move production to Russia or North Korea, Trump's allies. 
    Okay, I agree, we really do need an LMAO button in these forums.  
    bestkeptsecretjroyFileMakerFeller
  • $5 billion class action suit over Apple's ebook licensing is based on false premises

    CLS9 said:
    How do we join this class action? I thought I was buying books when, all of a sudden, they disappeared. Now I know why.
    And what books were those?  And can’t you download them again?  And if you cannot is it because the publisher withdrew them from the Apple Books store, disallowing Apple to distribute them in the future?  And if that’s the case isn’t your beef actually with the book publisher, not with Apple (the book distributor).   
    watto_cobra