• 8517.13.00.00

    From JAB@21:1/5 to All on Sun Apr 13 07:00:24 2025
    Trump's iPhone olive branch is a significant trade war retreat

    Well, well, well.

    In a US customs messaging note quietly slipped out in the early hours
    of Saturday, a series of numbers were listed as exempt from the 125%
    tariff on goods entering the country from China.

    The code "8517.13.00.00" means very little to most of the world, but
    in the US customs list it represents smartphones.

    The inclusion meant that the number one Chinese export to America by
    value last year was exempted from the import taxes, alongside other
    electronic devices and components, including semiconductors, solar
    cells and memory cards.

    https://www.bbc.com/news/articles/cde2z6jpzp8o

    Consumers would be quite pissed if they had to pay the tariff included
    price.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Retrograde@21:1/5 to JAB on Sun Apr 13 15:32:00 2025
    On 2025-04-13, JAB <[email protected]d> wrote:
    Trump's iPhone olive branch is a significant trade war retreat
    ...
    The inclusion meant that the number one Chinese export to America by
    value last year was exempted from the import taxes, alongside other electronic devices and components, including semiconductors, solar
    cells and memory cards.


    Thinking about this, it's cynical and revealing. It means consumers will
    think everything got better, because the price of a cellphone is
    someting they are paying attention to. They're not focused on the price
    of steel, chemicals, industrial imports, machinery, plastic products, manufactured parts ... all the things the Walmart-shopping consumer does
    not pay attention to.

    Stupid example: Easter. The baskets and fake grass came from China, the
    plastic eggs came from China, probably a decent part of the candy and
    chocolate came from China, the boxes that chocolate bunnies get
    presented in: China. Every single one of those things just got more
    expensive.

    China can sit tight knowing America will be FORCED to concede on its
    tariffs. It's going to impact every American consumer budget, the one
    thing Americans do not like, especially if they're not bought into the
    rhetoric of "suffering in the name of winning ... something."

    When Trump caves, he's going to look like a LOSER and it's going to be hilarious to watch.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From JAB@21:1/5 to All on Sun Apr 13 10:52:34 2025
    On 13 Apr 2025 15:32:00 GMT, Retrograde <[email protected]d>
    wrote:

    When Trump caves

    In a sense, he has caved when the cost increase has been eliminated on Smartphones.

    Having Smartphone prices double overnight would get the natives very
    upset.

    The T-Borg's "dog and pony show" promoting tariffs are good for US
    would have bit the dust if tariff rhetoric was still in effect on
    Smartphones.

    I believe this shows the T-Borg & Crew are afraid of 'low information
    voters' being aware economically of their deceits.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)