Trump’s tariffs for technology and what do you mean
Kitty Drummund: Very exciting promise by Howard Luthenik. I can’t wait to talk about whether each of these things is really possible.
Michael Calor: Certainly not in the short term.
Lauren Good: Was this moment at the moment he talked about the army of millions of people using small screws?
Kitty Drummund: Oh, yes, young teenage screws? Small teen screws? Yes
Lauren Good: This was the one that faced the nation in CBS, I think we all saw it.
Howard Luthenik [Archival audio]: The army of millions and millions of people is bolted in small and slightly screws to build the iPhones. These kinds of things come to America.
Michael Calor: So Elon was tweet through it. Tim Cook is probably sitting on Twitter as well, calling some tweets that are different members of the White House advisory staff, right?
Lauren Good: Tim Cook has not said anything publicly.
Kitty Drummund: Let’s give that man a little credible. He is very clever to do this. Apple is as clever as they come, I expect to hear something from them. I mean by Loren early, they certainly do this behind the scenes, but I expect them to be from a public optics, without theoretical, smooth sailing and et cotra.
Lauren Good: Kititi, you mentioned at the time of the inauguration, when we saw the photo of the technology agents who were present, do I think your comment was that Tim Cook seems to be vomiting?
Kitty Drummund: He was not thrilled exactly like some of his colleagues, Mark Zuckerberg, Jeff Bezos, and Cetera. He seemed to be someone died, and maybe his company based on what is happening at the moment
Michael Calor: Here is hope for the future. Well, let’s talk about one of the other people in that photo, Mr. Jeff Bezos, CEO of Amazon. Now, Amazon is not a hardware company like Apple, but it is dealing with hard goods. So what do the tariffs for Amazon and its business mean?
Lauren Good: Well, we just have to note, and our colleague, Zeyi Yang, also covered this in Wired, something known as de Minimis exemption for e -commerce companies carrying goods from China, and part of this new tariff package actually deletes it, which is not good for commerce companies.
Michael Calor: This is if your goods cost less than $ 800?
Lauren Good: I believe, yes.
Michael Calor: You don’t have to pay heavy import taxes on it.
Lauren Good: Yes, exactly
Kitty Drummund: This one is a little clearer to me, and I am glad to argue about it or tell me that I am wrong. It has less feeling than Amazon than Alons of the World and his companies and apples and Tim Cooks. I mean relying on Chinese goods sold on your platform, I think it’s at least 50 %. This is more than 50 % of what Amazon sells. But given what you just said, these other Chinese business giants are really hit hard by these tariffs, in some ways that feel this type of game for Amazon is really hit. And then it is obvious that Michael, in your opinion, are not a hardware company. Obviously, they are a vast business company, but they have also received Amazon web services, they have other aspects to their company that feel more insulated on the type of tariff impact. I mean how do you sit down with both of you?