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Trump's tariffs

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Texan77:
There was enough discussion about this that maybe it needed its own topic.

This is about some of the high tariffs Canada is supposedly charging us.

//www.youtube.com/watch?v=0lURdVBCBo8

Texan77:
This is a broad discussion about how the tariffs are more than reciprocal in many cases. Trump's data is badly flawed.

//www.youtube.com/watch?v=cKIoVaILj-w

Texan77:
The new iPhone will cost 550 to 850 dollars more now.

https://www.msn.com/en-us/lifestyle/shopping/staggering-price-of-new-iphone-after-trump-s-tariffs/ar-AA1CmZMG?ocid=msedgntp&pc=ASTS&cvid=4f1c60f0b066461281d5254fb26ceffe&ei=11

Texan77:
A White house insider observation.

Describing it as scary, Blake noted it not only may have a bearing on Trump's attitude about the sweeping tariffs he is putting in place but also for what it says about how his second term could play out.

Specifically, he cited a report from the post that included the Trump, administration insider bluntly stating, "[Trump's]... at the peak of just not giving a f--k anymore. Bad news stories? Doesn’t give a f--k. He’s going to do what he’s going to do. He’s going to do what he promised to do on the campaign trail.”

That led the analyst to point out the country is facing, "... a very different Trump presidency than the first version," with scarcely a member of his own party willing to call him out.

Noting the second-term Trump White House is stocked with Trump loyalists more than willing to do his bidding, Blake suggested, "you could scarcely rule out Trump’s deciding to go down with the tariff ship, if that’s what it comes to."

"It’s now becomes clear that the old Trump was contained because of the people around him and his own political considerations. The new Trump is a different animal," he wrote before warning, "And when he finally does go too far — and risks his fellow Republicans’ hides — they have little to fight back with. Which is what we’re seeing now. To the extent Trump does walk the party into destruction, they’ve handed him the leash."


https://www.msn.com/en-us/news/politics/scary-white-house-insider-s-observation-about-trump-should-set-off-alarms-analyst/ar-AA1CmBQf?ocid=hpmsn&cvid=523d88ea52c34cb68183a08900ac39fd&ei=17

andrewfi:

--- Quote from: Texan77 on April 06, 2025, 01:14:58 AM ---The new iPhone will cost 550 to 850 dollars more now.

https://www.msn.com/en-us/lifestyle/shopping/staggering-price-of-new-iphone-after-trump-s-tariffs/ar-AA1CmZMG?ocid=msedgntp&pc=ASTS&cvid=4f1c60f0b066461281d5254fb26ceffe&ei=11

--- End quote ---

Nope, that is not true, and it is not what the article says.

Look, I get it, reading is hard, and it can be embarrassing to have to ask one's carers for help with the hard words and sentences, but do you not have the ability to sanity check your understanding?

Here is what is written in the article: The cost of producing the latest model of its popular smartphone is set to surge from $580 to $850. That reflects the increased tariffs, although the writer clearly did some rounding for effect, as that is about 46%. Complicating matters is the fact that the recent increase is 34%; the previous 20% rate is already factored into the price USAians are paying. So, that's inaccurate.

So, your sentence should have said something like, "The new iPhone will now cost $300 more to import to the USA."

The manufacturing cost is unchanged. The tariff functions as a purchase tax paid by the consumer (although vendors and manufacturers might choose to absorb some of the tariff paid.)

The stupid price of $3,500 can only be true if there was no preexisting tariff and the new level was at 54% from a previous position of 0%. That's not the case. Secondly, the illustration (let us say 'lie') assumes that not only does Apple pass on ALL the tariff taxation to the consumer but that they also add their full profit margin to the tariff amount. That would be suicidal for the company and was invented by the article writer to scare people like semi-literate old men in Texas.

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