Comment on Trump says a 25% tariff "must be paid by Apple" on iPhones not made in the US, says he told Tim Cook long ago that iPhones sold in the US must be made in the US

• Tiger@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

  In a recession with lower demand and everyone hunkering down oil prices probably decline.

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• Kyrgizion@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Interestingly, I don’t think that’s going to happen. OPEC could decide to ramp up production if USA lowers theirs. Demand for oil isn’t rising the way it used to due to alternatives not only becoming viable but actually cheaper as well.

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  • acosmichippo@lemmy.world ⁨1⁩ ⁨year⁩ ago

    OPEC will reduce production if the price of oil goes too low.

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  • sidtirouluca@lemm.ee ⁨1⁩ ⁨year⁩ ago

    yea, probably so

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