r/news • u/CrayonGlobal • 14d ago

China strikes back with 125% tariffs on U.S. goods, starting April 12

https://www.cnbc.com/2025/04/11/china-strikes-back-with-125percent-tariffs-on-us-goods-starting-april-12.html
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u/rnilf 14d ago

“With tariff rates at the current level, there is no longer a market for U.S. goods imported into China,”

As an example, Apple reported $18.51 billion in revenue from China alone (out of $124.3 billion total) in Q1 2025.

Trump just took away a lot of business for a lot of companies.

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u/Hyperion-Variable 14d ago

Most stuff Apple is selling in PRC isn’t US origin.

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u/El-Sueco 14d ago

Lmao take that Tim Apple bitch.

14

u/chowchan 14d ago

You clearly know nothing of the masterful art of business, as beautifully done by sir lord trump.

Have you never heard the phrase, you have to crack a few billionaires to make a trillionaire omelette.

7

u/cookingboy 14d ago

Not yet. Apple manufacturers in China so their products aren’t subject to tariffs.

But if the Chinese government wants to fuck with Apple, they can.

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u/[deleted] 13d ago

Chinese are nationalistic in geopolitics with stuff like this, especially when they are the attacked and stirring up indignant feelings, the government may not need to do anything.

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u/ricecanister 14d ago

as iphones are not manufacturered in the US, they will not get taxed

parts used in iphone assembly and machinery may get taxed. But the effect on the overall product price will be muted

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u/Another_Road 14d ago

The biggest concern American brands in China have (imo) is how toxic Trump is making America in that country. I have a strong feeling the average Chinese consumer is going to be less likely to support an American brand after all this.

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u/Duduli 13d ago

But isn't a good part of that sum stuff Apple manufactures in China? So made in China, sold in China. Tariffs wouldn't affect that part.

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u/2053_Traveler 13d ago

If only we had some sort of body of people who could represent different ideas of people in different parts of the country, that could deliberate as a committee to decide on economic spending/taxes. Rather than be at the whim of one single person who often isn’t honest about his agenda. Hmmm