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#economics

728 posts241 participants10 posts today
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unusual_whales

For example, Trump’s tariffs will push up the cost of Apple, $AAPL, iPhone components to $846 from $549

Read more: t.co/TUHsFExI0b

Unusual Whales - News · Trump’s tariffs will push up the cost of Apple, $AAPL, iPhone components to $846 from $549Your beloved iPhone might be about to get significantly more expensive, thanks to a new wave of global tariffs introduced by U.S. President Donald Trump. The sweeping trade measures are expected to reshape the flow of goods worldwide, and analysts warned Thursday that consumer electronics like iPhones could be among the most affected—potentially seeing price hikes of 30% to 40% if Apple decides to pass the additional costs on to buyers. Currently, most iPhones are manufactured in China, which w
#news#finance#economics
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unusual_whales

Many now fear a repeat of the devastating 'Black Monday' from October 19, 1987, when the Dow Jones Industrial Average plummeted by 22.6 percent, the largest one-day percentage drop in history.

Read more: t.co/Xlxx4VP4jx

Unusual Whales - News · Hedge funds are facing Lehman-style margin calls due to the market crash triggered by President Donald Trump's tariffsHedge funds are currently grappling with substantial margin calls reminiscent of the 2008 financial crisis, as a market downturn triggered by President Donald Trump's recent tariff announcements has heightened fears of an impending financial collapse. The sharp decline in market values has compelled hedge funds to liquidate assets, with major Wall Street banks demanding additional collateral due to the rapid devaluation of holdings. This situation has raised concerns about a potential repeat of
#news#finance#economics
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M. Grégoire

I see that an Australian economist shares @pluralistic 's idea that a suitable reaction to the #TrumpTariffs is to weaken IP laws benefitting US corporations.
gross.substack.com/p/the-smart

Mr. Doctorow suggests cancelling legal penalties protecting DRM; Prof. Gross favours weakening patent protection of American pharmaceutical companies.

Unlike counter-vailing tariffs, these are measures that would hurt US business and benefit other countries.

Gross National Product · The Smart Way to Retaliate Against Trump’s TariffsBy Zac Gross
#economics#uspol
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unusual_whales

The cheapest iPhone 16 model was launched in the U.S. with a sticker price of $799, but could cost as much as $1,142, per calculations.

Read more: t.co/TUHsFExaaD

Unusual Whales - News · Trump’s tariffs will push up the cost of Apple, $AAPL, iPhone components to $846 from $549Your beloved iPhone might be about to get significantly more expensive, thanks to a new wave of global tariffs introduced by U.S. President Donald Trump. The sweeping trade measures are expected to reshape the flow of goods worldwide, and analysts warned Thursday that consumer electronics like iPhones could be among the most affected—potentially seeing price hikes of 30% to 40% if Apple decides to pass the additional costs on to buyers. Currently, most iPhones are manufactured in China, which w
#news#finance#economics
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