9secondkox2
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Trump gives Apple a giant break with wide-ranging tariff exemptions
Xed said:9secondkox2 said:As I’ve been saying since before this whole thing happened.
As I have been saying all along, Apple is going to be OK. They have someone standing up for them on the global stage. I have a sneaking suspicion that more is to come with the EU as well. -
Trump gives Apple a giant break with wide-ranging tariff exemptions
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China calls Trump's trade war a joke, jumps tariffs on U.S. goods to 125%
jfabula1 said:We been the dumping ground of Made in China, and who’s to be blame??? American consumers and the greedy corporations are just reacting. We get what we planted so get over it. We can’t continue this way or we don’t have America to be called our country.Apple is no exception, I my self will have to tighten my belt if it has to come that way…..so far I don’t see any Apple price increases,
all I’ve heard are fear mongering. -
China calls Trump's trade war a joke, jumps tariffs on U.S. goods to 125%
gwydion said:libertyandfree said:avon b7 said:libertyandfree said:DAalseth said:The US needs stuff from China more than China needs ANYTHING from the US.
I expect there may be exemptions for Amazon, Apple and Walmart. But the hundreds of thousands of small stores, local stores, regional stores, that are the heart of the economy will be massacred.
As someone pointed out yesterday, this whole scrap is above all making China look like the reliable, stable, rational, trustworthy partner. That is going to be the most harmful thing coming out of this for the US.
China is in a situation - provoked by the US - where mutual trade is severely impacted.
They won't go crawling to Trump and they've made that very clear.
They will continue to get rid of US debt but with a common sense approach. They will tighten restrictions on critical minerals/rare earths. They could even switch away from Boeing to Airbus as a symbolic move. They will strengthen BRICS+ deals as well as tempt the EU.
At the end of the day it is Trump who started everything and it is Trump who will have to fix it.
He blinked first with the 90 day pause. Now he will have to blink again.gwydion said:libertyandfree said:avon b7 said:libertyandfree said:DAalseth said:The US needs stuff from China more than China needs ANYTHING from the US.
I expect there may be exemptions for Amazon, Apple and Walmart. But the hundreds of thousands of small stores, local stores, regional stores, that are the heart of the economy will be massacred.
As someone pointed out yesterday, this whole scrap is above all making China look like the reliable, stable, rational, trustworthy partner. That is going to be the most harmful thing coming out of this for the US.
China is in a situation - provoked by the US - where mutual trade is severely impacted.
They won't go crawling to Trump and they've made that very clear.
They will continue to get rid of US debt but with a common sense approach. They will tighten restrictions on critical minerals/rare earths. They could even switch away from Boeing to Airbus as a symbolic move. They will strengthen BRICS+ deals as well as tempt the EU.
At the end of the day it is Trump who started everything and it is Trump who will have to fix it.
He blinked first with the 90 day pause. Now he will have to blink again.Canada doesn’t hold much weight in trade, but China does. And they use it to push that weight around.The eu has been in tje news lately targeting American companies with laws that apply only to them. And on top of that, applying another set to only apple.You’ve also got Israel, Japan, South Korea, Vietnamese, and others negotiating.Of these, Israel, Japan, and South Korea are msjor players and hVe tje potential to shift the balance of global trading power.So while China has bullying power today, that may not last since that power comes directly from the victims. Now that one is fighting back, things get interesting.It’s better for the entire world to have a level playing field and fair trade. Not charging someone a lot more bevause they happen to be good at what they do. -
China calls Trump's trade war a joke, jumps tariffs on U.S. goods to 125%
gwydion said:9secondkox2 said:Time to push China tariffs to 225%.China lives and breathes the US dollar.The US is addicted to Chinese imports.But America can just as easily wait out some production relocation or shift habits.China won’t be recovering thst money.Apple is already reallocating the weight of production. It will take a bit. But it will be done. It’s just too bad that there aren’t more truly free nations to move it to.The only way the USA wins this is to keep its foot in the gas and not give in to bullies. We’ve been pushed around and robbed long enough. As O’Leary said:enough is enough.” Time to get back.
It is funny seeing how Trump and his supporters work towards USA's destruction