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#customs

36 posts23 participants2 posts today
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@kobilacroix OFC #Greedflation will mean that corporations like #Apple will just 1:1 the prices even if the #USD:#EUR goes 2:1.

  • They already did it that in the past, and when the $:€ was >1,60:1, it was cheaper for folks to fly to #NYC, sleep one bight in a hotel, buy an #iPhone and fly back to #Germany with #customs & #ImportTax paid...

And yes, I knew a time when people got paid to order for pickup Apple devices in the #USA, fly back with them and properly declare them at customs because even at 2x19% tax + buying new chargers it was cheaper than accepting 60% price gouging.

  • So just because the #iPhone will get 104% tariffs in the #US and the #EU production never enters the US it'll likely get parity by numbers because Apple always flexes numbers in disadvantage for buyers!

Also no #retailer will accept sucking up the losses, cuz even if Apple were to make 80% margin on their devices at their stores, they'd be in the red without raising prices...

  • But in essence you're correct: #Consumers WILL GET SHAFTED and not the corporations - that's how it's always been! (Ask Brazilians about non - domestic-built game console prices!)…

alojapan.com/1239638/trumps-ta Trump’s Tariffs Imperil the Fortunes of a Nissan Factory Town #automobiles #Customs(Tariff) #DonaldJ #FactoriesAndManufacturing #InternationalTradeAndWorldMarket #Japan #JapanNews #JapanTopics #Kanda #KyushuJapan #news #NissanMotorCo #trump Kanda, a small town encircled by mountains on Japan’s southeast coast, is hundreds of miles from any major centers of business or politics. But recently, the only thing on its residents’ minds is President…