cross-posted from: https://lemmy.world/post/28194139
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.”
Did Muck and Zuckidiot had a meeting with the orange men begging him to not put tariffs? What about Cook? Oh my oh my, smells like market manipulation and Bribery 1 on 1. Very incentive indeed.
Yeah.thisnisnboth incompetence and public Insider trading. They’re not even trying to hide it
I bet all those manufacturers that decided in the 3 days that the tariffs were active on electronics to move all their operations and build new factories to America are happy that their decision was the right one after all.
The rules will surely not be changed again.
Apple supposedly flew 500 tons of new phones from China to import them before the tariffs came in last tuesday lol
I honestly can’t get enough of it. All these shitty business owners are finally getting fucked over by their special baby and he’s breaking their backs lmaoo
we’ll beat the tariffs, I’ll bring my inventory over before they go into effect
spends exorbitant fees filling planes full of phones
tariffs are suspended
(ノ゜ο゜)ノ
tariffs are suspended
Tariffs came in last Tuesday, were removed on Friday, came back on Sunday. I expect Tim Apple is loving the daily surprises.
I don’t think Apple really lost much money doing that. It’s not like the phones are going to spoil. They’ll just send the next batch of new ones from Taiwan to backfill the inventory.
Once again there are choosing the course of action that sabotages their power the most.
If they want to move investors, they have to change the rules once in a consistent way that looks stable, and convince them that an investment will have time to pay off in the new environment. By changing the environment constantly and in contradictory ways they make that impossible.
A little wishy, a little washy.
As for me, I managed to get banned from a channel on here. They posted an image of vegan shoes so I followed the joke up with some reality…YouTube allowed videos of how cattle are stunned and then skinned. I didn’t add any text so they assumed I was glorifying that shit.
Such is life I guess. Maybe I should impose a tariff on my neighbors to feel better about my self.
Now I understand what trump meant that tariffs would make child daycare easier. Because if everyone is unemployed then they have more time to watch their kids
we’re so past 5D chess that we’ve hit the Curse of Dimensionality…
Snip snap snip snap snip snap!
That bit has been stuck in my head for a minute now, with all these re-reversals.
Do you have any idea the toll this takes on the economy?
MAGAt mayhem that is what they do best.
Bonds are gonna crash and we’ll do this all again tomorrow.
No take backs on a triple dog dare. Everybody knows that.
At this rate, by next week Howard Lutnick will be reading Reddit’s Wallstreetbets sub for advice on how to run the economy. The utter stupidity and incompetence are off the charts this month.
He can read?
There’s been rumblings of an impeachment attempt possibly happening because of these tariffs but I don’t trust the rumors. If Trump actually manages to get impeached over this or something else then I will eat my shoes. Feel free to screen shot to hold me accountable.
He’s already been impeached twice. A conviction from this Senate will never happen. They’d need every Democrat, the two independents, and would need to get 20 Republican senators to vote to convict. One or two I can see happening, but 20? Never.
That’s why I said I’ll eat my shoes if it happens. Because I don’t think it’s gonna happen.
What type of shoe? If you’re not gonna eat it can I have it as a birthday present to my dog?
Realistically how you would do ? You have leather one ? Would you boil them and add some gravy or seasonning ? Or just raw dog it and whatever ? It would be probably extra toxic in general with the amount of plastic.
I’m just gonna raw dog it ngl. I’m built different
Or maybe you just want an excuse to eat shoes.
Hmm maybe
The GOP will never vote to impeach him. They’re cowards who are terrified of MAGAts.
Yeah that’s why I dont trust it. Our realistic best bet at getting rid of him would be when he collapses the economy and chaos erupts. Hopefully whoever our FDR 2 ends up being (if we get one ) could rally the troops and we could have a disturbed land of confusion moment lol. That song and video has been in my head alot lately.
He puts the “if” in tariff.
And the “con” in economy.
Maybe the con in panopticon?
The opposite of the infinity chancla
Apparently they are using the unplug “technique” that musk used at twitter.
