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Trump Moves to Put New Tariffs on Computer Chips and Drugs
Citing a national security statute, the administration has begun a process to investigate the impact of imported semiconductors and pharmaceuticals.

The Trump administration took steps on Monday that appear likely to result in new tariffs on semiconductors and pharmaceutical products, adding to the levies President Trump has put on imports globally.

Federal notices put online Monday afternoon said the administration had initiated national security investigations into imports of chips and pharmaceuticals. Mr. Trump has suggested that those investigations could result in tariffs.

The investigations will also cover the machinery used to make semiconductors, products that contain chips and pharmaceutical ingredients.

In a statement confirming the move, Kush Desai, a White House spokesman, said the president “has long been clear about the importance of reshoring manufacturing that is critical to our country’s national and economic security.”

Some drugs are produced at least in part in the United States, though China, Ireland and India are significant sources of some types of pharmaceuticals.

https://www.nytimes.com/2025/04/14/business/economy/trump-semiconductor-tariffs-china.html
 
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crandc said:
Ego? Grudges? Bully? These are news? They are what Trump ran on. Running government into the ground? He did that with all his businesses. Why is this person surprised?
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Because that person is stupid. They thought owning the libs was more important.
 
MickZagger said:
Because that person is stupid. They thought owning the libs was more important.
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And I humbly say that the dems were stupid for not following Obamas lead for a mini convention. We put that asshole in office for the second time because we had the wrong candidate. If you dont know where you are going You Will end up somewhere else. The democratic party committee needs better leadership. Or we will lose again in 28.
Lets take personal inventory....
 
China orders airlines to suspend Boeing jet deliveries amid trade war: Report

BEIJING: China has ordered its airlines not to take any further deliveries of Boeing jets in response to the US decision to impose 145 per cent tariffs on Chinese goods, Bloomberg News reported on Tuesday (Apr 15), citing people familiar with the matter.

Shares of Boeing - which looks at China as one of its biggest growth markets and where rival Airbus holds a dominant position - were down 2 per cent in early trading.

The global aerospace industry is in the middle of a full-blown tariff war, with planemakers, airlines and suppliers reviewing contracts worth billions of dollars, after US supplier Howmet Aerospace ignited an debate over who should bear the cost of the tariffs.

China's top three airlines - Air China, China Eastern Airlines and China Southern Airlines - had planned to take delivery of 45, 53 and 81 Boeing planes, respectively, between 2025 and 2027.

Beijing has also asked that Chinese carriers halt purchases of aircraft-related equipment and parts from US companies, the Bloomberg report said.

https://www.channelnewsasia.com/business/china-tells-airlines-suspend-boeing-jet-deliveries-5066761
 
Hoopguru said:
And I humbly say that the dems were stupid for not following Obamas lead for a mini convention. We put that asshole in office for the second time because we had the wrong candidate. If you dont know where you are going You Will end up somewhere else. The democratic party committee needs better leadership. Or we will lose again in 28.
Lets take personal inventory....
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oh I agree
 
Nvidia expects $5.5bn hit as US tightens chip export rules to China

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Jensen Huang, chief executive of Nvidia

Microchip maker Nvidia said it would be hit with $5.5bn (£4.2bn) in costs after the US government tightened export rules to China.

The chip manufacturing giant, which has been at the heart of the artificial intelligence (AI) boom, will require licences to export its H20 AI chip to China, which has been one of its most popular.

The rules come amid an escalating trade war between the US and China, with both countries introducing steep trade tariffs on each other covering various goods.

Nvidia shares plunged almost 6% in after-hours trading.

Read More
 
China Now Faces 245% Trump Tariff

The White House said China is now facing up to a 245 percent tariff on imports to the U.S. "as a result of its retaliatory actions," another escalation in a trade war between the world's two largest economies.

The top potential tariff is higher than the previously stated 145 percent and was referenced in a fact sheet published by the White House late on Tuesday.

It accompanied an executive order signed by President Donald Trump that launched an investigation into the "national security risks posed by U.S. reliance on imported processed critical minerals and their derivative products."

https://www.newsweek.com/china-245-trump-tariff-2060295
 
crandc said:
Who do you believe, Trump or your lying eyes? All your grocery receipts, gas station receipts, auto repairs, fake news!
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Gas has gone through the roof. For years you’d talk to any Trumper and they’d tell you it was Biden’s fault. They’re higher than I ever remember under Biden. Almost $4 a gallon at my local Costco.

Don’t get me started on groceries. We have a family of 6. That bill is crazy for us weekly.

MAGA fans and cult members will never admit to it. It’s all about owning the libs.
 
Economists are pointing out next president won't be able to just restore trade. World moves on. Countries develop new supply chains, new trade agreements. They have learned the word of the United States can't be trusted.

And that doesn't take into account destruction of public health system, social security, IRS, public education, scientific research, food safety. They can't just be restarted. People find other work.

It will take decades to repair Trump's temper tantrum.
 
crandc said:
Who do you believe, Trump or your lying eyes? All your grocery receipts, gas station receipts, auto repairs, fake news!
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I don't know how much we are taking in from tariffs, but I sure don't see prices going down. I see them going up. Spending more at the grocery store and gas pump for sure.
 
Isn’t record numbers for tariffs just bragging the government is taking in record number of American consumer and businesses money?

Like what a weird brag. Hey not only are you paying federal income taxes but now you have a consumption tax on top of it - yay!!
 
On a hunch, I moved out of my position in US Bonds and into International Stocks. Just a feeling that China holds the better hand in this trade negotiation, and that selling off their US Bonds will be one of the cards they threaten to play.
 
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