Smartphones and computers will be exempt from Trump's steep China tariffs, the U.S. Customs and Border Protection revealed late on Friday night.

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.

  • thejml@lemm.eeEnglish
    111·
    3 days ago

    I guess he bought enough shares of Apple now that he drove the stock price down. Way to manipulate the market for your buddies.

    • Artyom@lemm.eeEnglish
      54·
      3 days ago

      Yes, the supreme court ruled that any “official act” of the president is legal, so unless the supreme court wants to either

      1. Undo that ruling, or
      2. Rule that this isn’t an official act,

      Then Trump is 100% in the clear.

      • alvvayson@lemmy.dbzer0.comEnglish
        27·
        3 days ago

        And even if the Supreme Court does rule it to be illegal, the only way to remove him is through impeachment.

        That ain’t gonna happen.

        And if it miraculously did happen, then J.D. Vance would pardon him and continue the grift, just in a little bit less obvious way.

      • NotMyOldRedditName@lemmy.worldEnglish
        1·
        3 days ago

        I think the ruling could deem it not an official act if the intent was to insider trade as facilitating inside trading isn’t an official duty. But you’d need proof that was the intention.

    • Snowstorm@lemmy.caEnglish
      6·
      3 days ago

      I wonder… if your buddies went long on stock this week, do you push it just a bit higher before the next storm, so they exit?

      It would be hilarious for the Truth Social early warning to be true-true-false. At some point he will do the opposite and only the closest insiders will profit.