Trumpenomics
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wrote on 12 Apr 2025, 18:08 last edited by
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.
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wrote on 12 Apr 2025, 18:11 last edited by
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.
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wrote on 12 Apr 2025, 20:05 last edited by
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wrote on 12 Apr 2025, 20:06 last edited by
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wrote on 12 Apr 2025, 20:13 last edited by
It's all so completely absurd.
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wrote on 12 Apr 2025, 20:46 last edited by jon-nyc 4 Dec 2025, 20:46
@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.
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wrote on 12 Apr 2025, 20:50 last edited by
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wrote on 13 Apr 2025, 19:18 last edited by jon-nyc
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wrote on 13 Apr 2025, 19:33 last edited by
Just wanted to say POTUS is looking well, a bit thinner in the face and very healthy. Anyone noticed a difference?
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wrote on 13 Apr 2025, 19:41 last edited by
Art of the meal?
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wrote on 13 Apr 2025, 19:43 last edited by
I wonder what the rare earths restriction means to Tesla.
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wrote on 13 Apr 2025, 20:00 last edited by
The WH announcement literally was called "Clarification of Exceptions", lardass.
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wrote on 13 Apr 2025, 21:10 last edited by
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wrote on 13 Apr 2025, 21:12 last edited by
The most charitable explanation is that Navarro/Lutnick just take their fight public after losing a skirmish in a conference room somewhere.
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wrote on 13 Apr 2025, 21:14 last edited by
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wrote on 13 Apr 2025, 21:41 last edited by
As for an update on "Drill, Baby, Drill", more drills were shut down in the past week than in the past 2 years.
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wrote on 13 Apr 2025, 23:05 last edited by
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wrote on 13 Apr 2025, 23:14 last edited by 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
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wrote on 14 Apr 2025, 20:48 last edited by
