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Seems a bit anti-business to have an unequal playing field just for the star-bellied sneetches. Also silly that those with the biggest piles of capital are gett
by kevin_thibedeau 2y ago
Seems a bit anti-business to have an unequal playing field just for the star-bellied sneetches. Also silly that those with the biggest piles of capital are getting exemptions when the whole purpose of this exercise is to spur local investment in manufacturing. If anything, small businesses below some threshold of revenue/staff should be getting exemptions.
- croes 2y agoThat’s how oligarchies work.
- izacus 2y agoEastern Europe and large part of Asia to US citizens: "First time?"
- DangitBobby 2y agoWe are returning champs of the Oligarchy World Tour at this point.
- deleted 2y ago[deleted]
- bogwog 2y agoWdym? It's entirely merit-based, with the 'merit' being $1 million dollar totally-not-a-bribe dinner with the president: https://www.tomshardware.com/tech-industry/artificial-intelligence/trump-reportedly-suspends-nvidia-h20-export-ban-plan-after-usd1-million-dinner-with-jensen-huang https://www.tomshardware.com/tech-industry/artificial-intell...
- rqtwteye 2y agoThat's definitely how it looks like
- ArinaS 2y ago[flagged]
- FranzFerdiNaN 2y agoAmerica has finally become the banana republic it has accused others of being.
- vasco 2y agoThat's a funny way of looking at it because the banana republics weren't called that because they were "bananas" or something. They were called that to identify which of those countries had had state and megacorp interference and government toplings, by mostly the United Fruit Company - an American company. Whatever the banana republics were they were turned into that by the US's doing, so it's funny that now the term comes back home.
- ftorres16 2y agoIt bears some resemblance to the Imperial Boomerang. https://en.m.wikipedia.org/wiki/Imperial_boomerang https://en.m.wikipedia.org/wiki/Imperial_boomerang
- kmeisthax 2y agoPeople commenting here about Trump corruption are correct, but it's also not new. This is regression to the mean. America has historically been a highly corrupt nation with extreme wealth inequality that occasionally has shocks (e.g. Abolitionism, the Progressive movement, WWII) that allow liberals to take over and purge the system of corruption. If anything, we've had to deal with and defeat (or at least, outlive) smarter and more well-connected fascists than Trump.
- BLKNSLVR 2y agoI agree and my rationale of it is that it's related to the US dedication to capitalism and thus aversion to any form of socialism (even small pockets that, in my opinion, are evidently positive for society as a whole) as some kind of governmental totalitarianism.
- cookiengineer 2y agoThis has been the best TIL moment for me on HN. Thanks, man, I am now in the rabbit hole of reading up. In that same context, did you read the article about how diplomats were "convincing" the Mexican government to not use open source over Microsoft? It sure sounds like the same strategy. [1] https://lwn.net/Articles/1013776/ https://lwn.net/Articles/1013776/
- integricho 2y agonot just a bit, this is so unfair and smells of corruption, only the richest companies getting exemptions, give me a break. this is what organized crime looks like.
- pb7 2y ago[flagged]
- integricho 2y agoif it is not, what is your interpretation of it then?
- pb7 2y agoIt is all companies in the categories of phones, computers, and chips.
- integricho 2y agoso what difference does that make, my interpretation still holds :)
- seanmcdirmid 2y agoIt applies to huawei as much as Apple.
- samtheprogram 2y agoFalse, you said: > only the richest companies getting exemptions …when the reality is that certain classes of goods were exempted. You reiterated the clickbaity headline. Products like the Librem phone have exceptions. Is Purism one of the richest companies?
- victor106 2y agoYou are right. Do you think all the tech CEO’s attended his inauguration for nothing? I never imagined I would see such public corruption in any western country. I am saying this as someone who supported some the current administrations agenda
- giarc 2y agoThe inauguration donations are pretty common across all parties, I think the Trump coin launching the day prior was the most corrupt.
- stevenwoo 2y agoJared Trump’s business getting two billion dollar investment from Saudi Arabia and the Secret Service paying Trump millions for various services like staying at his hotels happened during his first term.
- buzzerbetrayed 2y agoCompanies aren’t getting exemptions. The product categories are. The headline is misleading. And while you might already be aware of that, most the people responding to you clearly aren’t.
- rqtwteye 2y agoThe result is still that certain companies are getting exemptions for their products while others aren't. And there is no real rhyme or reason behind these decisions
- buzzerbetrayed 2y agoK. We aren’t in disagreement there. Not sure if you’re giving pushback on something I said.
- Spooky23 2y agoTrue, yet irrelevant. If Apple imports garlic for it's cafeteria, that will be tariffed. But those commodity categories represent the business of the named companies, and those companies represent the majority of the value of imports to the US in those categories.
