Maybe Trump should pitch something called the CHIPS Act to address the semiconductors. 🤔

Every 30 days you simply call Mr Trump and make him an offer. We have to stay flexible as Mr Trump’s needs could change.

Ridiculous. A fool who bankrupted two casinos and is a 34x convicted felon for financial fraud is determined to play tariffs, no matter how destructive they are. There's no real plan, just his impulses driving the behavior.

Tariff Otaku really thinks Xi will call him if he has some time to think it over.

It's always better to not pick up the phone, and I think this time Xi has figured that out. Time is it's own pressure, and just giving these guys time means they'll find creative ways to fuck things up a hundred different and contradictory ways.

Drugs are already more expensive to buy in the US than in other countries 🙄

Wait til they change their minds in a few weeks as their buddies cash in. The USA is now Trump's owners' vehicle for grift and crime. Wrapped in fake religion and pretend patriotism. #impeachment

We aren’t re-shoring anything dude. Not tomorrow not in a year, just stop. Jfc

Is that the guy who quoted himself under a fake name?

Fuck these people.

OH OKAY SO NOW MY PS5 PURCHASE MAKES SENSE AGAIN

"Bed goes up, bed goes down. Bed goes up, bed goes down ..."

These guys are intent on completely destroying this country. That and they’re really stupid.

They got to keep shocking us until we all fall online that's all it is it's trying to control the population in many different ways this is one of them

The most frustrating thing watching this is that these people were chosen for their willingness and ability to lie. The only thing that you can’t know is whether he actually has a strategy or whether it’s whatever strikes Trump’s fancy at any given moment.

Signs point to …Who knows?

Schrödinger's tariffs: they're simultaneously ON and OFF until each importer observes his bill from U.S. Customs. Or, Apple could simply move all iPhone production to the U.S. in the next *30 days*, teach OUR army of millions to screw in tiny screws. Problem solved, yes?

And every month going forward, they’ll be tariffed for 24 hours. Our sovereign wealth fund will be fully-funded in no time.

policy unreliability will continue until market volatility improves, I guess

As Michael Scott said, 'Snip snap snip snap snip snap' Same logic

These clowns are just making shit up as they go along

or they're back on tomorrow if people get "yippie" not even fortune tellers know

“Alright, Apple, you’ve got one month to move iPhone manufacturing to the US. Also…”

Trump admin on tariffs being on/off/paused/exempted/permanent: youtu.be/GM-e46xdcUo?...

Suuuuurely by 1 month from now, domestic smartphone manufacturing capacity will increase from 5k units/yr to 125M/yr. That's a 2,500,000% increase. And it will cost consumers an extra $200B/yr.

I respect their commitment to maximizing confusion.

chat why aren't you uncertainty-maxxing

That poor tariff writer on BlueSky who was so depressed over scrapping all his work twice in 1 week...oh boy.

bsky.app/profile/jose...

“Reshore” 😂

Coming down from the tariff high. Chasing that tariff dragon

The idiot Lutnick never heard of the CHIPS act?

It's like playing Twister & Russian Roulette at the same time: we're tying ourselves into pretzels as we shoot ourselves in the head. Nice country ya got there.

Tim Apple should just make the price of the iPhone $3000 and say there's nothing he can do about it

Didn't you hear? Actually they weren't exempted at all. But also they were. But also they won't be next month. But also uh, yes. And no. Maybe? America!

Lutnick is terrible at his job.

Born with an untrustworthy face and a voice that peels carrots

This administration seems to be split between factions of ideologues who imagine endless fields of factories, mobsters eager to trade exemptions for favors, and nativists pushing for anything that hurts other nations - all in orbit around a senile out-of-the-loop man who only values fawning praise.

The combined effect of this is schizophrenic hour-by-hour policy change that makes business effectively impossible. It’ll take a lot of structure change post-2028 to regain the market optimism that I had just months ago.

