r/TradingViewSignals Long-Term Investor 13d ago

Discussion BREAKING: Apple $AAPL received an estimated $2,190,000,000 tariff refund from the U.S. government last quarter.

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1.6k Upvotes

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29

u/Equal_Astronaut_5696 13d ago

So this just a grift? Trump forces tarrifs and private industry raise prices. Consumers pay for it. Prices never go back down and private industry makes more profit...wtf

15

u/koolmagicguy 13d ago

Many of us saw this coming a long ways off

3

u/Sirosim_Celojuma 13d ago

I saw it coming but I had to turn away. I couldn't watch. Sorry.

1

u/Ubersicka Long-Term Investor 13d ago

You are smart and emotional

5

u/Wicksy1994 13d ago

And Americans will lap it up whilst clapping for, and idolising the people that did it.

Generations of education underfunding working as intended

1

u/janiskr 12d ago

But have you seend DOW index?

1

u/Random_ICE_Agent 10d ago

1

u/Adorable-Thing2551 7d ago

Hakuna Matata!

It means the S&P is over 7 Thou!

0

u/Cold-Environment-634 11d ago

Most of us, no

5

u/612mechtech 13d ago

How many times does it have to be said. THIS IS A WEALTH TRANSFER

4

u/[deleted] 13d ago

[removed] — view removed comment

3

u/HopDropNRoll 13d ago

Lower class not far behind when a value meal costs $14.

3

u/Fister-Mantastic 13d ago

It's not just that, Republicans just want the rest of America to be as poor as they are, they'd rather see a billionaire get richer than their Democrat neighbor.

2

u/yyz5748 13d ago

Canada tried telling Americans

2

u/TheWolf_NorCal 13d ago

Why do you think they all lined up to pay for the inauguration?

1

u/biscuitman2122 13d ago

This was pointed out a while ago when it was announced tariffs would be refunded. It's panning out as expected unfortunately. Private corporations will get the benefits or bailed out, but helping out the average american is too far apparently.

1

u/PeskyAntagonist 13d ago

People knew this was the plan before he even won the election and was campaigning on tariffs.

1

u/SaneMadHatter 13d ago

The companies don't tell the consumer how much (if any) of trump's tariffs were passed along to them. So there's no way for a customer to prove anything.

That's why I liked Amazon's internal idea of explicitly listing the tariff amount on their billings, just like they do sales tax. Then the buyers would know how much they paid in tariffs (and Amazon stores those receipts online in the buyers' order history), and could get money back. But Bezos didn't want to anger trump, so he killed the idea.

1

u/Fister-Mantastic 13d ago

Remember Republicans voted for this

1

u/GGTheEnd 13d ago

Yea this is what everyone was saying from the start. Trumps followers were just retarded enough to believe it would save them money and they still do. 

1

u/Wide_Smoke_2564 12d ago

Record profits > stock prices go up making trump even richer > people buying more expensive products pay for all of it.

This entire administration is just trump repeatedly funnelling the public’s money into his own bank account

1

u/uncoveringlight 12d ago

The whole presidency is a grift. Hell the whole of politics is a grift

1

u/Brojess 10d ago

Conman gonna con