Apple is currently directly in the line of fire of President Donald Trump’s latest tariffs set to kick in on April 9th, despite years of efforts to shield the company from trade conflicts and supply chain chaos. The White House’s extensive new levies, announced Wednesday, are set to strike the company hard, sparking an after-hours stock plunge on Wednesday that carried into Thursday trading. These reciprocal tariffs will climb to 34% for China, pushing the total rate on Chinese goods to 54% and jeopardizing Apple’s supply chain, which remains deeply rooted in the Asian nation.
[The] tariffs also cover Apple’s other manufacturing centers, undercutting efforts to shift away from China. Though the company still produces the majority of its US-sold devices in Chinese factories, Apple now makes its wares across a swath of nations.
• India, where Apple is increasingly building iPhones and AirPods, is getting a 26% reciprocal tariff.
• Vietnam, where the company now makes some AirPods, iPads, Apple Watches and Macs, will be hit with a 46% levy.
• Malaysia, where Apple is increasingly making Mac computers, will have a 24% tariff.
• Thailand, where the company also makes some Macs, will get a 36% levy.
• Ireland, within the European Union, gets a 20% tariff. Apple produces some iMacs there.
The announcement jolted investors, who have grown increasingly concerned that tariffs will hurt Apple’s bottom line.
MacDailyNews Take: As we wrote back in March:
There’s an exceedingly simple way for countries to avoid reciprocal U.S. import tariffs. Whatever tariff level you want is the tariff level you impose. If you don’t wish to face U.S. import tariffs, don’t impose tariffs on U.S. products and services.
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Get off America’s back, world. The free ride is finally over.
AAPL at these prices, hopefully even lower, is a steal!
I have added big time to my AAPL. Will take some time for the panic to wear off, but its a good bet as I see it. When times are uncertain, you need to have your money either off the table or in something that generates a lot cash and has a rock solid customer base. As usual, it will probably go lower that my buy in at $203.93, but I am sitting on this one baby.
In an effort to recapture $10 per device of assembly value, Trump is vaporizing America’s most valuable wealth creation success story.
Actually, we’re not recapturing it because consumer electronics have always been a product of Asian assembly. America never made consumer electronics at scale, ever.
Also important to point out these are not “reciprocal tariffs” despite what the president calls them. Trump is not imposing tariffs in response to tariffs imposed on US goods. You have to beyond the headlines to understand that.
Worst of all, these tariffs are both a tax on US consumers, and a motivation to reshape global trade away from the United States. Everything costs more and we get a smaller share of the global economy.
trump is destroying American democracy, the American economy, and America’s standing in the world.
question is, what he’ll destroy next while the lemmings he’s conned continue to embrace one pathological lie after the next?
(hint: this isn’t “just another dip”)
First America is not a democracy second, you’re an idiot. 🤣
He sure is. America has been screwed by our government raiders., mostly democrat’s. I voted democrat for 43 years NEVER AGAIN. The democrat part has been STEALING 1 to 2 trillion $$$ of tax payer money in the USaid and copy cat orgs like that, for the last 20 years of their wholesale corruption. All hidden, paying for protests paying off news stations and making them into propaganda wings of the ONCE and now debunked Stalincrat party. I left the left because of the wholesale HATE the party spews. I am ashamed I was voting for these sub-humans the last 15 years they stole everything from America, not to mention the pathetic racists they are too, as they lie right to your face calling the right racist, OH PLEASE!! with your weaponized Propaganda.
And you are a stupid brain-dead fascist chud.
We were lied by the Democrats, but we are waking up and smelling the coffee ☕️ now. We are not going to vote Democrats going forward. That’s it, no more being foolish again ever.
Joe, you forgot to say, “Orange Man Bad” and Trump is a Russian agent. Please revise/add.
Curious, were you at ANYTIME in the last 4 yrs, able/willing to replace Biden in the 1st sentence…or did you revel/ignore in Afghanistan departure, freezing of Russian assets, Chinese “weather” balloons floating over US borders, immobilization of FEMA funds/assistance for North Carlolinian’s (hurricane need), record flooding of borders with criminal aliens that killed/raped/destroy and….
I’m not a Biden shill, my friend, but those are all trivial compared to the destruction of American democracy and the American economy by a pathological conman.
Apple stock is on SALE! Buy Buy Buy 🥳$$$$
Donald J Trump, A True Amercain HERO🇺🇸
If you like trump, you are the enemy.
“There’s an exceedingly simple way for countries to avoid reciprocal U.S. import tariffs. Whatever tariff level you want is the tariff level you impose. If you don’t wish to face U.S. import tariffs, don’t impose tariffs on U.S. products and services.”
The flaw in this thinking is that these are NOT “reciprocal tariffs”. Trump didn’t impose tariffs in response to tariffs imposed on U.S. products and services.
The tariffs were calculated based on Americans buying more goods from these countries than these countries bought from the U.S.
We buy seafood from Saint Pierre and Miquelon, but Saint Pierre and Miquelon didn’t need anything from us. So Trump taxes Americans 100% when they buy seafood from them, and they still don’t need anything from us. (And if we buy less from them, they’ll have to find other markets for their seafood.)
That gets us nowhere.
There’s an exceedingly simple way for the USA to avoid reciprocal country import tariffs. Whatever tariff level you want is the tariff level you impose. If you don’t wish to face country import tariffs, don’t impose tariffs on country products and services.
There, that’s better.