It will at least be extremely funny to watch all the right wing gamer bro chuds freak the fuck out when an immediate consequence of their actions will be that gaming pc components instantly inflate 50% in price.
Glad I already got my Steam Deck, fuck.
Bold of you to assune they won't just blame Dems because it isn't like reality matters.
20 years into the trump dynasty dictatorship, they will still be saying "thanks Biden" to every financial inconvenience.
They still blame Obama
I just said they would freak out.
Who they end up blaming is between them and their god emperor, I guess.
God Emperor*. I had to correct you or it would go against my Trump Score (TM).
Fuck the dems, too. Less people voted this election, than the last election. People didn't bother to go vote that should have.
If you think that's funny just wait for all the construction bros to discover that Milwaukee is now a Chinese company and their M18 HD12 batteries suddenly cost >500 a pop
And automotive guys figuring out a good chunk of their replacement parts are European.
Oh, that too. Most of these compact SUVs are built foreign because that's where they generate the most revenue. Imagine hitting a pheasant in your Chevy, a pheasant of all things, and getting a 10k insurance estimate because it cracked your made-in-Mexico integrated LED headlamp assembly and split your bumper cover
but but... Orange men said it was good for the economy, now I have to pay 2000 Dollars for a 5090? Why aren't they coming to America and produce here!?
Good luck spending 3000$+ on RTX 5090 graphics brick
Maybe we will finally get some optimised games.
Ahhaha, good joke.
No the future is everything is more expensive and worse quality.
Only without the cool tech :(
With the way gaming has been going, wtf are you people even upgrading for?
CHIPS Act? Never heard of it.
Oh, the thing Trump called "so bad" on Joe Rogan a couple weeks ago? He said that tariffs are his preferred strategy to force companies to build in the US. Maybe that was just rhetoric and you can't trust it, but he did say it.
As it stands, CHIPS isn't going anywhere, so at least Americans won't be totally fucked.
I know these things take time, but it's really hard not to be skeptical of CHIPS amounting to much. It reminds me too much of all the grant money given to telecom companies like AT&T and Verizon - supposed to be for improving infrastructure and implementing 5G, but they just pocketed the money as profit.
For what it's worth, I agree with you. Most telecom infrastructure funding has been historically pocketed. There is a chance it does work, though.
If not, maybe the tariffs will help in the short term by minimizing profit from overseas supply chains and incentivize American manufacturing, causing a positive effect on the sector in concert with CHIPS (but I doubt it).
actually I didn't.
Its a pretty strategically and economically impactful piece of legislation pushed by, and then signed into law, by Biden, in 2022.
It basically sets up a bunch of tax incentives and funds to go toward building out domestic computer hardware research and manufacturing.
Its the kind of thing that would lay the foundation for the US building a lot more of its own computer hardware, instead of importing it.
So when the Trump tariff apocalypse hits... assuming the CHIPS Act does not get repealed, it will be the only saving grace in terms of possibly lowering computer hardware costs.
Trump and Republicans are likely to try and take credit for this, if domestic chip fabs start coming online before 2028, pretending it is something they came up with.
It’s a small price to pay to keep pronouns away from our games.
I don't think that goes far enough. We need to keep all nouns out!
Grammar is too woke
ㅤ
yep! and by then it's too late. they've already shot themselves in the foot, they just haven't felt the pain yet.
edit - and honestly, if we were actually producing all this stuff locally and competitively, I would be OK with these chinese tariffs since it would encourage buying USA-made. The problem is that we arent, and probably won't be for a while. we'd all suffer in the meantime.
This post is my reminder that I should probably upgrade my graphics card this December, rather than waiting for any other time.
I guess there will be many people thinking that, driving up demand->increasing prices before any tariffs even exist.
I really really hope that they will enact their economic agenda before their racist agenda. When they denaturalize and deport citizens, half of us will be cheering (unfortunately). When the price of electronics/ cars increases it distributes harm to all.
Fuck, I've been putting off getting a new laptop, but hell this is probably going to influence that decision.
Probably should get on it and buy it now ahead of day 1
For years, us, Canadians went to USA for shopping. Next year with the exchange rate at the highest for US$, and Canada without tariff, a shit load of americans will come to Canada to buy their electronics and stuff.
They'll still have to pay the tariff when crossing the border back to the USA, unless they want to risk smuggling it.
I .Ean that's how it was for Canadians, it's not like we had an actual work around there either. People just don't bother to declare stuff when crossing.
A Canadian I used to know told me their family would have some cheaper items in the back seat that they'd declare and hide the more expensive stuff. Apparently it did work.
