Happy Liberation Day? And Trump’s Great Speech on Tariffs

[LevelUP]

Trump says he will pause tariff hikes for 90 days, but not for China

https://www.npr.org/2025/04/09/nx-s1-535...ffs-paused

China slaps 84% retaliatory tariffs on U.S. goods in response to Trump

https://www.cnbc.com/2025/04/09/china-sl...trump.html

Funny comment I saw on Yahoo Finance on how to deal with Trump on tariffs

Taking the wrong approach.  Everyone needs to tell Trump the tariffs were a "beautiful" decision, best "in the history of the country" and that they have already worked.

Then convince Trump that removing them shows the world how powerful he is when the markets rebound.

Telling him the truth about how horrible his policy is will only result in him digging in his heels and throwing another online tantrum, like 2 year olds do.

The Nasdaq is up 12.5% today. Long live the king, Trump.

[LevelUP]

We're not in Kansas anymore.  Trump tariffs are now at 145%.

Apple airlifts 600 tons of iPhones from India 'to beat' Trump tariffs

https://www.reuters.com/technology/apple...025-04-10/

Besides Apple, these large companies are the most exposed to the China trade war.

Tesla: Relies on Chinese components (batteries, electronics) for U.S.-made vehicles, adding ~$7,000 per car in costs. U.S.-made Model S and X face China’s tariffs, halting new orders there.

Dell Technologies: 40% of its products are manufactured in China, risking margin pressure on laptops and servers.

HP Inc.: 30% of its PCs and printers come from China, facing similar cost hikes.

Nike: Sources ~25% of goods from China. Price increases or margin hits are likely.

Intel: China is 29% of its revenue, with $8 billion in U.S.-assembled CPUs exported annually, now facing China’s tariffs.

Boeing: China’s tariffs make its planes costlier versus Airbus, threatening 179 planned deliveries (2025-2027) to Chinese airlines.

General Motors and Ford: Both depend on Chinese auto parts, with GM facing higher cost pass-through risks than Ford due to broader exposure.

Walmart: Imports 40% of apparel/footwear from Asia, much from China, squeezing margins or raising prices.