Wesley_Hilliard
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Apple stock bloodbath continues after China applies retaliatory tariffs
These increasingly horrifically incorrect posts backed by zero facts don't change reality. Ford's prices for the next few months reflect inventory that is already in the United States and won't be affected by tariffs. Can you name what the actual going rate of tariffs were for the other countries before Trump's little scheme here? Hint: it isn't what was on that board.9secondkox2 said:The rest button has been pressed. The system is powered down, but will power up with a fresh set of memory banks.Of course things are rough the day after. But let’s give it time to do what it’s going to do. There’s no arguing the USA has been unfairly treated in the world trading stage. Giving them some of their own medicine is necessary to level tje playing field. It’s not okay for us to pay sn ram dnd a leg to sell iverseas while they have it easy here. Or to be barred from selling there while they take over here.We can hold off our addiction to foreign goods for a short while so they can feel the squeeze and give ourselves strong legs to stsnd in moving forward. Short term pain got long term gain.With ford offering killer deals for the next 3 months the snd apple poised to sail through, I think we will be ok. Kinda me me wonder if anticipation of this isn’t why we have an m3 ultra instead of an m4 ultra.I can’t imagine there not being some communication about how to navigate this behind the scenes. The president and Apple’s CEO are brilliant people.
What none of the Trumpers are able to explain is *how* these tariffs will help the American people. Regardless of what lies you've been told, this is like adding $4,000 of expense to every American for the year. Everything will get more expensive, and even when tariffs go down, what incentive will companies have to lower prices Americans are already paying?We're in for a decade of price inflation and pain because of an incompetent moron that was elected by the uneducated and/or willfully ignorant people. And the people that will be hurt the most are the Trump voters, who tend to be economically challenged.
This isn't going to go the way you think. But there's no sense in arguing I suppose. You'll just have to see how it happens live because facts don't seem to matter, only how things affect you directly. So we'll see.
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iPhone 17 Pro predicted to cost over $2000 because of Trump tariffs
It seems you are the one that doesn't understand how tariffs work. The tariffs enacted by the Trump administration were calculated using the trade deficit divided by the exports. That's not how you determine what China's tariffs are on US goods.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.
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Apple stock bloodbath continues after China applies retaliatory tariffs
Oddly enough we haven't had to delete that much. As if millions of voices cried out in terror and were suddenly silenced.sflocal said:Sounds like a great time for Apple to do a massive stock buyback.Mods... get rid of these political BS comments. If I want that, I'll go to CNN or Fox News.
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How and where Trump's new tariffs affect Apple
It's not BS, its reality and the cuts to staffing hadn't affected you yet because it only just happened. The whole system is breaking down. I'm a vet too and I can see the writing on the wall: it's about to be much harder to get the care I need.jfabula1 said:
Big BS about veterans, I am DV and not lost a single cents, in fact my health care is far to none. Stop your big BS about veterans pleasecharlesn said:Marvin said:This is what the government spending cuts and tariffs are about. If there's a better way to fix the debt issue other than cutting spending and trying to make up trade deficits, they'd probably like to hear some ideas. These moves suggest they don't have any better ones.
In mid-October last year, the widely respected financial journal, The Economist, ran with this headline and cover story: "The American Economy: The Envy of the World." And the sub-head was: "The American economy has left other rich countries in the dust." Not bad for the country that Trump has would have the brain-dead believe is in an "economic emergency" and the trading partner punching bag of the world. If so many countries are taking advantage of us, it would seem they're doing a pretty bad job of it!
The last time we tried tariffs this insane (Trump's are actually worse than Smoot-Hawley), they helped usher in the Great Depression. So there's your "proof of concept" and the reason high tariffs have been discredited by economists left, right and center ever since. It also goes without saying that triggering a recession and stagflation with this stupidity will cut growth and revenue, thereby driving up deficits even higher. And spare me the BS that Trump, the self-styled King of Debt, has ANY interest in solving the debt problem. In his first term, his unpaid for tax breaks to the richest blew up the national debt by more than all 44 previous presidents COMBINED.
