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Trump exempts phones, computers, chips from new tariffs

Pyrite said:

President Trump exempts smartphones, computers, microchips from new tariffs

The Trump administration late Friday exempted smartphones, computers and other electronic imports from President Donald Trump's reciprocal tariffs.
www.usatoday.com

...While excluded from the 125% reciprocal tariffs on China, the tech products appear to still be subject to 20% tariffs Trump previously imposed on Beijing in retaliation to the manufacturing of fentanyl in China.

Although semiconductors are exempt from the tariffs, Trump has previously discussed plans to target semiconductors with industry-specific tariffs on imports from all countries. He has yet to impose these tariffs, however. The White House on Saturday said potential tariffs on semiconductors are under review....
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This is going to get extremely complicate fast . . .
 
Hello My Son said:
A stock and bond market stabilization. I thought that motivation was pretty self-evident because he needed to stop the bleeding from making him look any worse. Although Trump would say that he got several dozen countries to come to the table to meet the 90 day window of open negotiations. Time will tell if that pans out to be true and/or fruitful.

Regardless, Trump has always wanted to focus primarily on China and has never hidden that fact. He obsessively spoke about China dating back over 10 years now. All of the other countries are secondary to him.
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Given the opening gambit, Trump may find China a tougher nut than he realizes.
 
Hello My Son said:
I have no doubt that many countries voluntarily asked to negotiate. If they hadn't, Trump would still be publicly admonishing them. Instead, he's focused primarily on shit-talking China.

And I haven't made any comments as to his effectiveness or lack thereof--merely, I just stated what I believe his personal goals to be.
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Absolutely.

But we shouldn't doubt for a moment how reticent the "askers" may become, when it comes time to sign on the dotted line and put their kind words & smiles to task.

"Keep your friends close, and your enemies closer"
 
dobieg said:
lol

My porfolio is spread across the entire spectrum of risk. Sorry but the entire world economy would need to collapse for me to be back in the trailer park. Actually even then it wouldn't happen. The beauty of having no debt and a home sitting on natural resource rich land. Something city people would have no idea about.


And my arrogance is a direct response to the over the top stupidity and anti America sentiment that permeates this cesspool of a forum. I can't count how many liberal posts I've seen here the past month or so actively hoping for our economy and country to fail because they don't like the person in charge.
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Yeah, and the hope of a deep economic recession was wished by MAGA from Jan 20, 2021 to Jan 19, 2025.

Anti-American sentiment? Nothing in my initial post to you implied wishing for any kind of economic failures. In fact, I don’t care who occupies the White House, I want America to prosper.

People have a right to be pissed at Trump for his tariff tantrums, it’s caused a lot of stress. And now we are seeing him back off many of his boasting tariff claims.
 
Lursa said:
I considered mentioning that. China really doesnt have to do anything. Esp not directly in appeasement to the US.

They can ignore us. They can and do widen their markets and influence in other countries...undercutting US trade.
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Yep

That is why China has put a focus on promoting domestic brands over the last 15 months years or so. So that when tariffs do hit, Chinese companies can redirect trade to other countries but at a higher profit to said companies than they would have gotten making the products for other companies like Apple for instance
 
Jetboogieman said:
The thing is, if this bond sell off continues, China doesn’t have to do anything, they can just sit back, continue their part of the bleed and watch as it looks like there may be a move away from American assets.
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Jetboogieman said:
We cannot know the future for sure, but Trump and those around him simply aren’t smart enough to understand the multitude of side effects their actions are causing and they WILL mishandle those.
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Jetboogieman said:
Gonna be incredible to watch, America is shitting the bed in real time.
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The bolded is indeed profound.

Trump & his team totally mishandled these tariffs, which will spawn other crisis which they in-turn will also mishandle.

To let Trump loose on the World Economy has turned into an epic disaster.

God only knows where it may end?
 
Chomsky said:
The bolded is indeed profound.

Trump & his team totally mishandled these tariffs, which will spawn other crisis which they in-turn will also mishandle.

To let Trump loose on the World Economy has turned into an epic disaster.

God only knows where it may end?
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So hard to say.

If there is a real capital flight from US assets, the US is in deeep trouble, but you could see it coming, as I said Feb 5:

Trump is going to seriously **** something up

I know I will be accused of “wanting” something bad to happen. But those of us who’ve studied the 2008 financial crisis in detail know, what it took to stop that situation from teetering into a full blown economic meltdown and for sure, I can sympathize with those who say the banks should not...
debatepolitics.com debatepolitics.com

It was very obvious there was going to be no controls, no wisdom, no knowledge and no thought process behind what he was doing.

I still won’t forgive Schumer for partially causing this crisis, but Schumer knew what he was doing when he passed that bill giving Trump more power over Tariffs, he gave Trump the rope to hang himself with at the expense of… well basically everyone.

If Trump reverses course quickly and then completely shuts the **** up for the next 4 years, there’s a chance some of the damage can be undone… though I think that window is rapidly closing if it hasn’t already.

But How likely do you think that is?
 
Jetboogieman said:
So hard to say.

If there is a real capital flight from US assets, the US is in deeep trouble, but you could see it coming, as I said Feb 5:

Trump is going to seriously **** something up

I know I will be accused of “wanting” something bad to happen. But those of us who’ve studied the 2008 financial crisis in detail know, what it took to stop that situation from teetering into a full blown economic meltdown and for sure, I can sympathize with those who say the banks should not...
debatepolitics.com debatepolitics.com

It was very obvious there was going to be no controls, no wisdom, no knowledge and no thought process behind what he was doing.

