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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

#361

Post by joak »

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.

Completely agree no 4D chess here. Just a guy that wants to keep the attention on him, one day is kissing Russia's ass, the next day when "peace" is failing, it's tariffs, etc etc no strategy at all, just a show to stay on first page day after day.

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

#362

Post by dyauspitr »

aoeusnth1 wrote: post #349

One of the most surprising things about this announcement is that it didn't happen during business hours where the insiders could buy call options before hand.

Insiders already bought call before market close on the previous day.

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

#363

Post by tekla »

danaris wrote: post #264
aswanson wrote: post #228

Earlier quoted context omitted.

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 significan…

Elections are, in many if not most states, run electronically. I don't know about you, but I certainly don't trust all the companies that make the voting machines. For instance, does Musk own stock in some of them? Do their owners vote Trump?

Wait, do you also think Biden won because of voter fraud?

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

#364

Post by senderista »

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.

The French Revolution didn’t go “straight to guillotines”, not even close.

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

#365

Post by stevage »

9283409232 wrote: post #351
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.

Nothing about the tariffs make any sense. The want to use the tariffs to negotiate with countries but also say they want to use tariffs to bring back manufacturing. If you are using tariffs to negotiate then once the country gives you what you want, you have to lift the tariff thus the free market keeping manufacturing overseas. If you want to bring back manufacturing then you can't use the tariff to negotiate. I am…

Not to mention no one is investing in manufacturing if the economic conditions to support it get changed every day or two.

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

#366

Post by latexr »

9283409232 wrote: post #351
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.

Nothing about the tariffs make any sense. The want to use the tariffs to negotiate with countries but also say they want to use tariffs to bring back manufacturing. If you are using tariffs to negotiate then once the country gives you what you want, you have to lift the tariff thus the free market keeping manufacturing overseas. If you want to bring back manufacturing then you can't use the tariff to negotiate. I am…

> I am genuinely at a loss at how his supporters don't understand this.

His supporters value blind loyalty and obedience, not logic. They don’t stand for themselves, they stand against others. They’ll gladly suffer if they think the other side is getting it worse. They’re the perfect target to be exploited.

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

#367

Post by loudmax »

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.

The term for this is extortion.

The last time tariffs were this high, it led to rampant corruption as companies would pay off customs officers. This was one of the reasons for switching to an income tax. For the current administration this possibility counts as a major opportunity to generate personal wealth.

But this isn't the only reason for the policy. For someone who is at heart a coward, bullying and brandishing raw power over others is its own reward. That reason enough for the policy, and damn the consequences for the nation.

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

#368

Post by kristopolous »

TheAlchemist wrote: post #343
kristopolous wrote: post #335

Earlier quoted context omitted.

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 Democ…

If that was the case there'd be more coherency. There's these days where multiple people are asked a question, each answer is a shocking departure from policy and they all contradict and then an administrator comes out and is like "you're going to bring mining the global supply for rare earth minerals to Ohio?! Geology does not support you my good man".

So not even cynicism is supported by the evidence.

I mean they're also pillaging of course. Incompetent And malice. Both are possible

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

#369

Post by sorcerer-mar »

9283409232 wrote: post #351
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.

Nothing about the tariffs make any sense. The want to use the tariffs to negotiate with countries but also say they want to use tariffs to bring back manufacturing. If you are using tariffs to negotiate then once the country gives you what you want, you have to lift the tariff thus the free market keeping manufacturing overseas. If you want to bring back manufacturing then you can't use the tariff to negotiate. I am…

Typical cult leader stuff: say and do increasingly indefensible and nonsensical stuff to isolate your true believers even more.

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

#370

Post by loudmax »

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 was more or less the case during Trump's first administration. I think a lot of normie Republicans were hoping for a repeat of that. The ones that aren't in denial are being gravely disappointed.
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