Trumpenomics

[jon-nyc]

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.

[Horace]

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.

[jon-nyc]

[jon-nyc]

Another take on the asininity of the current situation

[Axtremus]

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.

[Horace]

It's all so completely absurd.

[jon-nyc]

[jon-nyc]

[jon-nyc]

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

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

[AndyD]

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

[jon-nyc]

Art of the meal?

[jon-nyc]

I wonder what the rare earths restriction means to Tesla.

[jon-nyc]

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

[jon-nyc]

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

[jon-nyc]

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

[jon-nyc]

@jon-nyc said in Trumpenomics:

[kluurs]

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

[jon-nyc]

FFS. Now they’re exempting Temu and Shein.

[jon-nyc]

'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

[jon-nyc]