Wesley_Hilliard
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iPhone & Mac tariff reprieve only temporary
Reminder: empty grandiose statements with no actual content beyond hero worship are not allowed. They don't add to the conversation since they do not build on context. They offer no new information beyond how much you like something. Such posts will be removed.
The opposite is true. Posts that exist only make fun of the opposition with zero context to the discussion at hand will be removed. -
Trade war escalates: Trump hikes China tariffs to 125%, pauses others for 90 days
9secondkox2 said:Xed said:9secondkox2 said:canukstorm said:camber said:From the excellent article: "Trump cited a "lack of respect" from China" Let me get this straight. The schoolyard bully got called out, and he says that is disrespectful? He should hope he never finds out what disrespectful really is
very true. China has been bullying the usa on trade and us companies by stealing their ip and even controlling their data. We called them out, They panicked and tried to double down with the tariffs and are now in a tough spot. There is a lot of nuance being revealed. We’ll see how it goes but at least American companies are being looked after, whether with pauses or exemptions.If my family rents a house from a landlord and that landlord charges them an extra amount bevause we aren’t from that neighborhood, and that same landlord goes to my car dealership to lease a new vehicle, I’m going to Jack up his price too. What’s fair is fair. Now if he wants to stop being a bully and stop the ridiculous additional fees, then I’ll do the same. Equity and parity is all I wanted to begin with.People need to remember what it’s like to have a backbone.I guess it’s been a while.Perhaps you should read your comment to the mirror. -
China calls Trump's trade war a joke, jumps tariffs on U.S. goods to 125%
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Apple stock bloodbath continues after China applies retaliatory tariffs
9secondkox2 said: -
iPhone 17 Pro predicted to cost over $2000 because of Trump tariffs
HiramAbif said: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.The great depression was NOT caused by tariffs, and in fact tariffs have been utilized since the country's founding, and accounted for up to 95% of the revenue to the government up until the income tax was created in the early 20th century.
Oh, I didn't say tariffs are bad. Trump's tariffs are bad and stupid. But convenient of you to deliberately misunderstand me.
Not to mention that you conveniently miss the fact that the reason the income tax was implemented was because tariffs disproportionately affected lower income Americans, where the income tax meant the rich paid their fair share and improved the economy.