As for spending cuts: the Pentagon budget is nearly $850 billion dollars and for decades has been spending more each year than the next 8-10 largest militaries in the world COMBINED. So how is it that we're always falling behind our adversaries? Why are so many weapons systems wildly overbudget, hugely behind schedule and never work as advertised? Seems like a place that's rife with waste, fraud and abuse. Musk, himself, has excoriated "idiots who are still building the F-35" and has pleaded, "...in the name of all this is holy, let us stop the worst military value for the money in history, which is the F-35 program." Did DOGE stop it? Nope. Where are the mass DOGE firings at the Pentagon? Why hasn't DOGE taking over the Pentagon computers? Why hasn't DOGE limited Pentagon credit cards to $1? Instead, DOGE is devastating health care and services for the veterans who risked their bodies and lives in defense of this country. Nice! DOGE isn't looking for waste, fraud and abuse--it is indiscriminately taking a chainsaw to the government to free up more money for tax cuts to millionaires and billionaires.
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How and where Trump's new tariffs affect Apple
These moves suggest vast incompetence and blatant stupidity. The tariffs are calculated using nonsensical math that they tried to make look better using greek symbols that cancel each other out lmao.Marvin said:
There are some exemptions listed on the site:Mike Wuerthele said:
You're missing the fact that the President said yesterday that there were no exemptions.ssfe11 said:Maybe I’m missing something but Tim meeting with Trump and in Feb and then both announcing the 500b US investment has total exemption written all over it. Again am I missing something? Would welcome comments.
https://www.whitehouse.gov/fact-sheets/2025/04/fact-sheet-president-donald-j-trump-declares-national-emergency-to-increase-our-competitive-edge-protect-our-sovereignty-and-strengthen-our-national-and-economic-security/
"Some goods will not be subject to the Reciprocal Tariff. These include: (1) articles subject to 50 USC 1702(b); (2) steel/aluminum articles and autos/auto parts already subject to Section 232 tariffs; (3) copper, pharmaceuticals, semiconductors, and lumber articles; (4) all articles that may become subject to future Section 232 tariffs; (5) bullion; and (6) energy and other certain minerals that are not available in the United States."
https://www.msn.com/en-us/money/other/semiconductors-are-exempt-from-trump-s-massive-32-tariff-on-taiwan-though-pc-gamers-will-still-feel-the-heat/ar-AA1Cev7t
It's not clear how much impact it will have on Apple's products.
This move is being widely criticized but other countries have been unfairly locking US companies out of trade for a long time. While this likely won't have a good outcome, continuing to let other countries engage in unfair business practices shouldn't just be accepted either. These tariffs are in response to the unfair trading practises of other countries. The expected outcome is that other countries start trading fairly and drop their original unfair business practises and tariffs and the US can do the same.
https://ustr.gov/issue-areas/reciprocal-tariff-calculations
If the US tariffs were removed tomorrow, all that happens is US businesses go back to being taken advantage of. It's clearly a ham-fisted approach with the intent of trying to get a quick fix similar to the war negotiations but the US has a huge debt running out of control:
https://www.msn.com/en-us/money/markets/us-could-hit-debt-ceiling-as-early-as-mid-july-study-shows/ar-AA1ByPeh
This is what the government spending cuts and tariffs are about. If there's a better way to fix the debt issue other than cutting spending and trying to make up trade deficits, they'd probably like to hear some ideas. These moves suggest they don't have any better ones.
The reality is it's all just bullshit. The tariffs aren't reciprocal because most countries had a 1.5 to 5 percent tariff. America had a 2.5% flat rate before for most countries. The new tariffs are derived by taking the trade deficit and dividing it by the total exports then dividing that percentage by half. It's insane and has no basis in any economic textbook on earth.
They're doing nothing but crashing the global economy, and for what? A made up goal that won't be reached because people will just stop buying things. It's the equivalent of giving every American $4,000 in debt due by the end of the year that'll automatically be taken out of everything they earn.
There's no unfair competition, at least not at the scale suggested by these tariffs. It's incredible that anyone could defend them. Listen to the experts -- ie not the Trump Administration.
And Mike's comment was alluding to the fact that there will be no exemptions provided to specific entities, which is what Trump was talking about in the speech.Good lord. This is/will be catastrophic. It's very clear this will have incredible impact on Apple's products, but Apple's reaction is what is unknown. But forget Apple, everyone is about to suffer for this blatant corruption and stupidity.