That was my shoplifting tactic when I was a kid.
Well not the backseat part, I hid chocolates in my bike helmet and always bought something like a drink.
All the idiots that didn’t buy anything got caught instantly.
REGULATIONS
Returning to the U.S.
Less than 48 hours in Canada:
$200 USD worth of goods per person, tax and duty freeAny purchase of alcohol or tobacco products may be subject to duties and taxes
48+ hours in Canada:
$800 USD worth of goods per person, tax and duty freePurchases may include 1 litre of alcohol, 200 cigarettes (1 carton), and 100 cigarsFamily members can combine their tax and duty allowances
So our 19 year olds who need abortions, what stops them from going there getting care and then having a drink a smoke and coming home after. Except the prospect of not wanting to come back?
The fact our healthcare system is woefully overburdened already?
She can, but I guess she'll have to pay for it/go to private.
They’ll blame democrats for the price increases. Bet me.
Same as last time
Same as every time, this shit is so damn tiring
The US is at least 40 years removed from any kind of real electronics manufacturing at scale.
This kind of thing takes generational knowledge to get right and we outsourced that knowledge a long time ago.
We are now several generations from being able to manufacture electronics on the level.
Either trump has no idea how anything works or he's actively trying to destroy the American economy.
He will just give out stimulus checks to make everyone think the economy is good. Somehow that's not socialism though it's American!
yep, warm up those money printers. And too bad for anyone who has saved a nestegg for retirement-- thats all getting watered down now. ah well.
Jokes on them, in 50+ years I've accumulated almost nothing anyhow!
He likes Russia so much that he wants the US to become like it. He’s following the post-USSR playbook. He’s trying to destroy the economy so he and his billionaire buddies can buy up the scraps for pennies on the dollar. Which will turn him into an oligarch and will keep him in power after his term is up. And he isn’t going to pay for any of it. He will steal money from the people like he did in his first term with his golf course and his cult following will keep giving him money and buy his crypto coins. That’s why he wants to get rid of cryptocurrency regulation.
Porque los dos?
Can someone please explain to me why he STILL doesn't have any understanding of how tarrifs work?
You're making the mistake in that his intention is to improve things.
He doesn't have to make things better, he just has to say he has made them better. That's all he's ever done and it's worked.
yOu'Re FiReD
A candidate that expressed nuanced understanding of economic principles would have been less likely to win the election.
A candidate that instead promises answers that intuitively sound right. If imports are expensive, then obviously the big business owners will build domestic and give us more money. If you get rid of immigrants, then the business owners will have to pay more for citizen workers. Simple answers that are easier for people to believe in.
Attempts to explain nuance? That ranges from nerds overcomplicating things and/or those darned liberal elites trying to truck them.
This cuts both ways. In 2020 Biden won not due to a more sophisticated understanding of things, but simply because things were bad, and the other guy therefore was the obvious choice. So to overcome an incumbent, you just have to have people believe stuff is bad, and provide some believable explanation that you could fix it.
he STILL doesn't have any understanding of how tarrifs work?
How do you STILL think this isn't all intentional? They know what they're doing. They don't care if we can afford it or not. This is about the conservatives' bottom line, lol. They don't care about you, America, China or whether any of it works.
It doesn't do anything for their bottom life because the tariff is something we pay TO CHINA
A tariff is what you pay to the government of the port of call to get the item you shipped.
When you pay $1000 for a DJI drone and it get's to Seattle the US government says "pay us $600 or it goes back on the boat."
The Chinese company sees literally zero impact other than possibly less orders and probably a wave of refused merch. Which they might keep some or all of the purchase price of anyway.
Russia wants to pit the US and China against each other to distract and destabilize them both. So all of this is great for Russia's bottom line.
The tariffs got them elected. The fallout of them is a write-off and not their problem. They were the means to an end for votes and swaying opinions and they did their job.
I believe that he does, and he knows shit will cost more, but he ALSO knows that his followers have no clue whatsoever. So prices will increase, and he'll blame it on one of their many "others". Keeping them scared and mad is the key to their control over them
His followers know he'll deliberately cause instability, that's what they want.
Some people want more expensive shit as long as its made in america or with american goods. Thats the point of a tariff.
But not the idiots that said inflation was their main issue. Trump told them 3 ways he's going to economically hurt them 1. Tariffs 2. Raising taxes (unless you are 1%) and 3. Mass Deportation.
Because he is so senile his brain can't follow a 3 step logic chain anymore.
