Author: tenderloin

Trump 45% tariff on China goods is complete Bluff as he targets only hightech [Copy link] 中文

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Post time 2018-1-25 19:01:52 |Display all floors
sfphoto Post time: 2018-1-24 15:48
Nike closed its last Chinese factory in 2010.

other US brands like Apple ?
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Post time 2018-1-26 05:41:08 |Display all floors
Motika Post time: 2018-1-25 19:01
other US brands like Apple ?

Apple doesn’t own any factories because they outsource all their manufacturing to third-parties.

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Post time 2018-1-26 10:11:06 |Display all floors
sfphoto Post time: 2018-1-25 22:41
Apple doesn’t own any factories because they outsource all their manufacturing to third-parties.

Still they earn the money from making it abroad.
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Post time 2018-1-28 10:59:22 |Display all floors
This post was edited by sfphoto at 2018-1-28 21:18
Motika Post time: 2018-1-26 10:11
Still they earn the money from making it abroad.

Correct. Apple outsources its manufacturing abroad so it can sell its iPhones all over the world without paying taxes either to the USA or to any foreign country. Here’s how their tax loophole works:
D42AFEEC-0583-492A-97FE-E1A2B868AD75.jpeg


Apple outsources the manufacturing of its iPhones to China with Apple Sales International (ASI) getting the title to the goods which are then sold all over the world. All the profits are reported to ASI which is based in Ireland where Apple pays almost zero taxes because almost all the profits are booked to an offshore entity. ASI then remits payments to Apple Inc (USA) where its global HQ and R&D is located.

That’s the beauty of globalization: Capitalists reap all the profits but pay no taxes.

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Post time 2018-1-29 08:54:12 |Display all floors
sfphoto Post time: 2018-1-28 03:59
Correct. Apple outsources its manufacturing abroad so it can sell its iPhones all over the world wi ...

Yeah how far between that and a collapse ? But the would have to learn the hard way Good pay check happy buyers
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