this post was submitted on 14 Apr 2025
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politics

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Donald Trump and White House officials walked back a Friday announcement that there would be tariff exemptions on imported electronics.

In a Truth Social post on Sunday, Trump directly denied the tariff exemption announcement.

“This is really mind-boggling. If this was serious industrial policy, the main thing you want is certainty: ‘Here’s the tariff, it will be in place for the indefinite future, and you should plan accordingly,’” Dean Baker, an economist at the Center for Economic and Policy Research, a left-leaning think tank, said, according to The Washington Post. “Here, it’s basically: ‘Come back next week and see what we’ve got.’ That’s no way to run an economy.”

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[–] [email protected] 7 points 3 weeks ago

Is it just me or is anyone else reminded of Pahpshmir out of the Naked Gun movies by this disgusting man?

[–] [email protected] 3 points 3 weeks ago

Stock market doesn't believe his truth social report it seems. Apple shares are still up mid morning.

[–] [email protected] 7 points 3 weeks ago (1 children)

Assuming we make it out of this, I’d be in favor of Chinese style justice for all of these insider trades.

[–] [email protected] 1 points 3 weeks ago (1 children)

Government management positions for them and their family?

[–] [email protected] 2 points 3 weeks ago

I was thinking of how they handle the folks they don’t like. It’s swift, decisive, and irreversible.

[–] [email protected] 17 points 3 weeks ago (1 children)
[–] [email protected] 17 points 3 weeks ago

I think you're confused. They make up their mind all the time, then check if everyone sold/bought stocks and than they make up their mind again. Then they check if everyone sold/bought stocks and on and on.

[–] [email protected] 51 points 3 weeks ago
[–] [email protected] 48 points 3 weeks ago (1 children)

The AP source title is: Trump’s commerce secretary says new electronics tariff exemptions are temporary, chip tariffs coming

The part that's been denied is that the exclusion is permanent. Since Friday, electronics from China would be subject to 20% of the fentanyl tariff and nothing more. It will be this way until Trump invents another tariff just for electronics. I believe this is what most commentators expected back in Friday, but there must be talks of capitulation and Trump couldn't stand to lose face.

[–] [email protected] 9 points 3 weeks ago (1 children)

Crazy that someone checked the facts and shares about it and 3 hours later only has 5 upvotes including the one I just gave. Thank you. Maybe next time you should begin your comment with # HERE IS THE CONTEXT GUYS!

[–] [email protected] 58 points 3 weeks ago (2 children)

The USA is definitely a joke now. It's just that everyone is laughing nervously. We are afraid that falling so fast from top to bottom will bring the system down.

[–] [email protected] 5 points 3 weeks ago (2 children)

Which system? The US political system? That one is damaged beyond repair and needs to be reworked completely. The global economic system? That one is also damaged beyond repair, but the rework will create a lot of instability and most likely war.

[–] [email protected] 1 points 3 weeks ago

Yes I was thinking about the global economic system. And like you pointed out, I'm worried that the rework (on top of being ugly) might end up in a worse situation (in terms of inequality, freedom etc...)

[–] [email protected] 9 points 3 weeks ago

I'm worried that total economic collapse would only consolidate power and not distribute it. I'm not versed in history so I could be wrong

[–] [email protected] 24 points 3 weeks ago

Its a concept of a plan.

[–] [email protected] 4 points 3 weeks ago (1 children)

Trump, "There was no Tariff ‘exception’ announced on Friday".

Nope, totally nothing to see here: "Reciprocal Tariff Exclusion for Specified Products".

[–] [email protected] 1 points 3 weeks ago* (last edited 3 weeks ago)

He really thinks that the public has an even shorter memory than him (and that websites don't exist).

[–] [email protected] 35 points 3 weeks ago (4 children)

Stock market futures be like 📉📈📉📈📉📈📉📈📉

[–] [email protected] 3 points 3 weeks ago* (last edited 3 weeks ago)

⬆️⬇️⤴️⤵️♾️🌀🌀🌀💫😵‍💫💫

[–] [email protected] 33 points 3 weeks ago* (last edited 3 weeks ago)

More like this:

MAGA stock market

[–] [email protected] 35 points 3 weeks ago (1 children)

Every movement of the stocks can be used to make money if you know it's coming. These guys are making hand over fist with insider trading fraud.

[–] [email protected] 3 points 3 weeks ago (1 children)

IMO he probably knows he’s gonna die soon, so this 2nd term is all about locking up money for his kids.

[–] [email protected] 5 points 3 weeks ago (1 children)

😂 Thats actually hilarious, if the kids are getting rich it's a by product. Trump has never cared about anyone but himself.

[–] [email protected] 2 points 3 weeks ago

It is kind of hilarious lol I just figure what’s the point of accumulating all this wealth

[–] [email protected] 17 points 3 weeks ago

An insider trader's delight.

[–] [email protected] 10 points 3 weeks ago (2 children)

Lol holy shit. And a few hours later he's going to deny that he denied the exemption and be like "what are you talking about? I said certain electronics are exempt!"

I'm starting to think that maybe the reason Elon Musk did two blatant nazi salutes in a row was to test what they could do in front of everyone's eyes while denying it, and to see how many people would just go "ok sure, I didn't see what I just saw. Whatever you say, dear leader."

[–] [email protected] 7 points 3 weeks ago (1 children)

I doubt Musk's salute was that deep. He's not some slick political operative. He's a 4chan dipshit who thought he'd be edgy and cool and tiptoe up to the line. He thought it would be much more ambiguous what he did and he'd "own the libs" by making them look like fools to the normies who genuinely wouldn't see it for what it actually was. He clearly was not expecting basically no one but the cultists on his side to not see what he did.

[–] [email protected] 2 points 3 weeks ago

The evil behind trump is thiel and putin

[–] [email protected] 13 points 3 weeks ago

“The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.”

― George Orwell, 1984

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