Any reason for the unnecessary outlining and underlining instead of just cropping the picture decently? Ffs
Tbf, this makes it more shitpost
It's a shitpost. You may want to check your expectations.
but then we wouldn't get to see the pretty boat!
Mexico about to make a killing in shipping.
They already have been. China has been working at circumventing restrictions by basically offloading raw materials or parts to Mexico and having them build the product to ship to the US.
Hola world.
American Kazahstan.
Brought this up to a friend who is very pro Trump and he said
"Part of trying to get industry back in the country (which we would be better off with) involves making imports less appealing."
These people have no concept of geo politics and global trade. For example, we produce a lot of the world's soy, that's a major export, not many other countries do it on a large scale like that - so we cut the other countries some slack and tell them we won't produce this particular good so you can have a hand in the global economy. Yes having the production here would be ideal as I'm all for it, but the world is so much more than Murica and they can't see past their fucking noses.
It’s way, way more than that. Specialization and comparative advantage underpins the entire globalized economy which is the only way to allow us to get more for the same amount of labor. Without it, we simply regress. US farmers grow soybeans so that Chinese manufactures can make the tractors to allow the US farmers to grow the soybeans, and that only works with free trade. And in this scenario there is no one else making a tractor for anywhere near the same cost, and no one else who can grow such a large volume of soybeans, otherwise the trade probably wouldn’t be happening in the first place. And so the alternative is that both countries have to make both independently. And that is more expensive without the efficiencies of economy of scale, more expensive because of lower supply because we don’t have the capacity to produce that many tractors and China can’t grow that many soybeans, and more expensive because of the infrastructure costs being duplicated and spread out over less units.
And so we both end up with less tractors and less food that are more expensive. Now add in petrochemical fertilizers imported from Canada, steel and coal for the metal used in the tractor imported from Australia, all the industries that support them also getting caught into this, and where every one of those companies is tied into their regional, national, and the global economy. And that is just for tractors and soybeans.
We trade for almost everything. And every single item that we trade, we do so because it is cheaper than making it ourselves. Tariffs are an artificial tax on efficiency, and we are literally less prosperous with them in place. Some things are a matter of national security, of not allowing a foreign government leverage over your society, but we’re talking about his genius plan to put tariffs on literally fucking everything - soybeans and tractors, but also clothing, toys, electronics, appliances, vehicles, on and on and on. And a tariff on it will increase the price, because that is just how economics works.
There are chinese tractor companies? I only know US, Italian, French or German tractor companies.
I specifically looked it up just to be sure, John Deere does have multiple factories in China and a good amount of their website wording includes “assembled in USA”, sort of like cars and appliances and a lot of things, usually to get around existing tariffs and import duties. They do also have factories in Germany, Mexico, india, and of course multiple in the USA, but I kept it simple for the sake of the explanation, because China also does produce a lot of soybeans as well.
we could have a more robust economy where we do make everything and they make everything and nothing needs to be more expensive, if we just let it be less profitable
And a tariff on it will increase the price, because that is just how economics works.
this is not very scientific.
The cost of getting the goods to consumers goes up. Does the consumer pay:
A) More
B) Less
C) The same
This election was decided by the majority of people in this country not being able to answer this very simple question
Edit: oh shit I didn't even notice it was you lmao I see you're still roleplaying The Person With The Worst Takes
why did the cost go up? what other variables are at play?
Good guess, but that wasn't one of the options. Does the consumer pay:
A) More
B) Less
C) The same
I promise you, if you think about it for even a moment, this has a very intuitive answer
we can't know
❌
Sorry, the correct answer was
A) More
Explanation: when the cost of producing or acquiring a product increases, a business must earn more money to cover the additional expense
prove it
Sure thing
If you make it cost more money for a company to provide their good or service, they must charge more for that good or service in order to break even
Just be sure to remind him at every opportunity that he voted for things to be more expensive.
I will
Three different ways trump has promised to his effective income
Tariffs - prices directly go up
Income taxes will be raised unless he's in the 1%
Mass Deportation will make food more expensive because there won't be any Latinos to pick crops.
Yes it does.
Do you know why we outsourced everything to China? Because they can do it cheaper.
You can get it back, have it higher quality, more jobs, better control over it, all that good stuff. But it won't be cheaper.
The US sells things they can make comparatively cheaper (not just price, its an opportunity cost) - better educated population, logistic, access to raw material, infrastructure investments. China sells things they can do cheaper - usually the fact that life is cheap in China.
I agree with a lot of what you said. "Better educated population."
