An extra 25% must be paid by consumers. Like every other tariff. New taxes be like that.
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It's coming true.
And again "tariff must be paid by Apple" really shows that he still has no idea how they work.
What a fucking idiot
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
They did, or at least Tim Cook did.
This is what you get for bending down to the tyrant in inauguration day. You cant appease tyrants, you must fight them.
Failed business man telling people how to run their businesses. I’ve got an idea about how to make American manufacturing cheaper universal healthcare.
Such smol govment
It is paid by consumers, not Apple. Other phone companies will raise prices as well to increase their profits, since iPhone prices will set a new high price. When Apple prices goes up 25% other phone companies can increase their prices by 15% and still be competitive to apple.
Actually to make same profit due to lower phone sales Apple may have to raise price even higher than 25% or find other ways to get consumers to pay more. Die hard fans of Apple will buy, whatever the price.
This is actually a real socialist or even communist policy. The State controlling the businesses.
How in god's name is this promoting worker ownership of Apple's phone production processes?
Last time I looked, the Soviet, Chinese and North Korean people didn't own shit.
It is authoritarian. Communist system devolve to authoritarianism because it is a natural progression (easy to do). Socialists can, but a good democratic political structure makes it harder.
Don't tell all the tankies.
It would take MINIMUM 10 years to even come close to like 60% manufactured in US. And that’s assuming the US upends the entire global tech industry by coming even kind of close to TSMC’s chip manufacturing tech.
Good news on the latter front, actually: https://www.tomshardware.com/tech-industry/tsmc-expands-investments-in-the-u-s-to-usd165-billion-with-new-fabs-and-r-and-d-center-a-closer-look
Thank you for your attention to this matter.
Who does he think he's talking to?
His subordinates, who else?
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 .
Killing Biden's CHIPs act certainly didn't help that cause.
He will kill and reinstate it to sell it as his own doing.
Obviously guided by his counselers and consultants.
Oh, like NAFTA!
Tarriffs are an articulable cost that can be direclt passed on to the consumer. Income taxes would be something more manageable and the company would need to figure out what to pay. But, Republicans increasing taxes on their donors? Ha!
Apple should just not sell them in the US then.
Profiteers foregoing the largest source of profit? Not likely.
Looks like Apple is balking at paying the required bribe.