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

Post by Braxton1980 » Sun, Apr 13, 2025, 1:37 AM UTC

wisty wrote: post #385

9283409232 wrote: post #351

Earlier quoted context omitted.

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…

Maybe Trump genuienly wants to disrupt neoliberalism? Now, a lot of people on the left use "neoliberalism" in the same way people on the right use "woke", or (Eu) football fans use the word "offside" i.e. it means "it's anything the other side do that I don't like". But neoliberalism actually has a definition used by more serious people - generally free trade and the reduction of government interference. Maybe Trump…

Post by [deleted] » Sun, Apr 13, 2025, 1:43 AM UTC

BeFlatXIII wrote: post #64

dkrich wrote: post #47

Earlier quoted context omitted.

There is no plan. Talk tough, reverse under pressure, rinse repeat. Anyone surprised must not have watched season one which aired in 2019.

If Trump is America's Napoleon III, who is the world's modern Otto von Bismark?

Post by malcolmgreaves » Sun, Apr 13, 2025, 1:56 AM UTC

loudmax wrote: post #367

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.

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…

Post by cookiengineer » Sun, Apr 13, 2025, 1:58 AM UTC

vasco wrote: post #33

FranzFerdiNaN wrote: post #25

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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…

Post by stafferxrr » Sun, Apr 13, 2025, 2:02 AM UTC

jeswin wrote: post #166

I am among the few who think it might eventually prove itself a good idea. To start with, Europe has no good cards to play. Ultimately, Europe will side with the United States while it builds self-sufficiency on several fronts, especially defense. Europe also recognizes that the complete relocation of production capacity into China wasn't good in the long run; it's just that they had no ability to act on their own. T…