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Sources: Trump Administrative is moving toward a possible delisting of Chinese public co shares on US exchanges. Sources: Incoming SEC chair Paul Atkins likely to take up delisting issue when he officially takes office. Sources: Delisting possibility comes amid trade war with…

— Charles Gasparino (@CGasparino) April 10, 2025

TARIFFS: Meloni is set to defy Brussels next week, heading to the US to negotiate a trade deal on Italy’s terms, not the EU’s. pic.twitter.com/BjXIengvku

— @amuse (@amuse) April 10, 2025

I have been wondering if there would be some cracks opening up in the EU.

Gov Gretchen Whitner Agrees With Trump On Fair Trade

"I understand the motivation behind the tariffs. Here's where president Trump and I do agree, we do need to make more stuff in America. More cars and chips. More steel and ships. We do need fair trade."https://t.co/WdvGUgAOZd pic.twitter.com/I8P0N09wrH

— Mr Producer (@RichSementa) April 10, 2025

❗️China raises tariffs on U.S. goods from 84% to 125%

'Given that there is no possibility of market acceptance for U.S. goods exported to China under the current tariff levels, China will ignore any subsequent tariff increases by the U.S. on Chinese goods exported to the U.S.' pic.twitter.com/LDnKq37E9u

— Yan Qin (@YanQinyq) April 11, 2025

I fully expect Trump to go well over 200%, today or Monday. Trade with China is going to drop off a cliff at this point.

TEMU is running a clearance. Their business model has to be in turmoil. That's all they sell is cheap Chinese garbage. Wouldn't mind see them and others like them shut down.

The trade war is interesting, but a LOT of regular people are in the middle.

Any minute now it becomes Fed vs PBOC.

That's when the gloves really come off

— zerohedge (@zerohedge) April 11, 2025

INDIA TRADE OFFICIAL: INDIA-U.S. HAVE FINALIZED TERMS OF REFERENCE FOR TALKS OVER FIRST SEGMENT OF BILATERAL TRADE DEAL || INDIA TRADE OFFICIAL: SEE POSSIBILITY OF A “WIN-WIN SHAPE AND FORM” TO U.S. DEAL IN NEXT 90 DAYS

INDIA TRADE OFFICIAL: U.S. VICE PRESIDENT JD VANCE EXPECTED…

— First Squawk (@FirstSquawk) April 11, 2025

Probably worth noting that the #1, #2 or #3 top officials in this administration have been to or been visited by all of the major trading partners within the first month of Jan 20.

No coincidences here.

BREAKING: The US publishes reciprocal tariff exclusions for computers, smartphones, and chip-making equipment.

Just like that, big tech is back.

— The Kobeissi Letter (@KobeissiLetter) April 12, 2025

At first blush, seems like BS

Anyone explain why this is this a good thing?

Im Gipper said:

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At first blush, seems like BS

Anyone explain why this is this a good thing?

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Cronyism in the guise of "protecting consumers". Look who was next to trump at the inauguration. Drain the swamp indeed.

Chips are largely Taiwan and Korea

Devices are mostly China followed by Vietnam and a few others

China would still have the IEEPA tariffs from February and March putting them 20% over their global competition

JohnClark929 said:

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Just in case you can't see the obvious. He is bluffing and everyone knows he is bluffing.

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After his capitulation Wednesday and today's exclusion list with no deals for American workers, looks like all of this was a nothing burger that only caused USD to fall and interest rates to rise. More capitulation will take place. World's worst poker player.

BusterAg said:

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StandUpforAmerica said:

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Gov Gretchen Whitner Agrees With Trump On Fair Trade

"I understand the motivation behind the tariffs. Here's where president Trump and I do agree, we do need to make more stuff in America. More cars and chips. More steel and ships. We do need fair trade."https://t.co/WdvGUgAOZd pic.twitter.com/I8P0N09wrH

— Mr Producer (@RichSementa) April 10, 2025

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This is a huge crack in the Dem party.

If more Dems start to agree on looking after the myogenic, paternalist, transphobic American working class, it will leave the party in a bit of disarray for a while.

