- cross-posted to:
- news@lemmy.world
- cross-posted to:
- news@lemmy.world
Smartphones, computers, and other electronics will be exempt from President Donald Trump’s steep China tariffs, the U.S. Customs and Border Protection revealed late on Friday night.
Smartphones, computers, and other electronics will be exempt from President Donald Trump’s steep China tariffs, the U.S. Customs and Border Protection revealed late on Friday night.
Jesus fucking Christ. At this point I want him to go all in on tariffs and actually hold on so at least I know what’s coming. The fucking indecisiveness and Randomness is literally driving me insane.
The funny thing is that it’s supposed to stimulate US manufacturing. Like companies are going to invest years of time and billions of dollars building factories and moving production to the US, because of a tariff system that changes every 2 days.
He doesn’t care about American manufacturing. That has always been a flimsy cover.
Sure, it’s just a way to raise taxes on the public without calling it that. Upside is they bring in a lot of money quickly. Downside is they do a fuckton of irreparable damage to the US economy, the standard of living of people in the USA, and a fair bit of collateral damage to the rest of the world. But at least Elon gets his tax breaks for another couple of years so yay!
You are not alone. The whole world has lost confidence and trust to anything the US does or says
They were estupido for having confidence and trust for this long.
I think that’s the point.
The randomness is the point. He wants the markets to yo-yo so those with insider knowledge can make a bunch of money.
Expect this to continue until Trump gets bored of it.
Oh man, inside of what!?
Inside a car, Silly. He wrote “literally”, and he’s not an idiot, so it’s got to be a car or truck or abattoir he’s being driven inside.