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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

#111

Post by hackernewds »

prng2021 wrote: post #90
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 keep seeing these explanations of “4D chess”. It’s Donald Trump. He has absolutely no idea what he’s doing when it comes to economic policies. Unless you believe he can see into the future of how other world leaders would react and consistently outsmart everyone else, there’s no 4D chess being played.

hard to attribute to competence what you can attribute to malice. just as law firms are being squeezed for $600 million of services through extortion, this is Mafia mentality as well where first something is held hostage and then negotiated for. given the parties involved, I would even assume that there is personal benefits staked in this, and lots of insider trading of course

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

#112

Post by [deleted] »

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…

[deleted]

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

#113

Post by blitzar »

vFunct wrote: post #84
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.

Which didn't really work since what exactly are US tech companies giving Trump in exchange for eliminating tariffs? And are only large corporations expected to play? I import shopping bags from Chinese manufacturers from my store, like millions of other small businesses do. What exactly are we supposed to offer Trump?

Buy a meal at Mar-A-Lago, $5mil a plate.

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

#114

Post by steveBK123 »

jm4 wrote: post #63
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.

It’s total bullshit. Part of my business involves direct import and that’s now impacted by tariffs. The cherry on top is that what I import is not and cannot be produced in the U.S. I source a number of other products from suppliers in the U.S. and literally every single one of them is impacted by tariffs somehow, whether it’s ingredients, packaging, etc. that comes from somewhere else. Some of my materials originate…

The whole thing strikes me as a bunch of nepobaby/fake academic/banker bro advisors who have no idea how the physical world works. As much as I think Musk is a bad actor at this point, talking to him about supply chains would have highlighted how insane this whole plan was from day 1.

My dad is a retired EE who dealt with the 90s offshoring wave and described the process of spinning up offshore production with a new supplier/factor/product as a 1-2 year process.

Now imagine every producer with China exposure trying to do this at the same time dealing with the same limited ex-China options? Nothing was happening in the 90 day pause, let alone before the 2026 midterms or before the end of his reign in 2028.

Complete chaos for American companies who are left with no good options other than try to wait it out, and pass on excess cost to consumers in interim.

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

#115

Post by badc0ffee »

ToucanLoucan wrote: post #55
jmull wrote: post #49

Earlier quoted context omitted.

> 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 i…

I mean, his rich friends made 340 billion in the stock market chaos. So I suspect there is at least a vague plan, but it has nothing to do with anyone but himself and those who support him getting richer. But that's the only plan I think Trump has ever had in his entire life, or will ever have. Like he's just not that deep. He's an incredibly shallow, inexperienced, dim, incurious old man who has never worked a job i…

I don't like him either, but it's not like accomplished nothing: https://www.cnbc.com/2010/11/09/Donald-Trumps-Best-and-Worst...

There are some failures in there but also some wins, like buying air rights for. Heap and making effective use of them.

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

#117

Post by stefan_ »

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…

Import Chinese battery: 145% tariff

Import Chinese battery inside Chinese laptop: 20% tariff

Import Chinese battery inside Vietnamese laptop: 0% tariff

Truly this will bring back American manufacturing!

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

#118

Post by ftorres16 »

vasco wrote: post #33
FranzFerdiNaN wrote: post #25

Earlier quoted context omitted.

America has finally become the banana republic it has accused others of being.

That's a funny way of looking at it because the banana republics weren't called that because they were "bananas" or something. They were called that to identify which of those countries had had state and megacorp interference and government toplings, by mostly the United Fruit Company - an American company. Whatever the banana republics were they were turned into that by the US's doing, so it's funny that now the ter…

It bears some resemblance to the Imperial Boomerang.

https://en.m.wikipedia.org/wiki/Imperial_boomerang

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

#119

Post by brookst »

throwaway48476 wrote: post #106
brookst wrote: post #94

Earlier quoted context omitted.

“Fix” implies it’s broken. This is like saying it’s one way to fix America’s relative wealth.

If you spend more money than you make, then yes it's broken. And no printing money is not a solution, it's just a different form of taxation.

Are you confusing the budget deficit with the trade deficit? Is that what all this is about?

I spend far more on restaurants, household services, and vehicle maintenance than those companies pay me. I have a massive trade imbalance with those companies.

But that has nothing to do with whether my household budget is balanced.

Do people really think that making goods more expensive for consumers will somehow produce the funds to support even greater tax cuts for billionaires?

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

#120

Post by samtheprogram »

integricho wrote: post #73
pb7 wrote: post #53

Earlier quoted context omitted.

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

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

False, you said:

> only the richest companies getting exemptions

…when the reality is that certain classes of goods were exempted. You reiterated the clickbaity headline.

Products like the Librem phone have exceptions. Is Purism one of the richest companies?

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