Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

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

bloomberg.com

Post reply on HN
Print view View original

221–230 of 931 posts

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

#221

Post by vkou »

dev_l1x_be wrote: post #181
perihelions wrote: post #59

This reads to me as "we're doubling-down on 145%+ tariffs for everyone else". This is getting frighteningly close to a Russian-style economy. As in, a handful of powerful, connected "insiders" will be allowed to operate businesses, and will dominate... while everyone else gets wiped out, by acts of government. The furthest system possible from the free-market paradigm that built the American economy as it stands toda…

I thought this is what happened during covid already. We wiped out a large number of small businesses. https://www.ons.gov.uk/aboutus/transparencyandgovernance/fre...

Small businesses die and start all the time.

It's unsurprising that more of them would die during a massive recession and a global pandemic.

Those numbers are meaningless without a similar count of small businesses opening.

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

#222

Post by vkou »

Herring wrote: post #186
aswanson wrote: post #178

Earlier quoted context omitted.

Exactly. I hope our government can survive the next 4 years for criminal investigations into this era. We can't become Russia.

Trump won the popular vote. I don't think this is going away without a major demographic shift, time probably measured in decades.

He won the popular vote in a year when incumbents across the world ate shit at the polls because of COVID inflation.

The US had the smallest drop in support for an incumbent party.

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

#223

Post by acdha »

Herring wrote: post #186
aswanson wrote: post #178

Earlier quoted context omitted.

Exactly. I hope our government can survive the next 4 years for criminal investigations into this era. We can't become Russia.

Trump won the popular vote. I don't think this is going away without a major demographic shift, time probably measured in decades.

He won by a single point, when 30% of the population didn’t vote. It’s not good for the future of the country that he got anywhere as many votes as he did but we should remember that an emboldened minority is still a minority.

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

#224

Post by eej71 »

perihelions wrote: post #59

This reads to me as "we're doubling-down on 145%+ tariffs for everyone else". This is getting frighteningly close to a Russian-style economy. As in, a handful of powerful, connected "insiders" will be allowed to operate businesses, and will dominate... while everyone else gets wiped out, by acts of government. The furthest system possible from the free-market paradigm that built the American economy as it stands toda…

There will be a new aristocracy. The aristocracy of pull. #iykyk

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

#225

Post by kgwgk »

m348e912 wrote: post #151
kgwgk wrote: post #98

Earlier quoted context omitted.

"Star-bellied sneetches" maybe, but it's not about "biggest piles of capital" as much as about importing things with the following codes: 8471 8473.30 8486 8517.13.00 8517.62.00 8523.51.00 8524 8528.52.00 8541.10.00 8541.21.00 8541.29.00 8541.30.00 8541.49.10 8541.49.70 8541.49.80 8541.49.95 8541.51.00 8541.59.00 8541.90.00 8542

It took me a minute to figure out what you were referring to: | Code | Description | |--------------|------------------------------------------------------------------------------| | 8471 | Automatic data processing machines (e.g., computers, servers, laptops) | | 8473.30 | Parts/accessories for machines of 8471 (e.g., computer parts) | | 8486 | Machines for manufacturing semiconductors or ICs | | 8517.13.00 | Smartp…

I copied the codes from the actual government communication: https://content.govdelivery.com/bulletins/gd/USDHSCBP-3db9e5...

As other commenter says, it’s interesting that there are also exceptions within the exceptions.

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

#226

Post by acdha »

koolba wrote: post #148
joshuanapoli wrote: post #144

Earlier quoted context omitted.

This is a populism move, not pay-to-play. The imminent reality would have been this: many Americans will want to take a vacation to Canada to get a deal on their phone. That just doesn’t make sense.

> many Americans will want to take a vacation to Canada to get a deal on their phone. That just doesn’t make sense. If they’re following the law they’d have to declare the purchase when they come home.

Yes, but people don’t always follow the law. CBP reported a spike in people smuggling eggs last month, and the margin on iPhones is a lot more tempting.

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

#227

Post by CharlesW »

bluedevilzn wrote: post #214
dtquad wrote: post #189

Earlier quoted context omitted.

>This assumes that he has more power than the tech companies lol Even the San Francisco city council is bullying American tech companies and tech executives. The power of US tech companies is vastly overstated.

The biggest mistake tech companies have done over the past 2 decades is not spending enough money lobbying. Every other industry manages to stay under the radar by continuing to pay both sides. Tech industry never got involved in politics so they were easy targets for politicians on minor issues.

> The biggest mistake tech companies have done over the past 2 decades is not spending enough money lobbying.

What does "enough" look like?

https://www.datawrapper.de/_/Ldiwf/

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

#228

Post by aswanson »

sylos wrote: post #218
Herring wrote: post #186

Earlier quoted context omitted.

Trump won the popular vote. I don't think this is going away without a major demographic shift, time probably measured in decades.

Tinfoil hat time, I don't think the man claiming everyone else cheated and who got caught cheating in a previous election got all his votes in a legal manner

All the data suggests the opposite. He wasn't in a position of power at the time; the federal government was controlled by the democrats. Elections are run at the state level and are so disparate procedurally that Russia gave up trying to flip them directly. There has been no discrepancy between exit polls and the results. We have to face the fact that this is who the United States chose, and this is who a significant portion of the electorate is ok with.

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

#229

Post by badc0ffee »

jmull wrote: post #188
badc0ffee wrote: post #115

Earlier quoted context omitted.

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.

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.

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

#230

Post by ojbyrne »

eastbound wrote: post #198
asadotzler wrote: post #155

Earlier quoted context omitted.

So all anyone has to do to qualify is produce some of the most complicated electronic devices and components in the history of the world at the largest scale possible, without which there is zero chance of being sustainable or competitive, and then they can benefit from the gifts to the established giants? What a gift. What a great idea. That'll surely spur innovation and domestic production and have no effect to fur…

And if you build your tech in US, well, you are disadvantaged because you have to pay the tariffs on every component you import from China. So it’s actually an incentive to build in China.

So is your component in the list from a comment below -

https://news.ycombinator.com/item?id=43665766

Then you don't pay the tariff.

Post reply on HN