The whole situation around tariffs is confusing, especially if you’re eagerly anticipating the iPhone 17 and want to know if the price is going to change. Well, following some changes over the weekend, it seems the whole mess is getting even more confusing.
Despite an announcement that various electronics, including smartphones, would be exempt from the 125% reciprocal tariff imposed against Chinese goods last week, the White House has confirmed this is only temporary. So rather than saving the iPhone 17 (and us) from price hikes, it seems like this change will only be valid “for a month or two”.
Commerce Secretary Howard Lutnick, the same man that defended tariffing an island inhabited solely by penguins, confirmed this in an interview with ABC News.
Pharmaceutical products will also be hit by a new, similar tariff.
All these new tariffs will be coming in the next couple of months and “are not available to be negotiated away by countries”. Which is just fan-flipping-tastic.
As usual Trump controls the narrative by continually causing chaos. That’s just another tool in his bag of tricks.
As usual Trump controls the narrative by continually causing chaos. That’s just another tool in his bag of tricks.
I agree with most of your post except that there is multi dimensional chess going on with so many irons in the fire, flooding the zone. All the while he’s not accomplishing anything but chaos and he’s in charge of conducting it to satisfy his changing daily whims. The chaos in the stock market, the Ukraine, immigration, lack of a coherent foreign policy, surrounding himself with dumber than dirt sycophants.No, there really isn't any multi-dimensional chess going on. I think they have vague goals, but they really don't understand how trade works. They have some really rich people in their administration, but Americans are going to find out the hard way that being really rich doesn't mean you understand economics, and in some cases, it doesn't even mean you understand how finance and micro works, either. Some people are just really good at raising capital and investing it for themselves, which is different than running a successful enterprise.
Most of these people have no ****ing clue what they're doing. They foolishly believe that they can use our national resources and our dollars as leverage to force the entire world to shift away from China and back to the United States, which is insane, cartoonish thinking.
Tl/dr: They just started a trade war without a lot of thought behind it with an adversary that's been preparing for a trade war for at least a good 5 years, if not longer. This doesn't end well -- for us anyway.
As usual Trump controls the narrative by continually causing chaos. That’s just another tool in his bag of tricks.
A new tariff will be coming "in a month or two"
Bad news — iPhone tariff exemption is only temporary according to US Commerce Secretary
A new tariff will be coming "in a month or two"www.tomsguide.com
It's brilliant! I just wish we knew how low Donnie Boy wants to take the market.
I agree with most of your post except that there is multi dimensional chess going on with so many irons in the fire, flooding the zone. All the while he’s not accomplishing anything but chaos and he’s in charge of conducting it to satisfy his changing daily whims. The chaos in the stock market, the Ukraine, immigration, lack of a coherent foreign policy, surrounding himself with dumber than dirt sycophants.
It's brilliant! I just wish we knew how low Donnie Boy wants to take the market.
Here's trump now talking about suspending car parts tariffs. This is how this shit administration moves. Enact blanket stupidity and then start pulling back pieces and parts as they finally realize how things actually work. It's how they do tariffs and how they've ran doge.
POTUS has no clue what's going on.I watched that interview, no one in the administration has any idea what is going on.
Trump is allowed to control things by his handler. Do we all know who that is?As usual Trump controls the narrative by continually causing chaos. That’s just another tool in his bag of tricks.
MAGAs are in such awe.Here's trump now talking about suspending car parts tariffs. This is how this shit administration moves. Enact blanket stupidity and then start pulling back pieces and parts as they finally realize how things actually work. It's how they do tariffs and how they've ran doge.
We use an androit tracphone and pay about $100/year.Just got 16 Pros for all four of us, and Verizon owns our asses for at least two years. I might get an iPhone 19 when it comes out.
Apple's market cap is higher than Canada's GDP so they can afford to accelerate their move to India, who is far more eager to make a trade deal with Trump than China.
Trump is allowed to control things by his handler. Do we all know who that is?
Thinking...i don't think we do, and i don't think you know who the real Oligarchs running the show are. the Masters work behind the Screen, not out in front.
the show must go on.
.
Thinking...
Ride the flush.brilliant?
ElChup, should we buy the dip, the swirl or the Crash ??
or maybe the KaBoooom....
I watched that interview, no one in the administration has any idea what is going on.
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