Trump’s administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs, potentially cushioning consumers from sticker shock.
Comments
Log in with your Bluesky account to leave a comment
So, China continues to sell tariff free into America while American's are still getting a 10% Trump Tax increase from every other country and China is hitting us with 125%.
A book for morons and ignoramuses that stumble into an idiotic trade war that has the potential to destroy their economies, their currencies, and their position in the world
Wait until DIY’ers step into #HarborFrieght one of these days soon. Many,who supported and voted for his royal #Felon47, are going to be shocked. Absolutely shocked.
I don’t believe it was to protect consumers, more likely to protect Apple and the rest of IT industry. After all they contributed a minimum of $1M to his campaign/inauguration.
The reasons many countries slide into becoming "shithole" countries, is directly due to corruption, nepotism and the subversion of the rule of law...Anything ring a bell here America? 🔔
If you’re Donald Trump tariffs are things that you use to make everyone pay attention to you and then you realize oh shit this time there’s consequences. Don’t hate me, I won’t tariff anything you like or anything.
Hey Donnie, as you like to say - you don’t have the cards
He’s going to essentially nullify them all through exclusions but brag how tough he is on foreign policy all while making money trading on vol isn’t he?
Yes! Trump Administration publishes reciprocal tariff exclusions for computers, smartphones, and chip-making equipment. & just like that, big tech is back
Imagine being an investor in this environment, how would you recommend to your board that you should invest in the US? who would loan you money?
Just a continuing of the haphazard and incompetent behavior that has crashed the stock market, crushed consumer confidence, and eroded global trust in America.
So small businesses continue to lose during this, while trillion dollar corporations ensure they can maximize their profits. How is this great for our country?
What's the point if computers smartphones. and other electronics are exempted? Isn't the plan to build these factories in the US? We don't need the cheap trinkets and sneakers to be made in the US.
But I am 3 weeks into building my new factory in a deep red state.
It’s almost like everything is being made up as he goes. I am not sure I can keep investing my millions in bringing manufacturing back to Merica if he seems insane like this.
A panel of Financial/Market experts appeared on CNN last night warning that if Trump doesn’t amend his stance on China tariffs by tomorrow night the market would likely plunge and trip the Stock Market Circuit breaker on Monday!
Trump exempting phones, computers & other electronics is not "cushioning consumers". It is protecting big tech.
Bloomberg News is so f*cking subservient to the fascists...
Trump's opus tariffs are looking more like Swiss cheese. It goes to the fatal flaw in his trade approach in a globally trading society. His original idea was to blow up the world to preside over the ashes. He's finding out, the world and voters won't let us bow to economic derangement.
This may actually be the worst of all possible worlds for the US economy. Absolutely no reshoring or high tech manufacturing combined with still crippling the US economy due to the loss of vital components.
Comments
Trump is blinking for Xi...
A book for morons and ignoramuses that stumble into an idiotic trade war that has the potential to destroy their economies, their currencies, and their position in the world
#Trump #Tariffs
along with everything else
Hey Donnie, as you like to say - you don’t have the cards
Hm will he ever get up?
Or, this tariffs on, tariffs off is entirely an insiders' stock market play
https://data-and-politics.ghost.io/70-million-in-60-seconds-how-insider-information-helped-someone-28x-their-money/
China is not going to buy much or anything from America BUT America maybe half's 50% their buy from China.
China gains 200+? Billion dollars in yearly trade, deficit almost twice what it was before.
Wow.
Imagine being an investor in this environment, how would you recommend to your board that you should invest in the US? who would loan you money?
It’s almost like everything is being made up as he goes. I am not sure I can keep investing my millions in bringing manufacturing back to Merica if he seems insane like this.
https://bsky.app/profile/we-are-toast.bsky.social/post/3lmdqu55ah22t
However I'm curious if China will soften its restriction on rare earth exports.
Ultimately we need a de-escalation of the entire tariff issue. Back to boring trade talks please.
A panel of Financial/Market experts appeared on CNN last night warning that if Trump doesn’t amend his stance on China tariffs by tomorrow night the market would likely plunge and trip the Stock Market Circuit breaker on Monday!
Is a tariff exemption on electronics enough?
Bloomberg News is so f*cking subservient to the fascists...
https://youtu.be/6iHlfLPDoS4
2. David Sacks' Dark Vision: Tech Elites & the Rise of Authoritarian Politics
https://youtu.be/fPLhr8Um8GQ