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Trump Reduces Tariffs By Excluding Phones, Chips, and Computers

mark46

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The tech companies give a big sigh of relief. The Chinese workers on the Apple assembly line can continue to remain employed for $500 a month. This was critical for tech companies and for the countries of South Korea, Japan and Taiwan.

75% of the US market was already excluded since the tariffs didn't apply to services. Also excluded are products addressed in the first trump administration deal with Mexico and Canada.
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It seems that most affected will be food from South America, for example bananas and coffee. Also, all those inexpensive goods sold at Walmart.
 

Aryeh Jay

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The tech companies give a big sigh of relief. The Chinese workers on the Apple assembly line can continue to remain employed for $500 a month. This was critical for tech companies and for the countries of South Korea, Japan and Taiwan.

75% of the US market was already excluded since the tariffs didn't apply to services. Also excluded are products addressed in the first trump administration deal with Mexico and Canada.
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It seems that most affected will be food from South America, for example bananas and coffee. Also, all those inexpensive goods sold at Walmart.

I used to think an expensive watch was a status symbol, now it's a bag of rock hard avocados.
 
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