Monday, November 14, 2016

Don Reisinger — China Threatens to Cut iPhone Sales Over Trump Rhetoric


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
Michael Martina and Steve Holland

6 comments:

Matt Franko said...

What happens to the value of cell phone paper if all of a sudden the US price for cell phones increases by 35%?

Matt Franko said...

ps: 35% in USD terms....

MRW said...

But how does the 99% benefit form this, instead of the 1% who do hold that paper, Matt?

MRW said...

from. fucking autocorrect.

Matt Franko said...

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...

MRW said...

Matt, if it's tariff, then a removal of that cash is from the real economy. No?