4.6 • 1.6K Ratings
🗓️ 7 April 2025
⏱️ 3 minutes
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0:00.0 | Americans love using their credit cards, the most secure and hassle-free way to pay. |
0:04.0 | But DC politicians want to change that with the Durban Marshall Credit Card Bill. |
0:08.0 | This bill lets corporate megastores pick how your credit card is processed, |
0:13.0 | allowing them to use untested payment networks that jeopardize your data security and rewards. |
0:18.0 | Corporate megastores will make more money and you pay the price. |
0:22.1 | Tell Congress to guard your card because Americans lose when politicians choose. Learn more at |
0:28.1 | guard your card.com. Here's your TNB Tech Minute for Monday, April 7th. I'm Victoria Craig for |
0:35.7 | the Wall Street Journal. President Trump's tariffs on China |
0:38.8 | are forcing Apple to think quickly about short-term adjustments to its supply chain. People |
0:44.1 | familiar with the matter told the journal that Apple will send more of its iPhones to the U.S. |
0:48.7 | from India, cutting back on shipments from China, where its production has been historically centered. |
0:54.5 | The president's tariff package raises levies on Chinese goods to at least 54%, while India's rise to 26%. |
1:02.0 | The tariffs on China could add roughly $300 to the $550 it currently costs to make an iPhone 16 Pro. |
1:10.2 | Those calculations are before any additional tariffs President Trump has threatened on China |
1:14.9 | if it does not rescind its reciprocal measures on the U.S. |
1:18.8 | Apple shares have plunged nearly 20% in the past three days over concerns about its supply chain exposure to those tariffs, |
1:25.7 | but some of its peers in the so-called magnificent seven |
1:28.3 | group of stocks, including Amazon, Alphabet, and Invidia got a boost in today's whipsaw |
1:33.7 | trading session on Wall Street. Amazon rallied more than 2%, reversing some of last week's |
1:39.2 | declines. One investment bank released new estimates showing the online retailer's tariffs exposure could be less than some of its big tech peers. |
1:47.8 | That's due to Americans' reliance on online shopping and the willingness of sellers on the platform to continue advertising. |
1:55.1 | Meanwhile in Hong Kong, the tech-sensitive Hangsang Index reacted to Friday's sell-off on Wall Street. |
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