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
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    2 months 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.

      • catloaf@lemm.eeBanned
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        2 months 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.

        • jacksilver@lemmy.world
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          2 months 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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          2 months 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 months ago

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

      • Rentlar
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        2 months ago

        Maybe a bit. Mostly scanning for those react emojis though.