Post by MaterialsManon Apr 12, 2025 1:24pm
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Post# 36536145
Very exciting
Very excitingIsn't it wonderfull that Apple and other companies in the tech industry will benefit greatly from.the just annouced exemption of tariffs on most of the products they really need that come from China.
Unfortunately, there is sure to be collateral damage inflicted on companies operating in other sectors.
Much of that damage will likely manifest in the form of bankruptcy and subsequent lost jobs.
I just spoke with loan officer friend of mine this morning who financed a large manufacturing operation in my hometown. The company is 100% reliant on parts from China.
'Ces't la vie' I guess.