Doubt
While I mostly agree, but let's not underestimate Chinese education and the culture built around overachieving.
Nah, I was joking about the fact I wouldn't say we are more educated than anyone ever again. After this week, I'm going to assume we are around 192nd in education, maybe 193rd. Out of the 193 members of the UN
Sorry clarification.
I listed things a country may have that can create a competition advantage. I'd also argue the better infrastructure for the US as well.
Does he also know local companies will capitalise on the price increase?
Current import price: 80
Current USA made price: 100
Tariff import price: 200
Tariff USA made price: 190
Trump is banking on foreign companies moving their operations to the US. There's also a high chance that Trump actually won't do anything. The guy talks a lot.
It will take more than 4 years to move much of anything to the US. Will anyone think it's worth it?
Everyone needs a lesson in how tarrifs work. Tarrifs are a tax on thing that US companies buy. They are intended to make foreign products more expensive to protect domestic producers. So, the American company pays the tariff. They then pass that tariff on to their customer, either another company or an American consumer. Then, the country that the tariff had been applied to applies offsetting tarrifs on American goods.
When the product that the tariff is applied to can't be produced in the US, think advanced microchips or Canadian softwood lumber, Americans pay more but still have to buy the foreign product. With the softwood lumber tarrifs the cost of building a home with Canadian softwood lumber went up by tens of thousands of dollars and Canadian companies laughed all the way to the bank. American consumers paid more and Canadian companies made record profits because the US can't produce enough softwood lumber to meet its needs.
So, the price to American companies and consumers goes up and the cost of American goods overseas goes up. Americans pay the tarrifs and American companies sell less goods overseas.
America loses.
But think of all the failing business that will be super cheap to aquire! /s
Oh I have no doubt that the Blackrocks and Birkshire Hathaway's of the nation are absolutely throbbing at the prospect. Literally diamonds. Those dusty old corpses won't need their hourly viagra until 2030.
Lol the stock market went up by like 15% since he won or something like that. The big banks and holdings groups are wayyy up, same for tesla which just broke 1 trillion.
As it always does. In case you missed it all those things were hitting records all the way through Biden's 4 years.
It's a giant casino. And the only time real people feel it is when it crashes and suddenly shit costs way more than it did last week. It doesn't matter to anyone worth less than 8 or 9 figures.
Yes. I was agreeing with you in the first place.
What I love... what I really love... is that this happened during the administration of Trump's favorite president (other than himself), Andrew Jackson:
these women, dubbed the "Petticoats", socially ostracized Secretary of War John Eaton and his wife, Peggy Eaton, over disapproval of the circumstances surrounding the Eatons' marriage and what they deemed her failure to meet the "moral standards of a Cabinet Wife".
After further reading about Peggy Eaton's childhood, kind of a bummer. Also, John Eaton pulled a King David/Bethsheba on her first husband, quite literally... That's wild.
Once Timberlake told Eaton of his financial troubles, Eaton unsuccessfully attempted to have the Senate pass legislation that would authorize payment of the debts Timberlake had accrued during his Naval service. Eventually, Eaton paid Timberlake's debts and procured him a lucrative posting to the U.S. Navy's Mediterranean Squadron; many rumormongers asserted that Eaton aided Timberlake as a means to remove him from Washington, in order for Eaton to socialize with Peggy.
What a shithead. Literally sent him to fight pirates so he could bang the dude's wife hahah
So in your example, I guess the tariffs don’t apply to Canada? Because the proceeds of tariffs go to the government of the country charging them.
I'm not sure what you're asking. If you're referring to softwood lumber the profits of Canadian lumber companies were at record levels because the US needs Canadian softwood lumber with or without tarrifs. The tarrifs didn't affect sales at all so with the increased demand despite the tarrifs Canadian companies didn't suffer at all. US consumers spent more and the money went to the US government which presumably gave some of the money to uncompetitive US softwood lumber companies to subsides their unprofitable operations. It's a tax on US consumers.
Canadian softwood lumber companies pay a stumpage fee to sustainably harvest softwood on public land. US softwood lumber companies pay much higher prices to harvest lumber mostly on private land. It's all about extracting the highest profit for the most wealthy people. Canada has a better system and the US is salty about it. The US has lost at the WTO every time but refuses to accept the result so it ignores its treaty obligations and just forges ahead with the illegal tarrifs which hurt US consumers.
Good. I hope he does it. Don't let any of his yes-men or cronies tell him what a horrible idea it is. Let the whole fucking country burn.
Democrats, calling for deportations: Look at this disgusting tankie
This post is about tariffs.
