Trump tells Apple to make products in U.S. to avoid China tariffs

[billd766]

On 9/9/2018 at 10:26 AM, mtls2005 said:

 

Actually, since it is your proposal that's down to you.

 

I worked in high-tech manufacturing in the U.S. ages ago, been there, done that. Let it go, and move to the future.

 

The "maths", or "math" as we say, has already been done.

 

Wrenching production back is stoopid, but Trump seems to want to return to the 1950's. 

 

Trump Digs Coal.

 

Next up he'll propose building coal automobiles.

 

 

 

There was always this car. The Stanley Steamer and quite a few others as well.

 

https://en.wikipedia.org/wiki/Steam_car

 

 

 

http://www.stanleymotorcarriage.com/GeneralTechnical/GeneralTechnical.htm

[billd766]

On 9/9/2018 at 11:46 AM, BestB said:

You mean like claiming to speak Thai yet not being able to string 3 words in a sentence ? Then you right once again about making silly comments ?

 

Trying to divert the topic about Trump into one about not speaking Thai properly?

 

Poor attempt and no cigar. Please try to keep on topic.

[lannarebirth]

Putting tariffs aside for the moment, you would think that a country that projects its military power around the world and has obligated itself to secure the defense of dozens of other nations would not delegate its manufacturing base to a human rights abusing, land grabbing, military escalating country such as China. Any other country would define that in terms of a national security matter, but in America people just parrot what their religious party leaders tell them to think.

[Basil B]

Unfortunately what Trump can not see is many countries will put import duties on them if they are made in the USA.

 

And China will still churn them out unbranded and at a fraction of the the cost.

Edited September 10, 2018 by Basil B

[Basil B]

3 minutes ago, Basil B said:

Unfortunately what Trump can not see is many countries will put import duties on them if they are made in the USA.

 

And China will still churn them out unbranded and at a fraction of the the cost.

and to hell with intellectual property rights.

Edited September 10, 2018 by Basil B

[Just Weird]

On ‎9‎/‎9‎/‎2018 at 8:59 AM, stevenl said:

How many of the Trump top executives have I-phones do you think?

Where is Trump buying the goodies for his companies, the promotional materials for his campaign, etc.?

If they haven't got iPhones then they'll have other phones that are not made in the US  but I'm not sure what your point is.  Are there any phones made in the US?

 

Didn't he resign from all of his companies on taking office?

[Just Weird]

On ‎9‎/‎9‎/‎2018 at 10:17 AM, Peterw42 said:

Says it all really

 

Says nothing, actually.

 

That's just one hat that's made in China.  Anyone can have a slogan stitched on to a crappy hat made anywhere, doesn't mean it's Trump's!  I can get one in the morning from MBK and it'll  be nothing to do with Trump's campaign.

Edited September 10, 2018 by Just Weird

[lannarebirth]

33 minutes ago, lannarebirth said:

Putting tariffs aside for the moment, you would think that a country that projects its military power around the world and has obligated itself to secure the defense of dozens of other nations would not delegate its manufacturing base to a human rights abusing, land grabbing, military escalating country such as China.

 

Quote

Any other country would define that in terms of a national security matter, but in America people just parrot what their religious party leaders tell them to think.

 

Who are only parroting what their "mega-donors" tell them to say.

[simple1]

5 hours ago, Just Weird said:

Says nothing, actually.

 

That's just one hat that's made in China.  Anyone can have a slogan stitched on to a crappy hat made anywhere, doesn't mean it's Trump's!  I can get one in the morning from MBK and it'll  be nothing to do with Trump's campaign.

Trump has claimed copyright for Make America Great Again, yet another example of his conman activity. When will the Trump family business cease outsourcing to China, Trump profits from the various businesses, to demonstrate their sincerity? Just highlights the contempt emanating from Trump.

[jerojero]

China will cave...or go under. Got to pay for all those empty shopping malls and you aint getting moolah if your biggest customer is pissed off....

Wrong. China poised to surpass USA as largest economic entity soon. We are witnessing the beginning of thre fall of the American empire thanks to Trump. Sad.

[Scott]

Troll posts and replies removed.

