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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

#471

Post by pcthrowaway »

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.

I think it's good to consider what the implications are if Hanlon's razor fails... but I'm not giving up hope that this is all just a result of the incompetence of Trump and his administration either.

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

#472

Post by TheAlchemist »

senderista wrote: post #458
karaterobot wrote: post #416

Earlier quoted context omitted.

I cannot tell what point you're making here. Why is this important to say?

Sorry for being vague. I was trying to point out that the first phase of the revolution (“the Revolution of 1789”) was basically a liberal aristocratic revolution not unlike the American Revolution. The radical egalitarians that orchestrated the Terror didn’t seize power until a few years later.

I stand corrected - thanks to pointing this out. Got to go back to some history books ! While I was aware that the Terror took some years to seize power, I always thought that guillotine usage started much sooner.

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

#473

Post by imbnwa »

enaaem wrote: post #348
rescripting wrote: post #97

Earlier quoted context omitted.

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.

Trump didn’t learn like he should’ve when he was under the thumb of Sammy the Bull

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

#474

Post by numpad0 »

owenversteeg wrote: post #247

I’m not seeing anyone discuss this here, so I figured I’d raise an important point: this style of tariffs is crushing for US manufacturing. While a universal tariff with no exceptions incentivizes domestic manufacturing, a selective tariff with specific industry exceptions is absolute poison. You might think, as the authors of this exemption did, “well then we will exempt computer parts.” Then people will simply impo…

People don't want incentivization of American domestic manufacturing. That's where the fundamental disagreement is, after all. People don't have confidence in American products built on US soil by upper middle class Americans. It's going to take long to (re?)build trust to reverse that.

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

#475

Post by senderista »

TheAlchemist wrote: post #472
senderista wrote: post #458

Earlier quoted context omitted.

Sorry for being vague. I was trying to point out that the first phase of the revolution (“the Revolution of 1789”) was basically a liberal aristocratic revolution not unlike the American Revolution. The radical egalitarians that orchestrated the Terror didn’t seize power until a few years later.

I stand corrected - thanks to pointing this out. Got to go back to some history books ! While I was aware that the Terror took some years to seize power, I always thought that guillotine usage started much sooner.

There were indeed quite a few informal lynchings in the early days, but not the organized mass executions of 1793-94 (which were largely provoked by war hysteria).

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

#476

Post by wnc3141 »

kevin_thibedeau wrote: post #13

Seems a bit anti-business to have an unequal playing field just for the star-bellied sneetches. Also silly that those with the biggest piles of capital are getting exemptions when the whole purpose of this exercise is to spur local investment in manufacturing. If anything, small businesses below some threshold of revenue/staff should be getting exemptions.

Trump is pro business in the same way Putin is. It's not good to be in the Russian oil business, unless you are Putin's chosen friend.

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

#477

Post by wnc3141 »

My cynical read is that there will eventually be complete corporate capture of these tariffs. Then firms will try to protect their carveouts that make unfair advantages.

Its about their corporate supporters choosing winners and losers. Its the only reason I can conjure that corporate America has otherwise been silent.

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

#478

Post by t-writescode »

techpineapple wrote: post #431
seafoamteal wrote: post #91

Has the Proton CEO acknowledged just how farcically off base he was when he said the GOP was the party of small businesses?

The thing that’s really been getting to me, is that, I’m liberal, not pro-Trump, but the MAGA American heartland story has been really getting to me. I want to see small business, manufacturing, small town American succeed. And there’s some part of me that thought maybe Trump, as much as I don’t like him, is the thing that is needed to make that happen, but man it seems like he’s really fucking over the people who su…

Some of the biggest boons to small business would be universal healthcare and that's just ... you know, never going to happen under a Republican president (or a Democrat, for that matter).

It would greatly ease the burden of employing others in small businesses and it would greatly increase the safety net of would-be entrepreneurs.

It would also improve works-rights-as-capitalism because you could more easily quit abusive employers and make employers more merit-based as well.

Addendum: The $450 I spend every month on health insurance is a meaningful part of my monthly spend as I'm trying to start my business.

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

#479

Post by roland35 »

wnc3141 wrote: post #477

My cynical read is that there will eventually be complete corporate capture of these tariffs. Then firms will try to protect their carveouts that make unfair advantages. Its about their corporate supporters choosing winners and losers. Its the only reason I can conjure that corporate America has otherwise been silent.

Will be? Seems like it already happened! All for a low price of a $1M dinner.
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