“Trump’s Exceptional Tariff Weekend”
“Late Friday Trump’s own Customs and Border Protection (CBP) department issued a notice listing products that will be exempt from Mr. Trump’s so-called reciprocal tariffs that can run as high as 145% on goods from China. The exclusions apply to smartphones, laptop computers, hard drives, computer processors, servers, memory chips, semiconductor manufacturing equipment, and other electronics.”
“The press spent Saturday reporting this noting that this meant a big reprieve for powerful tech companies, though not for small manufacturers.“
“On Sunday morning Commerce Secretary Howard Lutnick said tariffs on electronic goods would go up again in the future”
“Trump jumped in late Sunday afternoon. NOBODY is getting off the hoo. 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.”
“Welcome to the new tariff economy, where you now must also navigate the political minefield of arbitrary tariffs”
Bottom line, Trump don’t know what the fuck he’s doing nor does he understand tariffs which is why he keeps referring to the 1890’s as his model
Keep that popcorn popping