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Trump exempts phones, computers, chips from ‘reciprocal’ tariffs

bloomberg.com

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Re: Trump exempts phones, computers, chips from ‘reciprocal’ tariffs

#41

Post by rqtwteye »

bogwog wrote: post #16
kevin_thibedeau wrote: post #13

Seems a bit anti-business to have an unequal playing field just for the star-bellied sneetches. Also silly that those with the biggest piles of capital are getting exemptions when the whole purpose of this exercise is to spur local investment in manufacturing. If anything, small businesses below some threshold of revenue/staff should be getting exemptions.

Wdym? It's entirely merit-based, with the 'merit' being $1 million dollar totally-not-a-bribe dinner with the president: https://www.tomshardware.com/tech-industry/artificial-intell...

That's definitely how it looks like

Re: Trump exempts phones, computers, chips from ‘reciprocal’ tariffs

#42

Post by mppm »

This is pretty much how I expected this to play out, at least for now. Trump acts all tough and doesn't back down publicly, but China actually doesn't back down. So what happens is that some businesses get exemptions to mitigate the impact. Then some fine print gets changed about how the rules are enforced. Like, suddenly it turns out that Kiribati is a major electronics supplier to the US :)

End result - US economy takes a hit, China takes a smaller hit. Trade balance widens further, most likely. The rich get richer, while many small companies struggle to survive.

Re: Trump exempts phones, computers, chips from ‘reciprocal’ tariffs

#43

Post by pb7 »

integricho wrote: post #28
kevin_thibedeau wrote: post #13

Seems a bit anti-business to have an unequal playing field just for the star-bellied sneetches. Also silly that those with the biggest piles of capital are getting exemptions when the whole purpose of this exercise is to spur local investment in manufacturing. If anything, small businesses below some threshold of revenue/staff should be getting exemptions.

not just a bit, this is so unfair and smells of corruption, only the richest companies getting exemptions, give me a break. this is what organized crime looks like.

[flagged]

Re: Trump exempts phones, computers, chips from ‘reciprocal’ tariffs

#44

Post by A1vis »

The media coverage seems a bit weird to me. The primary source was released 12 hours ago, but when I did a bit of research 4 hours ago I only saw a few reports from dubious Chinese sources like this: https://www.zhitongcaijing.com/content/detail/1277768.html

Then about 2 hours ago all major media outlets were covering it.

Re: Trump exempts phones, computers, chips from ‘reciprocal’ tariffs

#45

Post by integricho »

pb7 wrote: post #43
integricho wrote: post #28

Earlier quoted context omitted.

not just a bit, this is so unfair and smells of corruption, only the richest companies getting exemptions, give me a break. this is what organized crime looks like.

[flagged]

if it is not, what is your interpretation of it then?

Re: Trump exempts phones, computers, chips from ‘reciprocal’ tariffs

#46

Post by _Algernon_ »

cinbun8 wrote: post #30

From an outsider’s perspective, it’s difficult to discern any coherent U.S. strategy—assuming one even exists. One day it’s a 145% tariff on China. The next, it’s “Well, it’s still 145%, but Apple and Nvidia are exempted because their stock prices might take a hit.” Then comes a 90-day pause, adding to the confusion. It’s not clear whether Jamieson Greer is actually steering this, or if any of it was thoroughly thoug…

If there is a strategy it is probably dominating the news cycle with this chaotic bullshit, while they navigate towards the real goal in the shadows.

Re: Trump exempts phones, computers, chips from ‘reciprocal’ tariffs

#47

Post by dkrich »

cinbun8 wrote: post #30

From an outsider’s perspective, it’s difficult to discern any coherent U.S. strategy—assuming one even exists. One day it’s a 145% tariff on China. The next, it’s “Well, it’s still 145%, but Apple and Nvidia are exempted because their stock prices might take a hit.” Then comes a 90-day pause, adding to the confusion. It’s not clear whether Jamieson Greer is actually steering this, or if any of it was thoroughly thoug…

There is no plan. Talk tough, reverse under pressure, rinse repeat. Anyone surprised must not have watched season one which aired in 2019.

Re: Trump exempts phones, computers, chips from ‘reciprocal’ tariffs

#48

Post by Henchman21 »

whalesalad wrote: post #39
cinbun8 wrote: post #30

From an outsider’s perspective, it’s difficult to discern any coherent U.S. strategy—assuming one even exists. One day it’s a 145% tariff on China. The next, it’s “Well, it’s still 145%, but Apple and Nvidia are exempted because their stock prices might take a hit.” Then comes a 90-day pause, adding to the confusion. It’s not clear whether Jamieson Greer is actually steering this, or if any of it was thoroughly thoug…

chaos is the strategy

Destruction is the goal.

Re: Trump exempts phones, computers, chips from ‘reciprocal’ tariffs

#49

Post by jmull »

cinbun8 wrote: post #30

From an outsider’s perspective, it’s difficult to discern any coherent U.S. strategy—assuming one even exists. One day it’s a 145% tariff on China. The next, it’s “Well, it’s still 145%, but Apple and Nvidia are exempted because their stock prices might take a hit.” Then comes a 90-day pause, adding to the confusion. It’s not clear whether Jamieson Greer is actually steering this, or if any of it was thoroughly thoug…

> assuming one even exists

Why would you assume that?

I don't know why people keep expecting Trump to be different than what he has consistently shown us for all these years. There's no subtle plan. There's no long-term plan. He's cranking the levers immediately available to him for the drama, as he has always done.

People around him may have ideas and plans. They can sometimes get him to agree to one of these, but it never lasts long.

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