Economy Trump's April 2nd Tariffs

Trump Makes Big Tariff Move on China Overnight, Signals Where Things May Be Headed​



A range of very consequential exemptions were made to President Donald Trump's 125 percent tariff on China late Friday night, and it's providing some clarity about where things are heading.


Specifically, the Customs and Border Patrol released a bulletin excluding smartphones, computers, computer parts, processors, and other electronics from the reciprocal tariffs.

ALSO SEE: Trump Pauses Tariffs for 90 Days, Puts China in the Crosshairs


President Donald Trump’s administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs, potentially cushioning consumers from sticker shock while benefiting electronics giants including Apple Inc. and Samsung Electronics Co.

The exclusions, published late Friday by US Customs and Border Protection, narrow the scope of the levies by excluding the products from Trump’s 125% China tariff and his baseline 10% global tariff on nearly all other countries.
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There are two sides to this. It does remove some leverage from the White House in trying to pressure China into a one-sided deal, given these products are some of the most lucrative exports for the communist nation. On the other hand, this relieves what would have been one of the largest pain points for Americans had these tariffs stayed in place, and political capital matters in a fight like this.


What does this mean? I think it signals that we are looking for a compromise deal where both sides can claim a win compared to something resembling a decoupling from China for national security reasons. What the details of that look like, we'll have to wait to find out.

As to whether this is a good move or not, I don't have a strong opinion on it. I do believe that decoupling from China is a worthy goal, but there are also big red flags regarding the economy and the bond markets. Memes and sabre-rattling aside, if we don't have the hand to play right now, then the better move is to try to secure a win and look longer term, perhaps through capital investments to give companies the chance to leave China gradually.

I know some get mad when you say it, but the logistics and costs of manufacturing electronics in the United States just don't work for the most part, so American companies need time to move supply lines and manufacturing to low-cost alternatives. That could be India or some of the Southeast Asian countries, with whom we are expected to secure very friendly trade deals.


In short, if the Trump administration doesn't feel like this is the time to go full-bore at China, then I can't fault them for that. American consumers aren't just numbers on a piece of paper. They are real people, and being strategic to limit the damage to them and the broader economy is a good, not a bad, thing. If people want to describe that as Trump "changing his mind," so be it. It doesn't really matter. Just do what makes the most sense.
 
Rob Battisti said:
Except they only beat them in NEV. Tesla was still winner in battery EV. They don’t do plug ins so it’s not comparable
Click to expand...

NEV? as in hybrids?

This isn't true, While BYD sells a lot of hybrids in China, if you combine all their EVs alone you still beat Tesla.

autovista24.autovistagroup.com

What were the best-selling EVs in China during 2024?

China’s EV market ended 2024 strongly, as battery-electric vehicle (BEV) registrations improved, and plug-in hybrid (PHEV) deliveries soared.
autovista24.autovistagroup.com autovista24.autovistagroup.com
 
Rod1 said:
NEV? as in hybrids?

This isn't true, While BYD sells a lot of hybrids in China, if you combine all their EVs alone you still beat Tesla.

autovista24.autovistagroup.com

What were the best-selling EVs in China during 2024?

China’s EV market ended 2024 strongly, as battery-electric vehicle (BEV) registrations improved, and plug-in hybrid (PHEV) deliveries soared.
autovista24.autovistagroup.com autovista24.autovistagroup.com
Click to expand...
Ah, I was speaking globally. Total cars BYD crushes them, but pure BEV, globally, Tesla barely edged out.
 
ermac88 said:
man this a further indication that trump really doesnt have a fucking clue as to whats going on


This a total fucking shit show

As Ontarios premiere Doug Ford said, he doesnt know what he wants to achieve on a day to day basis.
Click to expand...
He achieves whatever billionaires are whispering into his ear. This is why the tariffs were removed for products that would affect the tech industry in America.
 
Beechwood said:

Trump Makes Big Tariff Move on China Overnight, Signals Where Things May Be Headed​



A range of very consequential exemptions were made to President Donald Trump's 125 percent tariff on China late Friday night, and it's providing some clarity about where things are heading.


Specifically, the Customs and Border Patrol released a bulletin excluding smartphones, computers, computer parts, processors, and other electronics from the reciprocal tariffs.

ALSO SEE: Trump Pauses Tariffs for 90 Days, Puts China in the Crosshairs



There are two sides to this. It does remove some leverage from the White House in trying to pressure China into a one-sided deal, given these products are some of the most lucrative exports for the communist nation. On the other hand, this relieves what would have been one of the largest pain points for Americans had these tariffs stayed in place, and political capital matters in a fight like this.


What does this mean? I think it signals that we are looking for a compromise deal where both sides can claim a win compared to something resembling a decoupling from China for national security reasons. What the details of that look like, we'll have to wait to find out.

