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#tariff

167 posts130 participants6 posts today
Public
R. Scott Pert

Asian stocks rise on electronics tariffs exemption, gold hits new high

> Asian #stocks rose Monday as trade war fears were tempered by #DonaldTrump's announcement of #tariff exemptions for electronics, though the dollar weakened and safe-haven #gold hit a fresh record amid fears the relief would be short-lived

> After the wild gyrations witnessed last week, markets got off to a relatively stable start following news Friday that the White House would exempt #smartphones, today.rtl.lu/news/business-and

Gold prices hit another record high, helped by a rush into safe havens and the weaker dollar / © AFP
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toussaint

Day4 of '90deals in 90dys'*

no deals, but after a day of everyone laughing at trumps obvious flip flop on exemptions, he came & of course, flip flopped again, saying those exemptions are temporary. So the ppl who were happy they got some #tariff certainty, are now sad again theguardian.com/us-news/2025/a
yahoo.com/news/commerce-secret

The past two weeks have witnessed the most volatile period for financial markets since the coronavirus pandemic lockdowns five years ago. This time, however, the cause is not a highly contagious virus but the grievances and whims of one man. No retreat on tariffs, Trump;)romised. Hours later, he blinked
Public
R. Scott Pert

Sen. Cory Booker said Sunday that Congress should hold hearings and defended Democratic lawmakers’ calls for investigations into any possibility of #insidertrading after President #DonaldTrump encouraged people to buy #stocks before reversing his #tariff policy last week.

> “There is enough of an offense here, there’s enough smoke here that should demand congressional hearings,” the New Jersey Democrat said on NBC News’ “Meet the Press.” nbcnews.com/politics/congress/

NBC News · Sen. Cory Booker says Congress should hold hearings on whether insider trading on Trump's tariffs occurredBy Megan Lebowitz
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Public
Tim Mak

#Trump’s #tariff war has driven down #oil prices, hitting Russia’s economy.

With a 1/3 of its budget from oil and gas, revenues may drop 2.5% in 2025 if trends persist. The #Kremlin spokesman said the situation was "tense", in an uncharacteristic admission of economic uncertainty.

ft.com/content/44b5046f-f916-4

Financial Times · Vladimir Putin’s war chest under threat as oil prices slideBy Anastasia Stognei
Public
R. Scott Pert

Mitsubishi Motors has halted shipments of finished automobiles to #US dealerships as it waits to see what comes next after the Trump administration imposed an additional 25% #tariff on imported autos.

> The Japanese automaker has not stopped exporting vehicles from Japan, but has decided to suspend deliveries of new vehicles to its 330 American sales companies.
archive.fo/2025.04.12-200737/h #tariffs #TradeWar #MitsubishiMotors

The Outlander is Mitsubishi Motors' most popular model in the U.S. (Mitsubishi Motors) AZUSA KAWAKAM
Public
⚯ Michel de Cryptadamus ⚯

Did a little punching up of my intro paragraphs.

"Donald Trump, on the other hand, showed up to the free market drunk, punched congress’s girlfriend in the tits, threw some gang signs, grabbed the wheel of the steamroller of American enterprise, and started shouting “YOLO!” while doing donuts in your stepmom’s flowerbeds. Steamroller donuts, each one cheered on more enthusiastically than the last by a cavalcade of botoxed ghouls from Fox News, OANN, Newsmax, and the entire consortium of Tenet Media connected podcasts caught red handed taking millions of dollars from Russian intelligence less than a year ago. It’s a trajectory of governance that's unrecognizable to the American electorate, though I have a bad feeling that anyone who lived through the rise of a populist strongman like Robert Mugabe, Victor Orban, or Hugo Chavez would feel the shock of recognition.

cryptadamus.substack.com/p/how

The Cryptocalypse Chronicles · How To Insider Trade And Influence People (With Tariffs)By Michel de Cryptadamus
#uspol#trump#MAGA
Public
Snowshadow 🇨🇦

🇺🇸 👇 I suppose the prospect of US factories with hundreds of people using tiny screwdrivers was too much for MAGA Americans...?

"The U.S. CBP listed 20 product categories, including the very broad 8471 code for all computers, laptops, disc drives and automatic data processing. It also included semiconductor devices, equipment, memory chips and flat panel displays."

Ahem: No mention of reason why. 🙄

#US #Tariff #Tech #Computer

reuters.com/markets/us-exclude

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Public
toussaint

Day3 of '90deals in 90dys'-Ron Vara

no deals yet, but US tried to soften the punch it was hitting itself in the face w/ by exempting products americans would cry about most if they stop coming in from China, strengthening the hand of Xi and paying back Tim Apple's bribe.
Western capitalism is all scams now, just give $1M bribe, get $100M legal loophole #TradeWar #tariff #tariffs

Trump Exempts Phones, Computers, Chips From ‘Reciprocal’ Tariffs Summary by Bloomberg AT N Related Content « The Trump administration exempted smartphones, computers, and other electronics from reciprocal tariffs, potentially reducing sticker e shock for consumers and benefiting electronics giants like Apple and Lol gt e B —_ e * The exclusions apply to popular consumer electronics items not made in the US, such as smartphones, laptop computers, and computer QU processors, as well as machines used to make semiconductors. Taunched global trade wars. « The tariff reprieve may be temporary, as the exclusions may soon be LA TR replaced by a different, likely lower, tariff for China. el (Av By Debby Wu, Shawn Donnan and Josh Wingrove Relief at a Trade Hub on the Southern Border, but (Bloomberg) -- President Donald Trump’s administration exempted s smartphones, computers and other electronics from its so-called reciprocal tariffs, potentially cushioning consumers from sticker shock while benefiting electronics giants including Apple Inc. and Samsung Electronics Co. News on Tariffs The exclusions, published late Friday by US Customs and Border Protection, Click to see more news and narrow the scope of the levies by excluding the products from Trump’s 125% ~ analysis on how tariffs are China tariff and his baseline 10% global tariff on nearly all othe...
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