gwydion

9secondkox2 said:

Time to push China tariffs to 225%. 

China lives and breathes the US dollar. 

The US is addicted to Chinese imports. 

But America can just as easily wait out some production relocation or shift habits. 

China won’t be recovering thst money. 

Apple is already reallocating the weight of production. It will take a bit. But it will be done. It’s just too bad that there aren’t more truly free nations to move it to. 

The only way the USA wins this is to keep its foot in the gas and not give in to bullies. We’ve been pushed around and robbed long enough. As O’Leary said:enough is enough.” Time to get back. 

libertyandfree said:

avon b7 said:

libertyandfree said:

DAalseth said:

The US needs stuff from China more than China needs ANYTHING from the US.
I expect there may be exemptions for Amazon, Apple and Walmart. But the hundreds of thousands of small stores, local stores, regional stores, that are the heart of the economy will be massacred. 

As someone pointed out yesterday, this whole scrap is above all making China look like the reliable, stable, rational, trustworthy partner. That is going to be the most harmful thing coming out of this for the US.

China needs money from the US to run their economy.  The US is by far their biggest customer whereas we are mostly consumers of their products - many of them not essential for daily life.  Yes, some small businesses rely on their cheap Chinese products but they will have to adapt in the short term - you don’t fold because some segments get hurt.  If the US stops buying the Chinese goods then China must sell them elsewhere, or shutter factories, which floods the market and crashes their prices.  Forgotten in all this is the massive theft by China on IP which was being reversed by the first Trump administration and then was unexplainable dropped by the Biden administration.  This needs to be corrected as well and this requires the Chinese govt to enforce.  

What happened with agriculture in his last term? China quickly pivoted away to Brazil. Lobsters from Maine? China went to Canada.

China is in a situation - provoked by the US - where mutual trade is severely impacted. 

They won't go crawling to Trump and they've made that very clear. 

They will continue to get rid of US debt but with a common sense approach. They will tighten restrictions on critical minerals/rare earths. They could even switch away from Boeing to Airbus as a symbolic move. They will strengthen BRICS+ deals as well as tempt the EU. 

At the end of the day it is Trump who started everything and it is Trump who will have to fix it. 

He blinked first with the 90 day pause. Now he will have to blink again. 

 You obviously do not know how these negotiations work.  The so called blink has 90 countries negotiating and if that’s a blink then blink away.  The whole world knows China is the bully when it comes to trade and fairness, did you somehow miss this? 

libertyandfree said:

 Like I have repeatedly stated on this site and others, . Apple would not be harmed by these tariffs.  It’s amazing how people still do not understand how Trump operates and what his intentions are even after him being president for 4+ years.   Many view him as incompetent or corrupt and greedy but he is just following his America First policies and truly is trying to put America in a better position.  Those suffering from TDS will never see this. 

sog35 said:

gwydion said:

Shocking, an advisor for one of the interested parts says that the ruling could be overturned in benefit of the part he is advisor.

or it could be common sense that you can't change laws on things that happenned 10 years ago

Thatguy2 said:

Time to come out of your news bubble. China shutting down majority of factories calling it a worker holiday. With no wages of course and no idea when or if factories will reopen. Factory owners all over tik tok selling equipment showing the devastation. Two more weeks and 80% of factories will close. Four two six weeks Chinese economic collapse. Most Chinese companies receiving nothing but order cancellations. Chinese are terrified. Those videos are shocking. I had no idea their economy could be brought down so fast. 

jmgregory1 said:

Just like the BS spouted by US politicians, the European's want to talk about changing the rules of the game after the fact,

If you set up the rules to provide tax benefits to entice businesses to your country, you have no right to come back after the fact with outstretched hand, looking for "your" money. 

sdw2001 said:

SpamSandwich said:

Meh. The bill to repatriate those overseas billions will pass quickly after Trump takes office and many companies will take advantage of the 10% tax. If Ireland continues to buckle under and do the EU's bidding, they deserve to lose every single company that unwisely decided to locate there.

Ageed.  And again, I really wish Apple would tell the EU and any grandstanding Irish politicians to go f**k themselves.  Government is ridiculous.  They can just decide that--SURPISE!--you owe 14.5 billion in taxes for the last however many years.  I say Apple just ignores the ruling.  What are they going to do? Raid their offices with the guns they don't carry?  Or, as you implied...Apple should call their bluff.  Highlight the jobs and revenue Apple brings and threaten to pull out if they don't back off.  

9secondkox2 said:

The art of the deal in action. 

9secondkox2 said:

Come on apple! Get it moving!

In addition, the EU has got fire breathing on them in a major way.