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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

#341

Post by lo_zamoyski »

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.

Trump is determined to be remembered by history for his bold moves and "greatness". There is no 4D chess here. There is no such thing as 4D chess.

At best, he's using these tariffs as a temporary means to exert pressure and watching how others respond to them, almost like acting like the crazy man with a gun to make people a little more willing to negotiate terms more favorable for the gunman. At least as a matter of intent, anyway. The actual effect is another matter.

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

#342

Post by whatshisface »

derefr wrote: post #322
prng2021 wrote: post #90

Earlier quoted context omitted.

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.

What about believing that he's a particularly-easily-manipulated patse (esp. when it comes to things he doesn't care about), and so this is someone else playing 4D chess through him? For all the accusations of fascism, nobody seems to remember that a key feature of fascism is a corporate-cabal shadow government that legitimizes its activities/policies by puppeteering the "real" government to both execute and justify…

That's what German industrialists were hoping to achieve through Hitler, but they didn't end up with anything like it.

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

#343

Post by TheAlchemist »

kristopolous wrote: post #335
TheAlchemist wrote: post #330

It's not even a week since Secretary of Commerce Lutnick was explaining how he wants to bring back millions of jobs 'screwing the little screws in iPhones' to Amercia ? There is really a good chance that we will develop a deep understanding of how the French Revolution happened and why they went straight to guillotines.

They gave every strong indication of their incompetence possible - over years. A bunch of people said "yay for incompetence" and here we are. These are the people who score in the bottom 20% and make up conspiracy theories on how they were right and it's the establishment who's wrong. Any random person waiting at a bus stop would likely have managed things better.

It's not that they are managing it badly that I'm talking about.

It's that they manage it in a way to maximize their personal profits, with an absolute disregard of the ordinary folks.

Tariffs are one example - none of it makes sense, but companies still pay millions for a 'dinner at Mar-a-Lago' to get a favorable treatment.

What's hapening with law firms is even more disgusting.

I get the feeling that a lot of Democrats and 'real' Republicans thinks that he will get what he wants and then they just wait out 4 years. It's an almost 80 years narcissist, who doesn't care about people nor law, and who dreams about becoming a King. It only gets worse from here, not better.

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

#344

Post by tekla »

alienthrowaway wrote: post #254
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.

> Trump won the popular vote. He did not, he got <50% of the total votes at final tally. People who parrot this are under-informed, or lying to claim a mandate his administration lacks.

74,749,891 v 77,168,458 for Trump. Last time I checked, thats winning the popular vote

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

#345

Post by belter »

standardUser wrote: post #317
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.

If this is an attempt at blackmail it appears to be failing. It's only been a few days and Trump has already unilaterally capitulated on several major positions. Unless he's blackmailing himself, the 'plan' is backfiring.

"Trump to investors: My policies will never change" - https://www.reuters.com/world/us/trump-investors-my-policies...

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

#346

Post by vbezhenar »

rat87 wrote: post #293
vbezhenar wrote: post #131

Earlier quoted context omitted.

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

US debt grows not linearly. Kind of exponentially or something like that. Economy growth does not match that.

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

#347

Post by stevenwoo »

TheAlchemist wrote: post #330

It's not even a week since Secretary of Commerce Lutnick was explaining how he wants to bring back millions of jobs 'screwing the little screws in iPhones' to Amercia ? There is really a good chance that we will develop a deep understanding of how the French Revolution happened and why they went straight to guillotines.

They just spouted two different justifications, jobs will come back to America, and robots will do the jobs. I guess the most generous explanation is jobs for people making robots in America by combining the two separate statements, but that's not even close to what they said.

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

#348

Post by enaaem »

rescripting wrote: post #97
prng2021 wrote: post #90

Earlier quoted context omitted.

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.

This isn’t advanced negotiation tactics, it’s mafia style negotiation tactics, which are 100% in character. See the law firms now providing him with 100s of millions in pro bono work to avoid punitive executive orders.

Imagine a mob trying to extort you while also stabbing himself and having a beef with the whole city at the same time.

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

#350

Post by freeone3000 »

sitkack wrote: post #142
unclebucknasty wrote: post #80

Earlier quoted context omitted.

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.

People should be more alarmed of these law firms, they will be used as his private army.

As opposed to his public army, which he actually does control as President of the United States. I’m alarmed of that.
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