 

[jimmyyy]

If we don't buy the communist goods, the communists go under.  We are by far their largest market.  Fair trade, you buy 500 Billion worth of US products, we buy 500 billions of Commie products.  Anything else is not going to work for America anymore.  Anything of Chinese origin will simply be turned around at the border, you all don't seem to get it.  Globalism is dead, your feelings don't change facts, and the US economy grew 4.2%.  Lowest unemployment rates in decades, welfare use has dropped dramatically.  This is what matters to the average American.  Like I said, trade needs to be balanced and fair or we will simply shut the damn gate. 

 

As for a war, the Chinese communists would be slaughtered short of nuclear, and they better get it done on the first strike, because we will launch 3 waves before they can fuel anything beyond their meager first strike and they will be left burning on the launchers. There subs make to much noise, that junk carrier and those fake islands won't last 1 hour against PACAF.  No <deleted> will be given. 

[bristolboy]

3 minutes ago, jimmyyy said:

If we don't buy the communist goods, the communists go under.  We are by far their largest market.  Fair trade, you buy 500 Billion worth of US products, we buy 500 billions of Commie products.  Anything else is not going to work for America anymore.  Anything of Chinese origin will simply be turned around at the border, you all don't seem to get it.  Globalism is dead, your feelings don't change facts, and the US economy grew 4.2%.  Lowest unemployment rates in decades, welfare use has dropped dramatically.  This is what matters to the average American.  Like I said, trade needs to be balanced and fair or we will simply shut the damn gate. 

 

As for a war, the Chinese communists would be slaughtered short of nuclear, and they better get it done on the first strike, because we will launch 3 waves before they can fuel anything beyond their meager first strike and they will be left burning on the launchers. There subs make to much noise, that junk carrier and those fake islands won't last 1 hour against PACAF.  No <deleted> will be given. 

On the one hand you cite how strong the American economy is but on the other you call for radical change. Confused much?

[impulse]

The kicker about this whole deal is that even if they made the IPhones in the USA, they'd still offshore the profits to their Irish subsidiary and dodge paying US taxes. 

 

They'd come out of the US factory at $150 (instead of China at $140) sold to their Irish subsidiary at cost plus $10, to be sold back to their USA subsidiary at $950, who will sell them for $1,000 and pay taxes on the $50, keeping the other $810 in profits in Ireland where they're taxed at around 1%.  Of course, the phones would never see the Irish coast, except on paper.  (I'm making those numbers up- but not the concept)

 

If individuals tried to do that with our earnings, we'd be in jail.  But corporations do it with impunity.

 

[mtls2005]

I wonder if ZTE will be granted a waiver on tariffs?

 

And Ivanka's fashion line, most/all of which is manufactured in China - assume that is still exempt from tariffs?

 

 

 

 

 

 

 

[Scott]

54 minutes ago, mtls2005 said:

I wonder if ZTE will be granted a waiver on tariffs?

 

And Ivanka's fashion line, most/all of which is manufactured in China - assume that is still exempt from tariffs?

 

Ivanka is or has closed down her clothing line.

 

http://time.com/5347458/ivanka-trump-clothing-line/

[billd766]

3 hours ago, jimmyyy said:

If we don't buy the communist goods, the communists go under.  We are by far their largest market.  Fair trade, you buy 500 Billion worth of US products, we buy 500 billions of Commie products.  Anything else is not going to work for America anymore.  Anything of Chinese origin will simply be turned around at the border, you all don't seem to get it.  Globalism is dead, your feelings don't change facts, and the US economy grew 4.2%.  Lowest unemployment rates in decades, welfare use has dropped dramatically.  This is what matters to the average American.  Like I said, trade needs to be balanced and fair or we will simply shut the damn gate. 

 

As for a war, the Chinese communists would be slaughtered short of nuclear, and they better get it done on the first strike, because we will launch 3 waves before they can fuel anything beyond their meager first strike and they will be left burning on the launchers. There subs make to much noise, that junk carrier and those fake islands won't last 1 hour against PACAF.  No <deleted> will be given. 

 

You, National Security Adviser John Bolton and POTUS fit well together.

 

None of you have ever fought in any war though TBH John Bolton did join the National Guard.

