Trump caves again: exempts Apple iPhones, all computers and TVs made in China from tariffs

[RobDownSouth]

Phones, other electronics exempt from new tariffs, Trump administration says​

The announcement comes after Beijing responded to President Trump’s escalating trade war with a 125 percent tariff on all U.S. goods early Friday.​

Orange Julius Caesar has blinked. Again.

Late Friday night a new imperial decree was issued:
All cell phones, computers and televisions made in China will be "temporarily" exempted from the escalating Chinese/American tariff wars.

This comes as a yuuuuge relief to Apple, who manufactures their iPhones in China and was looking at the reality of a $1000 iPhone now costing a potential $1700.

Days after Mango Mussolini crowing that "countries were lining up to kiss my ass and make a deal", reporters noticed one country had not: China. When questioned about this, Don Cheetolini said "oh, he's gotta call sooner or later....he can't afford not to".

Three days elapse.

No calls.

President Pissypants thunders and raises tariffs.

China promptly responds immediately and match punitive rates despite der Pumpkinhead Führer 's dire warning that countries may NOT raise tariff rates, only HE has the power to unilaterally raise punitive tariff rates.

His Majesty is clearly rattled that China is not responding as expected to his chaotic bullying.

Ergo, yet another "pause" to avoid the illusion of a "loss" and a subsequent loss of face.

Xi Jinping clearly knows who he is dealing with and more importantly, how to deal with toddler tantrums.

The usual Trump apologists will be along shortly to splutter the usual "4-D Chess!" and "Art Of The Deal!" sound byte cliches they rely on to preserve the illusion of Trump "winning".

 

[MajorRewrite]

Yeah, Apple and other tech bros must’ve bribed Donnie.

 

[ll74]

Art of the Deal bitches!

4
D
Cheese!!!!

(That wasn't originally cheese...it was autocorrected, but then I realized it worked better, so left it)

 

[Lazaran]

So America won’t be getting wealthy again from the tariffs collected on all those big ticket electronic items???







We. Told. Then. So.

 

[Hel_Books]

But wasn't Apple supposed to be moving all its phone manufacturing back to the USA as a result of Agent Orange Orangutan's deft manipulations of international trade?

 

[John_von_Neumann]

What an absolute clown show.

 

[Hel_Books]

What an absolute clown show.

I'm waiting for someone to assert that we've "always been at war with Eastasia!"

 

[ChloeTzang]

Wait until they see the impact of tariffs on the price of pharmaceuticals. And Boeing components. And OMG I better stock up on Soy Sauce!!!!!!!!

 

[MajorRewrite]

But wasn't Apple supposed to be moving all its phone manufacturing back to the USA as a result of Agent Orange Orangutan's deft manipulations of international trade?

Absolutely!

Trump: “iPhones will be made here! It’s not a negotiation.”

Trump Later: “I’ve removed the tariff on iPhones. And it has nothing to do with the $60 million Apple deposited in my Swiss bank account. That is a coincidence. Everything is open to negotiation.”

The Transactional States of America, baby!

 

[ll74]

Absolutely!

Trump: “iPhones will be made here! It’s not a negotiation.”

Trump Later: “I’ve removed the tariff on iPhones. And it has nothing to do with the $60 million Apple deposited in my Swiss bank account. That is a coincidence. Everything is open to negotiation.”

The Transactional States of America, baby!

I expect either he or his wife have an iPhone.....my guess is that it's his wife.

 

[Lance_Castro]

My tv is 3 or 4 years old which nowadays is nearly obsolete (ha)

I was going to get a new one… but since Trump chickened out again, I’ll wait.

Golden Shower Age!

 

[ChinoMoreno]

 

[stxjimmy]

He’s tuning out to be a bit of a paper tiger, his art of the deal trumped by Sun Tzu.

 

[ChinoMoreno]

https://www.facebook.com/video.php?v=1896092187895121

 

[ChinoMoreno]

 

[jomar]

But, but, yoyoing tariffs are all part of the master plan!

Now what SCOTUS needs to do is make the trump admin and DOJ do is cave to their ruling that trump admin/DOJ Garcia from El Salvador. SCOTUS bluf is being called and if they don’t do anything the constitution is worthless paper and rule of law is over. trump is stress testing EVEYTHING.

 

[MajorRewrite]

10% tariff “floor” … except for those who make large payments to Trump’s Swiss bank account.

Trump teases 'exceptions' to 10% baseline tariffs

The 10% baseline rate, announced as part of the president's "Liberation Day" tariffs, came into effect on April 5. Higher duties on certain countries also began on April 9 before Trump called for a 90-day pause.

Speaking to reporters on board Air Force One as he made his way to his Mar-a-Lago resort in Florida, Trump said 10% was "pretty close" to a floor for those looking to make a deal.

"There could be a couple of exceptions for, you know, obvious reasons, but I would say 10% is a floor," he told reporters, without elaborating.

The “obvious reasons” are bribes.

 

[KimAwakened]

Why am I having to point out that poultry is also on the exemption list since Putinspoodle has a definite fondness for sweet and sour chicken and crispy roast duck?

He tells his redneck following that he likes KFC - but that's all just so much egg foo yung...

 

[ll74]

This is fucking hilarious ....

Putin and Xi are making Trump their little bitch in so many fun ways

 

[Hel_Books]

I've read that the real difference between the situations of Haiti and the Dominican Republic was the character of the two dictatorships they sweated under during the 20th century.

The Trujillo dictatorship was big on building infrastructure and pumping up the economy in the Dominican Republic.

The Duvalier dictatorship just stole to enrich Papa Doc and his friends in Haiti.

Think of China now as being run by Trujillo.

Think of the USA as giving up its advantages of democracy and free trade and being run now by Papa Doc and his cronies.

 

[RobDownSouth]

The stock market seems destined to crash hard tomorrow on Monday's opening bell.
(Feel free to quote the above statement for posterity).
Why?
Because Secretary of Commerce Howard Lutnick has been making the rounds of the Sunday morning political talk shows.....he keeps hammering home the point that this "temporary" pause of tariffs on iPhones, computers and TVs is NOT the usual "90 day pause", it is a VERY SPECIAL PAUSE that can be rescinded at ANY time on a moment's notice should Orange Julius Caesar feel so inclined.

This uncertainty is going to cause the tech sector to take an enormous Vetteman.

https://i.imgur.com/durlvVj.png

 

[RobDownSouth]

Why am I having to point out that poultry is also on the exemption list since Putinspoodle has a definite fondness for sweet and sour chicken and crispy roast duck?

He tells his redneck following that he likes KFC - but that's all just so much egg foo yung...

seriously, poultry is exempt? I missed that one! (Not doubting you, btw, just surprised)

Edited: Just saw Saturday Night Live's Weekend Update mocking this....poultry ban applies to chicken feet only (ancient chinese delicacy!). Now chicken feet will have to sell themselves to American....most likely through OnlyFans!

 

[Politruk]

seriously, poultry is exempt? I missed that one! (Not doubting you, btw, just surprised)

Keep f****n' that chicken!

What, you didn't think we wanted to eat them, did you, Xi?

 

[Lance_Castro]

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[LLCox]

Go back to working the fry cooker, donnie

https://twitter.com/x/status/1909207606725337567