Close Menu
Technology Mag

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    The Quest to Prove the Existence of a New Type of Quantum Particle

    June 4, 2025

    Adjustable Mattress vs. Adjustable Frame: Similar but Not the Same

    June 4, 2025

    Cops in Germany Claim They’ve ID’d the Mysterious Trickbot Ransomware Kingpin

    June 4, 2025
    Facebook X (Twitter) Instagram
    Subscribe
    Technology Mag
    Facebook X (Twitter) Instagram YouTube
    • Home
    • News
    • Business
    • Games
    • Gear
    • Reviews
    • Science
    • Security
    • Trending
    • Press Release
    Technology Mag
    Home » What Trump’s Tariffs Mean for Tech—and You
    Business

    What Trump’s Tariffs Mean for Tech—and You

    News RoomBy News RoomApril 14, 20253 Mins Read
    Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Email

    Katie Drummond: Very exciting promise by Howard Lutnick. I can’t wait to talk about whether any of that is actually possible.

    Michael Calore: Certainly not in the short term.

    Lauren Goode: Was this the same moment where he talked about the army of millions using tiny screws?

    Katie Drummond: Oh, yes. The teeny tiny screws? The teeny tiny screws? Yeah.

    Lauren Goode: That was the one on CBS Face the Nation, I think we all saw it.

    Howard Lutnick [Archival audio]: The army of millions and millions of human beings screwing in little, little screws to make iPhones. That kind of thing is going to come to America.

    Michael Calore: So Elon was tweeting through it. Tim Cook has probably also been sitting on Twitter and popping off some tweets calling various members of the White House advisory staff morons, right?

    Lauren Goode: Tim Cook has not said anything publicly.

    Katie Drummond: Let’s give that man a little credit. He is way too smart to do that. Apple is as savvy as they come, I expect to hear nothing from them about this. To Lauren’s point earlier, I mean, they are certainly working this behind the scenes, but I would expect they want this to be from a public optics point of view, no comment, smooth sailing, et cetera.

    Lauren Goode: Katie, you mentioned at the time of the inauguration, when we saw that photo of the tech CEOs who were in attendance, I think your remark was Tim Cook looks like he wants to vomit?

    Katie Drummond: He was not exactly beaming with enthusiasm like some of his colleagues, Mark Zuckerberg, Jeff Bezos, et cetera. He looked like someone had died, and maybe it’s his company based on what’s happening right now,

    Michael Calore: Here’s hope for the future. Well, let’s talk about one of the other people in that photo, Mr. Jeff Bezos, Amazon CEO. Now, Amazon is not a hardware company like Apple, but it deals in hard goods. So what do the tariffs mean for Amazon and its business?

    Lauren Goode: Well, there’s also, we should just note, and our colleague, Zeyi Yang has been covering this at WIRED too, there’s something that’s been known as the de minimis exemption for e-commerce companies shipping goods from China, and part of this new tariffs package actually removes that exemption, which is not good for e-commerce companies.

    Michael Calore: That’s if your goods cost less than $800?

    Lauren Goode: I believe so, yes.

    Michael Calore: You don’t have to pay the hefty import tax on it.

    Lauren Goode: Yeah. Exactly.

    Katie Drummond: This one is a little bit less clear-cut to me, and I’m happy to argue about it or be told I’m wrong. This feels less dire for Amazon than it is for the Elons of the world and his companies and the Apples and the Tim Cooks. I mean the reliance that Amazon has on Chinese goods sold on their platform, I think it’s at least 50 percent. It’s more than 50 percent of what Amazon sells. But given Lauren what you just said, that these other Chinese commerce giants are going to be hit really hard by these tariffs, in some respects that feels like it sort of equalizes the playing field for Amazon. And then obviously Michael, to your point, they’re not a hardware company. Obviously they’re a massive commerce company, but they’ve also got Amazon Web Services, they have other facets to their company that feel much more insulated from the sort of immediate impacts of tariffs. I mean, how does that sit with both of you?

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email
    Previous ArticlePS5 price rises substantially in UK and Europe
    Next Article Brass Typhoon: The Chinese Hacking Group Lurking in the Shadows

    Related Posts

    Trump’s Crackdown on Foreign Student Visas Could Derail Critical AI Research

    June 4, 2025

    A United Arab Emirates Lab Announces Frontier AI Projects—and a New Outpost in Silicon Valley

    May 30, 2025

    Why Anthropic’s New AI Model Sometimes Tries to ‘Snitch’

    May 30, 2025

    Donald Trump’s Media Conglomerate Is Becoming a Bitcoin Reserve

    May 29, 2025

    Businesses Got Squeezed by Trump’s Tariffs. Now Some of Them Want Their Money Back

    May 28, 2025

    There’s a Very Simple Pattern to Elon Musk’s Broken Promises

    May 28, 2025
    Our Picks

    Adjustable Mattress vs. Adjustable Frame: Similar but Not the Same

    June 4, 2025

    Cops in Germany Claim They’ve ID’d the Mysterious Trickbot Ransomware Kingpin

    June 4, 2025

    Trump’s Crackdown on Foreign Student Visas Could Derail Critical AI Research

    June 4, 2025

    The Texting Network for the End of the World

    June 4, 2025
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss
    Gear

    MSI Titan 18 HX (2025) Review: The RTX 5090, Unbound

    By News RoomJune 4, 2025

    The MSI Titan is not for the faint of heart—it never has been. It’s an…

    Top Target Promo Codes for June 2025

    June 4, 2025

    Tim Sweeney didn’t expect a five-year Fortnite ban

    June 3, 2025

    T-Mobile launches fiber internet service in the US with a five-year price lock

    June 3, 2025
    Facebook X (Twitter) Instagram Pinterest
    • Privacy Policy
    • Terms of use
    • Advertise
    • Contact
    © 2025 Technology Mag. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.