this post was submitted on 13 Apr 2025
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Archive: https://archive.is/2025.04.12-132331/https://www.ft.com/content/3eb48a07-7cb0-4a44-9159-eb5b402c2fec

The Trump administration has excluded smartphones from its steep “reciprocal” tariffs as it battles to calm global markets by tempering its approach to the multifront trade war launched by the president.

According to a notice posted late on Friday night by Customs and Border Patrol, which is responsible for collecting tariffs, smartphones, along with routers and selected computers and laptops, would be exempt from reciprocal tariffs, which include the 125 per cent levies Donald Trump has imposed on Chinese imports.

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[–] [email protected] 67 points 2 days ago (1 children)

This is truly the dumbest roller coaster.

No one is moving manufacturing anywhere because everyone knows Donny Dumbass is going to change his mind next time he takes a shit.

Honestly, someone build a toothbrush factory somewhere in kansas so these idiots can save face, rescind all tariffs, and let the grown ups get back to producing value.

[–] [email protected] 11 points 2 days ago

I'm moving to Montana soon. Gonna be a dental floss tycoon.

Montana - Frank Zappa

[–] [email protected] 36 points 2 days ago (1 children)

All that big talk about forcing countries to negotiate and you ducked cause Tim Apple asked you to.

No one is scared of you Don Don.

[–] [email protected] 10 points 2 days ago* (last edited 2 days ago)

All that big talk about forcing countries to negotiate

Trump indeed touts tariffs as international leverage, but they are just as much if not more of a domestic power play that forces US businesses to kiss the ring in order to get exemptions. Businesses that pledge allegiance keep their supply chains and survive, whereas those that don't satisfy the Mango get to pay tariffs and compete with exempted businesses in a weakening consumer market with decreasing purchasing power.

[–] [email protected] 36 points 2 days ago (1 children)

Of course he did.

This whole tariff thing was a shakedown, and a strategy to enrich his cronies via stock manipulation.

[–] [email protected] 24 points 2 days ago (1 children)

While that may be what happened on Friday, declaring that to be the intended outcome ascribes waaaay too much forethought and planning to what is happening. There is none. That's the truly horrifying part. In the last week Don has lost more money than anyone ever in the history of the world and he has achieved that by surrounding himself by yes-barbi's and yes-ken's and then acting on vibe-based meme-level reasoning with no filter.

[–] [email protected] 16 points 2 days ago* (last edited 2 days ago) (1 children)

But his uber rich masters made out like bandits buying up the depreciated stock, then reselling when they rose days later. Green is in the spotlight over it, because she's so arrogant, being a trust fund millionaire's daughter, that she thinks she's untouchable.

Let's be clear. Trump is a demented, narcissistic idiot, a useful fool. He's not in charge of anything. He's doddering around his golf course. The people who are handling him for the Oligarchs, and the Oligarchs themselves, are the true danger.

[–] [email protected] 10 points 2 days ago (1 children)

I'm not going to disagree with that, there are certainly people who are benefiting from his chaotic nature, and how easily manipulated he is.

That said, I still think it's a mistake to think that anyone has any strategy or plan.

[–] [email protected] 5 points 2 days ago

As I stated, Trump doesn't. His one and only motivation is to appear to be a badass.

His masters, however...

[–] [email protected] 13 points 2 days ago

Looks like Tim Apple's $1 million contribution to HitlerPig's unregulated Inauguration fund paid off.

[–] [email protected] 18 points 2 days ago

This guy is such a sad caricature of a true leader. All he does is whine and cry for attention. The moment some true leader stand up to him he folds immediately. People who fell for this shit have reasoning skill of an ameba.

[–] [email protected] 7 points 1 day ago

Hope china adds an export tariff on smartphone to match other tarriffs.

[–] [email protected] 7 points 2 days ago

He's losing confidence and support

[–] [email protected] 5 points 1 day ago

Just as an observation, the design on those phone screens look like spiders. Colorful spiders. Like if spiders became power rangers.
Now your day is complete. Carry on.

[–] [email protected] 8 points 2 days ago (1 children)
[–] [email protected] 2 points 2 days ago* (last edited 2 days ago)

deal-do. In-Out, In-Out, In-...

[–] [email protected] 4 points 1 day ago

Called it! Threaten tariffs until companies bring a suitcase of cash to you. Then they end up on an exempted list.

[–] [email protected] 1 points 2 days ago

Bread and entertainment, give it to the masses, and they will keep you in power