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vegeta@lemmy.world to politics @lemmy.world · 3 months ago

Trump exempts phones, computers, chips from new tariffs

www.cnbc.com

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  • cross-posted to:
  • politics@lemmy.world
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Trump exempts phones, computers, chips from new tariffs

www.cnbc.com

vegeta@lemmy.world to politics @lemmy.world · 3 months ago
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  • politics@lemmy.world
Financial markets have been roiled since President Trump imposed stiff tariffs on China, where Apple and other tech companies make many of their products.
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  • xyzzy@lemm.ee
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    3 months ago

    As a side note, can you imagine being an accountant and trying to keep track of the tariff declarations that are changing daily?

    • Darkassassin07@lemmy.ca
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      3 months ago

      May as well install a roulette wheel

      • Oxysis/Oxy@lemmy.blahaj.zone
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        3 months ago

        LetsGoGambling.mp4 playing

      • futatorius@lemm.ee
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        deleted by creator

    • frickineh@lemmy.world
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      3 months ago

      I’m pretty sure all the people who deal with imports have to be on the verge of a mental breakdown. What a nightmare. Policy made by a petty, stupid tyrant based on apparently nothing but vibes and changing as often as he shits his diaper is no way to run a country, but here we are.

    • Today@lemmy.world
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      3 months ago

      A friend works for a hardscaping company - sidewalks, drainage, parking lots, etc. Every day she gets an email about price changes on equipment and materials. It’s making her crazy!

    • foggy@lemmy.world
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      3 months ago

      I literally think it’s so absurd that there has been some kind of collective agreement to just ignore Donald Trump’s dementia laden rambles.

      https://www.theverge.com/news/647480/trumps-tariffs-reportedly-arent-being-collected-for-freight-shipments

      Idk what’s actually happening here but I hope my knee jerk reaction is correct :)

      • futatorius@lemm.ee
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    • DerGottesknecht@feddit.org
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      3 months ago

      Colleague of mine is responsible for implementing the tariffs in our quoting process, he had to spend his marriage anniversary day on this shit.

    • infectoid@lemmy.world
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      3 months ago

      I once worked on a project to calculate tariffs on goods for an importer. It was a massive job with lots of edges cases. And that was under normal conditions.

      My gut feel is that some, maybe even most of this can be worked in, but there is absolutely going to be shit going under the radar because it’s too hard, too confusing or out right contradictory.

      • admin@sh.itjust.works
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        3 months ago

        I’ve exported computer parts before and you’d be surprised that the way to declare them is not: “gaming PC” or “Macbook air 13"” in the customs form but more like “Data processing machines” and if you were to ship a motherboard, it has to be declared as “Data Processing Machine Parts” or whatever it is, with a totally different code and classification, same thing for memory devices, for CPUs and even for storage devices.

        So yeah, I have a feeling they won’t even bother covering all the angles and just allow assembled computers, phones (since the US made iPhone is impossible at this point) and “chips” whatever they decide classifies as a chip.

      • futatorius@lemm.ee
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    • NoSpiritAnimal@lemmy.world
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      3 months ago

      Yeah I do quoting for a manufacturer and it’s fucking hell.

    • lemmysquezzy@lemmy.world
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      3 months ago

      It’s been hell since the start of February. Reporting from the front lines. I’ve got folks working 16 hour days right now to keep supply chains moving.

  • dhork@lemmy.world
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    3 months ago

    Basically, a lot of the important shit that the CEOs of companies who contributed to his campaign depend on. So, he is caving, but only for his big donors.

    I hope China doesn’t back down, though, and keep their counter-tariffs in place until all our dumb tariffs are taken away. Bullies only understand force.

    • hitmyspot@aussie.zone
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      3 months ago

      Lol, if china implemented an exit tariff on USA for the items they want.

      • eldavi@lemmy.ml
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        3 months ago

        these electronics are literally made in china; it would be hard to image that they won’t take some sort of action.

    • Clent@lemmy.dbzer0.com
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      3 months ago

      Guess Tim Apple’s inugration donation bribe paid off.

      Still a terrible person and CEO.

    • circuitfarmer@lemmy.sdf.org
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      3 months ago

      he is caving, but only for his big donors.

      He’s also caving for China – at least, they still benefit greatly.

  • vegeta@lemmy.worldOP
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    3 months ago

    The solution to chaos is….more chaos

    • nocturne@sopuli.xyz
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      3 months ago

      This sounds like a job for Professor Chaos!

      • foggy@lemmy.world
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        3 months ago

        And General Disarray 🤓 🫡

    • Pistcow@lemm.ee
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      3 months ago

      more brribes

  • ExtremeDullard@lemmy.sdf.org
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    3 months ago

    I wonder if you can eat cellphones or inject computer chips instead of insulin…

    What good is cheap(er) tech when you can’t afford drugs and groceries?

    Ah yes, I forgot… His tech bro backers are probably behind this.

    • BagOfHeavyStones@lemm.ee
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      3 months ago

      Apples maybe.

      • hitmyspot@aussie.zone
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        3 months ago

        An apple a day keeps the doctor away, so it’s solved.

    • normanwall@lemmy.world
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      deleted by creator

  • BigMacHole@lemm.ee
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    3 months ago

    Thank YOU Trump for Allowing these Exemptions!

    -Americans who Thanked Trump for the TOTAL Tariffs just a Couple Days ago!

  • Verdant Banana@lemmy.world
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    3 months ago

    bread and circuses

    • futatorius@lemm.ee
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    • PattyMcB@lemmy.world
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      Yuuuuuup! The excesses of a decaying society

  • ThePantser@sh.itjust.works
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    3 months ago

    Funny how these are sold on his store as official merch.

    • sarcasticsunrise@lemmy.world
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      3 months ago

      My feet hurt just from looking at that

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    deleted by creator

    • futatorius@lemm.ee
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  • DaddleDew@lemmy.world
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    Oh what’s that? Couldn’t find people to screw those tiny screws?

  • FartsWithAnAccent@fedia.io
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    3 months ago

    Prices are still going up and companies are pocketing the difference with even more price gouging. Nobody seems to be stopping them either. Never mind the reciprocal tariffs that got added on top of everything else by other countries.

  • Mossheart@lemmy.ca
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    Cool, but the prices that were raised because of tariffs won’t go down so quickly. It’ll just go into the pocket of the corps.

    • 𝚜𝚑𝚊𝚍𝚎𝚊𝚛𝚐@lemmy.world
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      Deflation is a four letter word to these people, and I have seen economic pundits excoriated for even mentioning the term.

      The consumer won’t regain what was lost without a fight.

  • shittydwarf@lemmy.dbzer0.com
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    • Lucidlethargy@sh.itjust.works
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      Tim Cook has been suckingTrump off since the beginning. I hope they have losses.

    • Serinus@lemmy.world
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      Well, they can think of it as a PR stunt/lobbying that helped get this done.

  • Hello_there@fedia.io
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    Watch scumbag tech still list tariffs as a source of cost increase

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