Trump exempts smartphones from reciprocal tariffs after market rout
Trump exempts smartphones from reciprocal tariffs after market rout
Dispensation is first sign of softening of levies against China and provides a big boost for Apple
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.
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.
I'm moving to Montana soon. Gonna be a dental floss tycoon.
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.
All that big talk about forcing countries to negotiate
Trump indeed touts tariffs as international leverage, but they're 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.
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.
Looks like Tim Apple's $1 million contribution to HitlerPig's unregulated Inauguration fund paid off.
Truly the art of the deal
deal-do. In-Out, In-Out, In-...
He's losing confidence and support
Hope china adds an export tariff on smartphone to match other tarriffs.
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.Called it! Threaten tariffs until companies bring a suitcase of cash to you. Then they end up on an exempted list.