I still won’t forgive Schumer for partially causing this crisis, but Schumer knew what he was doing when he passed that bill giving Trump more power over Tariffs, he gave Trump the rope to hang himself with at the expense of… well basically everyone.

If Trump reverses course quickly and then completely shuts the **** up for the next 4 years, there’s a chance some of the damage can be undone… though I think that window is rapidly closing if it hasn’t already.

But How likely do you think that is?
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I does seem you called this from the get-go.
 
Chomsky said:
How quickly do you think it takes to build-up a fab to produce Apple SoC?
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Apple doesn't use anything special they get flea market trash from China. And then turn around and charge $1,000 for phones. All this means for Apple is the CEO isn't going to be able to afford his gold-plated toilet brush this year.
 
Elect an incompetent guy to do incompetent things incompetently, and get incompetent results. Who wuuda thunk??

Trump is an impulse driven manager. He's not a planner. He is not the guy that sits downs with expert advisors to do serious analysis of how his to achieve his goals. That is part of what the cult love about him. Unfortunately, that isn't how you run a country, and in term 2 Trump deliberately removed the annoying expert advisors that helped him in term 1. That might be Ok in a small, closely held company, but is a disaster when the business gets complicated and involves a lot of external players. The US economy and international relations is about as complicated as things get unfortunately.

Trump is clearly running scared of all the damage he has caused, and the even worse damage that is now almost certainly coming. Problem now is that his trying to undo the damage is being driven by whoever gets in his ear, rather than a proper plan. This means more uncertainty and more random policy changes, which is a big part of why both foreign and national confidence has been disappearing from the US. The US economy and especially the US$ lives on confidence. These latest tariff changes will help US consumers and companies a bit, but I don't know that it changes much in terms of other countries looking to decouple from the crazy random US.
 
Jetboogieman said:



This absolute retard doesn’t know what he’s doing.
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I'm not so sure about that. Trump announces tariffs, the stock goes down on targeted products. Trump "renegotiates" the tariffs and the stocks go up. This happens not just once but over and over in a predictable fashion. Buy low sell high ..... makes a profit in the stock market. Who's making money from this chaos charade?
 
W_Heisenberg said:
What’s this aversion that Trump supporters have to reading?

Did you not read the article?

Are you bothering to track what’s being posted in this thread?

I guess Fox News has not yet informed you of the exemptions yet?
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I was informed of the exemptions before you were. Logical era because I don't rely on the news media from 1981
 
Chomsky said:
Given the opening gambit, Trump may find China a tougher nut than he realizes.
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I was thinking the same thing. They may end up being two peas in a pod along certain characteristics...
 
So now you pay huge tariffs if you import the separate parts to build a computer, but not if you import a ready made computer. How does this help American manufacturing companies?
 
Question - When say Apple bring manufacturing back to the US, it is almost certainly going to be more expensive than their China manufacturing. China is also a very important market for Apple products. So what do Apple do??

1) Do they relocate all their manufacturing to the US meaning a global increase in prices for their products and a corresponding loss in market share? Also meaning a lot of abandonment costs in China. Also the risk of being locked out of the Chinese market.

OR

2) Do they downsize in China and manufacture for the world, ex USA in China, and manufacture just for the US in the US? Means a smaller and cheaper to set up plant(s) in the US, and they keep competitive in their other markets, including China. Costs more to run the extra plants in total, but the China ones already exist. So is it better for Apple to carry that extra operational multi site cost instead of losing the Chinese market and market share everywhere else?

My gut feeling says options 2, especially with the risk of the CCP just straight locking Apple out of China using what the US did to Huawei as precedent. Of course it isn't just Apple. Think every US brand that manufactures in China. If I am running one of those brands I would be thinking very carefully about how I go forward.

I don't know what pressure will be applied by Trump to the people that run these companies. Maybe he threatens them somehow if they don't totally abandon China. In reality though, the best way for Trump to achieve his trade balance goals without massively harming these US companies is probably to let option 2 be a perfectly acceptable option.
 
weaver2 said:
I'm not so sure about that. Trump announces tariffs, the stock goes down on targeted products. Trump "renegotiates" the tariffs and the stocks go up. This happens not just once but over and over in a predictable fashion. Buy low sell high ..... makes a profit in the stock market. Who's making money from this chaos charade?
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If they are doing that, it’s the dumbest thing ever as they could quickly lose control of the situation, there are multiple unintended consequences (that they didn’t think about) that are starting to build that a “dropping of all tariffs” can’t fix.

The Fed may be able to turn on the money printer and bail out their stupidity, but there’s one thing the US can’t print: Trust.

You can get away with lying to domestic audiences…

But in international diplomacy, trust is still currency.
 
Manc Skipper said:
So now you pay huge tariffs if you import the separate parts to build a computer, but not if you import a ready made computer. How does this help American manufacturing companies?
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Trump and his supporters are not very intelligent.
 
CLAX1911 said:
I was informed of the exemptions before you were. Logical era because I don't rely on the news media from 1981
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Oh, so you did learn that Trump caved like the loser he is. Glad to hear it. Because it seemed like you hadn’t heard the news that Trump lost again like the loser he is.
 
Jetboogieman said:
If they are doing that, it’s the dumbest thing ever as they could quickly lose control of the situation, there are multiple unintended consequences (that they didn’t think about) that are starting to build that a “dropping of all tariffs” can’t fix.

The Fed may be able to turn on the money printer and bail out their stupidity, but there’s one thing the US can’t print: Trust.

You can get away with lying to domestic audiences…

But in international diplomacy, trust is still currency.
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Do you think Trump and friends are worried about "trust"
 
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