I guess I was wrong about Trump eventually backing off tariffs. Today he threatened Apple with 25% tariffs and Europe with 50% tariffs. This guy is an absolute buffoon who is screwing around with people’s hard earned retirement money. I hope Tim Cook has the balls enough to stand up and not cave.
Apple intends to have all US bound iPhones made in India and China will make the rest of the world’s iPhones. Trump made a deal with India for 10% tariffs. Now he is going I single out one company and charge 25% only to Apple? This is absolute madness.
Apple intends to have all US bound iPhones made in India and China will make the rest of the world’s iPhones. Trump made a deal with India for 10% tariffs. Now he is going I single out one company and charge 25% only to Apple? This is absolute madness.