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Yep, this really is a big deal because Gretchen is about as middle as they come outside of Fetterman, of course. I've been saying for a while that the Democratic party needs to be destroyed so it can shed itself from the radical left, and if Gretchen can help make that happen, more power to her.

Really? After her Covid actions, she is the LAST person to whom I'd say "more power to her".

Please stop pushing the lie that Fetterman is in the middle.

Im Gipper said:

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Please stop pushing the lie that Fetterman is in the middle.

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Relative to other libs on the left. Or do you know of others in his position who are more towards the middle?

An L of an Ag said:

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Really? After her Covid actions, she is the LAST person to whom I'd say "more power to her".

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If she's turned the corner and coming to her senses, then why not support her supporting Trump? It doesn't mean she's gone maga, only that she's supporting something that should be.

As for her actions with Covid: If we're going to hold actions regarding Covid against politicians, Abbott and Trump wouldn't have been re-elected.

No Spin Ag said:

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Im Gipper said:

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Please stop pushing the lie that Fetterman is in the middle.

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Relative to other libs on the left. Or do you know of others in his position who are more towards the middle?

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Average Dem Heritage score: 11
Fetterman Heritage score: 7

He's LEFT of the average Senate Dem!

https://heritageaction.com/scorecard/members/F000479

Im Gipper said:

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No Spin Ag said:

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Im Gipper said:

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Please stop pushing the lie that Fetterman is in the middle.

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Relative to other libs on the left. Or do you know of others in his position who are more towards the middle?

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Average Dem Heritage score: 11
Fetterman Heritage score: 7

He's LEFT of the average Senate Dem!

https://heritageaction.com/scorecard/members/F000479

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Damn! I stand corrected. Thanks for the link.

will25u said:

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BREAKING: The US publishes reciprocal tariff exclusions for computers, smartphones, and chip-making equipment.

Just like that, big tech is back.

— The Kobeissi Letter (@KobeissiLetter) April 12, 2025

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iPhone going from $1,100 each to $2,475 each could cost the GOP the mid-terms.

This is Trump being pragmatic.

Next step is to encourage any other country to start manufacturing smartphones, and encouraging Apple / Samsung not to buy from China, and to bring as much of that manufacturing as feasible to the US.

Quote:

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Next step is to encourage any other country to start manufacturing smartphones, and encouraging Apple / Samsung not to buy from China, and to bring as much of that manufacturing as feasible to the US.

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Any new manufacturing facilities would more likely be highly automated with robots. So that would have a ripple effect in that industry as well.

A little insight into the paper tiger(?) that is China.

Thread

3) ME: "How can they build these big engineering marvels like bridges & dams, etc?"

4) HIM: "First, they have no property rights, so if they want to build something they clear out entire villages of 50,000 people without a thought. Second, the stuff is of very low quality."

— Larry Schweikart (@LarrySchwe94560) April 12, 2025

Quote:

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4) HIM: "First, they have no property rights, so if they want to build something they clear out entire villages of 50,000 people without a thought. Second, the stuff is of very low quality."

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Okay, here's a question:

If private property rights don't exist there, how are American companies building facilities there? Long term lease from the government?

Yes. If I remember correctly, you lease the land the building sits on.

So I guess eventually China will own it. Or they just take it if they want.

aggiehawg said:

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Quote:

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Next step is to encourage any other country to start manufacturing smartphones, and encouraging Apple / Samsung not to buy from China, and to bring as much of that manufacturing as feasible to the US.

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Any new manufacturing facilities would more likely be highly automated with robots. So that would have a ripple effect in that industry as well.

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I think that any final assembly would likely be by hand in Vietnam or something. But, a lot of the component manufacturing could be done, highly automated, in the USA.

Thanks Buster! Makes sense

(For those that don't post a lot, Buster has been very critical of these tariffs. So his explanation is one to be trusted in that he's not just pushing the company line)

Quote:

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I think that any final assembly would likely be by hand in Vietnam or something. But, a lot of the component manufacturing could be done, highly automated, in the USA.

