Tuesday, February 25, 2025

Apple Pledges to Invest 500B to Avoid Tariffs

Apple said Monday it will invest $500 billion on expanding US facilities over the next four years, a move that could help it avoid new tariffs on goods imported from China.

More

With a new Texas factory and increased manufacturing support across the States, Apple has announced it will create 20,000 new American jobs as part of a four-year, $500 billion investment plan.

[image or embed]

-- AppleInsider (@appleinsider.com) February 24, 2025 at 7:37 AM

Comments

Suckers and losers.

#1 | Posted by LegallyYourDead at 2025-02-24 01:43 PM

Look at the private sector stepping up.

#2 | Posted by lfthndthrds at 2025-02-24 05:31 PM

Mr Cook is trying to continue to make a profit.

Pres Trump's tariffs would cripple Apple, so Mr Cook basically had no choice.

Back when then [candidate] Trump started talking about tariffs, I noted that he would likely use them to reward those who kiss his ring (though I might have said "ample derriere" instead of ring, but I digress).

That seems to be happening.

#3 | Posted by LampLighter at 2025-02-24 06:52 PM

"could help it avoid new tariffs on goods imported from China."

So there's a way to duck the tariffs? An out?
That's not letting the market decide, that's picking winners and losers!
(And yes, I realize that's what Trump voters voted for, even if they don't.)

#4 | Posted by snoofy at 2025-02-24 10:36 PM

@#4 ... That's not letting the market decide, that's picking winners and losers! ...

Yup.


But what is the selection criterion for that picking?

#5 | Posted by LampLighter at 2025-02-24 10:55 PM

That's not letting the market decide, that's picking winners and losers!
- snoofy

Nah it's like the NFL changing the rules of the game.

Teams are still independent to play the game according to the new rules.

Solyndra investment was picking winners and losers

#6 | Posted by oneironaut at 2025-02-25 01:07 AM

@#6 ... Nah it's like the NFL ...

So... acknowledging that the US is now a controlled marketplace, like the NFL, and not a free-market as Capitalism says?

#7 | Posted by LampLighter at 2025-02-25 01:12 AM

Wow! Only 25 million per jerb! Those must be some high paying jerbs! I know the dirty illegals won't be able to steal it from me despite my compete lack of education or training!

#8 | Posted by Imshakinitboss at 2025-02-25 11:46 AM

Look at the private sector stepping up.

#2 | Posted by lfthndthrds

That's what Biden's IRA bill that trump is erasing was all about.

#9 | Posted by SpeakSoftly at 2025-02-25 04:57 PM

So there's a way to duck the tariffs? An out?
That's not letting the market decide, that's picking winners and losers!
(And yes, I realize that's what Trump voters voted for, even if they don't.)

#4 | Posted by snoofy at 2025-02-24 10:36 PM | Reply | Flag:

It's almost like Trump ran on bringing manufacturing back to America after a couple decades of capitalist globalism.

#10 | Posted by sitzkrieg at 2025-02-25 04:57 PM

Swap tariff with "outsourcing tax" and it's a Bernie Sanders idea.

#11 | Posted by sitzkrieg at 2025-02-25 05:05 PM


That's what Biden's IRA bill that trump is erasing was all about.

#9 | POSTED BY SPEAKSOFTLY A

Biden's IRA put Americans in more debt.

Its a careful balance.


So there's a way to duck the tariffs? An out?
That's not letting the market decide, that's picking winners and losers!
(And yes, I realize that's what Trump voters voted for, even if they don't.)
#4 | Posted by snoofy

Any company can duck tariffs. In what way is having regulations picking winners and losers?

Again, its like changing the rules of the game, not the players reaction to the changes.

You really should brush up on your logic, first Streaming = Broadcasting and now this. You've been gone for a time, I'll cut you some slack.

#12 | Posted by oneironaut at 2025-02-25 06:08 PM


Swap tariff with "outsourcing tax" and it's a Bernie Sanders idea.

