Apple rapidly shipped five planeloads of iPhones and other products from India to the US in late March to avoid new tariffs, ensuring steady prices temporarily. This pre-tariff move helps delay global price revisions. Other exports like gems and jewellery also surged to capitalize before the tariffs took effect. March exports are estimated to surpass $800 billion.
It doesn’t, nor should it prevent them, if I’m being blunt. A 100%+ tariff on the country where they produce their shit is tantamount to telling them as a company that they’re simply not allowed to make any profit anymore whatsoever, within the United States. And it would basically force them to operate as a de facto charity if they didn’t raise their prices in the US as a result. Which - for those in the back - is precisely the fucking point everyone is making about tarrifs and how stupid they are. This is all just a money grab by orangeboi.
This isn’t me being an Apple Stan; this is just simple economics. It’s applicable to ANY company that’s producing stuff in China.
Also, if orangeboi tries to do some sort of executive order of “Tim Apple isn’t allowed to raise his prices in the US”, that’s a nakedly apparent shakedown.
I see your point but I have hard time giving any fucks about shit mega corpo getting hurt after Tim apple went and sucked trump off on TV
They deserve each other. Only thing I care about is working folk getting fucked but that has been going since Civilization started and we just bare it some of even worship the regime and their whores.
I get that - again, not trying to shill for Apple here. My point is that it sets an incredibly dangerous and overt precedent if it ends up panning out like that.