Tariff talk again

Looks like that stock indexes are set to pull back today , as remarks from President Donald Trump stoked fresh anxieties about the prospects of a near-term resolution of trade tensions between the U.S. and China. Trump told The Wall Street Journal, in an interview published late Monday, that it is “highly unlikely” that he would accept Beijing’s request to hold off on increasing tariff rates on Chinese goods from the beginning of January 2019. Apple’s shares are down in premarket action after Trump also suggested the possibility of tariffs on iPhones

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Chip makers are also facing selling pressure during premarket trade, as new or magnified tariffs are expected to hurt sales and raise input costs. 

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5 minutes ago, Meanwhile said:

Looks like that stock indexes are set to pull back today , as remarks from President Donald Trump stoked fresh anxieties about the prospects of a near-term resolution of trade tensions between the U.S. and China. Trump told The Wall Street Journal, in an interview published late Monday, that it is “highly unlikely” that he would accept Beijing’s request to hold off on increasing tariff rates on Chinese goods from the beginning of January 2019. Apple’s shares are down in premarket action after Trump also suggested the possibility of tariffs on iPhones

Should be a good buying opportunity for Apple today. Trump will throw out threats as a negotiating ploy but when push comes to shove he won't take actions to do permanent damage the company

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So now we know why Apple 1st quarter guidance is $89B - $93B for the holiday season, they are factoring in the tariffs.

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Just now, Joanna said:

So now we know why Apple 1st quarter guidance is $89B - $93B for the holiday season, they are factoring in the tariffs.

Luckily they have billions for share buybacks so the more the price falls they more they will buy back.

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13 minutes ago, Meanwhile said:

Looks like that stock indexes are set to pull back today , as remarks from President Donald Trump stoked fresh anxieties about the prospects of a near-term resolution of trade tensions between the U.S. and China. Trump told The Wall Street Journal, in an interview published late Monday, that it is “highly unlikely” that he would accept Beijing’s request to hold off on increasing tariff rates on Chinese goods from the beginning of January 2019. Apple’s shares are down in premarket action after Trump also suggested the possibility of tariffs on iPhones

There are lots of companies which will be hurt, at least temporarily. Apple is only one of many.

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1 minute ago, Ajan Bosnjacki said:

There are lots of companies which will be hurt, at least temporarily. Apple is only one of many.

This administration boasted how many jobs he was going to bring back, but under his watch he just killed 14,000 with GM's plant closures today. Now Trump continues to attack Silicon Valley 

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26 minutes ago, Meanwhile said:

Looks like that stock indexes are set to pull back today , as remarks from President Donald Trump stoked fresh anxieties about the prospects of a near-term resolution of trade tensions between the U.S. and China. Trump told The Wall Street Journal, in an interview published late Monday, that it is “highly unlikely” that he would accept Beijing’s request to hold off on increasing tariff rates on Chinese goods from the beginning of January 2019. Apple’s shares are down in premarket action after Trump also suggested the possibility of tariffs on iPhones

Tariffs are guarantied because there is no other way to pay for his tax cut.

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Just now, 李伟王芳 said:

Tariffs are guarantied because there is no other way to pay for his tax cut.

President Trump cannot possibly raise the equivalent amount in tariffs that is being foregone via tax cuts. The real idea is to cut back on American companies manufacturing in China

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President Trump suggests consumers could handle a tariff put on iPhones and laptops imported from China.

"Maybe. Maybe. Depends on what the rate is," Trump tells the WSJ. “I mean, I can make it 10%, and people could stand that very easily.”

Now, this sounds to me like a bit from "comedians in cars getting coffee" rather than president of the country being interviewed

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35 minutes ago, Meanwhile said:

Looks like that stock indexes are set to pull back today , as remarks from President Donald Trump stoked fresh anxieties about the prospects of a near-term resolution of trade tensions between the U.S. and China. Trump told The Wall Street Journal, in an interview published late Monday, that it is “highly unlikely” that he would accept Beijing’s request to hold off on increasing tariff rates on Chinese goods from the beginning of January 2019. Apple’s shares are down in premarket action after Trump also suggested the possibility of tariffs on iPhones

Intellectual property theft is a real problem but is less damaging to tech companies than the tariffs. 

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3 minutes ago, 李伟王芳 said:

Intellectual property theft is a real problem but is less damaging to tech companies than the tariffs. 

Apple can thank themselves for manufacturing in China for the past decade which has allowed China to siphon away all the IP they need to make those $300-500 phones.

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45 minutes ago, Stephen said:

Should be a good buying opportunity for Apple today. Trump will throw out threats as a negotiating ploy but when push comes to shove he won't take actions to do permanent damage the company

Why?  And what actions would you consider that would do permanent damage to the company?

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18 minutes ago, 李伟王芳 said:

Intellectual property theft is a real problem but is less damaging to tech companies than the tariffs. 

Bwahahaha!  There you go again.  IP theft is valued at $180 billion to $540 billion per year and you say it is less damaging than $50 billion in temporary tariffs!

This article is from CNN. 

How much has the US lost from China's IP theft?

Yes, even CNN, who is totally anti-Trump.

 

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7 minutes ago, esgeo said:

Felt compelled to share the most interestingly reasoned piece I have read on the subject as of late.

https://foreignpolicy.com/2018/10/11/if-the-u-s-doesnt-control-corporate-power-china-will/

Great article.  Thanks for sharing. 

Inside it is a link about China's IP theft and the scale of it is nothing short of incredible in its audacity.  And, in a surprise, considering how the article starts out about Trump, it ends up saying he's not doing nearly enough!

The Unreal Scope of China’s Intellectual Property Theft It costs our economy massively yet President Trump's response has been to shoot himself in the foot.

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