Do you think he ever hears what he is saying ? Because the whole world is shaking their heads every time he speaks - really

There is no policy. No strategy. Just indecisive instability, like inside his insidious little brain.

DJT: "EVERYTHING from China tariffed 150%!" Oligarchs: "Whoa. Too much." DJT: "Everything except that stuff made by big donors!" MAGA: "Bro, you backing down?" DJT: "And the stuff made by my big donors, it all goes to 150% in 30 days!!" Oligarchs: "OK. How much and where do we send it?"

“Keep supply chain teams guessing” and “make earnings unpredictable” are key precepts of excellent management and prosperous market economies.

Pharmaceuticals. He's thrown pharmaceuticals into the mix which they've previously said are off the table. How come no one's hair is on fire over this?!?

Oh, people are, but not anyone that matters to this administration. And I am sure they would love to engineer massive shortages of estrogen and testosterone if they can.

They'll lose cop support (which I dare say they are counting on to keep rabble-rousers in check) if testosterone goes.

And I'm sure a large percentage of the dudes in this administration use supplemental testosterone.

Sure, because one month is plenty of time to BUILD A DAMN FACTORY. They are either abject morons or they are trying to trigger a depression as part of some grand scheme to make everyone a serf.

Grifting the market every time

I'm getting whiplash.

hahahah oh my god what if, and hear me out on this one guys, what if the administration is, in fact, completely confused and has absolutely no idea what they're doing? that they're, and i recognize this might be a bit of a stretch, that they are ABSOLUTE FUCKING MORONS?? who can say, really

When you staff people based not on competence but on loyalty/sycophancy, this is what you get: an administration of incompetent sycophants

Imagine this trader putting the responsibility for this on Wiles. “Susie must control the boys, you see, and Howard is out of control. He’s ’off message.’” The only reason this chaos is happening? Donald John Trump, full stop.

No, insider trading

Complete fucking circus.

"These are not smart guys."

Yeah, but as @sykescharlie.bsky.social always says, a clown with a flamethrower, still has a flamethrower...

Trump literally doesn't even know what a tariff is, and has no idea what the actual impact of tariffs is. It's lunacy.

He only knows it scares people and works as a tool to bring people to him so he can abuse them or grift off of them, or both.

I really think you might be onto something

I can say: Yes, they are!!

🌲

Maybe tax some ???

If you made a TV show about a completely incompetent government in a failing banana republic, the Trump team is a caricature of that

But nobody would believe it because, well, it's just too unbelievable.

Trump is a Great Man, and Great Men do Great Things the naysayers can't understand. That large numbers of Americans didn't see that this is his character, and many others actually believe it more than he does, is why we deserve 100% of this.

The President is a snake oil salesman. He just does the pitch and lets the cards fall where they may. It's all "beautiful," as he continues to say, no matter what he's selling. He really doesn't care as long as he makes a profit.

i don't think it even needs to be "profit" in the financial gain sense as long as he Vibes that he is in charge, that he is getting what he wants and no one can step to him, he's happy and because his brain is a toxic swamp of incoherent goo, what that actually MEANS is going to change day by day

The actual hatred within the administration, the disregard for truth, the desire to just line their own pockets at the expense of all of the rest of us- all make it difficult to also ferret out their absolutely extreme incompetence.

Some folks have never figured out their boss is an idiot and it shows.

like this, but global trade policy

The exemptions to the paused additional tariffs which may or may not be purely a negotiating posture may or may not be temporary. Folks I think I’m out on this story.

I’ve really shown my ass here. What I mean is that the exemptions from the *exception* to the pause in tariffs beyond the universal non-Russian 10% base that may or may not not be a negotiating position may or may not be temporary. If you want predictable trade policy with the US, invade Ukraine.

You get a tariff! You get a tariff! You get a tariff!

I’m listening.

Let’s not equivocate confusion with gross incompetence

This administration doesn't know what it is doing with tariffs. Putin wants it that way. So here we are.