#11 | POSTED BY SITZKRIEG

The Outsourcing Prevention Act would "impose a tax on all companies that outsource jobs." The proposed tax would be equal to "the amount of savings achieved by outsourcing jobs or 35 percent of its profits, whichever is higher."

Its close, but IMO it gives incentives to companies to NOT report profits. OR spin if off in subsidiary, its all shell game.


#13 | Posted by oneironaut at 2025-02-25 06:12 PM

Biden's IRA put Americans in more debt.

#12 | Posted by oneironaut

Do you know the difference between spending and investing?

Every time you pop up trying to sound smart you end up looking dumber.

#14 | Posted by SpeakSoftly at 2025-02-25 06:13 PM

Its close, but IMO it gives incentives to companies to NOT report profits. OR spin if off in subsidiary, its all shell game.

#13 | Posted by oneironaut

Wow too bad your party is gutting the enforcement agencies who would catch and prosecute corporate malfeasance.

#15 | Posted by SpeakSoftly at 2025-02-25 06:14 PM


So... acknowledging that the US is now a controlled marketplace, like the NFL, and not a free-market as Capitalism says?
#7 | POSTED BY LAMPLIGHTER

Not at all you still don't understand the metaphor. That's your malfunction.

A Free market still has rules, contracts, taxes etc, its not Yemen. Companies can choose which rules benefit them and act accordingly.

My final point will be you seem to think "one regulation" and its NOT a free market, "free markets" exist along a continuum.

#16 | Posted by oneironaut at 2025-02-25 06:16 PM


Wow too bad your party is gutting the enforcement agencies who would catch and prosecute corporate malfeasance.
#15 | POSTED BY SPEAKSOFTLY FLAG DERP

You're clueless. Why do you think big oil doesn't report profits, they aren't be malfeasance, there's no incentive too. FFS

Whats to enforce? Clearly you don't understand accounting. Its not malfeasance, to spend/invest your revenue and avoid profits.

#17 | Posted by oneironaut at 2025-02-25 06:19 PM


Do you know the difference between spending and investing?

I do, do you? You clearly have no idea what you're talking about.

How many people were hookedup to the Internet via IRA?

The $42 billion internet program that has connected 0 people.
In 2021, the Biden Administration passed the Infrastructure Investment and Jobs Act, which included a provision to give $42.5 billion to the Broadband Equity, Access, and Deployment (BEAD) program to provide under-served and rural areas with internet access. To date, it has connected nobody.
www.washingtonpolicy.org

How many EV stations were created by IRA?

Biden's $7.5 billion investment in EV charging has only produced 7 stations in two years
www.washingtonpost.com

Are EVs even a thing? Did you get your ModelS?

Clearly IRA was just a spending bill.

#18 | Posted by oneironaut at 2025-02-25 06:24 PM

Clearly you don't understand accounting.

This from the guy that didn't know Big Oil had government subsidies.

LMAO

#19 | Posted by Alexandrite at 2025-02-25 06:29 PM

1Nut is accountin' his toes for entertainment.

#20 | Posted by Corky at 2025-02-25 06:34 PM

This from the guy that didn't know Big Oil had government subsidies.

LMAO

Posted by Alexandrite at 2025-02-25 06:29 PM | Reply

DUDE are you freaking serious??? ROFLMMFAO HEHEHEHEHE That's hilarious.

#21 | Posted by LauraMohr at 2025-02-25 06:35 PM

1Nut is accountin' his toes for entertainment.

#20 | Posted by Corky a

He'd count his penis, but he doesn't know fractions.

#22 | Posted by truthhurts at 2025-02-25 06:45 PM

He'd count his penis, but he doesn't know fractions.

Posted by truthhurts at 2025-02-25 06:45 PM | Reply

GIGGLES and Snorts.

#23 | Posted by LauraMohr at 2025-02-25 06:54 PM

This from the guy that didn't know Big Oil had government subsidies.
- Alexa

They don't. Just because you don't know what a subsidy isn't this immigrants fault, and it proves my point.

