Trump's Huge Tariff Exemption Grift

Donald Trump’s Corrupt Tariff Quid Pro Quo

Donald Trump is granting tariff exemption deals to wealthy donors and politically connected businesses, echoing the corrupt tactics of his first term. But this time, he’s fired the government watchdog that raised the alarm about them.

Trump's Huge Tariff Exemption Grift

There’s an old saw: If you lay every economist end to end, they still won’t reach a conclusion. Not true. Every economist except for ex-con Peter Navarro, who was recently exposed as having invented an imaginary expert to bolster his research, concluded that President Trump’s now-paused tariff policy was not just wrong but idiotic. Trump’s embarrassing retreat last week from both global tariffs and about a quarter of the tariffs on Chinese goods…

Trump Walks Back Smartphone Tariff Exemption

In a fresh twist in the ongoing US-China trade war, President Donald Trump has reversed an earlier exemption on smartphones and other electronics. Days after US authorities announced that devices like smartphones and laptops would escape new import duties, Trump declared that they were not exempt but rather reassigned to a different tariff category. This unexpected pivot deepens uncertainty for tech companies and global markets. Smartphones Now …

Trump considers new smartphone tariffs just days after granting exemptions

In a positive step for US-China trade relations, the Trump administration announced Friday. They did something most people probably didn’t expect — they announced an exemption for certain technological goods from tariffs placed on Chinese imports. Comments from Beijing officials have been varied in their response to this decision. They are calling it an encouraging sign—a sign of a tiny concession in the escalation of ever-worsening trade tensio…