The bond markets are gonna love this

🤔🤣🤣🤣👍

Who's fault ????

Bingo.

Hanlon's Razor states that one should not attribute to malice what can be explained by incompetence. These people are maliciously incompetent.

But that still assumes he is trying to build a good economy and is just a moron, we need to seriously consider that he is trying to break everything... just like Vlad wants.

I think they know Navalny tried to fight Putin and Putin had him murdered. What Trump is doing has been done before… Putin and his rich buddies did it to Russia Trump’s goal is theft. To accomplish that, they want people to be afraid and to be distracted.

Trumps cronies should do their homework and find out how many of Putin's rich friends subsequently were exiled, imprisoned, or fell out a window.

They think they'll be fine because they don't drink tea.

Breaking News. Trump will revoke tariffs for any company that has a D or J or T in their stock ticker. He believes those companies are on the path to do what is best for him. I mean country.

No

It’s like they all were in a coma during the first Trump administration. It was the exact same mess of people trying to steer the government one way, and Trump undoing everything on a whim.

At least there we're some competent people for a time. Tillerson, Mnuchin, Bolton. All evil and corrupt, but they we're not morons.

this is such a good point.

I said this yesterday and should have realized it was apollo hitting me with the curse of prophecy again 😭 bsky.app/profile/pale...

SO ARE IPHONES NOT EXCEMPTED OR ARE THEY SUBJECT TO ONLY THE 20% FENTANYL TARIFSF AAWWERASDFASDFASER!# QWER

surely the concept of tariff buckets is straightforward enough. but not to be confused with a tariff *on* buckets…that currently stands at 37% unless they’re from a fentanyl country and then it’s 57% but if your bucket import CEO “donates” money to Trump, you move to the exempt-bucket bucket and th

All of this is making me dizzy 🥴

resulting in the below graph. Remember: as far as the US is concerned, it wants $1 to be worth €100, not €1 being worth $100.

it would. if you u-turn constantly, you are just making a circle. burnout donuts in a McDonalds parking lot at 1am.

20%

Hope he’s on the docks Monday morning because nobody has a clue how to collect these tariffs.

You're forgetting about the bucket exception to what counts as an exception. bsky.app/profile/did:...

iPhentanyl

So he changed his mind again.

Good luck trying to decide whether AAPL is a buy or a sell on Monday.

This is mad king shit

This is the result of a regime that’s been living in an alternate reality for years. In the real world implementing tariffs will destroy the economy and won’t bring iPhone factories to the US. But that doesn’t support the narrative, so they can’t stop saying the tariffs are in place and working.

when's the last time you saw a drug dealer fill out a customs declaration form fully?

he's saying it'll be a "different bucket" of tariffs like that's nbd but it seems like knowing exactly what will be taxed how much is actually very importaant

not to them

Maybe not immediately but I thought they still needed to buy things like food, or labor, or material inputs

Trump will never in his life have to worry about buying food, and his MO for acquiring labor has historically been "sign a contract and then don't pay because the workers can't afford to out lawyer me so they can't do anything about it". maybe some of his minions think about these things but not him

So... the onshoring will be teenagers overseeing some numbers of robots. How many teenagers does it take and how many families can each one support?

Has anyone seen any interviews with the people who actually implement tariffs? Are they changing things on the fly? What’s the normal process for them?

I take Lutnick of unnamed WH sources claiming that Trump is "trying to create a trade regime" lol

"what does that even mean" "no one knows what it means, but its provocative"

It gets the people going

total fucking clown show. it would be hilarious if it wasn't seriously fucking up real people's lives

I thought that all goes without saying and we’ve all come to that conclusion already. Ineptitude fueled by white supremacy and testosterone is a recipe for disaster. It’s why these hate groups are so easily infiltrated, bc they’re a bunch of dummies.

