Trump has become schizophrenic again.
Thank you for your attention to this matter
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.
he makes it sound like the manufacturers pay the tarriff so his moron supporters think it’s a good idea.
If Apple is the importer of record for its products, then it does incur and pay the tariff to the U.S. government. But obviously that gets passed along to consumers as no company will simply eat the cost.
It’s pretty clear what he wants. He wants WW3.
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He wants to consolidate manufacturing to make the US more self sufficient. The tariffs are simply a tool to designed to encourage local manufacturing.
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He wants to start dominating smaller countries just like Russia and China. As well as annexing neighbors. He wants to do what Hitler couldn’t. He wants to use the most powerful military in the world.
If he wants to go to war, then he’s probably going about things the right way. Historically, being reliant on other countries for your supply chain can be a huge liability in war. For example, we were in danger of losing WW2 because of a lack of access to rubber. We need it for boots and tires, and we got it all from South East Asia, our access to rubber was completely cut off by Japan, it was a huge problem until we developed synthetic (plastic) rubber. We literally wouldn’t have been able to put boots on the ground or vehicles on the road.
If we were to end up in a conflict with China for instance, we would lose access to a lot of high tech manufacturing, we suddenly wouldn’t be able to make new computers. That could be bad.
Anyway, the signs are all here, Hitler V2 wants to mobilize soon.
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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.
We don’t even have silicon availability. I don’t mean chips or printed boards, I mean processed quarts crushed into powder.
We would have to start opening strip mines and building massive furnaces and crushers and expanding railways. It’s just not feasible.
But we can just import some of the things we need as we build up the more valuable end of supply chains. I’m sure they’ve thought of that and there are no tariffs impeding those prerequisites, right? Right?
John Oliver did a segment on this about a month ago, but yeah, you just nailed it.
damn it’s been a while since I’ve watched him. it’s just all been current events lately and even though I’m keeping up with the news, i couldn’t watch him because the way his show covers things usually make things much more depressing. I’ve instead been venting here and shit. I’m gonna have to catch up though eventually, it’s still very informative.
Nah I’m with you. I loved him back in the TDS days but over time his show started to get stale, to me
i don’t think it’s stale just to be clear, bad things are just happening too fast. there’s nothing TDS can do about it really.
Fair, I just stopped liking his show for some reason. I was pretty happy that Jon Stewart came back though
THIS IS WHY TARIFFS NEVER WORK. In the long term tariffs actually encourage manufacturing to leave the country charging tariffs, not move manufacturing there. It’s much cheaper to pay the tariffs once, on the final product, than to pay the tariffs on every part that is required moving back and forth across an “imaginary line” (border in Trump-speak).
None of Trump’s tariff bolstering hurts Apple at all. They are a global company and can easily adjust around the asinine policies of America for a few years. Americans will get sick of paying a minimum of 25% more for EVERYTHING, while the rest of the world continues on as if nothing happened. Eventually Americans will see that the rest of the world has all the nice things and they’ve become a self imposed Soviet-era block country that has nothing and has to line up for toilet paper, and they’ll be right pissed. Until then, enjoy your delusion. 👏
The other problem with moving manufacturing due to tariffs is that tariffs can always be changed, whereas moving manufacturing is a longer term investment that can cost millions, if not billions when it comes to things like chip fabs. No one wants to make an investment like that, only to have their investment suddenly become worthless because some politician decided to change how the tariffs work.
Trump’s idiotic and constant flip-flopping on these tariffs have completely destroyed any chance of them actually accomplishing anything (not that they really had a great chance of that in the first place, but anyway…), because no one is going to move a factory to the US when Trump can and will change his mind based upon a whim or whoever is whispering in his ear that moment.
tariffs could work if you’re not the US. the problem is the US doesn’t make anything.
for normal countries you could use tariffs to encourage products made inside the country. but for that to haopen:
- you need the products to already be manufactured inside the country
- you need to have targeted tariffs that apply specifically to those products and not blanket tariffs that would apply to each and every part of product, which would make it infinitely more expensive to manufacture inside the country than outside.
so for example if your country has a decent production of bananas but people for some reason prefer to buy imported bananas way more than homemade ones, you might have some tariffs on bananas to try and reduce waste.
for that to be effective, you can’t also have tariffs on soil, farming equipment and whatnot that might be going into your homemade potato production. otherwise you’d have homemade potatoes more expensive then imported ones.
Blind, overall tariffs can’t work anywhere.
Pretty much every country, including US, has successfully applied targeted tariffs to specific things for specific reasons. Usually you’re protecting an existing industry, but you could even build a supply chain by balancing it with targeted incentives, and bringing them together with a long term strategy to grow that specific segment.
