Trump China Tariff now 145%

This is all on purpose. They are manipulating the stock market and insider trading IMO.

www.independent.co.uk/news/world/americas/us-politics/trump-billionaire-profits-dropped-tariffs-b2731386.html

M0nica

The man is an idiot - and so are many of his advisors. Putin and Xi are just running rings round them and making them look more and more stupid with every move.

Making America Great Again? All Trump can do is Make America Look Stupid

Not only that Monica.. but he has now cut grants to the very same universities where much of the world's new innovations are created.. thus potentially losing their lead in all sorts of technologies, medicine and scientific research

I don’t think the reaction is what was expected at all. I think they have ballsed it up big time to be honest, they aren’t getting the reaction Trump expected, and the light is dawning for some of them that they have it badly wrong. It now depends on how pig headed Trump is, and whether he can do anything that will save some face.

Dos anyone else think it might be deliberate, ie as in Project 25's support for policies that engineer a crash, through this series of interventions, withdrawals, backdown on withdrawals and so on, and somehow the US phoenix will arise triumphant from the flames? (the rich, of course, remaining rich, including Trump and buddies.

I don't see it working, but at any rate think we cant trust them and needs to make our own alliances.

Does Trump think that China would just take the huge tariffs imposed on them and not retaliate. Denying the US of the rare earth minerals that they need for many things including defence must be a blow. However much they bluster about acquiring them elsewhere it will take time.
Does Trump actually think?

Um.. David I think that the tarriffs are back on smartphones and laptops again - maybe soon / maybe tomorrow...says the Great Thinker.
Of course, this may change again when I rouse the little one from her nap...it's hard to keep up, isn't it?

I suppose he's dealing.

China is now refusing to sell rare earth minerals to the US. Which snookers a lot of US manufacturing.

www.reuters.com/world/china-hits-back-us-tariffs-with-rare-earth-export-controls-2025-04-04/

It seems people are asking for inquiries into people close to Trump making money from insider dealing, MTG is one under suspicion!

David I already said that at Sat 12-Apr-25 17:43:04

"If I were China I would put a temporary blockade on the export of chips and any electronic goods made in China to the US until Trump lifted the tariffs on everything."

foxie48

If China really wants to put the boot in all they need to do is flog even more of the US treasury bonds they hold to create a run and the US will be hit with their enormous debt costing more, which is the exact opposite of what Trump wants to achieve. I'm afraid Trump does not even understand basic economics!

Trump has now exempted Smart phones and Laptops from the tariffs fearing Apple, Dell, HP etc would be hit hard and consumer prices would skyrocket.

If I was China I would ban the export of technology to the US, short term that would hit the US hard. China isn’t going to be a pushover in a trade war.

If China really wants to put the boot in all they need to do is flog even more of the US treasury bonds they hold to create a run and the US will be hit with their enormous debt costing more, which is the exact opposite of what Trump wants to achieve. I'm afraid Trump does not even understand basic economics!

The man is an idiot - and so are many of his advisors. Putin and Xi are just running rings round them and making them look more and more stupid with every move.

Making America Great Again? All Trump can do is Make America Look Stupid

Whitewavemark2

You are assuming an awful lot there growstuff.

That he has a working level of reasonable level of intelligence for a start.

I was being a tad sarcastic, as I'm sure you realised.

Oh,imaround, thats chilling. People who dont follow the news in the UK haven't a clue about what could hit them with a far right government.

I have no idea Casdon. Most of his agenda comes from The Heritage Foundation and Project 2025. Multiple members of his cabinet are authors of Project 2025.

You can actually track the progess of P2025 here:

www.project2025.observer/

Trump is losing any credibility that he may have had and China is making him look a complete fool. Why on earth people think he's a genius deal maker is totally beyond me. If I were China I would put a temporary blockade on the export of chips and any electronic goods made in China to the US until Trump lifted the tariffs on everything.

When people in the US realised they'd be paying three times as much for their Apple phones Trump had no option to blink first.
He did the same when American bonds were quickly being sold. China holds many of those bonds.
Is Trump capable of reasoned thought before he caused chaos for himself as well.

growstuff

imaround

People like thier phones and weren't happy about this I guess. He blinked again.

"Smartphones and computers are among many tech devices and components that will be exempted from reciprocal tariffs imposed by President Donald Trump, according to new guidance from U.S. Customs and Border Protection.

The guidance, issued late Friday evening, comes after Trump earlier this month imposed 145% tariffs on products from China, a move that threatened to take a toll on tech giants like Apple
, which makes iPhones and most of its other products in China."

www.cnbc.com/2025/04/12/trump-exempts-phones-computers-chips-tariffs-apple-dell.html

This just gets sillier!

Can't say I'm surprised but who on earth is advising him

because all his buddies want their phones and computers and need to buy them to run just about everything ..... and even his MAGA mates might object to beloved phones and computers

He blinked first, didnt he?

I think he’s actually deep in the you know what now, I predict a climb down, with a dented reputation.
I saw on a post today from Maximilian Robespierre that even Fox News featured a story where the light had dawned about it being Americans who would actually be paying the taxes, not China, and small businesses are likely to go under. Durr.

Well he just did with the smart phones😄😄.

Whitewavemark2

I hope China doesn’t back down too soon, make the silly bugger sweat.

Do you think China will back down? I’m not convinced they will, I think they will wait for him to blink.

You are assuming an awful lot there growstuff.

That he has a working level of reasonable level of intelligence for a start.

What an idiot! Surely he realised the value of all the phones and gadgets people import from China.

I hope China doesn’t back down too soon, make the silly bugger sweat.