Pro@programming.dev to Technology@lemmy.worldEnglish · 1 month agoTrump says a 25% tariff "must be paid by Apple" on iPhones not made in the US, says he told Tim Cook long ago that iPhones sold in the US must be made in the USprogramming.devimagemessage-square235linkfedilinkarrow-up1735arrow-down128file-text
arrow-up1707arrow-down1imageTrump says a 25% tariff "must be paid by Apple" on iPhones not made in the US, says he told Tim Cook long ago that iPhones sold in the US must be made in the USprogramming.devPro@programming.dev to Technology@lemmy.worldEnglish · 1 month agomessage-square235linkfedilinkfile-text
minus-squareNutWrench@lemmy.worldlinkfedilinkEnglisharrow-up58arrow-down1·1 month agoOnce again. Companies do NOT pay tariffs. They pass on those costs of those tariffs to their customers. YOU are gonna pay that extra 25% not Apple.
minus-squareDicJacobus@lemmy.worldlinkfedilinkEnglisharrow-up4·1 month agohow long is it going to take, before you realize its too late? if they didn’t realize by now, they aren’t going to
minus-squareSoulg@ani.sociallinkfedilinkEnglisharrow-up6·1 month agoTrump will never ever admit he’s wrong, but I’m curious how the voters will react when everything costs 50% more all of a sudden. They’ll probably blame Biden somehow, but I’m curious still
minus-squareslappypantsgo@lemm.eelinkfedilinkEnglisharrow-up4·1 month agoIt’s extremely misleading to say “companies do not pay tariffs” and then immediately explain that companies do indeed pay tariffs.
minus-squareDaneGerous@lemmy.worldlinkfedilinkEnglisharrow-up2·1 month agoIs it only tariff costs that are passed on to employees and customers or are all corporate tax costs passed on to employees and customers?
minus-square/home/pineapplelover@lemm.eelinkfedilinkEnglisharrow-up2·1 month agoUnless the companies eat the tariffs. But greedy companies will pass them on
minus-squareDoorbook@lemmy.worldlinkfedilinkEnglisharrow-up1·1 month agoStill there is another side of it that also interesting. These companies has done their calculations so the cost of the product is perfect. Increasing that price means less people will buy the product.
minus-squarekent_eh@lemmy.calinkfedilinkEnglisharrow-up1·1 month ago Increasing that price means less people will buy the product. Unless your competitors are also facing the same forced price increase.
Once again. Companies do NOT pay tariffs. They pass on those costs of those tariffs to their customers. YOU are gonna pay that extra 25% not Apple.
how long is it going to take, before you realize its too late? if they didn’t realize by now, they aren’t going to
Trump will never ever admit he’s wrong, but I’m curious how the voters will react when everything costs 50% more all of a sudden.
They’ll probably blame Biden somehow, but I’m curious still
It’s extremely misleading to say “companies do not pay tariffs” and then immediately explain that companies do indeed pay tariffs.
Is it only tariff costs that are passed on to employees and customers or are all corporate tax costs passed on to employees and customers?
Unless the companies eat the tariffs. But greedy companies will pass them on
Still there is another side of it that also interesting. These companies has done their calculations so the cost of the product is perfect. Increasing that price means less people will buy the product.
Unless your competitors are also facing the same forced price increase.