cross-posted from: https://lemmy.world/post/28194139

Donald Trump and White House officials walked back a Friday announcement that there would be tariff exemptions on imported electronics.

In a Truth Social post on Sunday, Trump directly denied the tariff exemption announcement.

“This is really mind-boggling. If this was serious industrial policy, the main thing you want is certainty: ‘Here’s the tariff, it will be in place for the indefinite future, and you should plan accordingly,’” Dean Baker, an economist at the Center for Economic and Policy Research, a left-leaning think tank, said, according to The Washington Post. “Here, it’s basically: ‘Come back next week and see what we’ve got.’ That’s no way to run an economy.”

  • Rentlar@lemmy.ca
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    2 days ago

    At this rate, by next week Howard Lutnick will be reading Reddit’s Wallstreetbets sub for advice on how to run the economy. The utter stupidity and incompetence are off the charts this month.

    • carrion0409@lemm.ee
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      2 days ago

      There’s been rumblings of an impeachment attempt possibly happening because of these tariffs but I don’t trust the rumors. If Trump actually manages to get impeached over this or something else then I will eat my shoes. Feel free to screen shot to hold me accountable.

      • catloaf@lemm.ee
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        2 days ago

        He’s already been impeached twice. A conviction from this Senate will never happen. They’d need every Democrat, the two independents, and would need to get 20 Republican senators to vote to convict. One or two I can see happening, but 20? Never.

        • carrion0409@lemm.ee
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          2 days ago

          That’s why I said I’ll eat my shoes if it happens. Because I don’t think it’s gonna happen.

        • jacksilver@lemmy.world
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          1 day ago

          Right now to get impeached would require the Republicans in the house to turn on him, so if he gets impeached I would bet the senate would be more than happy to convict.

          However, the house is where he has the most support right now, so I don’t see that happening.

        • barneypiccolo@lemm.ee
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          1 day ago

          It could happen, but the country would have to decline so far, that even Republican voters are screaming at their elected officials for action, or else. When they start feeling that their reelections are in danger, they’ll turn on him hard.

      • trogon@lemmy.world
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        2 days ago

        The GOP will never vote to impeach him. They’re cowards who are terrified of MAGAts.

        • carrion0409@lemm.ee
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          2 days ago

          Yeah that’s why I dont trust it. Our realistic best bet at getting rid of him would be when he collapses the economy and chaos erupts. Hopefully whoever our FDR 2 ends up being (if we get one ) could rally the troops and we could have a disturbed land of confusion moment lol. That song and video has been in my head alot lately.