Imagine trying to manage a supply chain right now.
Every 48 hours, the White House is announcing, or un-announcing, or re-announcing, or creating massive carve outs to, a new trade rule.
Why would anyone anywhere build a new factory under these conditions?
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Mark Gurman
@markgurman
BREAKING: President Donald Trump’s administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs in win for Apple (and shoppers). This lowers the China tariff from 125%. bloomberg.com/news/articles/