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.

  • merc
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    2 days ago

    Even when he happens to make a correct decision, the decision-making process is pure chaos.

    Just think about how chaotic things were during COVID. People weren’t allowed to leave their homes. Restaurants were laying off all their staff. Many tourist attractions were completely shut down. Airlines were flying empty planes around just so they didn’t lose their airport slots. People switched from spending locally to buying things online, but China was also dealing with COVID, so that made manufacturing and shipping chaotic too. The ports were completely screwed, with completely full ships sitting in the port waiting weeks to unload.

    Despite all that, economic uncertainty in Trump’s 2nd term is twice as bad. It’s literally off the charts.

    Graph of US Economic Uncertainty showing it's off the charts under Trump

    Nobody can make any reasonable long-term plans because everything might change depending on the mad king’s whims.

    And, last time things went back to normal because this was a worldwide pandemic and there wasn’t anybody to blame for it. This time, everyone knows that this is Trump’s fault, and that he was elected with widespread support from the American people. I don’t think things are going back to normal after this.

    • Henson@feddit.dk
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      2 days ago

      He destroyed the trust we had in th USA. Europa countryand business are looking for alternatives, and sure something will go back. But fx in IT USA will lose bigtime, once turned away from Microsoft and Google, they are not going back.