Bloomberg Businessweek Trump Targets Samsung and Apple Phones with 25% Tariff Threat
May 23, 2025
Jill Woodworth, CFO of Prenuvo and former Peloton executive, shares insights on early health problem detection through innovative MRI scanning. Meanwhile, Rod Baltzer, CEO of Deep Isolation, discusses advanced nuclear waste disposal methods, highlighting the need for effective solutions like deep geological storage. The conversation touches on the implications of President Trump's tariff threats against tech giants Apple and Samsung, exploring the complexities of manufacturing relocations and the broader economic impact on global trade.
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Tariff Threats to Tech Giants
- President Trump threatens 25% tariffs on Apple, Samsung, and others to force US manufacturing.
- Tariffs aim to encourage reshoring but raise concerns over practicality and economic impact.
Tariffs as a Negotiation Tactic
- The 50% tariff threat on the EU is likely a negotiating tactic by Trump to gain leverage.
- June 1 deadline pressures the EU amid potential costly retaliatory tariffs.
Trump's Tariff Strategy: Retaliation
- Trump's tariff approach lacks a grand strategy and seems motivated by retaliation.
- His tariff rates fluctuate as if seeking a "Goldilocks" balance, reflecting inconsistency.