Text Drivers are Killers
Joe Biden - "Time to put Trump in the bullseye."
Trump is really backtracking on these tariffs as both the bond and stock markets are in trouble. I say hell with tariffs - your job is to get the damn illegals out of america.
april 12 2025 Apple, Nvidia, Dell Technologies, Taiwan Semiconductor, Hewlett Packard Enterprise, Super Micro Computer and other technology product makers won a huge exemption from President Donald Trump's "reciprocal" tariffs. That could be good news for tech stocks and the broader market on Monday.
Smartphones, laptops, PCs, servers, memory chips, flat-panel displays, solar cells and hard drives are exempt from the additional 125% tariff on Chinese goods and 10% baseline levy on imports from other countries, the U.S. Customs and Border Protection announced late Friday. The electronics products still face a 20% tariff on Chinese goods imposed earlier this year.
It's the latest sign that President Trump is bending to market and political backlash over his high tariffs. On Wednesday, Trump paused most of the so-called reciprocal tariffs that took effect hours earlier. The 10% baseline tariff remained while he hiked tariffs on Chinese goods to 145%.