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- cross-posted to:
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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.
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The real reason?
Apple, Intel, and other execs bribed him during an overpriced dinner.
This whole tariff thing has nothing to do with the country or international relations or manufacturing or whatever.
It’s just his latest personal grift. He just now has the power to say “every CEO in the world must personally give me a bribe or I’ll continue doing some really stupid shit.”
Even when he happens to make a correct decision, the decision-making process is pure chaos.
Just think about how chaotic things were during COVID. People weren’t allowed to leave their homes. Restaurants were laying off all their staff. Many tourist attractions were completely shut down. Airlines were flying empty planes around just so they didn’t lose their airport slots. People switched from spending locally to buying things online, but China was also dealing with COVID, so that made manufacturing and shipping chaotic too. The ports were completely screwed, with completely full ships sitting in the port waiting weeks to unload.
Despite all that, economic uncertainty in Trump’s 2nd term is twice as bad. It’s literally off the charts.
Nobody can make any reasonable long-term plans because everything might change depending on the mad king’s whims.
And, last time things went back to normal because this was a worldwide pandemic and there wasn’t anybody to blame for it. This time, everyone knows that this is Trump’s fault, and that he was elected with widespread support from the American people. I don’t think things are going back to normal after this.
He destroyed the trust we had in th USA. Europa countryand business are looking for alternatives, and sure something will go back. But fx in IT USA will lose bigtime, once turned away from Microsoft and Google, they are not going back.
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 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.
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.
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.
Welcome to government brought to you by fascism, chaos is how they consolidate power. You create enough chaos to exhaust and scare people, blaming the chaos on a scapegoat. You then say, well I could totally get rid of all this chaos if you give me the power to do so. The courts, and the legislators are obviously not equipped to stop this mess, we just need one person with supreme power to cut through the bureaucracy…
I think that’s the point.
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.
He’s back peddaling now that he got his stock money so that the horde of angry republicans he was making calms down and doesnt whoop his ass.
Howard Lutnick’s iPhone little screw assembly plant plans in shambles rn 😔
What will all those American workers that were supposed to build iphones do then? Unemployed?
Straight to the woodchipper.
I would love to see China put an export tax on those products equal to Trump’s dropped tariffs.
Export tax cant hurt you, export tax isnt real!
I…don’t care. I look forward to a time when we’re having Nuremberg trials for the Trump admin. This too shall pass.
I mean , that means we still have a holocaust to survive .
What a chump. Real “tough guy” lol
Shows how unplanned this whole thing is.
Nintendo ninjas got to him. This man is completely compromised by the Mushroom Kingdom.
this is the most dumbest fucking idiot leader of any country in the world right now i swear
He’s not entirely dumb, he made his billionaire buddies a shit ton of money.
Link to video: https://nitter.net/MorePerfectUS/status/1910340290260463771#m
Video of Trump Bragging About Enriching His Billionaire Pals Draws Outrage
He was manipulated into doing so. If this was at all his idea please show me the proof.
Any time you find yourself using the phrase “show me proof”, it’s a good idea to briefly take a step back and consider whether you’re being a moron.
Fucking lol.
So that makes him a classic useful idiot.
Most of the money came from other rich people because 93% of stock is owned by top 10% of USA.
Well, it’s your own responsibility to read politics.
I lump summed into his crash and made good money. No insider trading or anything. Just going against fear.
Let that sink in though, 90% of your people own 7% of the stocks.
Trump just invited the ones gambling correctly, it makes him look better. According to him.
Let that sink in though, 90% of your people own 7% of the stocks.
You forgot to take into account the large percentage that doesn’t own any stock.
Through the stupidest means possible and devaluing the dollar.
Still dumb.
It makes you wonder where they plan to store and hide the stolen wealth?
Crypto probably since it seems they’re keen on setting up a federal crypto system or some nonsense
Might as well if the bond market crashes. They basically have to control the entire market and demand payments in crypto. Declare victory in monopoly with USD and then invent a new currency off its death? I just honestly don’t see how you scam the world out of trillions and benefit from all the money. Especially if you completely devalue all the money and investment assets permanently.
Do you have any idea how much money the wealthy actually have? The sum of all crypto-currencies put together is a drop in the bucket compared to that. Not to mention that the money is basically useless in that form without someone willing and able to buy it for some sort of actually usable currency.
Sure but how is it any different than hiding gold in Switzerland or art in a vault somewhere? Until it no longer has potential wealth in the hyper capitalist market it’s still valuable. Wealthy people at that level are already so rich they don’t spend money, they borrow against their assets, which in this case could be real estate, gold, stocks, bonds, or because of all the amazing new crypto (not fiat btw) technology built around making crypto currency have all the same financial systems as fiat currencies and other investments, crypto. They only need to hoard the wealth. They don’t need to spend it
He makes Lukashenko look like a sensible, intelligent statesman in comparison.
In comparison, he probably is.
What do you mean this is all brilliant insider trading. It’s going to cost us our economy and destroy our world order, but they are making crazy money right now!
Not just right now; I’m sure he’d be in the running for dumbest in modern history too.
I miss Nero.
Bungee jump tariffs.
So non-essentials are exempt, but food products are fully taxed?
So he’s fucking over american manufacturing of industrial machinery by tarifing raw goods but not end results? It gets dumber all the time.
