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New Trump Tariffs Won't Include Fitness Trackers Or the Apple Watch (theverge.com)
According to Bloomberg, the next round of China tariffs won't include devices that receive and transmit voice data, a category that includes the Apple Watch, Fitbits, Sonos Speakers, and a host of other fitness trackers and home assistants. The Verge reports: The White House recently backed down on the rate at which the imports would be taxed. Over the weekend, The Wall Street Journal reported that listed goods would likely be taxed at only 10 percent. As recently as August, President Trump had considered setting the rate at 25 percent. Customs documents describe the category in vague terms, listing the devices as "machines for the reception, conversion and transmission or regeneration of voice, images or other data." But that vague category has come to encompass a wide range of personal tech, including fitness trackers and personal voice assistants. The Apple Watch, AirPods, HomePod, BeatsWL, AirPort, and Time Capsule all fall under the code, according to a letter submitted by Apple to the U.S. Trade Representative. Other categories of Apple products will still be affected by the tariff, including adapters, the Mac mini, and any circuit boards or internal components shipped individually to the United States.
and pass the MAGA
The orange idiot rages on
Enjoy your inflation, Trumpanzees
Objectively you are the idiot. Or at the least delusional. Trump will not be removed or resign during his presidency. Mod me down but remember this comment when your delusional fantasy never comes true.
Good, him being impeached would do nothing other than give rise to a 'dagger in the back' legend and turn him into a martyr for the MAGA crowd. In any other democracy he would have been slapped with a no confidence vote in parliament followed by a new election but due to the nature of the US system you are stuck with him for another two years. Trump needs to be voted out of office in 2020, not just for the sake of the US but for the sake of the entire damn planet. The US is the Roman Empire of our time and we cannot afford to have an imbecile for an emperor. If, however, Trump is re-elected one can only hope that it will be healthy for the US to live through a full 8 years of his presidency as an object lesson in what it costs to indulge yourself with militant political tribalism and to vote for a president based on his entertainment value rather than his competence because that is really the only thing the bottom 90% in the USA are getting out of Trump. They are getting 'entertainment', they are being told what they want to hear while he slowly and methodically screws them over. Anybody who believes that a guy who lives in a glass tower named after himself and who shits into a gold plated toilet is 'a man of the people' and 'a friend of the little guy' is has less brains than an amoeba.
"he US economy is quite strong now"
That's the $1.2-1.5 trillion borrowing for the tax cuts, it's worth about 8-10% of GDP growth which they'll probably time in the quarters before elections (i.e. you'll get another hit in Q3 2018).
"China's is fairly weak"
China has a trade surplus with most of the world, and will continue to trade with most of the world.
"They need to sell their crap to the US way more than we need to buy it"
Normally I'd agree, but Trump started trade wars with EU, NAFTA countries and USA needs *some* market *somewhere*. It can only inflate the economy for so long without trade to prop it up. No trade, no $$$ propup, dollar falls, inflation is worthless money printing, welcome to 2007.
That Mexico 'deal' Trump made is terrible, 75% minimum NAFTA manufacturing to qualify as trade free. Which favors low cost labor Mexico and stops US companies manufacturing in China, finishing in USA, and exporting to Mexico. So US companies will get hit with tarrifs in the short term and in the long term will move jobs to Mexico to cut costs.
I see the 'adults in charge' op-ed, but they can't stop the random acts of Trump.
hah
Not taxing working class Americans. The Dems want to raise local taxes.
200B on tariffs to China who are raping the US with one sided trade deals which should have been fixed years ago.
Previous admins were too corrupt or too chicken shit to fix it.
More promises kept by Trump!
Damned right he has.
I was planning to take a vacation in the US soon, but I've cancelled it, because I have no interest whatsoever in spending my money in the US now.
Will my choosing to not spend my money in the US matter to anybody? Probably not. Will I feel better I'm just sending a big "fuck you"? Absolutely.
Trump has picked trade fights with North America, Europe, Asia, and damned near everyone else, and acts as if long-time allies are enemies. OK, fine, we're enemies ... and while I bear no ill-will to average Americans, the only recourse I have is to simply try to avoid buying stuff from your companies, buy local, and let you suffer from Trumps' trade policies.
Those Americans thinking that the rest of the world is going to recognize your awesomeness and bend over backwards to feed the ego of that orange shit head ... I've got some bad news for you, that won't be happening.
His ego got you into this mess, so now you get to live with it. But don't whine when the natural choice for the rest of us is to stop doing business with you, which is apparently what you wanted.