« previous next »
Pages: [1]   Go Down

Author Topic: Trump exempts smartphones, computers and chips from new tariffs  (Read 813 times)

0 Members and 1 Guest are viewing this topic.

Offline mystery-ak

  • Owner
  • Administrator
  • ******
  • Posts: 401,681
Trump exempts smartphones, computers and chips from new tariffs
« on: April 12, 2025, 12:10:54 pm »

Trump exempts smartphones, computers and chips from new tariffs

The guidance that was issued also excludes flash drives and memory cards from the new tariffs
By Nicholas Ballasy



Published: April 12, 2025 10:54am

Updated: April 12, 2025 11:04am


President Trump exempted phones, computers and chips from his new tariffs on Friday.

The guidance that was issued also excludes flash drives and memory cards.

Trump has imposed 145% tariffs on imports from China.

He paused further tariff actions on other countries in favor of a 10% baseline tariff.

https://justthenews.com/government/white-house/trump-exempts-smartphones-computers-and-chips-new-tariffs
Logged
Proud Supporter of Tunnel to Towers
Support the USO
Democrat Party...the Party of Infanticide

“Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own.”
-Matthew 6:34

Offline IsailedawayfromFR

  • Hero Member
  • *****
  • Posts: 13,884
Re: Trump exempts smartphones, computers and chips from new tariffs
« Reply #1 on: April 12, 2025, 12:46:32 pm »
Doesn't really say that those made in China will receive exemption.

If those also get exemption, Apple stock will add hundreds of billions in market value
Logged
“You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing.” Thomas Sowell

Online mountaineer

  • Hero Member
  • *****
  • Posts: 62,025
Re: Trump exempts smartphones, computers and chips from new tariffs
« Reply #2 on: April 12, 2025, 01:12:27 pm »
Logged
The abnormal is not the normal just because it is prevalent.
Roger Kimball, in a talk at Hillsdale College, 1/29/25

Online mountaineer

  • Hero Member
  • *****
  • Posts: 62,025
Re: Trump exempts smartphones, computers and chips from new tariffs
« Reply #3 on: April 12, 2025, 01:30:00 pm »
Miller responds to a WashPost reporter:


Stephen Miller
@StephenM
Washington Post: maybe your reporters should try reading before posting. These products are subject to the tariff under the original IEEPA on China of 20 percent.
12:23 PM · Apr 12, 2025


https://twitter.com/AaronBlake/status/1911043934958035077
Logged
The abnormal is not the normal just because it is prevalent.
Roger Kimball, in a talk at Hillsdale College, 1/29/25

Offline Smokin Joe

  • Hero Member
  • *****
  • Posts: 61,049
  • I was a "conspiracy theorist". Now I'm just right.
Re: Trump exempts smartphones, computers and chips from new tariffs
« Reply #4 on: April 12, 2025, 01:41:17 pm »
Increase the tariff in increments over time, starting with zero and going up.

That will give time and incentive to build the industry here.

 
Logged
How God must weep at humans' folly! Stand fast! God knows what he is doing!
Seventeen Techniques for Truth Suppression

Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

C S Lewis

Offline kevindavis007

  • Hero Member
  • *****
  • Posts: 8,383
  • Gender: Male
Re: Trump exempts smartphones, computers and chips from new tariffs
« Reply #5 on: April 12, 2025, 03:51:48 pm »
Quote from: Smokin Joe on April 12, 2025, 01:41:17 pm
Increase the tariff in increments over time, starting with zero and going up.

That will give time and incentive to build the industry here.


Are you dumb enough to think smartphones built here will be cheap??  Of course you are..
Logged
Join The Reagan Caucus: https://reagancaucus.org/ and the Eisenhower Caucus: https://EisenhowerCaucus.org

Ronald Reagan: “Rather than...talking about putting up a fence, why don’t we work out some recognition of our mutual problems and make it possible for them to come here legally with a work permit…earning here they pay taxes here.”

Offline Weird Tolkienish Figure

  • Technical
  • *****
  • Posts: 12,990
Re: Trump exempts smartphones, computers and chips from new tariffs
« Reply #6 on: April 12, 2025, 03:57:51 pm »
Quote from: kevindavis007 on April 12, 2025, 03:51:48 pm

Are you dumb enough to think smartphones built here will be cheap??  Of course you are..

The thing is that a $5000 smartphone means that consumers here in the US will be $4000 poorer, by definition. A handful of workers will be richer yes, but most of us will be poorer. You may not care, I get the pride in "America built" but you're average citizen may feel the loss in living standards and they might get angry about it. They may associate conservatives with less prosperity for the long term.
Logged

Offline kevindavis007

  • Hero Member
  • *****
  • Posts: 8,383
  • Gender: Male
Re: Trump exempts smartphones, computers and chips from new tariffs
« Reply #7 on: April 12, 2025, 04:01:42 pm »
Quote from: Weird Tolkienish Figure on April 12, 2025, 03:57:51 pm
The thing is that a $5000 smartphone means that consumers here in the US will be $4000 poorer, by definition. A handful of workers will be richer yes, but most of us will be poorer. You may not care, I get the pride in "America built" but you're average citizen may feel the loss in living standards and they might get angry about it. They may associate conservatives with less prosperity for the long term.


Yes they will..
Logged
Join The Reagan Caucus: https://reagancaucus.org/ and the Eisenhower Caucus: https://EisenhowerCaucus.org

Ronald Reagan: “Rather than...talking about putting up a fence, why don’t we work out some recognition of our mutual problems and make it possible for them to come here legally with a work permit…earning here they pay taxes here.”

Offline IsailedawayfromFR

  • Hero Member
  • *****
  • Posts: 13,884
Re: Trump exempts smartphones, computers and chips from new tariffs
« Reply #8 on: April 12, 2025, 04:41:30 pm »
Quote from: kevindavis007 on April 12, 2025, 03:51:48 pm

Are you dumb enough to think smartphones built here will be cheap??  Of course you are..
And are you dumb enough to insult arguably one of the smartest guys on this site with that drivel?
« Last Edit: April 12, 2025, 04:49:44 pm by IsailedawayfromFR »
Logged
“You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing.” Thomas Sowell

Offline kevindavis007

  • Hero Member
  • *****
  • Posts: 8,383
  • Gender: Male
Re: Trump exempts smartphones, computers and chips from new tariffs
« Reply #9 on: April 13, 2025, 04:25:41 am »
Quote from: IsailedawayfromFR on April 12, 2025, 04:41:30 pm
And are you dumb enough to insult arguably one of the smartest guys on this site with that drivel?


Anyone who supports tariffs is a dumb ass
Logged
Join The Reagan Caucus: https://reagancaucus.org/ and the Eisenhower Caucus: https://EisenhowerCaucus.org

Ronald Reagan: “Rather than...talking about putting up a fence, why don’t we work out some recognition of our mutual problems and make it possible for them to come here legally with a work permit…earning here they pay taxes here.”

Offline kevindavis007

  • Hero Member
  • *****
  • Posts: 8,383
  • Gender: Male
Re: Trump exempts smartphones, computers and chips from new tariffs
« Reply #10 on: April 13, 2025, 04:39:39 am »
Logged
Join The Reagan Caucus: https://reagancaucus.org/ and the Eisenhower Caucus: https://EisenhowerCaucus.org

Ronald Reagan: “Rather than...talking about putting up a fence, why don’t we work out some recognition of our mutual problems and make it possible for them to come here legally with a work permit…earning here they pay taxes here.”
Pages: [1]   Go Up
« previous next »