radarthekat
About
- Username
- radarthekat
- Joined
- Visits
- 342
- Last Active
- Roles
- moderator
- Points
- 8,965
- Badges
- 3
- Posts
- 3,944
Reactions
-
iPhone 17 Pro predicted to cost over $2000 because of Trump tariffs
jfabula1 said:Spoiler Alert, tWesley Hilliard said:slickdealer 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.
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.Wesley Hilliard said:slickdealer 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.
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. -
How and where Trump's new tariffs affect Apple
jfabula1 said:lordjohnwhorfin 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. -
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.
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. -
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. -
$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.