shrave10
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US will not tolerate EU fine against Apple, says White House
foregoneconclusion said:shrave10 said: Meanwhile US manufactured cars gain market share, gain advantages of scaling up volumes, drop in costs > positive feedback loop.
"Most auto suppliers are not capitalized for an abrupt tariff-induced disruption. Many are already in distress and will face production stoppages, layoffs and bankruptcy," the letter added, noting "it only takes the failure of one supplier to lead to a shutdown of an automaker’s production line."
https://www.yahoo.com/news/auto-industry-tells-trump-tariffs-221108768.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAHRWOggzxw43tDKDrgTiV9DgDLelb-mgOTETqE-RXcyP_oKPgGUhrZ7ZzFItWUWaGddCUUPgA5rfPS6utB9_9OmNmeRX52uPHBGs7b-dcxnYyJdnYJqv6tK5eQwYQwEPzeqVOXCc-9WJTRK1fysik69Ugyk82sZY13CXkH7A6U_r
And remember, back in the Great Recession it was the Republican party that wanted to allow the U.S. auto industry to go bankrupt and be liquidated.
"A 25 per cent tariff on all imports of foreign-made cars would remain in place and a 25 per cent tariff on car parts will still be imposed on May 3, the report said."
https://www.bnnbloomberg.ca/tariffs/2025/04/23/trump-to-exempt-car-parts-from-tariffs-on-china-imports-ft-says/
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Senator Warren asks if Apple CEO Tim Cook's Trump playbook is blatant corruption
SiTime said:zeus423 said:Warren is a career politician. I’m sure she’s very familiar with corruption. -
Senator Warren asks if Apple CEO Tim Cook's Trump playbook is blatant corruption
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US will not tolerate EU fine against Apple, says White House
AppleZulu said:shrave10 said:Whitehouse is right here IMO. Unless Epic, Nintendo, and third party app stores for iOS all reduce their own commissions to developers to zero as well, Pres. Trump has full right to raise EU tariffs to the amount to recover any illegal fines to US companies.
It is not fair that all other platform vendors can charge a platform fee commission while Apple is not allowed to do same to recover costs of development, support, and marketing. Core platform licensing fees can be negotiated to be on similar or even slightly lower than that of other platform vendors but it can not be zero.
So what you’re proposing here seems to be that the federal government should collect $570 million in taxes from US consumers who buy EU-made goods and then give those tax dollars to Apple so they can pay the $570 million fine to the EU.That ought to show ‘em.
Meanwhile US manufactured cars gain market share, gain advantages of scaling up volumes, drop in costs > positive feedback loop.
So yes, tariffs may be paid by US importers. But in the long run, it leads to reorienting of supply chains and jobs that go with it. -
US will not tolerate EU fine against Apple, says White House
Whitehouse is right here IMO. Unless Epic, Nintendo, and third party app stores for iOS all reduce their own commissions to developers to zero as well, Pres. Trump has full right to raise EU tariffs to the amount to recover any illegal fines to US companies.
It is not fair that all other platform vendors can charge a platform fee commission while Apple is not allowed to do same to recover costs of development, support, and marketing. Core platform licensing fees can be negotiated to be on similar or even slightly lower than that of other platform vendors but it can not be zero.