 

quote from Wikipedia 

 

US National Guard and Army Reserve service

During the 1969 Vietnam War draft lottery, Bolton drew number 185. (Draft numbers corresponded to birth dates.)[38] As a result of the Johnson and Nixon administrations' decisions to rely largely on the draft rather than on the reserve forces, joining a Guard or Reserve unit became a way to avoid service in the Vietnam War, although 42 Army Reserve units were called up with 35 of them deployed to Vietnam shortly after the Tet offensive in '68–'69.[39][40] Before graduating from Yale in 1970, Bolton enlisted in the Maryland Army National Guard rather than wait to find out if his draft number would be called.[41][42] (The highest number called to military service was 195.)[43] He saw active duty for 18 weeks of training at Fort Polk, Louisiana, from July to November 1970.[42]After serving in the National Guard for four years, he served in the United States Army Reserve until the end of his enlistment two years later.[5]

He wrote in his Yale 25th reunion book "I confess I had no desire to die in a Southeast Asian rice paddy. I considered the war in Vietnam already lost."[44] In an interview, Bolton discussed his comment in the reunion book, explaining that he decided to avoid service in Vietnam because "by the time I was about to graduate in 1970, it was clear to me that opponents of the Vietnam War had made it certain we could not prevail, and that I had no great interest in going there to have Teddy Kennedy give it back to the people I might die to take it away from."[45][46][47]

 

And how will that improve anything? Are you willing to be the first person to attack China or are you happy to let other people die for you?

 

The USA does not have enough men, ships, aircraft available in the right place to handle a war against China.

 

Thanks to the orange POTUS you have few if any allies who would be willing to help you.

 

You need to take your meds, get some comic books to read and lie down in a darkened room.

Edited September 11, 2018 by billd766

[bristolboy]

What nobody so far seems to have noted is that  China is responsible for very little added value  on Apple products. For example, the Iphone 10's manufacturing cost is reckoned to be about $370, It's estimated that Chinese manufactures get anywhere from 3 to 6 percent of that. The most expensive components come from nations other than China. It's just that import costs are assigned to the last country the product was in before shipping to the USA.

https://uk.reuters.com/article/uk-usa-trade-china-apple/designed-in-california-made-in-china-how-the-iphone-skews-u-s-trade-deficit-idUKKBN1GX1HJ

[Rhys]

....just as soon  as his ties are made in the USA

[Lungstib]

6 hours ago, jimmyyy said:

Lowest unemployment rates in decades, welfare use has dropped dramatically. 

From Quartz;  Despite the rumored labor shortage that the media’s been hyping, the share of working-age Americans who have jobs or are trying to get them continues to slip. The labor force participation rate—the share of the civilian population ages 16 and older that is working or looking for work—dropped again in May. Now only 62.7% of people in that group have jobs or are actively trying to find one. (That’s about the same as in the late 1970s, before women joined the workforce en masse.)

From Newsweek;   Those cuts must come from somewhere, and the solution could be decreasing eligibility for who can receive benefits. “There’s no way you get that much money without cutting benefits to people who qualify for the program,” says Bolen, of the Center on Budget and Policy Priorities. The Center for American Progress has calculated that Trump’s proposal could eventually cut benefits to 8 million households per year.

 

Not quite how you see things is it? 

[candide]

7 hours ago, bristolboy said:

What nobody so far seems to have noted is that  China is responsible for very little added value  on Apple products. For example, the Iphone 10's manufacturing cost is reckoned to be about $370, It's estimated that Chinese manufactures get anywhere from 3 to 6 percent of that. The most expensive components come from nations other than China. It's just that import costs are assigned to the last country the product was in before shipping to the USA.

https://uk.reuters.com/article/uk-usa-trade-china-apple/designed-in-california-made-in-china-how-the-iphone-skews-u-s-trade-deficit-idUKKBN1GX1HJ

It confirms what I posted previously. Tariffs will actually tax US, Japanese and Korean components that constitute the main share of Iphone's cost. ?

[bristolboy]

7 hours ago, Lungstib said:

From Quartz;  Despite the rumored labor shortage that the media’s been hyping, the share of working-age Americans who have jobs or are trying to get them continues to slip. The labor force participation rate—the share of the civilian population ages 16 and older that is working or looking for work—dropped again in May. Now only 62.7% of people in that group have jobs or are actively trying to find one. (That’s about the same as in the late 1970s, before women joined the workforce en masse.)

