@kobilacroix OFC #Greedflation will mean that corporations like #Apple will just 1:1 the prices even if the #USD:#EUR goes 2:1.
- They already did it that in the past, and when the $:€ was >1,60:1, it was cheaper for folks to fly to #NYC, sleep one bight in a hotel, buy an #iPhone and fly back to #Germany with #customs & #ImportTax paid...
And yes, I knew a time when people got paid to order for pickup Apple devices in the #USA, fly back with them and properly declare them at customs because even at 2x19% tax + buying new chargers it was cheaper than accepting 60% price gouging.
- So just because the #iPhone will get 104% tariffs in the #US and the #EU production never enters the US it'll likely get parity by numbers because Apple always flexes numbers in disadvantage for buyers!
Also no #retailer will accept sucking up the losses, cuz even if Apple were to make 80% margin on their devices at their stores, they'd be in the red without raising prices...
- But in essence you're correct: #Consumers WILL GET SHAFTED and not the corporations - that's how it's always been! (Ask Brazilians about non - domestic-built game console prices!)…