Trump: Significant steps toward ultimate goal of ensuring that iPhones sold in the US are made in the US | Metals Mine

  • Trump: Significant steps toward ultimate goal of ensuring that iPhones sold in the US are made in the US

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Abouelzelouf
Aug 6, 2025 4:38pm
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Quoting Trader#D86C
Who cares. IPhones are for kiddies who like Instagram.
Over 50% of smartphone users in the US own an iPhone, this is a big deal specially for apple.
Apple generated $390.8 billion revenue in 2024, 51% came from iPhone sales.
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ffghost
Aug 6, 2025 6:20pm
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There must be more to this. 100% tariff on "chips"? So, you want end product mfg in America. Okay. Way more expensive labor. But sure. Now, you want to bring 100% or the CHIP here too? Beyond the fact that it will take years for chip plants to be built, it is not practical to say "all chips can and will be built in America". I mean, a simple cell phone probably has 200+ individual parts inside. When you start talking about higher end phones, the sensor components alone number in the dozens. I am sure we are missing something....or the /nq would be tanking right now.
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TimmyBTrades
Aug 6, 2025 5:49pm
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Quoting Trader#8DFE
{quote} And your explanation for stock futures gapping UP on this news is what, if margins evaporate? Opinions are meaningless, price is reality.
Futures up because this was best case chips tariff. The exemption is so ill defined and large that few will pay, so the effective tariff will be much much lower.

If I run a chip company I would just announce plans then keep pushing back until DT's term is over.

This is their substitute for the Chips Act, but with the stick instead of the carrot.
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ffghost
Aug 6, 2025 6:23pm
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Quoting Trader#A2E5
Apple 203 yesterday, 220 right now. Yep terrible news, obviously everything falling apart with Apple up 17.
Apple is up so much (in my uneducated opinion) because they no doubt "kissed the ring" by amazing they would invest in the US. That probably buys some exemption status on US phones until the factories are up and running or something. Since that takes years, this is moot until then. .....at least it is something like that. It has to be.

To be fair, Apple has not participated in the April>August upside like the other major mag7 players, so it could also be a little catch up ?
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Nordling
Aug 6, 2025 4:54pm
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Quoting Trader#D86C
Who cares. IPhones are for kiddies who like Instagram.
Go back to stone age grandpa.
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Vancarbon
Aug 6, 2025 5:02pm
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This is getting interesting now .

Watch those Corporate margins evaporate .
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aldonin
Aug 6, 2025 5:37pm
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Another price increase in favor of Taco. Americans are happy to pay an additional 50% duty. Soon America will become an open-air museum.
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Fb1
Aug 6, 2025 5:28pm
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This is totally unfair. Why put a tariff on only chips, what about battered/crumbed fish and burgers? This is just going to make Donald's Maccas diet much more expensive, he might starve to death, poor guy.
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Trader#8DFE
Aug 6, 2025 5:42pm
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Quoting Vancarbon
This is getting interesting now . Watch those Corporate margins evaporate .
And your explanation for stock futures gapping UP on this news is what, if margins evaporate? Opinions are meaningless, price is reality.
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DumpIt
Aug 6, 2025 5:51pm
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Excluding certain companies from this tariff certainly won't be legal...
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Trader#D86C
Aug 6, 2025 6:13pm
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Quoting Nordling
{quote} Go back to stone age grandpa.
Do you share this to tiktok and insta with some little rocketship emojs??
Run along little boy and get back some selfies in mirror...
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Trader#6299
Aug 6, 2025 6:31pm
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Quoting ffghost
{quote} Apple is up so much (in my uneducated opinion) because they no doubt "kissed the ring" by amazing they would invest in the US. That probably buys some exemption status on US phones until the factories are up and running or something. Since that takes years, this is moot until then. .....at least it is something like that. It has to be. To be fair, Apple has not participated in the April>August upside like the other major mag7 players, so it could also be a little catch up ?
Yes, playing catch up and yes I assume getting exemptions. People haven’t realized that companies can get exemptions from doing what big T wants.
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Trader#63FA
Aug 7, 2025 6:15am
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Quoting ffghost
There must be more to this. 100% tariff on "chips"? So, you want end product mfg in America. Okay. Way more expensive labor. But sure. Now, you want to bring 100% or the CHIP here too? Beyond the fact that it will take years for chip plants to be built, it is not practical to say "all chips can and will be built in America". I mean, a simple cell phone probably has 200+ individual parts inside. When you start talking about higher end phones, the sensor components alone number in the dozens. I am sure we are missing something....or...
What "we're" missing is that while this tariff is looking at chips and chip manufacturing, Trump also mentioned that companies that "invest" in building (any sort of building - basically "assembling") electronics or sub-components in US will be be getting exemptions for imported chips.

He want's to show investments in the US markets - assembly lines, workers/wages, some manufacturing increases, etc.

In the long run he wants direct chip manufacturing, but he probably knows that's not possible at this point.
A good chunk of what he is saying and some of his "play it stupid" stuff is dramatized for artistic effect.
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Trader#7279
Aug 6, 2025 5:01pm
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Trump on Monday
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Trader#F2D0
Aug 6, 2025 5:44pm
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Nvidia up over a point, Apple flying up 3% after hours. Keep shorting everything lol.
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Trader#A2E5
Aug 6, 2025 5:46pm
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Apple 203 yesterday, 220 right now. Yep terrible news, obviously everything falling apart with Apple up 17.
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Trader#D86C
Aug 6, 2025 4:28pm
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Who cares. IPhones are for kiddies who like Instagram.
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