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  • We certainly need to have semiconductors, and the downstream electronics supply chain move to the United States. What happened is- it’s not really an exception. That’s not even the right word for it,” Greer said. “So, it’s not that they won’t be subject to tariffs geared at reshoring. They’ll just be under a different regime. It’s shifting from one bucket of tariffs to a different bucket of potential tariffs.”

    We at the US government believe in clarity in communication, so here's a clear explanation of the tariff exemption which we have walked back and are ready to implement. There will be a tariff exemption on electronics, only it's an exemption to the overall tariffs, in order to have a separate tariff regime for electronics. This tariff will be 0%. By that we mean 0% lower than a percentage that is not the regular 145% which is still in effect, but may also be paused like the other 10% tariffs which have been paused but will be in effect. In other words, electronics might have a tariff applied to them that may be higher than 0% and/or lower and/or higher than 145%, and this last tariff may be paused and/or raised to match the electronics tariff, which is a different regime.

  • My theory: tech CEOs threatened Trump to back off the tariffs and he initially caved in, BUT, then made a counter demand that tech CEOs bring all manufacturing back to America to which they immediately said

    so now Trump is threatening to bring tariffs back.

    There's probably a fuck load of infighting going on in the administration too, and ofc Trump's insider trading buddies who want this flip flopping to continue so they can keep doing market manipulation.

    Truly America's Gorbachev era.

42 comments