As to whether this is a good move or not, I don't have a strong opinion on it. I do believe that decoupling from China is a worthy goal, but there are also big red flags regarding the economy and the bond markets. Memes and sabre-rattling aside, if we don't have the hand to play right now, then the better move is to try to secure a win and look longer term, perhaps through capital investments to give companies the chance to leave China gradually.

I know some get mad when you say it, but the logistics and costs of manufacturing electronics in the United States just don't work for the most part, so American companies need time to move supply lines and manufacturing to low-cost alternatives. That could be India or some of the Southeast Asian countries, with whom we are expected to secure very friendly trade deals.


In short, if the Trump administration doesn't feel like this is the time to go full-bore at China, then I can't fault them for that. American consumers aren't just numbers on a piece of paper. They are real people, and being strategic to limit the damage to them and the broader economy is a good, not a bad, thing. If people want to describe that as Trump "changing his mind," so be it. It doesn't really matter. Just do what makes the most sense.
Click to expand...
this was a well thought out post and I don't mean to crap on it because it seems better thought out than the entire Trump tariff policy.

In basically 10 days, he tariffed the entire world, raised the tariffs on China to ridiculous levels blaming them because they had the nerve to fight back, fake paused the tariffs on Monday saying that the press reporting they were mulling a 90 day pause was "Fake News". Put out a potentially market manipulating "truth" on Wednesday then put on a 90 day pause, all while claiming 100's countries, including China, wanted to make deals. But no deals have been struck and his Elon is calling his Peter dumber than a sack of bricks and a moron in public which I happen to agree with.

He now rolls back the tariffs on the most important items, late on a Friday presumable to hide the further caving. All that does is help the tech billionaires while hurting the small time importers and exporters.

If you were going to declare a trade war on the world, don't you think you would put more thought into the planning and implementation than @Beechwood, or @HOLA , or @Seano does into a post on a karate sub forum's subforum?

Don't you think you'd have a plan that lasted more than a few days without major changes?

Oh and while we're at this,
Mexico didn't pay for the wall and there is no wall,
he didn't solve the Russian war on the Ukraine before he took office,
he is currently trying to prosecute his Nixon-like "Enemies" list for things like treason because they hurt his feewings by writing mean stuff about him and or doing their jobs as judges, investigators, watchdogs, and the like
he hasn't turned Palestine into a golf resort,
he is deporting supposedly innocent people to el salvador prisons and not bringing them back once the mistake is found,
his head of DOD signal chats classified war plans with journalist without knowing it,
he seems to want to invade Greenland,
and he didn't deport millions on day 1 and now wants to keep the ag workers and strangely the hotel workers but we're not supposed to believe that is because he has employed illegals for years in his shitty hotels,

he is a felon, a sexual assaulter, twice impeached, multiple times bankrupt, a cheater, a notorious liar, etc and so forth, yet some will piss on your head and tell you it isn't Trump getting his jollies....

In short, your post was a shit ton better than his tariff planning and you should not forgive that kind of incompetence.
 
Last edited:
toasty said:
this was a well thought out post and I don't mean to crap on it because it seems better thought out than the entire Trump tariff policy.

In basically 10 days, he tariffed the entire world, raised the tariffs on China to ridiculous levels blaming them because they had the nerve to fight back, fake paused the tariffs on Monday saying that the press reporting they were mulling a 90 day pause was "Fake News". Put out a potentially market manipulating "truth" on Wednesday then put on a 90 day pause, all while claiming 100's countries, including China, wanted to make deals. But no deals have been struck and his Elon is calling his Peter dumber than a sack of bricks and a moron in public which I happen to agree with.

He now rolls back the tariffs on the most important items, late on a Friday presumable to hide the further caving. All that does is help the tech billionaires while hurting the small time importers and exporters.

If you were going to declare a trade war on the world, don't you think you would put more thought into the planning and implementation than @Beechwood, or @HOLA , or @Seano does into a post on a karate sub forum's subforum?

Don't you think you'd have a plan that lasted more than a few days without major changes?

Oh and while we're at this, Mexico didn't pay for the wall, he didn't solve the Russian war on the Ukraine before he took office, he is currently trying to prosecute his Nixon-like "Enemies" list for things like treason because they hurt his feewings by writing mean stuff about him, he hasn't turned Palestine into a golf resort, he is deporting supposedly innocent people to el salvador and not bringing them back once the mistake is found, his head of DOD signal chats classfied war plans with journalist without knowing it, he seems to want to invade Greenland, and he didn't deport millions on day 1 and now wants to keep the ag workers and strangely the hotel workers but we're not supposed to believe that is because he has employed illegals for years in his shitty hotels, he is a felon, a sexual assaulter, twice impeached, a cheater, a notorious liar, etc and so forth, yet some will piss on your head and tell you it isn't Trump getting his jollies....

