$TRUMP was the worst investment ever | rksah on Binance Square

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$TRUMP was the worst investment ever 

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#USElectronicsTariffs US Electronics Tariff Exemption Signals Strategic Trade Pivot The United States has exempted electronics—smartphones, laptops, semiconductors, and more—from President Donald Trump’s “reciprocal tariffs,” effective retroactively from April 5, 2025. Announced by U.S. Customs and Border Protection (CBP), this spares these goods from 125% tariffs on Chinese imports and 10% duties on others, easing pressure on tech giants like Apple, Nvidia, and TSMC, as well as consumers. The move, however, may be temporary, with sector-specific tariffs looming. The CBP listed 20 exempt categories, including solar cells and chipmaking equipment, representing $101 billion—or 22%—of 2024 U.S. imports from China. Without this, analysts warned an iPhone 16 Pro Max could jump from $1,199 to $2,300. Apple, assembling 90% of iPhones in China, gains significantly, as do chipmakers like Nvidia, critical to AI infrastructure. White House Press Secretary Karoline Leavitt called it a step to curb reliance on Chinese manufacturing, noting Apple’s $500 billion U.S. investment plan and TSMC’s stateside chip plant expansion. Yet, Commerce Secretary Howard Lutnick hinted at new semiconductor tariffs within months, citing national security. Trump, posting on social media, confirmed a Section 232 probe into electronics supply chains, suggesting more levies. This follows China’s retaliatory 125% tariffs on U.S. goods after Trump raised Chinese duties to 145%. Critics like Senator Elizabeth Warren call the policy erratic, pointing to a $1 million donation from Apple’s Tim Cook to Trump’s inaugural fund, though no impropriety is proven. Markets reacted cautiously, with U.S. stocks rising Monday. The exemption also aids Taiwan, Malaysia, and Vietnam, with significant export relief. Still, with Trump hinting at updates today, April 14, 2025, and a separate 20% tariff on Chinese goods tied to fentanyl, uncertainty lingers. This balancing act—shielding consumers while pushing reshoring—hinges on what comes next.

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