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Wait—so Trump’s “permanent” tariff exemption for electronics from China (announced yesterday) was actually only “temporary”? Who could’ve guessed the shitshow would keep rolling? These aren’t serious people. “This is not a permanent sort of exemption.” — Commerce Sec Howard Lutnick

90,163 просмотров • 1 год назад •via X (Twitter)

Комментарии: 10

Фото профиля Brown Eyed Susan
Brown Eyed Susan1 год назад

This guy is such a fucking shyster

Фото профиля Carlos R. Navarro
Carlos R. Navarro1 год назад

@PaulDereume Trump's tariff negotiations are no different from what we did as kids when we found a supposly dead animal, poked with a stick to see a reaction. Trump is just poking and MAGA is calling him a "Great Negotiator."

Фото профиля Kittie🐱Kat 🇺🇸💙
Kittie🐱Kat 🇺🇸💙1 год назад

🤦🏻‍♀️#StopTheMadness💀

Фото профиля Suzy 23
Suzy 231 год назад

They are idiots ruining our country faster than any president in history.

Фото профиля Lucas Baker
Lucas Baker1 год назад

This is like watching a ping pong tournament.

Фото профиля yolandaonetwotwosix 🌊🌊🌊
yolandaonetwotwosix 🌊🌊🌊1 год назад

@morgfair Do they realize we need facilities to make these things? They’re listening to that lying wizard of ODDS.

Фото профиля Linda Doria
Linda Doria1 год назад

There are no serious people working in his administration. They're all suck-ups who know how to further their own agendas by getting on his good side. This admin is so bad it should make every person in this country ask for 1st Amendment modifications. BIG lies proved=punished.

Фото профиля MadMoai (tiki) 🗿
MadMoai (tiki) 🗿1 год назад

They truly do not know how to be a functioning anything

Фото профиля Susan Jane (🌻, 🇺🇦, 😷, 🏳️‍🌈)
Susan Jane (🌻, 🇺🇦, 😷, 🏳️‍🌈)1 год назад

@morgfair It’s getting harder to keep up…

Фото профиля Roberto Sonnenberger
Roberto Sonnenberger1 год назад

@howardlutnick : HEAD CLOWN in Trump's Cabinet???

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Trump says no exemption for iPhones and other Chinese-made electronics — suggests new tariff coming | Ryan King, New York Post President Trump settled the debate over the tariffs on iPhones and other Chinese-made devices — saying that there is no “exemption” and that new duties are coming. “NOBODY is getting ‘off the hook,'” Trump said on Truth Social Sunday. “There was no Tariff ‘exception’ announced on Friday. These products are subject to the existing 20% Fentanyl Tariffs, and they are just moving to a different Tariff ‘bucket.’” “We are taking a look at Semiconductors and the WHOLE ELECTRONICS SUPPLY CHAIN in the upcoming National Security Tariff Investigations.” Late in the day on Friday, Trump’s team filed a rule that exempted a myriad of electronic devices from the president’s steep “reciprocal” tariff on Chinese imports to the US. The ruling appeared to grant a reprieve for Apple and other consumer electronics makers, who were facing tariffs of up to 145% under Trump’s sweeping new rules. More than 80% of Apple products are assembled in China, according to data from Evercore ISI. Apple CEO Tim Cook has courted close relations with Trump amid the tariff push. Even before Trump upped the ante on China, experts were suggesting that top iPhone models could increase in price to $2,300 under the tariff regime. Prior to Trump’s clarification Sunday, Commerce Secretary Howard Lutnick publicly explained that electronics being imported from China will soon face their own unique tariff. “So what he’s doing is he’s saying they’re exempt from the reciprocal tariffs, but they’re included in the semiconductor tariffs, which are coming in probably a month or two. So these are coming soon,” Lutnick told ABC News’ “This Week” on Sunday. “All those products are going to come under semiconductors, and they’re going to have a special focus type of tariff to make sure that those products get restored.” Last Wednesday, as Trump’s suite of customized “reciprocal” tariff rates were set to go into effect, the president abruptly reversed course and announced a 90-day pause while his team negotiates new deals with various countries. Trump remarked that people were “getting a little bit yippy, a little bit afraid” as markets cratered amid tariff fears. Trump kept the 10% baseline tariff on virtually all imports in effect and announced a 125% tariff against goods and services coming in from China. White House officials clarified that China will still face a 20% tariff announced earlier this year due to fentanyl concerns, which brings the total rate on most Chinese imports to 145%. ... “What has been exposed is that we need to make products in the United States, and that we will not be held hostage by other Countries, especially hostile trading Nations like China, which will do everything within its power to disrespect the American People,” Trump added. Right now, electronics products from China still face other tariffs, such as the 20% rate Trump imposed earlier this year amid his complaints against China’s role in the fentanyl crisis. “We need to have semiconductors, we need to have chips, and we need to have flat panels — we need to have these things made in America. We can’t be reliant on Southeast Asia for all of the things that operate for us,” Lutnick added. Lutnick explained that the Trump administration is looking to add tariff incentives to “encourage” the pharmaceutical industry to restore its manufacturing in the US as well. “We can’t be beholden and rely upon foreign countries for fundamental things that we need,” Lutnick argued. “So this is not like a permanent sort of exemption. He’s just clarifying that these are not available to be negotiated away by countries. These are things that are national security that we need to be made in America.” Before Trump paused the customized tariff rates last Wednesday, his top lieutenants had been publicly adamant that the president did not intend to include any exemptions and that his protectionist shift was not a negotiating ploy. Senior counselor for trade and manufacturing Peter Navarro again on Sunday insisted that Trump’s “policy is no exemptions, no exclusions,” despite the reprieve for electronics. “The problem, interestingly for chips, because this is very complex stuff, is that we don’t buy a lot of chips, like in bags. We buy them in products. So what Secretary of Commerce Howard Lutnick is doing as we speak is an investigation of the chip supply chain,” Navarro told NBC’s “Meet the Press” on Sunday. Read more:

Owen Gregorian

53,363 просмотров • 1 год назад