This isn’t shocking when trump only likes people who are either totally submissive to him or very similar to himself (but still submissive)

Excepting Daddy Vlad.

On purpose, in some ways. A lot of dumb noise to go along with the active project to destroy the republic politically, economically and socially. More “adjustments” and “transitions” on the road to serfdom, tbh.

I utter the phrase “fucking moron(s)” every single day with this administration. Every.Damn.Day.

As we learned from @levparnas.bsky.social, it's only about the messaging, not the actions

Duh

As I recall, Howard was the Treasury Secretary choice of the sadly unfunny South African whose father hates him Brilliant.

I AM SCARED!

Do they know what they are doing?

We all know that the markets and the American people (as proven by Covid) respond really really well to uncertainty and mixed messages

All because of this:

Consumers can't get angry about a price increase if they have no idea whether it is going to happen.

sadly, no stretch

It’s a total $hit $how!

I mean that’s been clear for a while now it’s just more apparent bc the effects are global not just domestic - these people are truly morons

We thought that Trump was appointing people who weren't qualified for the position they were given. Turns out they're not qualified for *anything*.

What if, and just stick with me here, global businesses would be better served if someone more rational was in charge.

Are you kidding me!? That could result in a WOMAN being president. Or even worse... A WOMAN OF COLOR. Much better to embrace neo-fascism instead, obviously

It would appear that they are too stupid to be completely authoritarian by trying to manipulate companies to “side” with them for weeding out dissenters of the admin. It would appear that are smart enough to make $ off the crash. But too stupid to understand the effects and how to negotiate.

They are.

I have no doubt they are all corrupt and crazy…

Lutnick is a billionaire thanks to electronic trading and crypto via his investment firm and obviously knows everything about trade and reshoring etc etc and I think it’s clear they *are* basically morons who get some idea in their head and can’t let go. Like a dog looking for his ball. All of them.

Is uncertainty and instability a good or bad environment for market forces

it makes corporate planning so easy

And fun! Our supply chain manager is just out of frame, laughing too

Being uncertain whether tariffs will remain makes it easy for the board to sign off a multi-year multi-billion factory relocation project right?

How much am I going to mark up my pipes? How much are my vendors going to mark up their ducts, pumps, fans, building automation computers? Who knows!

Trump is a Marxist trying to make capitalism collapse

In a sense it does and it involves planning to move to more stable markets ....

yes, but US consumers are too rich and numerous for big companies to ignore. They need to know what the US import regime is going to be.

Don't worry the Trumpist government is working on changing that too

The way these idiots are behaving they're going to make investing within the US too big a risk.

Luv 2 make capex decisions when the inflation rate in 18 months could be anything from 30% to -5%

Have you considered consulting other predictive models. Maybe something chaos based itself?

And your supply chain may or may not even exist because of schrodinger's tariffs.

depends — do you get off more from extreme fear or extreme greed?

GT10:GOV 10 Year - 10% 😂

Moron is the correct term. One of convicted felon Trump’s Secretary of States used that exact term.

So Trump is a wordsmith: my new Iphone is not off the hook. Nor is the fucking stock market under this idiotic regime. Morons.

Making things work well takes a lot more brains than breaking things does.

The ARE absolute idiots.

What if they do and are just keeping people from thinking about what they are doing with other countries they have their hands in

Do the this with resgoring is... companies like Apple don't just sell in the US. Are they going to make phones in the US that can compete in global markets - despite any counter-tariffs?

Nobody is reshoring

For an iPhone, are they really being imported by other companies or just by Apple? In either case, I imagine it allows them to bring in as much stock as they can during the reprieve to have a buffer against future re-implementations. Just an observation. I don't condone any of this clown show.

None of them know what the hell they're doing - they talk just to hear themselves talk

...but what if he changes his mind over and over and over and...FART OF THE DEAL!!!👍👍👍

Trump didn't reverse course because of strategy... He reversed course because some of his mega donors, like Tim Cook and Sundar Pichai, that got pissed over tariffs on their phones and technic, called him and demanded a fix, or their donations back. They're also built in India!

