Mia Wong
๐ค SpeakerAppearances Over Time
Podcast Appearances
So even before the exemptions for the semiconductor stuff had been released, Trump had been talking about imposing a bunch of tariffs specifically on semiconductors. from all countries, which is going to like, again, if this is just also if you want to just kneecap your entire economy, you put in a tariff on all semiconductors from other countries, which is what this is looking like.
So even before the exemptions for the semiconductor stuff had been released, Trump had been talking about imposing a bunch of tariffs specifically on semiconductors. from all countries, which is going to like, again, if this is just also if you want to just kneecap your entire economy, you put in a tariff on all semiconductors from other countries, which is what this is looking like.
So even before the exemptions for the semiconductor stuff had been released, Trump had been talking about imposing a bunch of tariffs specifically on semiconductors. from all countries, which is going to like, again, if this is just also if you want to just kneecap your entire economy, you put in a tariff on all semiconductors from other countries, which is what this is looking like.
It's possible the levels are going to be that high anyways. It's again worth pointing out that like there's a bunch of the parts of this production process that basically can only be done in Taiwan. which will presumably have these new tariffs on them. We don't know what they're going to be yet. They're coming in. Who fucking knows?
It's possible the levels are going to be that high anyways. It's again worth pointing out that like there's a bunch of the parts of this production process that basically can only be done in Taiwan. which will presumably have these new tariffs on them. We don't know what they're going to be yet. They're coming in. Who fucking knows?
It's possible the levels are going to be that high anyways. It's again worth pointing out that like there's a bunch of the parts of this production process that basically can only be done in Taiwan. which will presumably have these new tariffs on them. We don't know what they're going to be yet. They're coming in. Who fucking knows?
But so it seems like these tariffs are being withdrawn for now due to market sort of backlash. But probably they will come back. At some point in the future, we're not 100% sure. There's also another thing I want to mention where, so the number that you said, the 250% tariff thing. So Trump tweeted that out, but that's fake. What that is, is that there are a couple of items.
But so it seems like these tariffs are being withdrawn for now due to market sort of backlash. But probably they will come back. At some point in the future, we're not 100% sure. There's also another thing I want to mention where, so the number that you said, the 250% tariff thing. So Trump tweeted that out, but that's fake. What that is, is that there are a couple of items.
But so it seems like these tariffs are being withdrawn for now due to market sort of backlash. But probably they will come back. At some point in the future, we're not 100% sure. There's also another thing I want to mention where, so the number that you said, the 250% tariff thing. So Trump tweeted that out, but that's fake. What that is, is that there are a couple of items.
And I mean, when I say a couple, I mean like we're talking like single digit items. Like things like medical syringes that already had like 100% tariffs on them. The 145% tariff stack on top of all tariffs that were already in effect. So there's like three or four items already had 100% tariffs on them. So when you stack the 145 on top of them, they're 250%.
And I mean, when I say a couple, I mean like we're talking like single digit items. Like things like medical syringes that already had like 100% tariffs on them. The 145% tariff stack on top of all tariffs that were already in effect. So there's like three or four items already had 100% tariffs on them. So when you stack the 145 on top of them, they're 250%.
And I mean, when I say a couple, I mean like we're talking like single digit items. Like things like medical syringes that already had like 100% tariffs on them. The 145% tariff stack on top of all tariffs that were already in effect. So there's like three or four items already had 100% tariffs on them. So when you stack the 145 on top of them, they're 250%.
But again, it's like three things, right? So that's fake. On the other hand, substantively, and this is something that a lot of people have been talking about, the difference between 145% and 245%, isn't that relevant? Because at 145%, you stop doing trading? Yeah. So it's, you know, the numbers at this point are just sort of in comedy levels.
But again, it's like three things, right? So that's fake. On the other hand, substantively, and this is something that a lot of people have been talking about, the difference between 145% and 245%, isn't that relevant? Because at 145%, you stop doing trading? Yeah. So it's, you know, the numbers at this point are just sort of in comedy levels.
But again, it's like three things, right? So that's fake. On the other hand, substantively, and this is something that a lot of people have been talking about, the difference between 145% and 245%, isn't that relevant? Because at 145%, you stop doing trading? Yeah. So it's, you know, the numbers at this point are just sort of in comedy levels.
But yeah, so that's what's going on with the 250 number people have been going around from. It's not real. It's still 145 for all non-electronics goods, 24 electronics. There's also been a bunch of... China's been doing retaliatory stuff for a little bit, and they've been ramping up this program to restrict... U.S.
But yeah, so that's what's going on with the 250 number people have been going around from. It's not real. It's still 145 for all non-electronics goods, 24 electronics. There's also been a bunch of... China's been doing retaliatory stuff for a little bit, and they've been ramping up this program to restrict... U.S.
But yeah, so that's what's going on with the 250 number people have been going around from. It's not real. It's still 145 for all non-electronics goods, 24 electronics. There's also been a bunch of... China's been doing retaliatory stuff for a little bit, and they've been ramping up this program to restrict... U.S.
access to rare earth elements that are necessary for a whole bunch of advanced engineering, particularly sort of defense projects. This is something that could genuinely devastate the American defense sector. Trump's plan for this is that he's threatening to use the Trade Expansion Act of 1962 to impose even more devastating tariffs. Now, It is genuinely unclear to me.
access to rare earth elements that are necessary for a whole bunch of advanced engineering, particularly sort of defense projects. This is something that could genuinely devastate the American defense sector. Trump's plan for this is that he's threatening to use the Trade Expansion Act of 1962 to impose even more devastating tariffs. Now, It is genuinely unclear to me.