More discussion: <a href="https://news.ycombinator.com/item?id=43634806">https://news.ycombinator.com/item?id=43634806</a>
Again, this is Navarro's doing. All other tariffs are negotiable (behind close doors and hand-kissing Trump), except China's.
Tariffing only China doesn’t work because people bypass the tariffs through an intermediary country otherwise. At least that's what he thinks.
If the U.S. suspends tariffs on other countries, China can engage in re-export trade, which would effectively equate to suspending tariffs on China. It's only a matter of time before this loophole is exposed.Trump has backed down.
The uncertainty is the real problem. Not the tariffs. Tariffs this week. None next week.<p>Not to mention the cronyism - we all can’t fly to Mar A Lago to get exceptions for our businesses in exchange for favors.
What a shame. And I was just about to start building my cutting edge 0.5 nm chip factory in Omaha tomorrow. I guess I can wait another 90 days ...<p>/s