shrave10

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shrave10
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  • US will not tolerate EU fine against Apple, says White House

    shrave10 said: Meanwhile US manufactured cars gain market share, gain advantages of scaling up volumes, drop in costs > positive feedback loop.  
    That isn't what is happening. Trump wants to put 25% tariffs on auto parts and the result will be disastrous for U.S. auto makers. 

    "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.
    China did not build out their supply chains within 90 days of a US presidential term.   Takes a bit longer for companies to readjust and Trump seems to be adjusting for that.   Here's the latest on auto tariffs: 

    "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/

    9secondkox2
  • 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. 
    Unless the definition of “career politician” has changed recently, that is false. She is not a career politician. She was first elected to political office at the age of 63. She spent the majority of her career in academia. Which… I know “academia” is also a word that will trigger some people’s feelings.
    And Tim Cook spent the majority of his life in the real world, not academia.  Does Senator Warren think she can get all the manufacturing equipment out of China within 30 days or whatever?  She clearly does not know the road blocks to this in the real world.  She should let Tim do what he does best.  He is responding to the tariffs as best as possible and may have asked Pres. Trump for more time.  What's the big deal?  Would Senator Warren be happier if Apple just suffered market share to Samsung, and the Androids?  Would that make her happy? 
    dewmebaconstangalgnormspliff monkeywatto_cobra
  • Senator Warren asks if Apple CEO Tim Cook's Trump playbook is blatant corruption

    "Senator Warren asks if Apple CEO Tim Cook's Trump playbook is blatant corruption"

    Tim Cook should ask Senator Warren if she's getting some pay checks from the EU or China?  
    dewmetiredskills9secondkox2ibillhexclockForumPostalgnormspliff monkeywatto_cobra
  • 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.  

    I feel like a lot of people don’t understand how tariffs work. They are a government tax on goods being imported into this country. The US importers pay the tax. Then, either they eat that cost, or add it to the price of the goods as they are sold to US consumers. 
    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. 
    That's a short term view.  The reason EU manufacturing wants tariffs down is because of the longer term implications.  For ex. cars manufactured in EU will drop in marketshare > raises costs on their cars due to loss of economies of scale > negative feedback loop.  

     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.
    zeus423foregoneconclusiontwolf2919tiredskillswilliamlondonalgnormAlex8888889secondkox2jason leavitttimpetus
  • 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.  

    zeus423foregoneconclusionjrfunkjibtwolf2919williamlondonalgnormfahlmanAlex888888Countryboy99