Mike Wuerthele
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New Vietnam trade deal means Apple will pay at least five times more in tariffs
I covered your "facts" just fine. Wes didn't even need to.9secondkox2 said:
I guess when confronted with the facts, just dismiss, eh? LOLWesley_Hilliard said:
"lol, no" is about all the time this post is worth.9secondkox2 said:so… tje idea that the usa is not imposing tarriffs on Vietnam is incorrect.The two countries are equalizing their tarriffs with the same rates.The USA is charging 20% direct snd 40% trans-shipped.Plus the usa gets a wide open door to sell to Vietnam markets.Seems like a pretty clear win for the usa.Tarriffs equal out, creating a level playing field, but then the USA gains a marketplace to sell previously difficult to penetrate.So, it may not be crazy, but it’s a notable win.From cnn of all places:Trump said the United States will charge a 20% tariff for Vietnamese exports into America, and a 40% tariff for “transshipping.” US Commerce Secretary Howard Lutnick said in a post on X Wednesday afternoon the “transshipping” tariff means “if another country sells their content through products exported by Vietnam to us — they’ll get hit with a 40% tariff.”
The 20% tariff is double the current minimum tariff rate the US is charging on goods from Vietnam and virtually every other country.
“In return, Vietnam will do something that they have never done before, give the United States of America TOTAL ACCESS to their Markets for Trade,” he added. “In other words, they will ‘OPEN THEIR MARKET TO THE UNITED STATES,’ meaning that, we will be able to sell our product into Vietnam at ZERO Tariff.”
https://amp.cnn.com/cnn/2025/07/02/business/trade-deal-vietnam-trumpI don’t know how snyonr can argue against this move. Yet Another notch in the win column.It’s a “lopsided deal” in favor of the USA according to some economists.
https://fox59.com/business/ap-business/ap-president-trump-announces-trade-deal-with-vietnam-that-will-let-us-goods-into-the-country-duty-free/amp/
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New Vietnam trade deal means Apple will pay at least five times more in tariffs
Lol. We're an Apple site. Apple will pay at least five times more to import from Vietnam. I also don't sell goods into Vietnam.9secondkox2 said:so… tje idea that the usa is not imposing tarriffs on Vietnam is incorrect.The two countries are equalizing their tarriffs with the same rates.The USA is charging 20% direct snd 40% trans-shipped.Plus the usa gets a wide open door to sell to Vietnam markets.Seems like a pretty clear win for the usa.Tarriffs equal out, creating a level playing field, but then the USA gains a marketplace to sell previously difficult to penetrate.So, it may not be crazy, but it’s a notable win.From cnn of all places:Trump said the United States will charge a 20% tariff for Vietnamese exports into America, and a 40% tariff for “transshipping.” US Commerce Secretary Howard Lutnick said in a post on X Wednesday afternoon the “transshipping” tariff means “if another country sells their content through products exported by Vietnam to us — they’ll get hit with a 40% tariff.”
The 20% tariff is double the current minimum tariff rate the US is charging on goods from Vietnam and virtually every other country.
“In return, Vietnam will do something that they have never done before, give the United States of America TOTAL ACCESS to their Markets for Trade,” he added. “In other words, they will ‘OPEN THEIR MARKET TO THE UNITED STATES,’ meaning that, we will be able to sell our product into Vietnam at ZERO Tariff.”
https://amp.cnn.com/cnn/2025/07/02/business/trade-deal-vietnam-trumpI don’t know how snyonr can argue against this move. Yet Another notch in the win column.It’s a “lopsided deal” in favor of the USA according to some economists.
https://fox59.com/business/ap-business/ap-president-trump-announces-trade-deal-with-vietnam-that-will-let-us-goods-into-the-country-duty-free/amp/It is so bafflingly easy to argue against this. It is POTUS trying to obfuscate consumer price rises that will come after existing stocks run out by saying that the exporting country pays, and they do not. It is a misguided effort to return manufacturing to the US without investing in the education that will be needed to provide it, or the anti-inflationary measures that will be required so US consumers will stomach the vast hike in labor costs to manufacture in the US.When he says that maybe kids should have two dolls instead of 30, that's a sign that he knows that consumer prices will rise, and not by a little. Just more lies.It's all another case of the middle class being used as a money piñata for the 1%. That's why I'm against it. Even beyond Apple. this will raise prices for the middle class and put more money into the pockets of the rich.Cook himself said that Apple will take almost a $1 billion hit in the quarter because of this. This isn't even the iPhone 17 quarter.
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New Vietnam trade deal means Apple will pay at least five times more in tariffs
At 10AM, two hours pre-announcement, the stock was at $212.98. As of 3:24 PM, three hours after announcement, it is at 212.35. The 10AM spike was because Jefferies upgraded Apple to Hold from Underperform. It has nothing to do with this announcement which further screws Apple.Kuminga said:
Look againMike Wuerthele said:
it does not. Apple's gains were pre-market open. Trump's announcement was at 12:44 eastern time.Kuminga said:Seems like stock market likes the deal for AppleAAPL is down from pre-market gains.At best, from the Jefferies upgrade to now, that is no gain. There was no spike at noon, nor is there one now.I get it, you're Trump-devout. But, take the L on this one, because the facts are clear on the stock price not moving because of the annoucement, and how much Apple will have to pay in tariffs.
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New Vietnam trade deal means Apple will pay at least five times more in tariffs
Yeah, because they were imported in February before the tariffs. Cook was clear that they did this with some products before they kicked in too.Kuminga said:narwhal said:I'm guessing this will be the first year that prices for Apple hardware will be HIGHER in the US than other countries. The next iPhone could be $1000 in the US and $750 in Canada. Apple has a choice of either tanking its US sales or bribing an insane despot.I thought I heard in April that flip flops would go from 7.99 to 17.99 now at Target
i just checked , 6.99 and on sale
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New Vietnam trade deal means Apple will pay at least five times more in tariffs
HI gang, Mike here. Things have been pretty calm for the most part, but I want to be clear about one specific point here.Attacks on the authors for any reason, up to and including "you aren't from the US" and discussions about the patriotism of the other author who, by the way, served for a decade in the US military, will not be tolerated.Speak to the issues.