For example, we used to have a complex strategy for helping legacy car manufacturers transition to new technology. We had incentives to build a market, manufacturing incentives and other assistance, we had targeted loans and guided research to build the technology, obtain the resources, build the infrastructure, we had well targeted tariffs protecting them from specific “predatory” countries, and much more. In a decade or so, our legacy automakers would have transitioned to new technology, with at least similar manufacturing presence in the us and a strong global presence. It was slow, bumbling and inconsistent but it would have worked. Now we’re likely to end up with failing manufacturers unable to compete on the global market, and with their us market shrinking to nothing as they continue to focus on large, inefficient, outdated, polluting technology that can only be sold locally.
That McGee book is pretty startling. $55B USD per year for how many years to develop plant and expertise in China over the past decade or two and that’s going to be reversed how exactly?
I mean, if the US can swing it, good for them, but it’s a bit like asking parents to produce Usain Bolt immediately or pay 25% higher income tax.
Plus a consistent supportive economic policy. I haven’t read the book to know what’s included in that $55B, but I know it’s been a long term effort and no business will try to build such capability in chaos and personality cults.
Republicans talk about being best for business is sort of like their “family values”: mostly talk, mostly opposite
Most of the Iphone is not Chinese, the screens are made by Samsung in Korea, and the chips are from Taiwan. Only the fiddly final assembly is done in China.
this is not about china
And they’d still need to maintain their non-US factories due to the retaliatory tariffs many countries are putting on US products.
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.
how long is it going to take, before you realize its too late? if they didn’t realize by now, they aren’t going to
Is it only tariff costs that are passed on to employees and customers or are all corporate tax costs passed on to employees and customers?
Still there is another side of it that also interesting. These companies has done their calculations so the cost of the product is perfect. Increasing that price means less people will buy the product.
Increasing that price means less people will buy the product.
Unless your competitors are also facing the same forced price increase.
It’s coming true.
And again “tariff must be paid by Apple” really shows that he still has no idea how they work.
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.
You know that is somewhat true. What everyone could see when I was kid has come to pass. The people like trump and the actual billionaires in this country sold us out then. They sold us out by moving all the manufacturing offshore. Now these same greedy trash humans want all that back since they have realized that the ability to manufactures products was the United States real power. They delivered millions of my parents generation into poverty and wage slavery to make a buck by moving the job overseas. Now these horrible people and their followers are doing the same thing to try to get it back. They don’t understand nor do they care about the real people in this country. Only about themselves.
Their followers who are not profiting from this must be really, really stupid.
The reason why manufacturing was moved offshore was because it cost more money to produce the goods in the states and they had to adhere to us regulation. Products are cheap because they’re build offshore. No one actually wants the factory jobs back in the states because they’ll be too expensive to produce, and a lot of the jobs will be done by bots anyway. If the iPhone was the be built in the states it would cost $3.5k. Billionaires want a peasant class. They’re envious of China - lots of low educated people earning nothing working long hours. Billionaires have low self esteem.
Yes of course it was because of money. They couldn’t see it then and they cant see it now.
Well those regulations are virtually non existent. Can pay lip service but who is going to enforce it
Their followers who are not profiting from this must be really, really stupid.
And they’re the ‘good’ ones!
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.
Who is Tim Cook of Apple? Why does it sound like Trump is talking about Tim Apple?
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It really depends on what Trump means by " built in the US". It won’t be that big of a jump if Apple is just assembling them there. If every component has to come from the US it’s likely impossible.
Apple is vertically integrated in a way many companies are not. It would be bad for them for sure but they already have really high profit margins. They could eat the cost and assemble in the US, but they won’t because they are already a velban good.
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.
All those hours spent on that tiny screw game is finally going to pay off!
iPhones not iPhone’s… Who let this idiot be in charge of anybody? Did he even go to school?
& Just that entire sentence is atrociously bad
Thank your for your attention to this matter!€
LMFAO it’s the entire fucking tweet!! Thank your for your… omg you are the president of the united states get grammarly or something…you sound even dumber than the people who voted for you…
Good fuck apple they probably donated to trump
This won’t hurt apple one bit. They will pass the cost on t to American consumers. This is a 25% tax on everyday Americans to pay for the billions of dollars of tax cuts for the rich.
Tim Apple could just buy him a fucking plane and be done with it. And that would open up some interesting opportunities, nahmean?
It’s what I’d do if I were an ambitious, resource hoarding, ass pimple billionaire.
It’s obvious the way to Trump’s heart is to tell him he’s pretty and give him something .