Apple CEO 🍎 probably hurt the shitheads ego by not complimenting him hard enough

You can’t fucking reshore a factory making iPhones or semiconductors in a month. These “experts” are fucking morons.

They are gonna need a whole pharma factory dedicated to like three guys.

Spinning a roulette wheel and setting tariff rates to whatever number comes up, then flipping a coin from every country to decide if it applies to them, and finally, rolling a six sided die to determine how many days before coming back for another round. This is how he bankrupts a casino

Another stable genius!!!

Trump is 100% out of the decision making loop and it’s all just principals coming up with some consensus* and a script for him to not read. *except when someone disagrees with the consensus they just go on TV and say something else

Well that’s when Tim Cook’s next month’s invoice will arrive. He’s paying protection money I’m sure.

Someone relayed this news in the comments section of this article about AI and data centers being slowed down by the tariffs lol wapo.st/4j55cin

wtf I love tariffs now

It has to still be stock market manipulation. How many people bought apple stock right before he announced the tariffs still exist?

Reshoring will NEVER occur (at least where jobs are concerned). The tariffs are a REGRESSIVE tax designed to offset planned largesse to plutocrats.

Trump's last term he made promises of new manufacturing and giving money to manufacturers to stay in the USA. All those fake ceremonies. Nothing was built and the manufactures took the money and their business moved to Mexico anyways. Trump gets our money stolen EVERY TIME all so he gets photo ops.

Stupid stupid stupid. US doesn't have the material to. China restricted gallium, germanium, & antimony last year. Last week they quietly dropped the hammer on these MAGA fucks. It will hit us all. www.nytimes.com/2025/04/13/b...

Clap on Clap off Clap on Clap off

That gives Apple plenty of time to move assembly to America.

The good news is that whenever Lutnick says something, Trump pulls the rug on him within 48 hours.

And then Lutnick pulls the rug back 24 hrs later

Someone in Trump's orbit missed the first opportunity to buy stocks at a discount.

You put your tariff on You take your tariff off You put your tariff on and you make 'em scream and shout You do the market hustle and you turn it upside down That's what it's all about

I preferred when they kept saying they would have a new healthcare proposal in a few weeks, and never did.

They are literally making it up on the fly. Unbelievable.

Literally turning the big Tariffs dial and looking to the audience lol

...and seeing their grimaces grow no matter where the dial is set.

i just assume everything has a tariff of 10% and that things will have a tariff higher than that some time this year

Except China is at 20% for some things, 145% for some, some unavailable (China is embargoing them); cars are 25%; etc. etc. And it could all change by 10 am tomorrow. For consumers, "yeah, prices are all going up" is adequate. But for businesses, this is insane and impossible.

Yes, I agree. I left a direct to consumer company in the food industry last year (way before the election) and now I'm thinking I made the right choice

Lutnik thinks he sounds smart. He just loves the sound of his own voice. Honestly he’s dumb and evil at the same time. He can screw off with his tiny screw phones he bullshits about.

Impeachment. That's what has to happen.

He must be horrifically ashamed of himself or a complete fool.

They can’t help themselves

Is this part of the “strategic” plan??? Yes , no, maybe???

47 decided he didn't get enough $$$ in the first go-round.

Who do the these yahoos think will be working in the supposed imminent iPhone factories?

Pretty obvious that different Cabinet members have totally different opinions and wishes, and instead of hashing it out and agreeing, or the POTUS deciding, we get whiplash seesaw back-and-forth policy-making. And yeah, it's going to throw the whole US economy into paralysis.

One thing you can count on the Trump Administration is that it speaks with many voices, several bad minds, and a whole lot of chaos. Morons say Trump is playing 4D chess while he is actually playing 1D tic-tac-toe.