What Trump’s Tariffs Mean for Tech—and You

Katie Drummond: Howard Lutnik’s very exciting promise. I can’t wait to talk about if any of it is actually possible.

Michael Hit: Of course not in the short term.

Lauren Good: Was it the same moment where he spoke of the army of several million people using small screws?

Katie Drummond: Oh, yes teen small screws? Teenage small screws? Yes

Lauren Good: This was the face of CBS, I think we all saw it.

Howard Lutnik [Archival audio]:: Millions of and millions of people’s army to make the iPhone slightly, screw on slight screws. This kind of thing is about to come to America.

Michael Hit: So Elon was tweeting it. Tim Cook probably sat on Twitter and closed some tweets by calling various members of the White House Advisor Staff Morns, right?

Lauren Good: Tim Cook didn’t say anything publicly.

Katie Drummond: Let’s give that person a little credit. She is very smart to do it. Apple as wise they will come, I hope to hear nothing about it from them. Earlier, Lauren’s statement means that they are definitely working on the screen, but I hope they want to be from a public optics point of view, any comments, smooth boats, and cities.

Lauren Good: Katie, you mentioned during the opening, when we were present saw the picture of the technology CEO, I think your comment seems to be Tim Cook. He wants to vomit?

Katie Drummond: He was not shaking with some of his colleagues, Mark Zuckerberg, Jeff Bezos, and Setara. She looks like someone has died, and maybe it’s her company based on what is happening right now,

Michael Hit: Hope here for the future. Okay, let’s talk about another person in that picture, Mr Jeff Bezos, Amazon’s CEO. Now, Amazon is not a hardware company like Apple, but it works on tough products. So what do you mean by Amazon and its business?

Lauren Good: Okay, here we just should note, and our colleague, Ji Young is also covering it in the ward, there is something that was known as De Minimis for shipping products from China for e-commerce companies, and a portion of this new tariff package actually recover this concession, which is not good for e-commerce agencies.

Michael Hit: What if you cost less than $ 800 for products?

Lauren Good: I believe so, yes.

Michael Hit: You do not have to pay fat import taxes in it.

Lauren Good: Yes Exactly.

Katie Drummond: This is a bit less clean to me, and I am happy to argue about it or I am saying wrong. It feels less deadly than the world’s Elns and its companies and apples and team cooks for Amazon. I want to say that Amazon’s dependence on Chinese products sold on their platform, I think it’s at least 50 percent. It is more than 50 percent of what Amazon sells. But what you said to Lauren is that these other Chinese trade giants are really strictly hit by these tariffs, in some cases that it seems that it makes the play for Amazon equal. And then obviously Michael, your statement, they are not a hardware company. Obviously they are a huge trade company, but they also have received Amazon web services, their organization has other aspects that feel much more insulating than the immediate effects of the tariff. I mean, how are you sitting with the two of you?