Trump is unable to be educated about tariffs and how they don't work. He is stuck in the 60s and 70s. Coal, oil, and backing off environmental protections are just examples. He is destroying our economy. And because he is so stupid, he doesn't care. He's building a wall around our entire country.
Whatever happened to American workers screwing in the nuts and bolts when manufacturing returns to the US.🤔 So all tech devices will carry on being manufactured in China?..Yep.. it's tech oligarchy alright...
Agree. And it won't just be pushback from millennials and Gen X or Gen Z, it will be all generations. I bought my first iPhone a few days after I saw the first ad for one, and I've been a loyal customer ever since.
He’s exhausting. Just…exhausting. I don’t know who he wants to wear down more, us — the people formerly known as proud Americans — or ‘them’ (any old ‘them’ around the world will do).
Yep, we knew this was coming. Smartphones are essential conduit to voters. Without smartphones Trump would have a difficult time feeding propaganda to the MAGA-ites
kinda begs the question - WHATS THE POINT THEN? Lutnick is out there saying we'll make iphones in America, but those jobs will actually be automated, but now phones are exempt. There is no plan other than to destroy the economy?
Not just China. Apparently there has been some international coordination. Remember Carney was the central banker for Canada and the UK. He knows all the players well.
He’s the right one to listen to, no doubt about that. And if you are a Gen Xer with kids about to enter into adulting, gift them a copy of The Algebra of Wealth. I was not paid to say this.
I have an iMac, iPad, and iPhone. If I thought I could convert easily to Android devices I would. But, that’s the point, right? I’ve been buying Apple for decades now and really can’t afford to divest to change. And, that’s the point‼️
Agree.. why should any self respecting country put up with this abuse? But I meant within the country. These tariffs give him a chance to extort all kinds if things from the CEOs. Just like he has done with the law firms.
If this wasn’t so sad, it would almost be comical that the biggest threat to MAGA is a price increase in iPhones. China can play this card anytime they want and it will make Trump roll over.
Starts there.. watch the "policy" very all over the road... to uncontrollable problems.. Attention Walmart shoppers - TRUMP did this to you. (thank you for your vote).. ps.. that soybean field you drove by on the way to our store, just last 70% of it's value. have a nice day
I would definitely like you to interview Peter Zeihan about these current economic issues! I think that we all would gain something listening to the two you talk.
And how how much in ‘bribes’ did the smart phone industry have to pay Trump?
Along with insider trading, this ain’t nuthin’ more than a mob shakedown.
Now, time for appropriate nostalgia.
Again. It's not a full exemption. These levels still add $1900 in additional costs per household
"Some tariffs will still apply to electronics and smartphones. The Trump administration had applied a tariff of 20 percent on Chinese goods earlier this year because of its role in the fentanyl trade."
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Nostra-Galloway.
Exempting the import doesn't insure they will exempt the export, possibly?
"Hey, junior. Four letters for you tomorrow: AAPL. Tell the others. And remember, I get 15%."
Chatter that world central bankers are coordinating activity wrt Treasuries.
Japan, China, Europe and others set to send an even stronger message to Trump. If they start really selling Treasuries the fireworks start.
Way to go Lutnick!
Along with insider trading, this ain’t nuthin’ more than a mob shakedown.
Now, time for appropriate nostalgia.
https://youtu.be/QJVl6Iuiy00
"Some tariffs will still apply to electronics and smartphones. The Trump administration had applied a tariff of 20 percent on Chinese goods earlier this year because of its role in the fentanyl trade."