Financial markets have been roiled since President Trump imposed stiff tariffs on China, where Apple and other tech companies make many of their products.
  • dhork@lemmy.worldEnglish
    0·
    9 days ago

    Basically, a lot of the important shit that the CEOs of companies who contributed to his campaign depend on. So, he is caving, but only for his big donors.

    I hope China doesn’t back down, though, and keep their counter-tariffs in place until all our dumb tariffs are taken away. Bullies only understand force.

      • eldavi@lemmy.mlEnglish
        0·
        9 days ago

        these electronics are literally made in china; it would be hard to image that they won’t take some sort of action.

  • xyzzy@lemm.ee
    0·
    9 days ago

    As a side note, can you imagine being an accountant and trying to keep track of the tariff declarations that are changing daily?