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Tariffs work?

Posted on 2/25/25 at 12:25 pm
Posted by fredswaves
New Orleans
Member since Aug 2014
62 posts
Posted on 2/25/25 at 12:25 pm
I just got this today from 1440 Daily Digest. It sounds promising, and due to tariffs, no less. $500 Billion back into the US Economy ain't so bad.

Apple Boosts US Investment

Apple announced yesterday plans to invest more than $500B in the US over the next four years, marking its largest-ever spending commitment. The initiative includes hiring approximately 20,000 new employees across multiple states, primarily focused on research and development, silicon engineering, and artificial intelligence.

A significant portion will fund a new AI server manufacturing facility in Houston, Texas. The Houston facility will produce servers supporting Apple Intelligence (the company's AI-powered personal assistant system), shifting the production of these servers from outside the US to domestic facilities. The announcement comes amid renewed pressure from the Trump administration regarding tariffs on goods imported from China, where Apple assembles most of its products.
Posted by theballguy
Between Colorado & DC
Member since Oct 2011
29335 posts
Posted on 2/25/25 at 12:26 pm to
Sounds good to me even though I hate Apple's products.
Posted by TDFreak
Coast to Coast - L.A. to Chicago
Member since Dec 2009
8893 posts
Posted on 2/25/25 at 12:29 pm to
quote:

Tariffs work?
Yep....Much like walls work, despite some people arguing otherwise.

If they didn't work, why have they been used since our country's inception and by everybody else? I would wager they have been used for several hundred, maybe even thousands of years (Egyptians, Persians, Greeks, Romans).

Yep...just Googled it: "The Roman Empire used tariffs and customs duties to control trade and generate revenue."
Posted by Hawgleg
Member since Jan 2022
511 posts
Posted on 2/25/25 at 12:34 pm to
Im getting alot of calls from people wanting their shipements into Canada before the 4th to avoid tarriffs. Apparently after that they are expecting to be hit.
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