In short, your post was a shit ton better than his tariff planning and you should not forgive that kind of incompetence.
Click to expand...
Trump is a puss, everyone should have known, as I predicted, that he wasn’t going to hold true to any real long term move which caused pain.
 
LMAO @ high end tech used primarily for entertainment getting catered to. Not only is it a giant back pedal caving to China & vastly easing any pressure on them, but it also prioritizes billionaire tech giant's needs over the everyday consumer or small buisness. They literally have morons convinced that their precious luxury items like Iphones & Teslas are more of a need & priority than everyday consumer products & their 401ks. Amazing.
 
WklySportsMemes said:
LMAO @ high end tech used primarily for entertainment getting catered to. Not only is it a giant back pedal caving to China & vastly easing any pressure on them, but it also prioritizes billionaire tech giant's needs over the everyday consumer or small buisness. They literally have morons convinced that their precious luxury items like Iphones & Teslas are more of a need & priority than everyday consumer products & their 401ks. Amazing.
Click to expand...

Smartphones, computers, chips, as well as other electronic devices and components, including semiconductors, solar cells, flat panel TV displays, flash drives, memory cards and solid-state drives are now exempt from Tariffs.

He just fucked the Midwest and flyover states hard.
 
Rob Battisti said:
Ah, I was speaking globally. Total cars BYD crushes them, but pure BEV, globally, Tesla barely edged out.
Click to expand...

Oh yeah, but Tesla being unable to make economy cars will definitively mean they will lose sooner rather than later.

EVs felt like something rich people living in big cities could afford, now BYD is coming strong with its cheap models so of course they will win as they tap virtually every single market outside of Western Europe and Anglo-America.
 
BEAST said:
He achieves whatever billionaires are whispering into his ear. This is why the tariffs were removed for products that would affect the tech industry in America.
Click to expand...

You are delusional if you think that would only affect tech industry in America, he lifted tariffs on the most critical items because it would cause a complete implosion over the economy.
 
Renard said:
The CCP will sometimes build hardware backdoors in the electronics build in China. Even in the stuff from large name brands with more oversight, just much more rarely. Electronic circuits are so small these days that a USB-C cable can contain espionage hardware. A company involved in cybersecurity prototyped a model to showcase how easy it was.

So from a national security perspective, allowing electronics to free flow from China is an exposure vector that would have to be dealt with at some point. From a certain level of analysis anyway. Would have to be a decade-long endeavour. No clue what the Trump team is doing, very erratic. I wonder if they got concessions from US manufacturers before rolling back the tariffs. Like yeah you can manufacture there but I'll need you to monitor things more closely. That's maybe too logical.
Click to expand...
What aspects of electronics do you think are built in China exactly? Past panels, it's not much.
 
So hard to keep up with liberation day.

So what's the update?

Manufacturing jobs coming to the US or nah?
Tariffs still good or nah?
Why are exemptions made if tariffs are good tho?
How are jobs coming to the US when these exemptions are made? Doesn't that defeat the purpose of forcing companies to be based in the US?
Oh this is all for negotiation for more fair deals? OK so what exactly was negotiated in exchange for the exemptions?
Did China negotiate anything for these exemptions?
What new deals have been made since this art of the deal tariff flip flop?

So many questions. What are the new talking points now? Let's hear em Cuck, Seano, Whippy, Kingz and whoever else is dumb enough to be a MAGA
 
Substance Abuse said:
Smartphones, computers, chips, as well as other electronic devices and components, including semiconductors, solar cells, flat panel TV displays, flash drives, memory cards and solid-state drives are now exempt from Tariffs.

He just fucked the Midwest and flyover states hard.
Click to expand...
Yet all of his base in those areas will sell this as "brilliant." Literally created a giant self induced penalty & problem. Realized it literally hurts his corporate donor class & cronies the most. Then rolled it back with his tail tucked immediately.
This is the definition of an unhinged lunatic moron making policy based off of memes & disinformation campaigns.

Lol they give 2 fucks about inflation & the costs for the poor to upper middle class. Those who can afford it the least must suffer and eat shit in this alleged"transition period. " All while there is no ETA as they literally protect to richest robber barons. These fkn normie broke underlings will never see a fkn penny from this ever. But they still believe.
 
Trump made Canada buy bonds and then scare him by doing a coordinated sell off globally

I’ve never seen someone basically remove a century of international good will in a few months

Imagine making your closest ally an enemy for no reason at all lol
 
Substance Abuse said:
Smartphones, computers, chips, as well as other electronic devices and components, including semiconductors, solar cells, flat panel TV displays, flash drives, memory cards and solid-state drives are now exempt from Tariffs.

He just fucked the Midwest and flyover states hard.
Click to expand...

good, those fuckheads need to learn their lesson from voting for that orange shitstain
 
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