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Really? By hand? In some kind of clean room?

Another China thread.

2/ Here's the shocking truth: China's entire economic miracle was built on ONE thing - being America's cheap manufacturing hub.

But they forgot something CRUCIAL... pic.twitter.com/aD0Z5HOeRP

— Rod D. Martin (@RodDMartin) April 12, 2025

4/ 🔥 MASSIVE MISCALCULATION: Beijing thought the American leaders they made rich would protect them forever. They believed these corporate puppet masters would never let the US stand up to China.

WRONG. Along came Donald Trump, who owes them nothing. pic.twitter.com/5VZzZ3kFV8

— Rod D. Martin (@RodDMartin) April 12, 2025

BusterAg said:

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will25u said:

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BREAKING: The US publishes reciprocal tariff exclusions for computers, smartphones, and chip-making equipment.

Just like that, big tech is back.

— The Kobeissi Letter (@KobeissiLetter) April 12, 2025

---

iPhone going from $1,100 each to $2,475 each could cost the GOP the mid-terms.

This is Trump being pragmatic.

Next step is to encourage any other country to start manufacturing smartphones, and encouraging Apple / Samsung not to buy from China, and to bring as much of that manufacturing as feasible to the US.

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Most iPhones are made in China, however, for some time(re: too late in my mind)iPhones have been made in India.
Apple's Contract Manufacturers and Component Suppliers in India
quote from the article

• Apple set a new record by exporting iPhones worth INR 1.08 trillion (US$12.8 billion) from India in 2024, marking a 42 percent year-on-year growth, according to media reports…,,,

This should allow a more rapid movement away from China and manufacturing latest lPhone versions as well.

I was heavily invested in APPL for years, I sold when nearing retirement primarily due the Trump and Rocket man comments but also because Tim Cook put all production in China. He was picked by Steve Jobs to be his replacement because Cook was a "supply chain guru" which was, in my mind the worst decision Jobs ever made.
The Chinese stole Apple's intellectual property at will and no company should ever put all their production into one supplier, especially China.

will25u said:

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Yes. If I remember correctly, you lease the land the building sits on.

So I guess eventually China will own it. Or they just take it if they want.

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China does this regularly even with companies.

To have a company in China, a certain number of your execs have to be Chinese

Then after 4-8 years, after their execs have had enough time to learn the business, the government then confiscates the business and turns it over to the execs you trained and take everything you built.

Alot of entrepreneurs and companies that went into China to expand their market had this happen. It is very common practice


They let you build it up for them and then they take it. Its no surprise they do this with land and buildings.

This. Didn't it cost Apple some $400 to $600 million just to do business in China?

JohnClark929 said:

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JohnClark929 said:

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Just in case you can't see the obvious. He is bluffing and everyone knows he is bluffing.

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After his capitulation Wednesday and today's exclusion list with no deals for American workers, looks like all of this was a nothing burger that only caused USD to fall and interest rates to rise. More capitulation will take place. World's worst poker player.

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bookmarked

aggiehawg said:

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Quote:

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I think that any final assembly would likely be by hand in Vietnam or something. But, a lot of the component manufacturing could be done, highly automated, in the USA.

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Really? By hand? In some kind of clean room?

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Well, it looks like it is all automated with human assistance now, as opposed to hand assembled with some automation assistance. Turns out a lot of this is automated in stages, with human interaction between stages. iPhone is primarily assembled in China, it looks like Samsung is mostly in Vietnam.

Getting Foxconn to abandon its manufacturing facilities in China would be really, really expensive. I'm starting to think that Apple would be the biggest loser in a trade war with China without the waiver granted by Trump yesterday.

Some amount of mea culpa here. Things have changed a lot since 2018 when I last looked at this closely. The amount of automation since then is actually quite impressive.

China can still go F themselves with a giant bag a fake British spotted desserts.

If full assembly of iPhones could be brought to the US, would be a huge win for everyone. I would actually have an ounce of post-Jobs Apple for the first time.