Like on a seesaw. This is exactly how one could describe, with a bit of exaggeration, the policy of US President Donald Trump regarding the tariffs he has imposed on many countries in the world, or rather on the import of products from them to the US. He has changed the level of the tariffs several times recently, as well as the countries to which they will apply. Because of this, the shares of many companies have fallen significantly, because their shareholders simply did not know what would happen in the foreseeable future. And it must be admitted that Trump's further steps do not add to the clarification of the whole situation at all.
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For example, over the weekend, Trump's ad announcedminiloss that exempts mobile phones, computers and many other electronics from import duties from China, which are currently set at 125%. Such high duties would logically sooner or later be reflected in the final price of the products, which caused great concern among people in the USA. After all, sellers in Apple Storewho unanimously reported that there is interest in Apple products unusually large for this period, with interested parties buying Apple products largely due to fear of imminent price increases. However, this at first glance prevented the granting of an exemption. However, just a few dozen hours after the exemption was granted, Trump's administrativa came out with the idea that the current exemption from tariffs for electronics, led by iPhones, iPads and Macs, is actually only a temporary matter that will last a month or two. After that, tariffs on electronics should hit again.
At this point, the big question is what the future holds, and whether it is even possible to predict what Trump's next steps will be. There have been more changes to US customs policy in recent weeks than in the past few years, and since these changes are virtually unreadable in advance, it is extremely difficult for technology companies and their shareholders to plan their future steps. And how do you think the future of customs in the US will develop?
What is certain for now is that a few of his friends were really upset about his exemplary "insider job" regarding market manipulation. And don't say I'm making it up, because the moron even announced it publicly in DC 🤦♂️😅
Yes, the whole world is laughing, but a few people around me got really upset. I retract what I retracted, I promise what I promised.
Why only a few people? It was enough, as I did when he announced that he was postponing duties, to put as much money as possible into US100 and sell it in about 4 hours :)