Trump may impose tariffs on Iphones made in China. Apple stock drops

[candycorn]

Here is the list of the tariffs the US has in place right now...

DataWeb
Tariffs work because China has a socialist market economy and their people have less freedom. Is that what you want for the people of this country?

Are you going to make the same argument for the EU? How about the US prior to WWII?

The only reason we dropped tariffs was because after WWII all of our economic competitors were literally destroyed.

Tariffs are a socialist tool that control both what companies make and what we the people are allowed to buy.

LOL. Now I’m a “socialist”. I’m sure the leftwingers here will rejoice.

You have been a big government statist as long as I have been on this board.

Government’s main job is enforcing our borders, that includes products shipped into our country.

 

[candycorn]

Not sure why that is funny. theHawk is counting on the tariffs to pay off Trump's debt. But now you're stating that demand is plunging. So no money from the tariffs.
Oh well, the blob mis-calculates yet again.

Only in the short term. The point of tariffs is to balance free trade and encourage manufacturing and jobs in the US. Obviously that is something that bothers you, very telling.

That it won't work, never has worked, and only drives the price of goods upward does bother me. As our Trillion dollar yearly deficits indicate already. But hey, don't let facts destroy your fantasy.

It’s been working great for the EU and China for decades. So your argument is dead.

Not so good for their citizens who have less choices and higher prices as a result. Your brain is dead if you want that duplicated here.

Now President Trump is getting the EU to drop the tariffs, which will give them more choice and cheaper goods. Again, the long term goal is for equal footing among like countries like European and North American.

China is a different story since they are a third world shithole that uses virtual slave labor. So yes we may have to pay more money for some goods. Not a problem for people against slavery and for human rights.

Are we going to get $12B like the farmers did to pay more for the items due to his self inflicted trade war? Or is that just for one of his pet demographics?

 

[Papageorgio]

Might be time to look at buying Apple stock.

 

[frigidweirdo]

Tech stocks have been sliding lately. Don't expect this to alleviate the situation.

President Donald Trump suggested he could place a 10 percent tariff on iPhones and laptops imported from China, in an interview with the Wall Street Journal published Monday.

Trump suggests US could slap 10% tariffs on iPhones and laptops imported from China

Question is, are Chinese workers making phones more than 10% cheaper than they'd be if they were made in the US. Everyone else can get cheaper iPhones, just not Americans.

Anyway, iPhones suck balls.

You know China generally makes all the

Hahahahaha! They are coming to take all of you away! Apple reported WORLDWIDE demand for the new IPhone was down sharply, and it would fall far short of expectations. Hahahahahahaha! Try again. Fantasy far exceeds even the most minute fact again.

You know they just lost there market to an Android maker like Samsung... Samsung in South Korean...
Make America Great Again... Idiots...

China makes everything because their workers will work for cheap wages. This will change soon as China becomes richer.

 

[Harpy Eagle]

Tech stocks have been sliding lately. Don't expect this to alleviate the situation.

President Donald Trump suggested he could place a 10 percent tariff on iPhones and laptops imported from China, in an interview with the Wall Street Journal published Monday.

Trump suggests US could slap 10% tariffs on iPhones and laptops imported from China

Question is, are Chinese workers making phones more than 10% cheaper than they'd be if they were made in the US. Everyone else can get cheaper iPhones, just not Americans.

Anyway, iPhones suck balls.

You know China generally makes all the

Hahahahaha! They are coming to take all of you away! Apple reported WORLDWIDE demand for the new IPhone was down sharply, and it would fall far short of expectations. Hahahahahahaha! Try again. Fantasy far exceeds even the most minute fact again.

You know they just lost there market to an Android maker like Samsung... Samsung in South Korean...
Make America Great Again... Idiots...

China makes everything because their workers will work for cheap wages. This will change soon as China becomes richer.

It always does. Japan was the place of cheap labor not that long ago, it is always a moving target.

China will last longer than others just due to their sheer numbers

 

[frigidweirdo]

Tech stocks have been sliding lately. Don't expect this to alleviate the situation.

President Donald Trump suggested he could place a 10 percent tariff on iPhones and laptops imported from China, in an interview with the Wall Street Journal published Monday.

Trump suggests US could slap 10% tariffs on iPhones and laptops imported from China

Question is, are Chinese workers making phones more than 10% cheaper than they'd be if they were made in the US. Everyone else can get cheaper iPhones, just not Americans.

Anyway, iPhones suck balls.

You know China generally makes all the

Hahahahaha! They are coming to take all of you away! Apple reported WORLDWIDE demand for the new IPhone was down sharply, and it would fall far short of expectations. Hahahahahahaha! Try again. Fantasy far exceeds even the most minute fact again.

You know they just lost there market to an Android maker like Samsung... Samsung in South Korean...
Make America Great Again... Idiots...

China makes everything because their workers will work for cheap wages. This will change soon as China becomes richer.

It always does. Japan was the place of cheap labor not that long ago, it is always a moving target.

China will last longer than others just due to their sheer numbers

No, I doubt it. Chinese people like money. They're not going to work for cheap wages, especially when living costs will be increasing all the time due to everyone wanting their slice of the pie.

Accommodation prices are rising fast, too fast for a lot of people who are still stuck earning $500 a month.

 

[cnm]

It’s been working great for the EU and China for decades.

Oh. You can't read. That explains it.

 

[cnm]

It isn’t similar at all. They tax the shit out of US goods, and we tax very very little.

You really, really can't read. Ok.

 

[cnm]

Your mistake is swallowing the load of shit that globalist pigs squeal out and regurgitating it as fact.

With only evidence to back me up. My bad.

 

[cnm]

Tariffs are a socialist tool that control both what companies make and what we the people are allowed to buy.

Right.

Tariffs have historically served a key role in the nation's foreign trade policy and as a source of federal income. Tariffs were the greatest (approaching 95% at times) source of federal revenue until the Federal income tax began after 1913. For well over a century the federal government was largely financed by tariffs averaging about 20% on foreign imports.
Tariff in United States history - Wikipedia​

 

[cnm]

Your prescribing socialist policies.

Where on earth does the argument tariffs are socialist come from?

 

[edward37]

Hahahahaha! They are coming to take all of you away! Apple reported WORLDWIDE demand for the new IPhone was down sharply, and it would fall far short of expectations. Hahahahahahaha! Try again. Fantasy far exceeds even the most minute fact again.

Not sure why that is funny. theHawk is counting on the tariffs to pay off Trump's debt. But now you're stating that demand is plunging. So no money from the tariffs.
Oh well, the blob mis-calculates yet again.

Far short ?? BULL SHIT

 

[edward37]

iPhones are overrated garbage.

As far as tariffs go I think every company that is American based but makes their products overseas should face stiff tariffs/import taxes.

And stiff tariffs hurt who????