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IceTempt
@IceTempt
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Tech
2025-08-01 19:38:02
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Apple's Tim Cook Talks Trump Tariffs and AI
On Thursday, Apple CEO Tim Cook said the Silicon Valley company could end up spending nearly $2 billion thanks to President Donald Trump’s tariffs. “For the June quarter, we incurred approximately $800 million of tariff-related costs,” Cook told investors on an earnings call. He added that the company expects those costs to climb to $1.1 billion in...
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toglife
@toglife
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Tech
2025-08-06 19:57:03
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Companies Find Potential Way to Avoid Trump Tariffs and Keep Prices Low
Donald Trump’s tariff regime has been scoffed at by business leaders and world economists (Larry Summers, for instance, called it both “crazy” and “dumb”), but the White House hasn’t backed down from its highly unconventional program. The tariffs, which are taxing American businesses on their imports, are reportedly generating billions of dollars in...
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cenkzozan
@cenkzozan
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Tech
2025-07-08 18:20:05
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Consider Purchasing a Nintendo Switch 2 Before Tariffs Increase Costs
Nintendo’s Switch 2 may have avoided a tariff-related disaster at launch, but today is a new day full of fresh economic horrors, and that means (unfortunately for everyone) potentially new and more draconian U.S. tariffs. In letters to 14 countries sent on Tuesday, President Donald Trump threatened to drastically hike tariffs by as much as 40% by...
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LavenderBreeze34
@LavenderBreeze34
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Tech
2025-07-21 18:52:02
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Here Comes the Pain From Trump's Tariffs
As Donald Trump has given the automotive industry whiplash with his tariffs, which have, at different periods, applied to cars and car parts or haven’t applied at all. While it was hard to tell how the import tax would hit auto manufacturers, the impact is starting to look more concrete, and it ain’t pretty. As CNBC notes, Stellantis, the maker of...
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hewil109
@hewil109
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Tech
2025-08-20 12:54:02
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John Deere Hit With Layoffs Amidst Trump's Idiotic Tariffs
Donald Trump’s tariff policies are generating billions of dollars for the federal government by sucking it out of American businesses via import duties. Some companies seem to be feeling downstream impacts from the government’s unconventional new policies, and it may even be resulting in job losses for the sort of companies that sell to Trump’s...
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