Pro@programming.dev to Technology@lemmy.worldEnglish · 2 months 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-square205fedilinkarrow-up1639arrow-down124file-text
arrow-up1615arrow-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 · 2 months agomessage-square205fedilinkfile-text
minus-squareNutWrench@lemmy.worldlinkfedilinkEnglisharrow-up54arrow-down1·2 months 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-squareslappypantsgo@lemm.eelinkfedilinkEnglisharrow-up4·2 months agoIt’s extremely misleading to say “companies do not pay tariffs” and then immediately explain that companies do indeed pay tariffs.
minus-squareDicJacobus@lemmy.worldlinkfedilinkEnglisharrow-up4·2 months 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-square/home/pineapplelover@lemm.eelinkfedilinkEnglisharrow-up2·2 months agoUnless the companies eat the tariffs. But greedy companies will pass them on
minus-squareDaneGerous@lemmy.worldlinkfedilinkEnglisharrow-up1·2 months 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-squareDoorbook@lemmy.worldlinkfedilinkEnglisharrow-up1·2 months 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-up1·2 months 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.
It’s extremely misleading to say “companies do not pay tariffs” and then immediately explain that companies do indeed pay tariffs.
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
Unless the companies eat the tariffs. But greedy companies will pass them on
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?
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.