Trump 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 US

Pro@programming.dev · 16 hours ago

Trump 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 US

DaddleDew@lemmy.world · 13 hours ago

‘long ago’ = 3 months ago.

It would take 10-15 years for Apple to transition to a US production even if it sank all the money it had into it and the resulting product would not be competitive at all. Apple will not even try. They will just wait for Trump to die of old age.

ExtremeDullard@lemmy.sdf.org · edit-2 16 hours ago

All Apple has to do is reduce their profit margin to 4975% to “eat” the tariff.

floofloof@lemmy.ca · edit-2 16 hours ago

Reduce profit margins? Hey ICE, we found one of those woke radical leftist illegal criminal gangster terrorists, right here!