In July, Tim Cook met Donald Trump in the Oval Office to deliver a simple message. “Our view on tariffs is that they show up as a tax on the consumer and end up resulting in lower economic growth,” the executive told the President. ”And sometimes can bring about significant risk of unintended consequences.” Cook […]
View More How have tariffs impacted robotics?Category: Tariffs
On stock prices and Nvidia
Yesterday’s analysis of Nvidia’s challneges triggered a surge of mail from readers. The company has lost about half of its value over the past two months, and has mostly blamed a “crypto hangover” for the problem. But as I pointed yesterday, it’s really the three Cs: “Crypto, customers, and China.” There are nuances here worth […]
View More On stock prices and NvidiaGoPro will move production of most U.S.-bound cameras out of China by next summer
China and the United States have been slapping each other with massive tariffs and more may come if the trade war continues to escalate, prompting some companies to move manufacturing out of China. One of the latest is GoPro, which announced it will move production of most U.S.-bound cameras out of China by summer 2019. […]
View More GoPro will move production of most U.S.-bound cameras out of China by next summerThe internet mocks Donald Trump’s new superhero alter-ego ‘Tariff Man’
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Donald Trump’s, uh, unique use of capitalization in his tweets has again become a gift for Twitter users.
A day after “Scott Free” became something of a meme, Trump’s Tuesday morning declaration of “I am Tariff Man” during a series of tweets about negotiations with China has taken on a life of its own across the internet.
….I am a Tariff Man. When people or countries come in to raid the great wealth of our Nation, I want them to pay for the privilege of doing so. It will always be the best way to max out our economic power. We are right now taking in $billions in Tariffs. MAKE AMERICA RICH AGAIN
— Donald J. Trump (@realDonaldTrump) December 4, 2018 Read more…
More about Twitter, Donald Trump, Tariffs, Tariff Man, and Culture
View More The internet mocks Donald Trump’s new superhero alter-ego ‘Tariff Man’Trump expands tariffs on China by another $200 billion, threatens more
By this point, you should all know the drill. Another day, another massive tariff from the Trump administration. After rumors the past few weeks that the president was considering expanding tariffs to another $267 billion worth of imported goods from China, the administration announced today that it would expand them merely to another $200 billion […]
View More Trump expands tariffs on China by another $200 billion, threatens moreApple Watch and other hardware reportedly spared by new Trump tariffs
The latest round of Trump administration tariffs is set to affect a number of different industries. At least one category previously expected to be impacted, however, is likely to be spared, according to a new report from Bloomberg. According to anonymous sources, the tariffs impacting a slew of consumer electronics, running the gamut from the […]
View More Apple Watch and other hardware reportedly spared by new Trump tariffsTrump wants to just tariff the hell out of China
Another day, another whopper of a tariff. The Trump administration has been busy finalizing the rulemaking process to put 25% tariffs on $200 billion of Chinese goods, which will almost certainly affect the prices of many critical technology components and have on-going repercussions for Silicon Valley supply chains. That followed the implementation of tariffs on […]
View More Trump wants to just tariff the hell out of ChinaWashington hit China hard on tech influence this week
After months of back-and-forth negotiations, Washington moved rapidly this past week to fend off the increasing transcendence of China’s tech industry, with Congress passing expanded national security controls over M&A transactions and the Trump administration heaping more pressure on China with threats of increased tariffs. We’ve been following the reforms to CFIUS — the Committee […]
View More Washington hit China hard on tech influence this weekNXP-Qualcomm $44B deal to clear China as Trump authorizes $50B tariffs
The U.S.-China trade battle enters an important new phase. The South China Morning Post is reporting that China’s Ministry of Commerce will clear Qualcomm’s pending $44 billion acquisition of NXP Semiconductors. One independent source also conveyed the same news to TechCrunch, although there has been no official word from Qualcomm, NXP or China at time […]
View More NXP-Qualcomm $44B deal to clear China as Trump authorizes $50B tariffsU.S. announces timeline for 25% tariff on Chinese tech products
After significant back-and-forth over the past few months, the White House intends to follow through with a pledge to place tariffs on imported Chinese technology goods while also tightening restrictions on investments by Chinese firms into American companies. In a statement posted by the White House this morning, the administration said that it would impose […]
View More U.S. announces timeline for 25% tariff on Chinese tech productsSome data science on the newly-released Trump and China tariffs
War! The Trump administration announced late last night its next daring attack on China’s unfair trade practices, and it has gone straight for the jugular, announcing that it is putting tariffs on about 1330 goods including “Parts for air conditioning machines” and “Bakery ovens, including biscuit ovens.” Including biscuit ovens! Without the heat emanating from […]
View More Some data science on the newly-released Trump and China tariffsMarkets drop sharply as China implements new tariffs against U.S.
Who would have thought a potential trade war would cause investors to sell? U.S. markets plunged today as China announced that it was implementing tariffs on $3 billion worth of American goods, mostly in agriculture and steel production. The Dow was down nearly 600 points today an hour before markets closed, and the NASDAQ was […]
View More Markets drop sharply as China implements new tariffs against U.S.