Commerce Secretary Howard Lutnick said Sunday that the administration’s decision Friday night to exempt a range of electronic devices from tariffs implemented earlier this month was only a temporary reprieve, with the secretary announcing that those items would be subject to “semiconductor tariffs” that will likely come in “a month or two.”
“All those products are going to come under semiconductors, and they’re going to have a special focus type of tariff to make sure that those products get reshored. We need to have semiconductors, we need to have chips, and we need to have flat panels – we need to have these things made in America. We can’t be reliant on Southeast Asia for all of the things that operate for us,” Lutnick told “This Week” co-anchor Jonathan Karl.
One of my sons is an accelerationist, and his argument has been that Trump is a piece of shit, but in the course of exploiting it for his own gain, he has ripped the mask off a lot of evil that’s already in the system. So now we know that we’ll have to undo all of Trump’s damage, but also that we can’t just return to status quo ante.
My view is that this is a problem statement, not a proposed solution. And it is clear that, consistent with the law of entropy, the clean-up process always takes more energy than making the mess did.
Agreed. With the added bonus that we have too live in the system while we burn it down. I’m not a huge fan of the idea, but then, I’m a maintainer by nature.