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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

#71

Post by vFunct »

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 planned strategy. Planning requires learning about entire systems, and Trump isn't smart enough to do that. He can only act on things placed before him. If he sees foreigners making money by selling into the US, he has to raise tariffs on it. There is no second order, third order, or any deeper level of understanding of what's going on. It's purely superficial action, on things Trumps eyes sees, not what his brain sees. There is no brain in there that can predict what would happen if tariffs were raised. He can only raise tariffs.

To be smart is to have systemic understanding, and Trump & the Republicans are incapable of that.

It's exactly what happened in his first term, when he got rid of the nation's pandemic preparedness because why would anyone ever need that, right?

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

#72

Post by throwaway48476 »

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…

Every company that wants an exemption has to pay. It's a personal tax system.

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

#73

Post by integricho »

pb7 wrote: post #53
integricho wrote: post #45

Earlier quoted context omitted.

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

It is all companies in the categories of phones, computers, and chips.

so what difference does that make, my interpretation still holds :)

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

#75

Post by jonplackett »

zzzeek wrote: post #62
jonplackett wrote: post #60

Earlier quoted context omitted.

This is the only explanation that has made sense to me so far. And it makes even more sense based on these exemptions. https://www.instagram.com/share/_jW_V1hwM This is Senator Chris Murphy explaining it’s not economic policy, it’s an attempt to blackmail corporations into submission by making a deal with him in return for sanctions relief. Keep an eye out for what Apple and nvidia might have agreed to give.

co-sign, it's the King's Tax (as Murphy had explained in a different video I watched of his). it's that simple. also it was a giant elephant to make everyone forget that they just exposed an entire military action over Signal in a completely illegal and extremely incompetent way.

I’m British so not that knowledgeable about us politics beyond the big players.

How well known is Murphy? I’d never heard of him until I saw this video but he seems very impressive and much more electable than Biden or harris.

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

#76

Post by yareally »

BeFlatXIII wrote: post #64
dkrich wrote: post #47

Earlier quoted context omitted.

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

If Trump is America's Napoleon III, who is the world's modern Otto von Bismark?

Probably Putin.

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

#77

Post by throwaway48476 »

TheSwordsman wrote: post #67
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…

As an American, I regret to inform you that you're trying to use logic to understand a situation where it seems like logic wasn't used (in terms of the economic impact). These are the same fuckwits that tried to claim a trade deficit is the same as a tariff.

[flagged]

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

#79

Post by dhx »

Exempt items are:

8471: Computers.

8473.30: Computer parts.

8486: Semiconductor manufacturing equipment.

8517.13.00: Smartphones.

8517.62.00: Network equipment.

8523.51.00: Solid state media.

8524 and 8528.52.00: Computer displays.

8541.* (with some subheadings excluded): Semiconductor components EXCEPT LEDs, photovoltaic components, piezoelectric crystals).

8542: Integrated circuits.

The 8541.* category exclusions are interesting. Does the US self-produce all required quantities of LEDs and piezoelectric crystals and doesn't need to import those? Is the exception on photovoltaic components to discourage American companies from producing solar panels?

[1] https://hts.usitc.gov/search?query=[INSERT HEADING CODE HERE. EXAMPLE: 8471]

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

#80

Post by unclebucknasty »

jonplackett wrote: post #60
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…

This is the only explanation that has made sense to me so far. And it makes even more sense based on these exemptions. https://www.instagram.com/share/_jW_V1hwM This is Senator Chris Murphy explaining it’s not economic policy, it’s an attempt to blackmail corporations into submission by making a deal with him in return for sanctions relief. Keep an eye out for what Apple and nvidia might have agreed to give.

It's exactly what it is. And, the seemingly haphazard, unpredictable nature of it is a feature, serving as perfect cover:

"Why these exemptions?"

"Who knows? None of it makes sense."

But, of course, it does.

It's also consistent with other, publicly-wielded cudgels, like the law-firm extortions under threat of executive orders.

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