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.
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that’s fine. iphones are so cheap, people can handle even 50% tariffs. apple is worth every penny /s.
going to buy a cmf phone 2 now…
Yeah. I'm typing this on a $300 Chinese phone with 10600mAH battery, reverse wireless charging, a thermal imaging camera, and it's waterproof and shock resistant.
It's coming true.
And again "tariff must be paid by Apple" really shows that he still has no idea how they work.
Made in India + 25% tariff is still cheaper than made in Murica.
That BS is just for media.
Tbf the labor will be done by the minorities and undesirables they will keep throwing in prison without due process
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.
The US is turning into my games of stellaris a little bit more everyday. Oh boy you sure dont want to be in my games of stellaris guys.
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
The Art of Extortion.
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.
The worst take from his opposition: "trumps such a dumb idiot". And it's why the left gets out-maneuvered; they imagine those on the right as only either 1. Imbeciles 2. Racists.
The right sees the left as cunning, and strategizes how to outplay them.
The left sees the right as backwards morons, and strategizes how to insult them. It seems to be the main play, and is doing him a favor by shutting down closer examination.
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.
This is what you get for bending down to the tyrant in inauguration day. You cant appease tyrants, you must fight them.
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
They did, or at least Tim Cook did.
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.
An extra 25% must be paid by consumers. Like every other tariff. New taxes be like that.
Such smol govment
Selling iPhones made outside US: bad
Selling MAGA hats and swag made in China: art of the deal
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
Don't buy Apple. Problem solved. I will not accept arguments about 'but the eco-system blah-blah'
Sticks Fingers in ears lalalalalala
We can always respond with our money and not buy an iPhone
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.
It is paid by consumers, not Apple. Other phone companies will raise prices as well to increase their profits, since iPhone prices will set a new high price. When Apple prices goes up 25% other phone companies can increase their prices by 15% and still be competitive to apple.
Actually to make same profit due to lower phone sales Apple may have to raise price even higher than 25% or find other ways to get consumers to pay more. Die hard fans of Apple will buy, whatever the price.
It would take MINIMUM 10 years to even come close to like 60% manufactured in US. And that’s assuming the US upends the entire global tech industry by coming even kind of close to TSMC’s chip manufacturing tech.
Did trump just confuse a possessive s for a plural s?
That is the least of his linguistic faults.
Failed business man telling people how to run their businesses. I’ve got an idea about how to make American manufacturing cheaper universal healthcare.
What a fucking idiot