- buzzerbetrayed 2y agoIt’s not irrelevant at all when the headline implies that companies were singled out by name. Details matter.
- tokioyoyo 2y agoBecause they can’t do it, and will be sued, to my understanding. I think you’re trying to make the admins look good.
- atkailash 2y ago[dead]
- jm4 2y agoIt’s total bullshit. Part of my business involves direct import and that’s now impacted by tariffs. The cherry on top is that what I import is not and cannot be produced in the U.S. I source a number of other products from suppliers in the U.S. and literally every single one of them is impacted by tariffs somehow, whether it’s ingredients, packaging, etc. that comes from somewhere else. Some of my materials originate in the Dominican Republic, which is now subject to a 10% tariff, although it’s more common for others in my industry to source those same materials from China. Now that China is prohibitively expensive, they will be quickly pivoting to other suppliers, which will further drive up prices. Supply chains are in chaos right now. It burns me up that massive companies like Apple and Nvidia get a free pass while everyone else is subject to the most brain dead economic policy anyone alive today has ever lived through.
- steveBK123 2y agoThe whole thing strikes me as a bunch of nepobaby/fake academic/banker bro advisors who have no idea how the physical world works. As much as I think Musk is a bad actor at this point, talking to him about supply chains would have highlighted how insane this whole plan was from day 1. My dad is a retired EE who dealt with the 90s offshoring wave and described the process of spinning up offshore production with a new supplier/factor/product as a 1-2 year process. Now imagine every producer with China exposure trying to do this at the same time dealing with the same limited ex-China options? Nothing was happening in the 90 day pause, let alone before the 2026 midterms or before the end of his reign in 2028. Complete chaos for American companies who are left with no good options other than try to wait it out, and pass on excess cost to consumers in interim.
- jm4 2y agoIt’s pure stupidity and most people don’t even realize it. Last night I met a couple at a country club where I was a guest - one of those $100k/yr places - and they asked me if my trade partners are charging me more with the tariffs. I told them the U.S. government is charging me more with the tariffs and my trade partners are charging me more because the value of the dollar is down. This was the first time anyone told them it’s the importer who pays the tariff and that it will be passed to the customer in multiples to maintain the same profit margin. Man, to be wealthy enough to be a member at a place like that and to be able to live in ignorant bliss… What a life.
- kgwgk 2y ago"Star-bellied sneetches" maybe, but it's not about "biggest piles of capital" as much as about importing things with the following codes: 8471 8473.30 8486 8517.13.00 8517.62.00 8523.51.00 8524 8528.52.00 8541.10.00 8541.21.00 8541.29.00 8541.30.00 8541.49.10 8541.49.70 8541.49.80 8541.49.95 8541.51.00 8541.59.00 8541.90.00 8542
- m348e912 2y agoIt took me a minute to figure out what you were referring to: | Code | Description | |--------------|------------------------------------------------------------------------------| | 8471 | Automatic data processing machines (e.g., computers, servers, laptops) | | 8473.30 | Parts/accessories for machines of 8471 (e.g., computer parts) | | 8486 | Machines for manufacturing semiconductors or ICs | | 8517.13.00 | Smartphones | | 8517.62.00 | Data transmission machines (e.g., routers, modems) | | 8523.51.00 | Solid-state storage (e.g., USB drives, flash memory) | | 8524 | Recorded media (e.g., tapes, disks — mostly obsolete) | | 8528.52.00 | LCD/LED monitors for computers | | 8541.10.00 | Diodes (not including LEDs) | | 8541.21.00 | Transistors (<1 W dissipation) | | 8541.29.00 | Other transistors | | 8541.30.00 | Thyristors, diacs, triacs | | 8541.49.10 | Gallium arsenide LEDs | | 8541.49.70 | Other LEDs (not GaAs) | | 8541.49.80 | Other photosensitive semiconductors | | 8541.49.95 | Other semiconductors not elsewhere specified | | 8541.51.00 | Unassembled photovoltaic cells | | 8541.59.00 | Other photovoltaic cells/modules | | 8541.90.00 | Parts for items in 8541 | | 8542 | Electronic integrated circuits (e.g., microprocessors, memory chips) |
- d0gsg0w00f 2y agoI'm reaching here but.... Apple has already "committed" to investing in US manufacturing. Also, many companies have committed to AI investments on US soil which would be heavily NVIDIA dependent. Could be a justification for the exemption.
- dyauspitr 2y agoThis is probably the most corrupt, pay to play government in the history of the US. Merit has no place here.
- wnc3141 2y agoTrump is pro business in the same way Putin is. It's not good to be in the Russian oil business, unless you are Putin's chosen friend.