Trump’s Tariff Tango: Tech’s Hilarious Escape 😎🚀!

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Well, well, well—guess who just decided to play fairy godmother to our beloved gadgets? President Trump has waved his magic wand (or tweet) and exempted smartphones, chips, computers, and other nifty electronics from those pesky tariffs. It’s like a spa day for the tech industry, and honestly, we could all use one! 🤷‍♀️

And as if that wasn’t enough, the US Customs and Border Protection chimed in saying that storage cards, modems, diodes, semiconductors, and assorted gizmos are also off the hook. Apparently, even tiny components need their break from the trade war chaos. Who knew electronics could be this dramatic? 🙃

“Large-cap technology companies will ultimately come out ahead when this is all said and done,” declared The Kobeissi letter on April 12. Because if there’s one thing we know, it’s that big tech always wins—even if it’s just by avoiding paperwork. 😏

This tariff relief is like a breath of fresh air for tech stocks, which had been gasping for air like a contestant on a reality TV show. And since crypto markets love to mimic tech stocks these days, expect a little party as risk appetite goes up on this delightfully good news.

In a twist of fate that even reality TV couldn’t script, Bitcoin (BTC) broke past $85,000 on April 12. Yes, folks, the crypto crowd is already dancing to the beat of this macroeconomic remix.

Markets hinge on Trump’s every word during macroeconomic uncertainty—grab your popcorn!

On April 9, Trump decided to put a temporary pause on those sweeping tariff policies by launching a 90-day hiatus on the reciprocal tariffs. He even sweetened the deal by lowering those pesky rates to 10% for any country that didn’t say “counter-tariff!” Talk about playing hardball with a wink and a nod.

With the tariff pause, Bitcoin leaped by 9%, and the S&P 500 surged over 10%—proving that, yes, even in the wild world of macroeconomics, Trump’s tweets can make markets go boom. 💥

Macroeconomic trader Raoul Pal quipped that these tariff policies were just a fancy negotiation tool in the grand US-China trade deal drama. Meanwhile, the administration’s trade talk was dismissed as nothing more than posturing—kind of like an overenthusiastic freshman at orientation.

And then there’s Bitcoin advocate Max Keiser, who reminded everyone that exempting specific tech products from import tariffs isn’t going to make bond yields or interest rates play nice. Bless his heart.

Meanwhile, the 10-year US Treasury Bond yield hit a local high of about 4.5% on April 11 as investors braced themselves for more trade war theatrics. Because nothing says “thrilling” like watching bond yields, right?

“The concession just given to China for tech exports won’t reverse the trend of rates going higher. Confidence in US bonds and the US Dollar has been eroding for years and won’t stop now,” Keiser noted on April 12, because apparently, the drama never really ends. 😅

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2025-04-12 20:24