How New China Tariffs Could Affect Tech Consumers | NBC News Now


DAVE ING RAM EXPLAINS WHAT’S GOING ON HERE. GOING ON HERE.>>Reporter: APPLE JUST REPORTED>>Reporter: APPLE JUST REPORTED QUARTERLY EARNINGS AND ON THE QUARTERLY EARNINGS AND ON THE CONFERENCE CALL WITH INVESTORS CONFERENCE CALL WITH INVESTORS AND ANALYSTS THE CEO OF APPLE, AND ANALYSTS THE CEO OF APPLE, TIM COOK, HIGHLIGHTED THIS NEW TIM COOK, HIGHLIGHTED THIS NEW POLITICAL SPAT FOR APPLE, WHERE POLITICAL SPAT FOR APPLE, WHERE THEY ARE TRYING TO NEGOTIATE THEY ARE TRYING TO NEGOTIATE WITH THE TRUMP ADMINISTRATION ON WITH THE TRUMP ADMINISTRATION ON WHERE TO BUILD THE MAC PRO. WHERE TO BUILD THE MAC PRO. THE MAC PRO IS A $6,000 NICHE THE MAC PRO IS A $6,000 NICHE PRODUCT, DESKTOP COMPUTER, USED PRODUCT, DESKTOP COMPUTER, USED MOSTLY BY PROFESSIONALS, MOSTLY BY PROFESSIONALS, SCHEDULED TO BE RELEASED LATER SCHEDULED TO BE RELEASED LATER THIS YEAR, BUT THERE’S A THIS YEAR, BUT THERE’S A QUESTION OF WHERE APPLE IS GOING QUESTION OF WHERE APPLE IS GOING TO MAKE THIS COMPUTER. TO MAKE THIS COMPUTER. NOW, WITH THE PREVIOUS VERSION NOW, WITH THE PREVIOUS VERSION OF THE MAC PRO, APPLE USED OF THE MAC PRO, APPLE USED COMPONENTS THAT WERE MADE IN COMPONENTS THAT WERE MADE IN CHINA, BUT ASSEMBLED THE CHINA, BUT ASSEMBLED THE COMPUTER HERE IN THE UNITED COMPUTER HERE IN THE UNITED STATES, IN TEXAS. STATES, IN TEXAS. APPLE’S WANTED TO CONTINUE TO APPLE’S WANTED TO CONTINUE TO USE THAT SAME PROCESS. USE THAT SAME PROCESS. THEY SAY THAT WOULD BE TOO THEY SAY THAT WOULD BE TOO EXPENSIVE TO DO IT THAT WAY IF EXPENSIVE TO DO IT THAT WAY IF THE TRUMP ADMINISTRATION GOES THE TRUMP ADMINISTRATION GOES THROUGH WITH ITS NEW PLAN FOR THROUGH WITH ITS NEW PLAN FOR 25% TARIFF ON GOODS IMPORTED 25% TARIFF ON GOODS IMPORTED FROM CHINA. FROM CHINA. APPLE TWO WEEKS AGO ASKED THE APPLE TWO WEEKS AGO ASKED THE TRUMP ADMINISTRATION FOR AN TRUMP ADMINISTRATION FOR AN EXEMPTION FROM THESE THREATENED EXEMPTION FROM THESE THREATENED TARIFFS, AND ON FRIDAY, TRUMP TARIFFS, AND ON FRIDAY, TRUMP CAME BACK AND SAID NO, THAT CAME BACK AND SAID NO, THAT APPLE WOULD NOT BE GETTING ANY APPLE WOULD NOT BE GETTING ANY EXEMPTION IN PART BECAUSE HE EXEMPTION IN PART BECAUSE HE WANTS TO SEE A COUPLE THINGS. WANTS TO SEE A COUPLE THINGS. TRUMP WANTS TO SEE APPLE TRUMP WANTS TO SEE APPLE ANNOUNCING A NEW FACTORY IN ANNOUNCING A NEW FACTORY IN TEXAS, AND HIS ADVISERS HAVE TEXAS, AND HIS ADVISERS HAVE BEEN SAYING IN INTERVIEWS THEY BEEN SAYING IN INTERVIEWS THEY WANT TO SEE SOME MORE COMPONENTS WANT TO SEE SOME MORE COMPONENTS MADE IN THE UNITED STATES, THEY MADE IN THE UNITED STATES, THEY WANT TO SEE SUPPLIERS IN THE WANT TO SEE SUPPLIERS IN THE UNITED STATES WORKING FOR APPLE. UNITED STATES WORKING FOR APPLE. APPLE SAYS THEY ARE ALREADY APPLE SAYS THEY ARE ALREADY SPENDING AN ENORMOUS AMOUNT OF SPENDING AN ENORMOUS AMOUNT OF MONEY EVERY YEAR ON COMPONENTS MONEY EVERY YEAR ON