Smartphones and computers will be exempt from Trump's steep China tariffs, the U.S. Customs and Border Protection revealed late on Friday night.

Smartphones, computers, and other electronics will be exempt from President Donald Trump’s steep China tariffs, the U.S. Customs and Border Protection revealed late on Friday night.

  • bampop@lemmy.worldEnglish
    33·
    3 days ago

    The funny thing is that it’s supposed to stimulate US manufacturing. Like companies are going to invest years of time and billions of dollars building factories and moving production to the US, because of a tariff system that changes every 2 days.

    • Bizzle@lemmy.worldEnglish
      6·
      3 days ago

      He doesn’t care about American manufacturing. That has always been a flimsy cover.

      • bampop@lemmy.worldEnglish
        1·
        2 days ago

        Sure, it’s just a way to raise taxes on the public without calling it that. Upside is they bring in a lot of money quickly. Downside is they do a fuckton of irreparable damage to the US economy, the standard of living of people in the USA, and a fair bit of collateral damage to the rest of the world. But at least Elon gets his tax breaks for another couple of years so yay!