Holding Apple ransom.
China is Apple's largest market and Tim Cook is heavily committed to China.
Fortune
China Threatens to Cut iPhone Sales Over Trump Rhetoric
Don Reisinger
Reuters
In phone call, China's Xi tells Trump cooperation is only choice
Fortune
China Threatens to Cut iPhone Sales Over Trump Rhetoric
Don Reisinger
In phone call, China's Xi tells Trump cooperation is only choice
Michael Martina and Steve Holland
5 comments:
What happens to the value of cell phone paper if all of a sudden the US price for cell phones increases by 35%?
ps: 35% in USD terms....
But how does the 99% benefit form this, instead of the 1% who do hold that paper, Matt?
MRW, it is a scientific question not a political one...
And if any of that paper is in ERISA accounts then it is not the 1% who would benefit...
We have to consider what the effects of these tariffs would be if Trump is able to pass them...
Matt, if it's tariff, then a removal of that cash is from the real economy. No?
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