Technology

Once again. Companies do NOT pay tariffs. They pass on those costs of those tariffs to their customers. YOU are gonna pay that extra 25% not Apple.

This isn't about making Apple make iPhones in the US. This is a 25% tax on everyday Americans that the fascists will blame on Apple for not making iPhones in the US and use to give tax breaks to the rich. Trump and his cabal are reverse Robin Hooding the American people and 70 million of them are lining up to lick his boots for it.

It's coming true.

And again "tariff must be paid by Apple" really shows that he still has no idea how they work.

The Art of Extortion.

Trump has become schizophrenic again.

Step 1. Add Tarrifs.

Step 2. Wait till the share price falls.

Step 3. Buy in low.

Step 4. Lift the tariffs again.

Step 5. Wait till the share price rises.

Step 6. Profit.

I wonder if he knows apple simply can not comply with this. Apple doesn't know how to make iPhones (at the scale and rate needed) and no one in the US does either.

RIP

I see the problem here. He's talking to Tim Cook, who's CEO of some cooking company. He needs to talk to Tim Apple.

you fucking idiot, it's NEVER EVER EVER coming to the US.

NEVER.

a 25% increase in cost is still MUCH more preferable to bringing all of that shit to the US. probably by orders of magnitude. can you even fathom (of course you can't) what you would need to do to have a 100% American iphone?

let's say you're bringing the iphone manufacturing plant to the US. let's even assume this move is subsidized so the new factory is going to cost only time.

the iphone isn't put together from mere atoms. parts of it need to be manufactured first. there's the screen, the glass, the aluminum case, several cameras, the battery, the ram, the storage, the CPU, the GPU, the receiver, accelerometer, gyroscope, etc etc... how much of that shit do you think is made in the USA?

so there's tariffs an all of that. or to avoid them you need to make several new factories, and have other companies that provide these things also move their factories... and these factories don't just have people create electronics by hand. you need machines. where do you think those are made? who makes them? so now you need the manufacturers of manufacturing robots to move their factories to the US.

and all these factories now employ people with much higher salaries.

all in all, a move like that would halt production for years and when it comes back every iphone would probably cost $47000.

Even with tariffs it's still not financially viable to Apple to bring manufacturing to the U.S. and if they still decided to it would take 10to 15 years to get going. It ain't gonna happen. Sad oompa-loompa.

It sounds like he thinks the word "tariff" just means "payment". Then he follows that with "[whoever he thinks should make the payment]". Tariff by Apple, Tariff by China, etc. Honestly. I don't know how else you can make it make sense.

Selling iPhones made outside US: bad

Selling MAGA hats and swag made in China: art of the deal

He still has absolutely no clue how tariffs work. Amazing for someone who throws them left and right without thinking. Although the latter might explain it.

What about the components? Should they also be produced in the US?

Let’s be clear, producing the iPhone in the US would be more than a 25% cost increase.

Killing Biden's CHIPs act certainly didn't help that cause.

What the hell is with the "Thank you for your attention to this matter?"

You're shitposting to a global media audience, not politely asking Facilities to restock the vending machine with Snickers bars.

Are you just in full Business Guy Autocomplete mode? A Bigly Language Model?

This is what you get for bending down to the tyrant in inauguration day. You cant appease tyrants, you must fight them.

Can you imagine if Joe Biden said shit like "I'm going to make your pleb shit more expensive because I refuse to just admit a mistake and therefore will double down on my bad policy."

iPhones not iPhone's... Who let this idiot be in charge of anybody? Did he even go to school?

Good fuck apple they probably donated to trump

Who is Tim Cook of Apple? Why does it sound like Trump is talking about Tim Apple?

I bet Tim Apple is really happy about his large donation to the Trump inauguration.

Then again, if you're that rich, maybe having some intelligence and foresight should be an expectation. If you don't have those things, maybe you shouldn't be rich.

That said, for a 25% tariff, it isn't even close. Still far cheaper for Apple to manufacture outside of the US and pass that additional cost to the US consumer.

Well, technically, any kind of tariff added to the import is always paid by Apple, who else would pay it? Some unrelated company? A foreign country?

They will simply increase the price by an amount that will keep them making the same amount of money. The main problem is that because they like to do a round price worldwide, we European we'll pay more too, so they can make more money. Assholes

An extra 25% must be paid by consumers. Like every other tariff. New taxes be like that.

This past Monday, John Stewart of The Daily Show interviewed Patrick Mcgee who discussed the jaw-dropping amounts of money Apple spent building out Chinese electronics supply chains which had deep implications. -It made for an interesting case if true.

Such smol govment

Did trump just confuse a possessive s for a plural s?

You can know the impact of what building in the US would be by looking at Purism. They sell a Linux phone for $800. If you want the same phone built in the US, they charge $2000.

Thanks God he clarified he's talking about Tim Cook of Apple, for a moment I thought he was speaking about my neighbor from downstairs.