On Tariffs, It’s Good to Be “Tim Apple”

Tariffs are advertised in the name of helping American workers, but what do you know? They turn out to favor the powerful and politically connected. That’s the main message of President Trump’s decision to exempt smartphones and assorted electronic goods from his most onerous tariffs.

On Tariffs, It’s Good to Be Tim Cook

Related:

Tim Cook gifted Donald Trump a $6,000 Mac Pro after he lowered tariffs on parts Apple needed from China

At the time Apple and Cook were applying a charm offensive to persuade then-President Trump to remove tariffs on certain components that came from China. Cook asked Trump if he could meet him in person to make Apple’s case, a gesture the former president found “impressive,” he told Bloomberg. Trump was particularly pleased at the time that Cook reached out, especially considering his acrimonious relationship with other tech CEOs. 

[2019] Apple dodges iPhone tariff after Trump confirms trade deal agreement with China

Although the trade deal affects billions of dollars worth of goods, it’s a particular victory for Apple CEO Tim Cook, who has personally worked to keep communication open with the Trump administration. Cook’s charm offensive culminated last month when he gave Trump a tour of a Mac Pro assembly plant in Texas. That computer is assembled in the United States, and Apple was granted tariff waivers for several of its components.

Tariffs, Economic War, and the Emerging Post-American Order

Tariffs, Economic War, and the Emerging Post-American Order

My commentary: The tariffs imposed under the Trump administration are not genuinely aimed at revitalizing American industry. Rather, they function as a tool to destabilize China’s economic growth and position the U.S. to provoke a potential military confrontation. These punitive measures are designed to persist unless nations acquiesce to the administration’s demands, effectively coercing them into aligning with its confrontational economic agenda against China. 

Disclosure: Van Jackson used to work for Center for American Century (CNAS). 

CNAS’ supporters

“Of course people are going to be laid off because of this”: US autoworkers react to the launch of Trump’s global tariff war

Within hours of the imposition of President Trump’s sweeping tariffs against the world, the impact was felt by autoworkers in North America, with the announcement of thousands of layoffs by Stellantis at plants in the United States, Canada and Mexico.

“Of course people are going to be laid off because of this”: US autoworkers react to the launch of Trump’s global tariff war