From Newsweek;   Those cuts must come from somewhere, and the solution could be decreasing eligibility for who can receive benefits. “There’s no way you get that much money without cutting benefits to people who qualify for the program,” says Bolen, of the Center on Budget and Policy Priorities. The Center for American Progress has calculated that Trump’s proposal could eventually cut benefits to 8 million households per year.

 

Not quite how you see things is it? 

I remember when the right wing was citing labor participation rates as proof that the economy wasn't recovering under Obama. The fact is, the labor participation is going to keep on shrinking because of the large number of baby boomers now retiring. It wasn't a valid way to measure employment then and it isn't now.

[lannarebirth]

1 hour ago, bristolboy said:

I remember when the right wing was citing labor participation rates as proof that the economy wasn't recovering under Obama. The fact is, the labor participation is going to keep on shrinking because of the large number of baby boomers now retiring. It wasn't a valid way to measure employment then and it isn't now.

 

The LPR is a measure of the "active" portion of the available labor pool. Retirees by definition would not be included in that measure. Although I suppose some might be if they retired earlier than is the norm.

[bristolboy]

34 minutes ago, lannarebirth said:

 

The LPR is a measure of the "active" portion of the available labor pool. Retirees by definition would not be included in that measure. Although I suppose some might be if they retired earlier than is the norm.

No, what you're referring to is the active labor force. That is then computed as a percentage of the entire population aged `16+ with the exception of those in the military, the disabled, and the institutionalized. That percentage is the LPR or rather LFPR

https://www.thebalance.com/labor-force-participation-rate-formula-and-examples-3305805

 

 

Edited September 11, 2018 by bristolboy

[lannarebirth]

25 minutes ago, bristolboy said:

No, what you're referring to is the active labor force. That is then computed as a percentage of the entire population aged `16+ with the exception of those in the military, the disabled, and the institutionalized. That percentage is the LPR or rather LFPR

https://www.thebalance.com/labor-force-participation-rate-formula-and-examples-3305805

 

 

From your same site:

 

 

Quote

For example, stay-at-home moms, retirees, and students are not part of the labor force

 

https://www.thebalance.com/labor-force-definition-how-it-affects-the-economy-4045035

[bristolboy]

1 minute ago, lannarebirth said:

From your same site:

 

 

 

https://www.thebalance.com/labor-force-definition-how-it-affects-the-economy-4045035

Right They are npt part of the labor force. The are part of the 16+ population. And the labor force participation rate is the labor force/ 16+ population that includes everyone except the military, the institutionalized and the disabled.

[bendejo]

On 9/8/2018 at 6:12 PM, Chomper Higgot said:

I wonder how long it takes to build a factory to produce ‘Apple’ products, build the factories to supply the basic components and materials, procure, install and commission the production machinery and systems, establish the supply logistics, find and train the necessary staff?

 

If they start today maybe it will be finished by the time all this tariff nonsense has gone away, and the whole project goes down as a loss.

 

 

[khundon]

Why would Apple move  iPhone production back to the US?

Apple don’t even bring their profits back, Billions kept in off shore tax havens. 

[micmichd]

On 9/9/2018 at 7:39 AM, Nyezhov said:

China will cave...or go under. Got to pay for all those empty shopping malls and you aint getting moolah if your biggest customer is pissed off....

Customer Trump is pissed off? So sad ?

[sebastion]

Companies have a worldwide success by moving the factory to the cheap labour (China) or bringing the cheap labour to the factory (Mexicans and no wall). 
Yes, you may end up with a captive US market and everyone is happy to pay more because it has "Made in US" on the box, the rest of the world isnt going to buy the now expensive product.
You have gone from selling iphones to the whole world to selling iphones to 300 million Americans. Who will buy their next phone in some grey parallel import economy or when on holidays.

You obviously don't get it.
If want access to the biggest economy on earth you need to pay a tariff if building it offshore.
All other nations do this.
Look at Thailand's import duties. America also gets hit with tariffs importing to Thailand but cars built here that go to the U.S only get a 2.5% tax rate.

America has been screwed by its own political class and Trump is fixing it.


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