The Rundown Trump Threatens Apple with 25% Tariffs, Hoka Sneakers Reports Slower Sales Growth
18 snips
May 23, 2025 The hosts dive into President Trump's warnings about 25% tariffs on Apple, stirring up concerns over a potential trade war. They highlight the market's reaction, particularly a surge in nuclear stock investments. The discussion shifts to Hoka sneakers, as declining sales prompt serious questions about the brand's future. Additionally, the Treasury Department's plan to halt penny production by 2026 sparks a debate on the implications for everyday cash transactions.
AI Snips
Chapters
Transcript
Episode notes
Trump Rekindles Trade War Heat
- President Trump reignited trade war tensions with threats of tariffs on Apple and the EU.
- This has introduced new market uncertainty after recent stability and gains.
Apple's Manufacturing Dilemma
- Apple faces a difficult task shifting iPhone production to the US due to costs and expertise.
- Analysts say US production could raise iPhone prices above $3,500, so tariffs might just be paid instead.
Elon's AI In Government Raises Flags
- Elon Musk's AI chat box Grok is being employed within US government agencies.
- This raises conflict of interest and privacy concerns, as agencies regulate Musk's companies.