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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

#401

Post by rchaud »

jayd16 wrote: post #298
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.

Much like Russia's overnight transition to a market economy in 1991, which opened the door to oligarch pillaging of national resources, 2 successive economic crises and a bond default, and 2 brutal wars in Chechnya.

Something tells me Trump's top economic advisers aren't based in the US, just as Yeltsin's strings weren't being pulled from Moscow.

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

#402

Post by atomicnumber3 »

dyauspitr wrote: post #357
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.

It’s the looting of America while they use the same old racial ideologies so their supporters don’t break rank even under abuse.

Racism is a tool wielded by the owner class to divide workers as they wage class warfare against them.

The grassroots development of class consciousness and a united working class is our only way out of this.

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

#403

Post by ineedaj0b »

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…

they thought it up and published a report back on it in nov 2024.

here's the plan, you can use it to advise your investments:

https://www.hudsonbaycapital.com/documents/FG/hudsonbay/rese...

the media is garbage and they can't cover anything well enough to inform. but i bet clicks are up!

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

#404

Post by rchaud »

Flip-per wrote: post #134
reaperducer wrote: post #82

Earlier quoted context omitted.

it’s difficult to discern any coherent U.S. strategy—assuming one even exists The strategy is to keep everyone unsure what might come next. It's like in boxing. When you hit your opponent and leave them confused and uncertain what you might do next, you use that to your advantage and keep on hitting. It's how you "win." As if there are any winners here.

He isn't really hitting an opponent though, he is mainly hitting the U.S.

If Trump has learned anything, it is that the US is a lot easier to bully than others. He is convicted of a felony, he talks down to his own voters, abandons his biggest promises (repealing ACA and building a wall) and they still let him lead the country!

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

#405

Post by ineedaj0b »

jayd16 wrote: post #298
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.

https://www.hudsonbaycapital.com/documents/FG/hudsonbay/rese...

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

#407

Post by timschmidt »

9283409232 wrote: post #400
timschmidt wrote: post #396

Earlier quoted context omitted.

> Even if we had all of the raw materials needed (we don't), What is this brand of defeatist bullpucky? There is no raw material which is not contained within the borders of the US. Only some which are less expensive to extract elsewhere. > the US doesn't have the talent to spin up a manufacturing hub. I humbly invite you to visit https://www.imts.com/ this year in Chicago. If, after that, you believe that there's so…

> What is this brand of defeatist bullpucky? There is no raw material which is not contained within the borders of the US. Only some which are less expensive to extract elsewhere. Let me rephrase this. We don't have the raw materials unless we destroy national parks and pollute our waterways. We also don't have the facilities to process these materials. > I humbly invite you to visit https://www.imts.com/ this year i…

> Let me rephrase this. We don't have the raw materials unless we destroy national parks and pollute our waterways.

I've got news for you, that ship sailed a hundred, two hundred years ago. Most of the eastern seaboard of the US was clearcut of old growth forest. What we have now on the east coast is new growth. Still, the number of acres of old growth remaining is staggering: https://en.wikipedia.org/wiki/List_of_old-growth_forests#Uni... And I see no problem with forestry when practiced sustainably.

If you're asking for no resource extraction, then you're asking either for negative economic growth or exploitation of someone else somewhere else. Far more responsible to regulate the industry here, where we have jurisdiction to ensure it is done sustainably, safely, and equitably. And far better for economic integrity in cases of pandemic or war.

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

#408

Post by freeone3000 »

amelius wrote: post #259
pseudalopex wrote: post #253

Earlier quoted context omitted.

Pausing tariffs was an official act. The Supreme Court ruled courts could not consider presidents' motives for official acts.

But what about leaking information about it?

It’s not “insider” trading if you post about it publicly on Truth Social, the same way it’s not “insider” trading if you took out an ad in the New York Times.

The government is allowed to announce policy before doing it! Even if it affects stock prices!

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

#410

Post by amelius »

freeone3000 wrote: post #408
amelius wrote: post #259

Earlier quoted context omitted.

But what about leaking information about it?

It’s not “insider” trading if you post about it publicly on Truth Social, the same way it’s not “insider” trading if you took out an ad in the New York Times. The government is allowed to announce policy before doing it! Even if it affects stock prices!

Yeah, I'm not on that social media, nor do I read NYT. The same holds for millions of others.
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