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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

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  • jon-nycJ Online
    jon-nycJ Online
    jon-nyc
    wrote last edited by
    #653

    The Wall Street editor of The Economist magazine had this to say about the exemption for Chinese made electronics:

    If you were running a secret strategy to undermine American manufacturing, exempting popular finished consumer goods from tariffs and keeping them in place for intermediate goods, capital goods and raw materials would be a good way to go about it.

    Only non-witches get due process.

    • Cotton Mather, Salem Massachusetts, 1692
    1 Reply Last reply
    • HoraceH Online
      HoraceH Online
      Horace
      wrote last edited by
      #654

      I guess he has those people in the bag politically anyway. The people with 401ks and a nest egg to protect, on the other hand, were probably easy swing voters.

      Education is extremely important.

      1 Reply Last reply
      • jon-nycJ Online
        jon-nycJ Online
        jon-nyc
        wrote last edited by
        #655

        Only non-witches get due process.

        • Cotton Mather, Salem Massachusetts, 1692
        jon-nycJ 1 Reply Last reply
        • jon-nycJ Online
          jon-nycJ Online
          jon-nyc
          wrote last edited by
          #656

          Another take on the asininity of the current situation

          Only non-witches get due process.

          • Cotton Mather, Salem Massachusetts, 1692
          1 Reply Last reply
          • AxtremusA Offline
            AxtremusA Offline
            Axtremus
            wrote last edited by
            #657

            Maybe we just don't understand what Trump is getting at.
            @Jolly, tell us what you believe Trump is thinking by exempting smartphones, computers, and other electronics from tariffs. Thanks.

            1 Reply Last reply
            • HoraceH Online
              HoraceH Online
              Horace
              wrote last edited by
              #658

              It's all so completely absurd.

              Education is extremely important.

              1 Reply Last reply
              • jon-nycJ jon-nyc

                jon-nycJ Online
                jon-nycJ Online
                jon-nyc
                wrote last edited by jon-nyc
                #659

                @jon-nyc said in Trumpenomics:

                ChatGPT gave me an estimate of 4-7 years to build a large aluminum smelting plant in the US at a cost of ~$5B per million tons of annual output. Oh and that assumes you have 15-20 terawatt hours per year of electricity generation nearby, enough to power about 1MM homes.

                So yeah, no one’s doing that based on a tariff that might not last until June, let alone 2030.

                Only non-witches get due process.

                • Cotton Mather, Salem Massachusetts, 1692
                1 Reply Last reply
                • jon-nycJ Online
                  jon-nycJ Online
                  jon-nyc
                  wrote last edited by
                  #660

                  Only non-witches get due process.

                  • Cotton Mather, Salem Massachusetts, 1692
                  1 Reply Last reply
                  • jon-nycJ Online
                    jon-nycJ Online
                    jon-nyc
                    wrote last edited by jon-nyc
                    #661

                    We import >80% of our rare earths from China.

                    I wonder if they’ve told Trump to request a call.

                    Only non-witches get due process.

                    • Cotton Mather, Salem Massachusetts, 1692
                    1 Reply Last reply
                    • A Online
                      A Online
                      AndyD
                      wrote last edited by
                      #662

                      Just wanted to say POTUS is looking well, a bit thinner in the face and very healthy. Anyone noticed a difference?

                      1 Reply Last reply
                      • jon-nycJ Online
                        jon-nycJ Online
                        jon-nyc
                        wrote last edited by
                        #663

                        Art of the meal?

                        Only non-witches get due process.

                        • Cotton Mather, Salem Massachusetts, 1692
                        1 Reply Last reply
                        • jon-nycJ Online
                          jon-nycJ Online
                          jon-nyc
                          wrote last edited by
                          #664

                          I wonder what the rare earths restriction means to Tesla.

                          Only non-witches get due process.

                          • Cotton Mather, Salem Massachusetts, 1692
                          1 Reply Last reply
                          • jon-nycJ Online
                            jon-nycJ Online
                            jon-nyc
                            wrote last edited by
                            #665

                            The WH announcement literally was called "Clarification of Exceptions", lardass.

                            IMG_4140.jpeg

                            Only non-witches get due process.

                            • Cotton Mather, Salem Massachusetts, 1692
                            jon-nycJ 1 Reply Last reply
                            • jon-nycJ Online
                              jon-nycJ Online
                              jon-nyc
                              wrote last edited by
                              #666

                              Jesus. How do they expect businesses to make any decision whatsoever?

                              Only non-witches get due process.

                              • Cotton Mather, Salem Massachusetts, 1692
                              1 Reply Last reply
                              • jon-nycJ Online
                                jon-nycJ Online
                                jon-nyc
                                wrote last edited by
                                #667

                                The most charitable explanation is that Navarro/Lutnick just take their fight public after losing a skirmish in a conference room somewhere.

                                Only non-witches get due process.

                                • Cotton Mather, Salem Massachusetts, 1692
                                1 Reply Last reply
                                • jon-nycJ jon-nyc

                                  The WH announcement literally was called "Clarification of Exceptions", lardass.

                                  IMG_4140.jpeg

                                  jon-nycJ Online
                                  jon-nycJ Online
                                  jon-nyc
                                  wrote last edited by
                                  #668

                                  @jon-nyc said in Trumpenomics:

                                  IMG_4140.jpeg

                                  IMG_4141.jpeg

                                  Only non-witches get due process.

                                  • Cotton Mather, Salem Massachusetts, 1692
                                  1 Reply Last reply
                                  • kluursK Offline
                                    kluursK Offline
                                    kluurs
                                    wrote last edited by
                                    #669

                                    As for an update on "Drill, Baby, Drill", more drills were shut down in the past week than in the past 2 years.

                                    1 Reply Last reply
                                    • jon-nycJ Online
                                      jon-nycJ Online
                                      jon-nyc
                                      wrote last edited by
                                      #670

                                      FFS. Now they’re exempting Temu and Shein.

                                      Only non-witches get due process.

                                      • Cotton Mather, Salem Massachusetts, 1692
                                      1 Reply Last reply
                                      • jon-nycJ Online
                                        jon-nycJ Online
                                        jon-nyc
                                        wrote last edited by jon-nyc
                                        #671

                                        'We will make things more difficult for American companies with Chinese supply chains, but ensure that direct sales from Chinese factories aren't inconvenienced'

                                        -Art Of The Deal

                                        Only non-witches get due process.

                                        • Cotton Mather, Salem Massachusetts, 1692
                                        1 Reply Last reply
                                        • jon-nycJ Online
                                          jon-nycJ Online
                                          jon-nyc
                                          wrote last edited by
                                          #672

                                          fa623f32-5352-4331-a90e-bab787ef047f.jpeg

                                          Only non-witches get due process.

                                          • Cotton Mather, Salem Massachusetts, 1692
                                          1 Reply Last reply
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