Today, sure.
Oh, so the two largest line items among Chinese imports.
Xiaomi/Oppo phones in US for the win.
You can pause the tariffs but you can’t pause the uncertainty you’ve introduced into the system, Don.
Especially when he has basically admitted that it is stock market manipulation. Everyone knows the tariffs will return or potentially even something stupider.
what about switch 2
That can be considered a computer or phone so sounds like it’s exempt.
Based on the CSMS statement elseware in the thread and my limited google-fu, it looks like swicth one was 9504.50, which isn’t on the list of exemptions.
That said, I wouldn’t be too surprised if Nintendo figured out a few tweaks in the feature list that would allow them to claim it as one of the exempted categories.
Follow Sony’s play and call it an “OtherOS” mode. You don’t even have to support it once you’re already shipping under the new classification!
It’s almost like they don’t know what they’re doing.
Nah. It’s not almost like that. Nope. It’s exactly that.
This is weaponized incompetence and stupidity.
I split this evolving situation according to different scenarios and try to weight their relative probability. What’s the motive, where’s the gain?
A) 80% Some variation of pure incompetence where they tried some shit with whatever aim and weren’t prepared for the hard pushback they got served quickly and decisively. Current events are capitulation, at least for a moment.
B) 15% We are in a Russia-like scenario where this administration needs to govern from fear : population fear deportation and can’t elect another government and fear from the companies that he can crash anything at will without remorse : pay regularly to avoid the destruction of your business model. Mafia protection tax will be lucrative for the few people at the very top.
C) 5% Wider destruction of society with genocide and a new flavour of slavery. Luckily this one is difficult and stoping at a mid point, pivoting to B, is easier. Achieving stability in a “network city” scenario doesn’t seems plausible to me : one small example: try to manufacture stuff to give your ruler class quality healthcare without any scale because war killed so much people… modern stuff is outrageously complicated.
Unless it’s just plain old stock market manipulation with a twist. Always follow the money.
$AAPL stonk go up.
Before Trump announced it publicly. Martha Stewart was jailed for less.
Martha is a woman, so…
Generally convictions are less severe for women though, so that doesn’t explain it…
also if they reasonably attractive and not ugly, helps too.
That’s actually not gender specific, good looking people generally do better and are judged less harshly, regardless of gender.
How can we price the stock correctly if we don’t know how much of the profit margin needs to be cut to account for bribes? If Apple shouldered the bribe on its own is this a disadvantage when their competitors gets tariff relief for free? Do they pay every 3 months or every year? Maybe we learn the bribe price on the quarterly conference call? Apple has some kind of leverage against the US government and this isn’t an expense?
I have more questions than a three years old!
Somebody got a call from Tim Apple. So much for the clamor to make iPhones in the US. More American jobs vaporized, just like that.
Lol. Conservatives don’t care. Libs fucking OWNED. We got fucking OWNED, y’all.
Do you feel it? Does it fucking hurt to be owned by poor people who will now be poorer with less options?
They fucking showed us. And themselves. Fuck yeah!!!
Ignorance is strength!!!
I don’t think the general populace was particularly interested in buying 5000 dollar US made smartphones lmao
Nope. Just ludicrous propositions to terrorize everyone on the planet.
Building iPhones in the US was never going to happen, it would double or triple the price if we did it here.
It’s not about the price. There just isn’t enough capacity and workers to build that many.
Which is why the price would dramatically go up. Labor is cheap in China because it’s plentiful, labor is expensive here because it’s not. Making iPhones here means diverting labor from other good jobs.
No I mean it wouldn’t be possible to make them here, if you tried to build a series of factories they would not have enough workers. It’s like an order of magnitude scale difference, the largest industrial plant in the US is 30k workers and in China the big one for iPhones is 350k. And that is 350k people working super long hours. Even in China labor isn’t plentiful anymore, there is shortages of labor in the coastal areas. You try to hire a staffing firm and tell them you want 300k skilled workers in a city and they’ll just laugh at you.
Makes this article look even stupider than when it was first written
Why? People probably panic upgraded.
The Trump tariffs are doing as intended, manipulating the market.
Pretty sick of these kinds of doomsdayers rolling over and spreading panic instead of focusing on calling out all the bullshit. Not that that’s even an effective approach. What needs to be repeated over and over is the obvious failures in simple enough terms they can become mantras, slogans, ways of beating the propagandists at their own game. We’re more creative and smarter than them yet we let ourselves lose the propaganda war. Well, not us per se, but legacy media and feckless Democrats.
tim cook wrote a check to one of trump businesses, quite probably
https://www.bbc.com/news/articles/c20xn626y81o
exemptions also include other electronic devices and components, including semiconductors, solar cells and memory cards.
Holy fuck on solar cells!!! Huge boost for cost of solar outside of China imported to US, or made in US from Chinese cell supplies.
This can significantly accelerate US solar adoption. If Trump manages to lower interest rates, that is biggest payoff gain for solar/battery projects.
edit: China might still be tariffed 20% on these items.
Yes it is just a form of “GST/VAT” on goods imported by Americans into US. It is a tax paid for by Americans.
It is cool way to distract people and collect more taxes. By using the phrase “tariff on china” instead of “raising taxes on Americans”.
US/Trump blinking continues. If electronics jobs were both desirable and already on a partial progress groove, then surely apparel/toys tariffs are next to be removed, and then only US military electronics will be 145% tariffed, if not blacklisted by China.
Trade deficit with China just substantially increased. US energy, ag, big ticket industrial exports just went to 0.
Is switch 2 a computer?
Are they just kind of saying things at this point?
Come on China, send a message and slap export duties on them until Trump buckles again.
Just outright embargo the US, period.
I like how you think.
What a pussy. Got a call from Tim Apple and caved immediately.
I feel like the uncertainty is worse for business than the actual tarries at this point
Tim apple sms’d him a single picture.
Course, the picture was the back of his neck in a sniper scope.
Sometimes pictures speak louder than words.
And some pictures transcend language and random rants of gibberish.
The iPhones must flow.
Tim apple got to keep making owner thris profits