Trump exempts smartphones, computers and various other electronics from Chinese tariffs

The ultimate parlor trick occurs when tariffs are removed from all the logical sectors, but remain on unnecessary products because their lobbyist funding is inadequate.

From Chat GPT

"The Art of the Deal" is Donald Trump's negotiating strategy that he has used consistently for decades. Here are the key elements:
1. Start with an extreme position to create room for compromise.
2. Use attention-grabbing statements to control the narrative and put the other side on the defensive.
3. Create a sense of urgency to pressure the other side into making concessions.
4. Keep the other side guessing about your true intentions and bottom line.
5. Be willing to walk away if the deal doesn't meet your standards.

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Create a sense of urgency to pressure the other side into making concessions

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Waiting on these concessions

Trump needs to clean out his entire economic staff after this disaster

Trump made tariff moves with US and North American manufacturing not built out enough. A massive buildout program is needed before the hammer can truly come down on the Chicoms.

Can’t wait for the resident MB maga trolls to tell me this is 4d chess

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Shepherd88

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This isn’t art of the deal, because this doesn’t accomplish anything on your list. This is “oh shite, my tariffs as written will crush the four largest American companies by capitalization on the stock market” backtracking. And for the record, I applaud him for that. It would have just been nice if he had started with his head not in his arse instead of having to pull it out.

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This isn’t art of the deal, because this doesn’t accomplish anything on your list. This is “oh shite, my tariffs as written will crush the four largest American companies by capitalization on the stock market” backtracking. And for the record, I applaud him for that. It would have just been nice if he had started with his head not in his arse instead of having to pull it out.

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Agreed.
Plus, I think Bessent is scared to death of the way 10 year notes are trading.
QE at this point would be wildly inflationary.
Bond Daddies played 47D chess.

The world economy, of which America is the leader, cannot be managed like a casino deal in Atlantic City. It’s one thing to bully and bluff lenders and the GC into a better deal. It’s another to deal with the Chinese who in my experience are uber capitalistic despite being communist. We look like a joke.

I do believe Lutnick and Bressent are talented, capable people who should take the lead in tariff negotiations going forward. I also agree with Elon that Navarro is dumber than a sack of bricks and should be made the fall guy of this mess.

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Not sure it’s that effective when everybody knows Trump’s tactics, and understands economic complexities on a much higher level than Trump

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Do they? I mean everybody is still asking the question whether the tariffs are a negotiating tactic or is he really looking to bring manufacturing back to the US? Is he trying to erase the trade deficit or is he trying to bring in revenue so he can cut taxes?

So he most certainly still has everybody on the ropes with his intentions.