COMPONENTS AND OTHER SUPPLIES FROM THE AND OTHER SUPPLIES FROM THE U.S., BUT BECAUSE OF THE 25% U.S., BUT BECAUSE OF THE 25% TARIFF THAT TRUMP IS TARIFF THAT TRUMP IS THREATENING, APPLE IS ALREADY THREATENING, APPLE IS ALREADY LOSING THE PRODUCTION TO CHINA. LOSING THE PRODUCTION TO CHINA. THAT CLEARLY IS A RESULT THAT IS THAT CLEARLY IS A RESULT THAT IS CONTRARY TO WHAT THE TRUMP CONTRARY TO WHAT THE TRUMP ADMINISTRATION’S STATED GOAL ADMINISTRATION’S STATED GOAL WITH. WITH. THE TRUMP ADMINISTRATION WANTS THE TRUMP ADMINISTRATION WANTS TO CREATE AMERICAN TO CREATE AMERICAN MANUFACTURING. MANUFACTURING. TIM COOK ALMOST ALONE THE TIM COOK ALMOST ALONE THE SILICON VALLEY EXECUTIVE SILICON VALLEY EXECUTIVE DEVELOPED A PERSONAL DEVELOPED A PERSONAL RELATIONSHIP WITH TRUMP, THEY RELATIONSHIP WITH TRUMP, THEY SEEM TO GET ALONG EVEN IF THEY SEEM TO GET ALONG EVEN IF THEY MIGHT NOT AGREE ON OTHER MIGHT NOT AGREE ON OTHER SUBJECTS LIKE IMMIGRATION, FOR SUBJECTS LIKE IMMIGRATION, FOR EXAMPLE. EXAMPLE. CHINESE AND U.S. TRADE CHINESE AND U.S. TRADE NEGOTIATORS THIS WEEK ARE TRYING NEGOTIATORS THIS WEEK ARE TRYING TO HAMMER OUT A PLAN BUT IF IT TO HAMMER OUT A PLAN BUT IF IT DOESN’T COME THROUGH, THERE DOESN’T COME THROUGH, THERE COULD BE HIGHER PRICES FOR COULD BE HIGHER PRICES FOR ELECTRONICS FROM CHINA. ELECTRONICS FROM CHINA. IT’S NOT JUST THE MAC PRO. IT’S NOT JUST THE MAC PRO. IT COULD BE THE PLAYSTATION. IT COULD BE THE PLAYSTATION. SONY SAID THIS WEEK THAT THEY SONY SAID THIS WEEK THAT THEY ARE CONSIDERING PASSING ON THE ARE CONSIDERING PASSING ON THE INCREASED COST FROM THE TARIFFS INCREASED COST FROM THE TARIFFS TO CONSUMERS, SO AS WE HEAD INTO TO CONSUMERS, SO AS WE HEAD INTO THE FALL, AS WE HEAD TOWARD THE THE FALL, AS WE HEAD TOWARD THE HOLIDAY SHOPPING SEASON, WE’RE HOLIDAY SHOPPING SEASON, WE’RE LOOKING AT A WHOLE RANGE OF LOOKING AT A WHOLE RANGE OF ELECTRONICS THAT CONSUMERS COULD ELECTRONICS THAT CONSUMERS COULD BE PAYING MORE FOR THAN THEY

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11 thoughts on “How New China Tariffs Could Affect Tech Consumers | NBC News Now

  1. He's destroying US economy & people quality of life, we will have to pay more for cars, various goods, and now this with Apple electronics. And he's manipulating the Stock market. Don't know if that's intentional or not, if it is its illegal.
    You can't tell people who are used to using Apple products to all of a sudden stop buying them just because you want to support Trump and you think he's doing the right thing, because this is what YOU want @Leon Le
    Do you know design schools use Apple products too ? The cost of tuition will skyrocket and it is already expensive.

  2. Hey @NBC NEWS!
    If the broadcast is SO IMPORTANT, why do you DROWN IT WITH ANNOYING MUSIC??
    Broadcasting rule #1; If you don't have anything important to say…
    👎👎👎 👎👎👎👎 👎👎👎👎👎

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