Trump says a 25% tariff "must be paid by Apple" on iPhones not made in the US, says he told Tim Cook long ago that iPhones sold in the US must be made in the US

Trump has become schizophrenic again.

Even with tariffs it's still not financially viable to Apple to bring manufacturing to the U.S. and if they still decided to it would take 10to 15 years to get going. It ain't gonna happen. Sad oompa-loompa.

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.

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.

I see the problem here. He's talking to Tim Cook, who's CEO of some cooking company. He needs to talk to Tim Apple.

What the hell is with the "Thank you for your attention to this matter?"

You're shitposting to a global media audience, not politely asking Facilities to restock the vending machine with Snickers bars.

Are you just in full Business Guy Autocomplete mode? A Bigly Language Model?

It's coming true.

And again "tariff must be paid by Apple" really shows that he still has no idea how they work.

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.

Who is Tim Cook of Apple? Why does it sound like Trump is talking about Tim Apple?

Can you imagine if Joe Biden said shit like "I'm going to make your pleb shit more expensive because I refuse to just admit a mistake and therefore will double down on my bad policy."

Killing Biden's CHIPs act certainly didn't help that cause.

I bet Tim Apple is really happy about his large donation to the Trump inauguration.

Then again, if you're that rich, maybe having some intelligence and foresight should be an expectation. If you don't have those things, maybe you shouldn't be rich.

That said, for a 25% tariff, it isn't even close. Still far cheaper for Apple to manufacture outside of the US and pass that additional cost to the US consumer.

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.

Thanks God he clarified he's talking about Tim Cook of Apple, for a moment I thought he was speaking about my neighbor from downstairs.

This is what you get for bending down to the tyrant in inauguration day. You cant appease tyrants, you must fight them.

The Art of Extortion.

But, but, but... I thought the foreign governments paid the tariffs? /s just in case

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?

You can know the impact of what building in the US would be by looking at Purism. They sell a Linux phone for $800. If you want the same phone built in the US, they charge $2000.

Good fuck apple they probably donated to trump

Such smol govment

Will the US factories have suicide nets too, or is that reserved for Taiwan?

Well, technically, any kind of tariff added to the import is always paid by Apple, who else would pay it? Some unrelated company? A foreign country?

They will simply increase the price by an amount that will keep them making the same amount of money. The main problem is that because they like to do a round price worldwide, we European we'll pay more too, so they can make more money. Assholes

An extra 25% must be paid by consumers. Like every other tariff. New taxes be like that.

In British slang if you fart we sometimes say you Trump, or Trumpet. Can we refer to Trumps posts and speeches as Trumpets?

This is actually a real socialist or even communist policy. The State controlling the businesses.

Can someone calculate how much an iPhone would cost if manufactured in the USA?

Step 1. Add Tarrifs.

Step 2. Wait till the share price falls.

Step 3. Buy in low.

Step 4. Lift the tariffs again.

Step 5. Wait till the share price rises.

Step 6. Profit.

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.

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.

Tim Apple could just buy him a fucking plane and be done with it. And that would open up some interesting opportunities, nahmean?

Coming this fall: the new iPhone Republican edition (iPhone RE)

-cheaper construction and materials, yet somehow features a higher price tag -tons of backdoors (this time, intentional) -only connects to approved propaganda sites -reports all biometric data to the GOP -zaps you whenever it detects a thought the party dislikes -integrates with neurolink (not optional, you sick deviant)

Trump on his way to make Android phones more popular (they're not as highly tariffed)

Failed business man telling people how to run their businesses. I’ve got an idea about how to make American manufacturing cheaper universal healthcare.

This past Monday, John Stewart of The Daily Show interviewed Patrick Mcgee who discussed the jaw-dropping amounts of money Apple spent building out Chinese electronics supply chains which had deep implications. -It made for an interesting case if true.

We need to keep in mind that businesses like Apple are already charging the most they think customers are willing to pay.

Tariffs will hurt their bottom line by causing them to lose more in sales than they can make up for by raising unit prices.

What about the components? Should they also be produced in the US?

Let’s be clear, producing the iPhone in the US would be more than a 25% cost increase.

infighting in america. im lovin it!

Tribute's goin' up, lads! Better shake them coffers empty, the Lord of Great Murika demands more mmmmoneyyyy!

The more I think about it doesn't trump just want to raise taxes without explicitly raising taxes.

"Trump says..." A load of fucking bollocks, to be frank. You can rest assured what he says is the opposite of reality. He's a pathological liar.

I oppose tariffs, but I'm also somewhat indifferent to the fortunes of Apple.

What a fucking idiot

Did trump just confuse a possessive s for a plural s?

Looks like Apple is balking at paying the required bribe.

Do it to everyone, I dare you. Nerds get heated. Please it will end sooner for him.

Is this another pump 'n dump (or rather dump 'n buy a shitload and then change your mind again so the stock rises to the original level)?

Finally something Lemmy users can get behind since they hate Apple so much.

The goal is fine but that isn’t anywhere near enough to force production into the US

Unless it’s like American rockets that are made in China, and assembled in the US so they can throw a sticker on it

so many apple shills here.. why not upgrade to an adult phone?

This perfectly sums up the shortfalls of Trumpian populism in the face of Late Stage Capitalism.

you know how trolls respond in games or everywhere online? Exactly like this. Did Don forget to breath while writing that run-on sentence?

And so Apple's breakdown begins. Trump smashing their overrated market position in the US. It's the first time I would support his BS decisions.

Apple should just not sell them in the US then.

Krasnov fails to realize the shareholders hold the power to decide manufacturing sites.

Thank you very much Tim Apple

Tim Apple make your phones in America the king has spoken.

How long ago?

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!

Thank you for your attention to this matter.

Who does he think he's talking to?

here we go again with he tariffs. his friends made back some money after the last crash he caused so now he can go back to crashing it

He makes the Smoot-Hawley Tariff Act like minimal in comparison