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Looks like Trump not backing off Tariffs

cernjSHU

All World
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Jul 18, 2001
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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.
 
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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.
I understand your personal frustration regarding your stock portfolio. The Chinese laborers must be really pissed that their stock incentive plans are obliterated!
 
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With all the hysteria, my portfolio is up 3% since the beginning of the year.

This is still about the long game, and the fundamentals of our economy are strong.
 
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With all the hysteria, my portfolio is up 3% since the beginning of the year.

This is still about the long game, and the fundamentals of our economy are strong.
The economy is strong despite this nonsense. But the effect of tariffs have not gone into effect. They will shortly. Moreover, to single out a single company for tariffs is pure thuggery.

As an aside, Trump admitted that Apple will pay the tariffs and not China. He has exposed his own lies.

Btw, if Trump didn’t talk about tariffs can you imagine what return you would have on your portfolio. It sure would beat that 3%
 
The economy is strong despite this nonsense.
Exactly.
But the effect of tariffs have not gone into effect. They will shortly. Moreover, to single out a single company for tariffs is pure thuggery.
And all of the tariffs have not been finalized. I don’t have a crystal ball, but I think at the end of the day, there will be tariffs but selective by country and product segments,
As an aside, Trump admitted that Apple will pay the tariffs and not China. He has exposed his own lies.

Btw, if Trump didn’t talk about tariffs can you imagine what return you would have on your portfolio. It sure would beat that 3%
Have no idea nor do you.
 
My stocks are up YTD, cern's just upset his large Apple holding takes a beating because traders overreact to what the president says.
 
why are american companies paying the tariffs? i thought he said the foreign countries would. did donald trump blatantly lie? so unlike him
 
why are american companies paying the tariffs? i thought he said the foreign countries would. did donald trump blatantly lie? so unlike him
If you’re going to get a new screen name either admit it or at least try to make an attempt at sounding different…lol
 
My stocks are up YTD, cern's just upset his large Apple holding takes a beating because traders overreact to what the president says.
So it doesn’t trouble you that Trump singles out one American company to be hit with a tariff? Targeting a company is the actions of a thug. Why is it only Apple? Why not every American company that manufactures in a different country? The economic policies of Trump are not based on anything but arbitrary desires of one person.

This should upset and bother everyone because today it is Apple, tomorrow it could be any other company. Moreover, Apple is the largest stock holding of many compnay’s pension holdings, mutual funds holdings and it effect many millions of people financially.
 
So it doesn’t trouble you that Trump singles out one American company to be hit with a tariff? Targeting a company is the actions of a thug. Why is it only Apple? Why not every American company that manufactures in a different country? The economic policies of Trump are not based on anything but arbitrary desires of one person.

This should upset and bother everyone because today it is Apple, tomorrow it could be any other company. Moreover, Apple is the largest stock holding of many compnay’s pension holdings, mutual funds holdings and it effect many millions of people financially.
There is stuff every President does that bothers me. That’s why we have elections.
 
A tariff against one specific company is never going to fly. Trump has to know this so this is probably just rhetoric to get Apple to do something.
 
A tariff against one specific company is never going to fly. Trump has to know this so this is probably just rhetoric to get Apple to do something.
That’s exactly what it is. This is his MO. He targets his comments at specific opponents to make a point, knowing that it will not stand up legally. Apple, Harvard, MSM.
 
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The responses from US companies in that survey are not good.

86% of US companies expect a revenue decrease of at least 10%.
51% of which expect a revenue decline of 25% or more.

All while 72% of US companies say costs have gone up, and 77% expect further increases and we have no idea what tariffs will look like tomorrow, in three months, in 6 months etc...
 
The responses from US companies in that survey are not good.

86% of US companies expect a revenue decrease of at least 10%.
51% of which expect a revenue decline of 25% or more.

All while 72% of US companies say costs have gone up, and 77% expect further increases and we have no idea what tariffs will look like tomorrow, in three months, in 6 months etc...
his will surely help the price of cheerios!!
 
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