Trumpenomics
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Of course it would cost way more than 25% of the iPhone price just to manufacture them here, to say nothing of the cost of building new plants, etc, to accommodate a policy that will be voided by the next administration. So we'll get more expensive phones AND no jobs.
Win-win!
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Tim Cook made a valiant effort to explain things to him in the white house last week, but apparently to no avail. Trump lives in his own economic reality. So, this will just be a drag on America's greatest company, to no benefit to anybody, other than maybe Apple's international competition.
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Tim Cook made a valiant effort to explain things to him in the white house last week, but apparently to no avail. Trump lives in his own economic reality. So, this will just be a drag on America's greatest company, to no benefit to anybody, other than maybe Apple's international competition.
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I vaguely recall there is a political ideology that says the government centrally controls what you produce. What's that called again?
@Axtremus said in Trumpenomics:
I vaguely recall there is a political ideology that says the government centrally controls what you produce. What's that called again?
The Democrat Party. Congratulations on getting a Democrat in the White House.
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Back to 50% tariffs for the EU.
https://truthsocial.com/@realDonaldTrump/114556968834547173
... Our discussions with them are going nowhere! Therefore, I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025. ...
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New terminology for the market: the TACO trade.
https://www.cbsnews.com/amp/news/trump-taco-trade-trump-always-chickens-out-what-it-means/
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That’s a stupid approach to take from a markets analyst. He’s actually trying to goad Trump into not reconsidering tariffs and to pull the trigger…
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Hmmmm .....
Court of International Trade halted Trump's tariffs.
