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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

#291

Post by theropost »

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…

Million dollar "dinners' seem to help.

https://www.tomshardware.com/tech-industry/artificial-intell...

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

#292

Post by tokioyoyo »

buzzerbetrayed wrote: post #233
Spooky23 wrote: post #170

Earlier quoted context omitted.

True, yet irrelevant. If Apple imports garlic for it's cafeteria, that will be tariffed. But those commodity categories represent the business of the named companies, and those companies represent the majority of the value of imports to the US in those categories.

It’s not irrelevant at all when the headline implies that companies were singled out by name. Details matter.

Because they can’t do it, and will be sued, to my understanding. I think you’re trying to make the admins look good.

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

#293

Post by rat87 »

vbezhenar wrote: post #131
galleywest200 wrote: post #86

Earlier quoted context omitted.

I am unsure why anyone would want to change the trade imbalance when you are arguably the richest country on earth. You have a trade imbalance because you are rich and can buy everything you want. Nobody in onshoring manufacturing with this level of instability in the finances of this country at this time. Trump changes his mind too often to build billions of dollars worth of factories.

Trade imbalance causes debt. Debt causes payments. As debt grows, payment grow. Eventually it causes default. It's OK to have trade imbalance for some time. It can't last forever.

I'm pretty sure it can last indefinitely as long as you keep growing and don't sabotage yourself with massive tarrifs

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

#294

Post by gscott »

forinti wrote: post #190
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.

I think the most probable outcome is that Trump causes enough trouble to incite the whole country against him. I don't see him completing his term. He's going to be impeached.

The rich have always blamed others for the growing wealth gap.

Americans often point to outside forces instead of holding the government accountable.

Years of messaging have trained people to support tariffs, spending cuts, and even anti-immigrant policies—despite the need for labor.

The real issue isn't spending, it's taxation. And we've let China ignore WTO rules for too long. Trump should've targeted tariffs at China alone—but he is the president, not me.

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

#296

Post by rat87 »

steveBK123 wrote: post #107
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.

The "smart trumpers" I know have already staked out the entire range of possible outcomes: 1) He is completely restructuring global trade and decoupling us from China which is tough but necessary medicine because our biggest geopolitical adversary cannot be our largest trading partner 2) You can't believe half of what he says, he's all bluster, he's addicted to deals and will sign some fake deals to score a domestic…

2 ignores all the damage caused in the meanwhile

1 is wrong because if he wanted to decouple us from China he'd lower tarrifs on other countries especially close allies

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

#297

Post by SpicyLemonZest »

badc0ffee wrote: post #229
jmull wrote: post #188

Earlier quoted context omitted.

You found a puff piece from 2010 to extoll Trump? (It appears to be a promotional piece for a "CNBC Titans" episode featuring Trump.) I try to assume good intent, which includes not writing off the odd things people post as bot-generated, but in this case, attributing this to a bot is quite a positive spin.

Maybe it's a puff piece, but it contains examples of what he did with his life and businesses. You couldn't write an article like that after 2015 or so without it being influenced by his disaster of a political career. My point is, he didn't just sit on daddy's money, he actually pulled off a couple of savvy moves. There are plenty of other things to criticize him for.

Why would you want an article on someone that excludes context from their most impactful and most visible decade? It's true that an author today, who knows about his 2024 conviction for fraudulently overstating the value of his properties, would bring a much more skeptical eye to claims about what a success they were. Did he seem to be making better deals in 2010 because he was better at it then, or because nobody was looking as closely at whether they were really good?

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

#298

Post by jayd16 »

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…

I think its crystal clear there is no actual plan.

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

#299

Post by TZubiri »

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…

“Well, it’s still 145%, but Apple and Nvidia are exempted because their stock prices might take a hit.”

That's a massive misread. You are confusing the direction of influence between secondary public stock markets and federal executive orders.

The tariffs are supposed to strengthen self sufficiency, and discourage imports of stuff the US can do on their own.

Chip manufacturing, (which by the way is often only the manufacturing and not the design or IP of the chips), is an exception for whatever reason, may be labour costs, but it may also be that chips are a mineral heavy and diverse product, so it's one of the few products where autarky isn't feasible or very rewarding.

And there would be situations without exemptions where the US may have been incentivized to import the raw materials and rebuild megachip factories, of which there are only like a dozen in the world, creating a huge output inefficiency due to political reasons on two fronts.

Exceptions are reasonable.

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

#300

Post by rpgbr »

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…

The plan: What if we ran the richest, more powerful country on history as if it were a giant meme stock geared to benefit those in charge?
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