You and you fellow Lumpers live in a bubble.

Blame your education system.

They give tax breaks, as it does for all R&D, for all companies.

Find me one line item where the US government gave oil companies taxpayer dollars, like it does for agriculture.

#24 | Posted by oneironaut at 2025-02-25 07:18 PM

#22 I see TruthNLies is being the racist I have claimed he was.

#25 | Posted by oneironaut at 2025-02-25 07:19 PM

Clearly IRA was just a spending bill.

#18 | Posted by oneironaut

Which CLEARLY tells us you simply swallow whatever you hear from the party that told you the 2020 election was stolen and obama had a fake birth certificate.

#26 | Posted by SpeakSoftly at 2025-02-25 07:22 PM

During FY 2016"22, most federal subsidies were for renewable energy producers (primarily biofuels, wind, and solar), low-income households, and energy-efficiency improvements. During FY 2016"22, nearly half (46%) of federal energy subsidies were associated with renewable energy, and 35% were associated with energy end uses. Federal support for renewable energy of all types more than doubled, from $7.4 billion in FY 2016 to $15.6 billion in FY 2022. Table A4 shows a more detailed distribution of renewable energy-related federal support, which is further discussed in the Renewable-related subsidy trends section of this Overview. Combined conservation and end-use subsidies increased from $9.0 billion in FY 2016 to $10.1 billion in FY 2022 (Table A3). The largest program of this combined category"the Low Income Home Energy Assistance Program (LIHEAP), administered through the U.S. Department of Health and Human Services (HHS)"slightly decreased its funding from $4.0 billion in FY 2016 to $3.9 billion in FY 2022, with a noteworthy one-year increase to nearly $10.0 .
www.eia.gov

Good luck!

#27 | Posted by oneironaut at 2025-02-25 07:23 PM

Which CLEARLY tells us you simply swallow whatever you hear from the party that told you the 2020 election was stolen and obama had a fake birth certificate.
- soeakslikeanidiot

I am just posting truths, I don't suck from the fire hose of Lumper BS

Besides your BS accusations, you offer no legitimate response.

#28 | Posted by oneironaut at 2025-02-25 07:25 PM

Which CLEARLY tells us you simply swallow whatever you hear from the party that told you the 2020 election was stolen and obama had a fake birth certificate.
#26 | Posted by SpeakSoftly

Yup.

Swallowed it.

#29 | Posted by rstybeach11 at 2025-02-25 07:34 PM

The Oneironaut

Sheri-D Wilson

www.goodreads.com

At least her family liked it!

#30 | Posted by Corky at 2025-02-25 07:34 PM

We will be prosperous if we embrace free trade.

#31 | Posted by sitzkrieg at 2025-02-25 08:41 PM

I am just posting truths...

#28 | Posted by oneironaut

about how ignorant you are. Admitting you don't know shit while telling us all how the world works.

#32 | Posted by SpeakSoftly at 2025-02-25 11:40 PM

I am just posting truths...

Called "Tweets", back before Lewzer's site called them "Truths".

#33 | Posted by REDIAL at 2025-02-26 12:06 AM

Drudge Retort Headlines

'America has Turned' (122 comments)

US Votes Against UN Resolution Condemning Russia (71 comments)

Farmers Hit by a Federal Funding Freeze Scramble (53 comments)

Ukraine Agrees to Minerals Deal with US (40 comments)

US to Ukraine: Sign Minerals Deal Or No Starlink for You (40 comments)

Bernie: 'We Are on the Road for Democracy and Justice' (37 comments)

Texas Measles Outbreak Nears 100 Cases (35 comments)

Apple Pledges to Invest 500B to Avoid Tariffs (33 comments)

Trump Wants His New Planes and He Wants Them Now (30 comments)

Trump's Impoundment Power Grab: Straight from Project 2025 (22 comments)