6 ms·
Would it be legal for American companies to ignore American laws on foreign land? It doesn't sound plausible
by analyst74 6y ago
Would it be legal for American companies to ignore American laws on foreign land? It doesn't sound plausible
- gruez 6y agoCan't you set up some sort of foreign subsidiary to do it for you? Apple already uses this model for storing icloud data in china, to comply with chinese laws.
- adrr 6y agoI am willing to bet the App Store is an Ireland based entity with contracts back to Apple to provide service aka generate expenses for Apple's US entity. That way Apple can book all the app store revenue in Ireland.
- valuearb 6y agoI am willing to bet you don’t understand US corporate tax laws and accounting rules.
- valuearb 6y agoA presidential order is not a law, and if unconstitutional like this one, never has to be obeyed anywhere.
- reaperducer 6y agonever has to be obeyed anywhere That's not how it works. It has to be obeyed until invalidated by a court. You can't just tell a law enforcement agency, "I know the president said x, but that's unconstitutional." Law enforcement is not lawyers, or constitutional scholars. That's for the judiciary to sort out.
- valuearb 6y agoYou have it backwards, law enforcement has to go to court to attempt to have WeChat removed from Apple devices. They can’t just confiscate random iPhones to scrape it off their storage, and they aren’t bursting into Apple HQ to force its removal from their servers.
- sbahr001 6y agoIt depends on how intense the law/sanctions are. Example, no US company can trade/do business with Iran,even indirectly. The Trump administration also made it difficult for other countries to do business with Iran, makes it almost impossible for any other country to business with them.Hence, Iran's economy is in the toilet, and it can only trade with Russia, China and the middle eastern countries they have high-influence over(which are typically poor). Their oil can be sold to western countries, due to OPEC, but money that ends up in foreign accounts are inaccessible. Plus, most of Trump's policies of late with China has to do with the new Silk Road. The new Silk Road is seeing China expand(land grabs) into other countries, and take over strategic points. Since, a lot of China's economy is from foreign trade, the more US makes trade difficult the harder it is for China to expand. Time, will tell if this strategy works or not, when China becomes the #1 superpower/economy in the world(speculation, but is looking more likely).
- FillardMillmore 6y agoFor anyone who didn't know what was meant by 'the new Silk Road': https://en.wikipedia.org/wiki/Belt_and_Road_Initiative https://en.wikipedia.org/wiki/Belt_and_Road_Initiative
- sbahr001 6y agoThank you!
- ralph84 6y agoPeople regularly go to prison for violating US trade sanctions. The majority of Apple's employees including all of their executives are in the US and easy to find. I doubt any of them are volunteering to test the boundaries of US trade sanctions.