Trump exempts phones, computers, chips from new tariffs

[Hello My Son]

You provided the article as evidence of a Trump deal, which is your claim.

Incorrect. I never said anything about Trump making a "deal" with Nvidia.

First, in a discussion about Apple, I said that APPLE ITSELF would likely be negotiating with Trump to try and get in his good graces.

Then, I said that, because he's a narcissist, there's no way Trump would grant exemptions to the tariffs without getting something out of it that he could declare as some kind of victory.

Go back and look for yourself. My quotes are right there in plain sight.

Are you changing your story now?

No.

I still firmly believe that as a narcissist, Trump wouldn't grant exemptions for the tariffs without having some personally-adventitious reason for doing so. Most likely, Nvidia had contingency plans in place several months ago in the event that Trump won and implemented his often-touted plans to issue tariffs that would directly impact their bottom line.

Once the tariffs were initiated, Nvidia likely reached out to Trump and informed him of their already-in-action plans, thus using it to their advantage to negotiate a reprieve.

 

[Hello My Son]

What are his tariffs... Exactly? Lol

You want me to list out every single tariff? I'm not going to do that because they're already widely available for your perusal:

Full list of Trump’s tariffs: a country-by-country look after the 90-day pause

Give the exact countries. Products, amounts and timeframe they will. Apply

No. That's a stupid demand.

Are they guaranteed not to change?

Did anyone claim they'd be guaranteed not to change?

That's what companies need to plan intelligently

Not really. For a company like Nvidia who does a great deal of manufacturing out of China, they were well aware of Trump's plans for a massive blanket tariff on China. It wouldn't be rocket science for them (not that they aren't capable of comprehending rocket science) to come up with multiple contingencies depending on the plans implemented.

It's interesting that you seem to think that companies don't make multiple sets of plans covering various possibilities. If they were an "eggs all in one basket" outfit, they wouldn't stay in business very long. This is Business 101.

 

[Atomic Kid]

I thought we were getting tiny screw jobs back

Nope, all we are going to get is screwed.

 

[TobyOne]

So should I buy a new laptop or no ?

 

[jpn]

 

[Pyrite]

You do realize we can thank the Chips Act for that, correct? For those not up on such things, the Chips Act was a bi-partisan piece of legislation backed by the Biden administration designed to bring the semi-conductor industry back to the US and reduce our dependency on China and Taiway. It is actually the right way to accomplish economic goals, not capricious tariffs.

Is the Chips Act Really Working?

Historical analysis shows mixed results for US industrial policy, with R&D support being the most successful. The CHIPS Act's specific industry focus and national security objectives may justify federal intervention, despite early challenges in implementation.

www.aei.org

Fact-checking Joe Biden’s statement on the CHIPS Act

Ahead of his 2024 State of the Union address, President Joe Biden said that legislation under his watch boosted private

www.politifact.com

The Chips Act Has Been Surprisingly Successful So Far

Debate about the Chips Act has focused on delays and manufacturing difficulties, but the vast volume of investment tells a different story.

www.aei.org

https://www.piie.com/publications/piie-briefings/2025/industrial-policy-through-chips-and-science-act-preliminary-report

Good catch!

Thanks.

 

[TobyOne]

If any country wanted to engineer its decline it would adopt the modern liberal agenda. Its almost working.

 

[Hello My Son]

You do realize we can thank the Chips Act for that, correct? For those not up on such things, the Chips Act was a bi-partisan piece of legislation backed by the Biden administration designed to bring the semi-conductor industry back to the US and reduce our dependency on China and Taiway. It is actually the right way to accomplish economic goals, not capricious tariffs.

Is the Chips Act Really Working?

Historical analysis shows mixed results for US industrial policy, with R&D support being the most successful. The CHIPS Act's specific industry focus and national security objectives may justify federal intervention, despite early challenges in implementation.

www.aei.org

Fact-checking Joe Biden’s statement on the CHIPS Act

Ahead of his 2024 State of the Union address, President Joe Biden said that legislation under his watch boosted private

www.politifact.com

The Chips Act Has Been Surprisingly Successful So Far

Debate about the Chips Act has focused on delays and manufacturing difficulties, but the vast volume of investment tells a different story.

www.aei.org

https://www.piie.com/publications/piie-briefings/2025/industrial-policy-through-chips-and-science-act-preliminary-report

No, I don't realize that because nobody other than you has made this claim.

Nvidia made a surprise announcement TODAY, 48 hours after they were exempted from tariffs on China directly impacting their bottom line, and you jump right to the conclusion that they made this decision primarily because of legislation that was passed over 2 1/2 years ago, without any evidence whatsoever?

Also, proclaiming the CHIPS Act to be the reason defies other things we do know. Namely, this investment is to build supercomputers in the US, without a primary focus on semiconductors, which is what the CHIPS Act is related to. And while Nvidia is also going to build some AI chips in their US facilities, they're doing so in partnership with two Taiwanese chipmakers (FoxConn and Taiwan Semiconductors), so they will undoubtedly be building some chips overseas as well. Also notable is that the chips being constructed are advanced AI chips, which weren't on the radar when the CHIPS Act passed. So while it's undoubtedly true that the CHIPS Act benefits a portion of their plans, there is no indication whatsoever that the it's what brought their plans into fruition. Especially not related to building supercomputers.

 

[jpn]

If any country wanted to engineer its decline it would adopt the modern liberal agenda. Its almost working.

How clever.

 

[Argent]

The CHIPS Act was signed into law 2 1/2 years ago. If it was a response to that, it would've happened much sooner.

In general, it takes at least that long to find land to build manufacturing facilities, hire staff, and get operations up and running. Retrofitting existing facilities takes a fair amount of time also.

 

[smb3802]

Trump is the bat-s**t crazy guy who slaps himself on the right cheek and says tariffs will save the economy from itself...then slaps himself on the left cheek and says tariffs will ruin the economy. In the not to distant future the APA is come out with a new DSM with Trumphoria listed as a new mental illness.

 

[jpn]

The CHIPS Act was signed into law 2 1/2 years ago. If it was a response to that, it would've happened much sooner.

How much sooner? How soon should it take investors and/or board rooms to agree on an expensive, always risky plan? How long do the architectural plans for it take? How long does finding a suitable location take? Then how long does the required permits and studies take? How long before the first shovel hits the dirt?

About three to five years, I've read.

 

[BirdinHand]

The CHIPS Act was signed into law 2 1/2 years ago. If it was a response to that, it would've happened much sooner

Tell us you’ve never been a part of building anything…

 

[Michael Cole]

How much sooner? How soon should it take investors and/or board rooms to agree on an expensive, always risky plan? How long do the architectural plans for it take? How long does finding a suitable location take? Then how long does the required permits and studies take? How long before the first shovel hits the dirt?

About three to five years, I've read.

Let's ask Musk.

Tesla's Musk announces plans for semi-truck launch

Tesla founder Elon Musk said Thursday the electric car startup is set to launch its first semi-truck in September, moving for the first time into that segment.

phys.org

Tesla gives Semi a late 2025 and early 2026 true launch date

Tesla gave the Semi a late 2025 and early 2026 true launch date as the company has started construction of a dedicated manufacturing facility for the Class 8 truck. Tesla has been utilizing the expertise of PepsiCo. for an early pilot program involving the Semi to test real-world efficiency and...

www.teslarati.com

Looks like 8 years. Maybe 9.