Smartphones and computers are now exempt from Trump’s latest tariffs
Smartphones and computers are now exempt from Trump’s latest tariffs
8 comments
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I'd be pissed if I was one of these companies that supposedly already started building factories in the USA
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There was a USA toy shop owner that said their European suppliers simply aren't accepting orders from the USA right now because the rules are changing too often in too unpredictable ways.
These "on again, off again" tariffs are possibly doing more damage than putting the tariff on and leaving it on. As it stands I can see more foreign companies simply not willing to deal with trump's USA tariff clown show and not allowing orders from the USA under any circumstances for the foreseeable future.
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I can imagine why. You put a bunch of stuff on a boat now with no tarrifs in place, but by the time the boat reaches American shores the orange shitstain saw the word dei in his alphabet soup and went off the rails again and imposed tarrifs. So now when the shipment lands you suddenly have to pay an extra 150% or have it destroyed.
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Absolutely. What businesses require is predictability. Even higher costs are okay as long as they are predictable. What trump is doing with on-and-off again tariffs is the opposite. So I can't imagine any companies are able to plan an act with regard to the USA consumer market.
The only winning move is to not play the game at all. Foreign companies won't make the longer term investments to build factories here because a daily tariff swing will make them lose that entire investment. Nor will they try to fulfill orders from abroad because those products may be too expensive for customers when they arrive at the port even just a few days later. Then the supplier gets hit with extra shipping costs to bring them back home.
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8 comments