Sky - owned by comcast, based in U.S.A. Also, netflix, Amazon....basically any streaming platform except for the BBC,, C4, ITVX, etc.
They aren’t subject to tariffs though. Neither is Facebook etc. I guess everyone will apply it however they like but I thought the idea was to boycott things that are going to be subjected to the new tariffs?
As we know from Starbucks, many of these multi-national corporations, use transfer pricing to avoid paying taxes in certain countries.
I guess my question would be - When the BBC sells a series to a U.S TV company, will they be subject to a 10% tariff?
Apple Mac is about the only bit of US product I buy. Nearly all speakers, DJ equipment, lighting is constructed in Europe and nearly all the parts are made in China, or other bits of the far east. I don't even buy MacBook Pro's new, they are souped up models, usually about 1-2 years old rebuilt in the UK.
This neatly nails the lie about other countries "not playing fair" with America. All of these "American" companies (Levi & Apple etc) CHOSE to move their production facilities to the far east to reduce their costs and increase profits. Nothing to do with unfair trade practices whatsoever. Much the same as what has happened in the UK with the likes of Dyson moving to Singapore.
are you not familiar with Shatner’s Bassoon? You need to take some cake. https://www.facebook.com/share/v/18YQjpBFAb/?mibextid=wwXIfr
Does that not lead to possibly moving more production to the USA. Creating jobs. Eg. As part of its new U.S. investments, Apple will work with manufacturing partners to begin production of servers in Houston later this year. A 250,000-square-foot server manufacturing facility, slated to open in 2026, will create thousands of jobs
But it begs the question, why did manufacturing move to the East in the first place? I think the answer is that production costs in USA were too high. My question would be, what's changed?
Surely I’m not the only person who opened this thread expecting it to be a plea to the board to stop them signing another Donovan Pines, am I?
Tarrifs that's why shares have fallen dramatically in some giant American owned companies. Apple was almost a $3.7tn company just three months ago - but Donald Trump's tariffs have played a big part in the most valuable company on the planet seeing its valuation slashed by a trillion dollars. On 2 January, a $243.85 share price gave a total market capitalisation of $3.69tn (£2.88tn) to the iPhone maker. $171 share price today. As I see it, but no expert. Something that cost $1000 dollars early last week, made in China, would now have a price tag of $1340 in today's market. Soon to be $1500 if China retaliates.
The post I replied to cited the fact that the tariffs would create thousands of jobs. But then what? The products which are imported become expensive and the products manufactured by USA workers are expensive because of the high labour costs. Everyone loses, but the American consumers will lose the most.
Production costs weren't too high, but Corporations will move production of any product to the cheapest possible location in order to charge a price that is still consistent with what the consumer will pay...but they make a sh**load more cash for shareholders. These Global companies are sh*t and the business practises they use are disgusting....but others are culpable....the loss of the UK chocolate industry is a case in point and makes interesting reading for those that hope to keep industry and jobs in the UK...Cadbury's were taken over by Kraft and much of production moved abroad....how many of us would suspect that the bank that facilitated the deal, and lent Kraft the money was Royal Bank of Scotland...at that time bailed out and owned by the British taxpayer....self interested bast**ds.
That's the theory behind tariffs, to protect your economy. However, when your own labour costs are many times those of countries like China, you're still not going to compete unless the tariffs are crazily high. If those crazily high tariffs are reciprocated, you then effectively make your own exports impossible to sell to that country putting a ceiling on what your own economy can achieve. You also massively fuel inflation and look what that did in 1930s Germany...
