388
Trump admin walks back tariff exemption on electronics
(www.huffpost.com)
Walking-back the walk-back? They're doing a whole 1-2 shuffle!
There was a time when Republicans hated flip-flopping
They turned 360
The AP source title is: Trump’s commerce secretary says new electronics tariff exemptions are temporary, chip tariffs coming
The part that's been denied is that the exclusion is permanent. Since Friday, electronics from China would be subject to 20% of the fentanyl tariff and nothing more. It will be this way until Trump invents another tariff just for electronics. I believe this is what most commentators expected back in Friday, but there must be talks of capitulation and Trump couldn't stand to lose face.
Crazy that someone checked the facts and shares about it and 3 hours later only has 5 upvotes including the one I just gave. Thank you.
Maybe next time you should begin your comment with # HERE IS THE CONTEXT GUYS!
The USA is definitely a joke now. It's just that everyone is laughing nervously. We are afraid that falling so fast from top to bottom will bring the system down.
Its a concept of a plan.
Which system? The US political system? That one is damaged beyond repair and needs to be reworked completely. The global economic system? That one is also damaged beyond repair, but the rework will create a lot of instability and most likely war.
Yes I was thinking about the global economic system. And like you pointed out, I'm worried that the rework (on top of being ugly) might end up in a worse situation (in terms of inequality, freedom etc...)
I'm worried that total economic collapse would only consolidate power and not distribute it. I'm not versed in history so I could be wrong
I'm not surprised that this is how the second Trump administration has started. This level of stupidity is exactly what I was expecting. What does surprise me, though, is that many tens of millions of people voted for this. Honestly, it's shaken my commitment to democracy. Maybe the people shouldn't be making important decisions.
How about education should never be touched when it comes to budgets?
I think that's a good idea, but, unfortunately, if put to a vote, I'm confident the American people would vote against it.
People are fucking stupid
How about education should never be touched when it comes to budgets?
load more comments
(2 replies)
load more comments
(1 replies)
...stupidity? 🤦♂️🤦♂️🤦♂️
They're intentionally crashing the economy so they and all their billionaire buddies can buy everything up for cheap. Everything is going literally exactly as planned.
I was one to agree with you for a time, but at this point I’m not even sure what the plan could actually be, US treasury bonds are taking a big hit because of this shit and the global economic order is shifting to exclude the US and could even endanger the dollar as the world reserve currency. That’s a change so seismic no one could even predict what it would mean for anyone. If that’s his intention then whoever came up with the plan is stupid beyond all imagining
I won’t go russian to judgement or putin the blame on anyone, but some people that love to sow chaos and take down the US do come to mind.
load more comments
(1 replies)
I think that's it, and they victimize LGBTQ+ people and immigrants because their supporters love it and it buys them time to implement their kleptocracy. Some of the Trump people are true-believer Nazis, but some of them are just greedy assholes who will throw anyone under the bus for their own gain.
load more comments
(1 replies)
The US was never a democracy to begin with. It was a government designed to benefit one very particular small but powerful minority.
It's just that now it's come out of the closet.
It's strange that it would happen now, at a point when literally every job can be automated(or will be automatable within the next 5-10 years).
💯 this is a if not THE shining example of why certain people should simply not be allowed to vote. It’s like the poster child for why we SHOULD have the Electoral College, but with electors who put country over party.
Well, cutting all the education budget and expecting a good rational voting from a bunch of uneducated people is a lunacy.
Also, it is well known that democracy is not optimal, but we don't have anything better.
load more comments
(2 replies)
Is it just me or is anyone else reminded of Pahpshmir out of the Naked Gun movies by this disgusting man?
You know, this may really piss off some folks who got an early notification that there would be an exemption for electronics. You know, his insider trading buddies. It will be interesting to see who gets the angriest about this last minute change.
On April 11, 2025, traders placed large, targeted call option bets on Apple. That evening, the Trump administration quietly exempted smartphones from tariffs, news not publicized until April 12. These trades weren't speculation - they were placed before the memo was released.
That's an issue that can come up, when your inside guy for market manipulation with all the power necessary for the scheme is also an impulsive narcissist, who never was that bright to begin with, but is also clearly losing some mental faculties due to age, too.
Lmao. Bet there are some angry Tech-bros calling.
May they lose their shirts.
load more comments
(1 replies)
MAKE UP YOUR MIND!!!
I think you're confused. They make up their mind all the time, then check if everyone sold/bought stocks and than they make up their mind again. Then they check if everyone sold/bought stocks and on and on.
Assuming we make it out of this, I’d be in favor of Chinese style justice for all of these insider trades.
Government management positions for them and their family?
I was thinking of how they handle the folks they don’t like. It’s swift, decisive, and irreversible.
This isn't even a subtle attempt to destabilize the world market, and yet so many people are just like
load more comments
(3 replies)
It’s almost like your laws had a very good reason for a very long time to disallow the president the power to unilaterally impose tariffs.
Hell, to unilaterally do MOST things.
What the fuck is actually going on here!? Whether they want Americans to pay more because of tariffs or not, how can they not make up their minds?? Decide yes/no, but this constant flip-flipping is also harming the country...
Crash the market, buy low.
These last weeks have been inside trading shitshow.
I work for a company that imports all sorts of components for pretty much all of our products and the flip flopping has basically completely grinded everything to a halt because no one can figure out what the hell is going on at any given time. It has been a complete shit show lol
Stock market doesn't believe his truth social report it seems. Apple shares are still up mid morning.
And the sell off of our debt will pick up speed. These idiots are going to crash our economy and anyone left holding the bag.
load more comments
(1 replies)
Lol holy shit. And a few hours later he's going to deny that he denied the exemption and be like "what are you talking about? I said certain electronics are exempt!"
I'm starting to think that maybe the reason Elon Musk did two blatant nazi salutes in a row was to test what they could do in front of everyone's eyes while denying it, and to see how many people would just go "ok sure, I didn't see what I just saw. Whatever you say, dear leader."
“The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.”
― George Orwell, 1984
I doubt Musk's salute was that deep. He's not some slick political operative. He's a 4chan dipshit who thought he'd be edgy and cool and tiptoe up to the line. He thought it would be much more ambiguous what he did and he'd "own the libs" by making them look like fools to the normies who genuinely wouldn't see it for what it actually was. He clearly was not expecting basically no one but the cultists on his side to not see what he did.
load more comments
(1 replies)
They walked back again today and said the exemption is for the additional 120% tariff but the 20% imposed earlier still applies
Sorry, they walked back the walkback of the walkback? Does anyone know what's going on?
No, that's the point. They're literally trying to devalue the dollar so their billionaire buddies can consolidate wealth at fire sale prices.
view more: next ›
this post was submitted on 14 Apr 2025
388 points (100.0% liked)
politics
22873 readers
3641 users here now
Welcome to the discussion of US Politics!
Rules:
- Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.
Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.
Example:
- Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
- Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
- No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
- Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
- No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
That's all the rules!
Civic Links
• Congressional Awards Program
• Library of Congress Legislative Resources
• U.S. House of Representatives
Partnered Communities:
• News
founded 2 years ago
MODERATORS