China pays as companies start looking to get out. That’s the whole point of tariffs. To make it more difficult to stay or even consider China.
Eh, Apple could handle a 50% tariff with the size of their margins.
No pity here, Apple. Eat up.
You are most welcome.Thank you to all Trump voters.
By swallowing their pride and paying the cost with their obnoxiously huge margins. Not to mention they support the unfair conditions in those countries by hiring people in those countries in the first place.yes they also provide a lot of jobs in many countries with those tariffs. If they dont make enough money how are they suppose to pay all their employees
Amazing how so many people (liberals) in the comments here want China to keep ripping off the US. If it wasn't for past administrations letting China to continue taking advantage of the US, we wouldn't have to deal with this now. The US will have to suffer for a little bit while President Trump actually fixes it which other presidents did not even bother trying to do. Can't you people stop listening to the brainwashing media for once and actually think about this. Once this trade war gets resolved, the country and it's companies will be thriving more than they ever did since the 50s!
Can’t wait for your job to be offshored to India or China or AI.
You want slave labor in China to make your overpriced 50% profit margin device instead of an American because you care about value. Lol
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Let’s vote for someone who watches millions of manufacturing jobs go to China because it makes Wallstreet rich.
Hahaha since when have conservatives wanted to raise taxes on your paycheck?? I think you got your politics a lil mixed up thereCalifornia is real America. Non-coastal states have to follow and obey the real Americans, or they will be erased from society.
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Amazing that conservatives want to raise taxes on hard-working Americans.
You can thank me again in 2020You are most welcome.
KKKKKKAAAAAGGGGGGGGGAAAAAAAASNDJDHRFJRHRJFRHR!!!!!!!! AHHHHHHHHHHHHHH!!!!!!! IMAFRICKININSAMERACISTMANIACCUZIVOTEDFORTRUMP!!!!!!AIDHFHFFBFIFHFHDH AHHHHHHFJTJFJJFHF!!!!You can thank me again in 2020
You didn't answer my question. Why should corporations be taxed?Do you really think Apple and other massive corporations are paying a fair amount in income taxes? They aren't. By any sane rationale, they're among the worst offenders in tax avoidance.
The argument that their stock will be negatively affected by this in the long term is a fallacious assumption. Long term, the market reacts to relative changes across the entire landscape. Apple stock would only suffer negative long term consequences if they were a singled-out victim of these tariffs. But they aren't. Anybody manufacturing overseas is going to find their products on the ledger in short order.
Was this a trump tweet , I seriously can’t tell anymore lolYou can thank me again in 2020
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KKKKKKAAAAAGGGGGGGGGAAAAAAAASNDJDHRFJRHRJFRHR!!!!!!!! AHHHHHHHHHHHHHH!!!!!!! IMAFRICKININSAMERACISTMANIACCUZIVOTEDFORTRUMP!!!!!!AIDHFHFFBFIFHFHDH AHHHHHHFJTJFJJFHF!!!!
Edit: just tryin to act the way that all the libz tell me I do.
PS: LONG LIVE RUSSIA!!!!!!!! AHHHHHHHHHHHH!!!!?!!!!37474$4$4$
They certainly have the margins to do so. I can tell ya that much. Guess we’ll see how much they care about their valued customersNot a political post.
Does anyone know if Apple is going to absorb?
Sorry if asked and answered I am running around the sideline of a football game.
Yes. Isn’t that how all trump voters act??Was this a trump tweet , I seriously can’t tell anymore lol
If you wanna keep gettin bent over by China, then you keep thinkin that buddy.Make America Great Again!!!!!!!!!!!!! .... By paying up for our nationalistic, protectionist bribe sucker....
"Actually, it benefits Americans to pay more for stuff. That gives us an opportunity to make that stuff here less efficiently, and still pay more for it, which you would know if you didn't hate America." - Sheep
Welcome. You can thank me again in 2020Thank you to all Trump voters.
Lol “hang on Americans” was the exact same thing Obama was telling us. The only difference is that Trump’s got the ballz to do somethin bout itDon't worry, China is begging for a trade deal, right?
It'll happen sooner, or later, or maybe never. But in the meanwhile, hang on Americans!
I spend summers in Canada. I don't understand this argument. The CAD/USD exchange rate is just that - an exchange rate. Who says that one Canadian Dollar should be equal one US Dollar? The Australian Dollar to USD exchange rate is even more lopsided. It's not about the exchange rate; it's about how much people get paid. If an average US salary is USD $60,000 (just an example), and an average Canadian salary were CAD $80,000, the purchasing power would be very similar.
I found that the prices of most products in Canada are similar to the prices for similar products in the US when the exchange rate is applied. So, the problem is that the Canadian salaries are lower than US salaries based on the exchange rate. I recall that about 15 years or so, the Canadian dollar was at parity with the US dollar. Maybe NAFTA wasn't good for you guys either. Your prices should not climb when your dollar falls against the US dollar. You guys make a lot of things domestically: agricultural products, electricity, cars, airplanes, train cars, etc. There is no reason why groceries in your stores should not be tied to your salaries, especially because you are protecting your agriculture from US farmers pretty seriously. Meat, milk, cheeses, grains etc. are all produced by Canadian farmers. Therefore, if the Canadian farmers get paid less than US farmers (when converted to US dollars), the food should also cost less than it does in the US. However, food costs about the same in Canada when converted to US dollars. I see that you guys are left with much less money once you pay the prices and the taxes. However, you don't have to worry about medical bills, which is a huge plus.
But throwing our economy into a recession isn't worth it. There has to be a better way to solve this issue.If you think his only recourse in this imbalance with Chinese trade is to surrender then you’re an idiot!
If you wanna keep gettin bent over by China, then you keep thinkin that buddy.
Lol the liberal media that you watch and all the dems are leading you astray. It is no where near as bad as what they’re saying. My uncle owns a furniture store and he said there has been zero affect. He said most of his suppliers just moved their businesses to Vietnam and costs didn’t go up a single penny. I work IT for a public school district and we have switched to suppliers in TEXAS that give us higher quality products for lower costs. Consumers are freaking out saying “end of world, death to trump” while businesses are saying “well, guess we’ll just go somewhere else. Done.”Just about everything is going up because of these tariffs. Was just talking my local bike shop, they are no longer selling kids bikes because they have gone up about $120 each. So, I a nice kids bike that would cost about $100, is $220 now.
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I'm assuming you forgot the /s...
Just want to note -- we (USA) have to pay tariffs for products exported to China.
Just want to note -- we (USA) have to pay tariffs for products exported to China. In spite of the INSANE amount of products we buy from China, they still hold that over us. Trump said on the campaign trail that he, "believes in free trade, but fair trade." This is just the US holding China to the same standard they're holding us to.
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Revenue: $655 million (2017)
Source:
https://en.wikipedia.org/wiki/The_Trump_Organization
Speak up if you got a better solution to this trade imbalance.But throwing our economy into a recession isn't worth it. There has to be a better way to solve this issue.