...... what
The joke is twofold:
Some people, mostly authoritarian communists, claim that the 'tankie' is being used to describe anybody too far left.
Democrats are by now very right on immigration.
Democrats will stop calling for deportation when they see what kind of bottom line putting people in labor camps brings.
Where so you think American farmers buy their fertilizer? Where they sell most of their soy and corn sell to? Maaaaany companies are either buying or selling to/from China. Many will go bankrupt, bany will struggle.
China is strengthening ties with Russia to replace u.s trade, and it shows that Putin is laughing his ass off at how he played a whole country, other than his I mean
I hope Trump turns out to be the best president in history. Prove me wrong, conservatives. I want to hear how it's going by the fourth year.
Everyone who says he's not the best President ever will be shot.
I mean, what do you think? He announced that. Apparently this is what the US-Citizens want.
It hasn't even started yet and I know that I have 4 more years of this stupidity news ever single day
Oh wait
Since Trump will install himself as a dictator, then die, we have a few decades of couche fucker Vance to look forward to, yeeeiii
I'm not convinced we'll go even a single decade of this regime without total socioeconomic collapse.
The Hitler lasted from July 1932, and Hitler killed himself in April 1945 - 13 years.
Mussolini lasted from 1922 to his execution in 1945 - 23 years.
Stalin lasted 1924-1953 - 29 years.
Fascism inevitably implodes and crates untold suffering along the way, but you might have longer than you think.
The main difference is that in equal measure to being a fascist, Trump is an idiot.
Fascism and idiots - I couldn't name a more iconic duo - though I do agree with you point... Trump is exceptionally stupid, and has surrounded himself with gibbering idiots like Musk and RFK.
...that said, when Trump's heart inevitably explodes, Vance will almost certainly have competent (evil) advisors, and they'll get (horrible) shit done.
That’s all cool and nice, but let’s see what happens to the prices when Taiwan gets invaded.
Had a friend an acquaintance of mine say that this wouldn't happen because "Trump hates China so he'll defend Taiwan" He'll also "support Israel so Iran won't get so uppity!" He also believes that whilst Ukraine is probably fucked, at least the war will be over.
That's nice, isn't it?
Ah the poor soul! Having to hear about the Ukraine war!!! He's just too precious, how dare we inconvenience him by keep this in the news???
Even my girlfriend, who doesn't really do politics, turned to me and said "but surely Putin then just goes after his next target like Hitler did"
It's pretty telling when someone who struggles with politics in general understands it better than a guy who spent time in Afghanistan.
And that's exactly it. Putin has literally made no secret that he wants to take back, by force, every former SSR he can't force into CSTO. The Baltics, Moldova, Poland, Finland probably. Then south to Georgia, Armenia, and who knows where it'll stop - maybe he'll be dumb enough (and live long enough) to try to start Afghanistan War #4.
That's why he needs Trump to sabotage and get the U.S. to leave NATO. If he gets the U.S. out of there and convince Hungary/ Germany to slowly turn against Poland.. the odds slowly keep changing
Ah.. appeasement. Certainly that worked out for everybody involved.........
"Peace for our time!"
Neville Chamberlain.
No need to invade when their economy collapses internally and Beijing can step up to buy the whole island out from the bargain basement bin.
There's still the rest of the global electronics market
Good news for Korea and Japan, I guess
That’s fine, you’re all ok with American made laptops, right?
Do those exist? And what about all the internal components?
I believe the internals are all made from freedomite and it’s all a brand new design.
They're state of the art, made from the finest balsa wood!
Just like russian laptops. Except instead of being built like a tank they are built from toilet paper.
Does "designed in California" count?
I'm actually happy about no Chinese goods. It's probably the only thing I kinda agree with about Trump
Not just Chinese goods, but Chinese components. That cost will be passed on to the consumer. There are A LOT of things that aren’t made at all in the US. If you thought cost of living was high under Biden…
No. I'm absolutely sure that this was absolutely wreck the economy. However US manufacturing would finally be independent. I'm interested in this terrible experiment.
With how efforts have been going with getting US based semiconductor foundries up and attempts to replicate the quality and efficiency of TSMC, I think my old i7 920 will find decent value on the secondary market when the tariffs hit.
I'm involved in the manufacturing sector. At recent trade shows, we've been hearing that a lot of companies were holding off on making decisions about purchasing goods and machinery until after the election, though no one was saying much specifically about what each candidate would mean for their decisions. This article seems to say the outlook isn't super rosy and his initiatives don't make a ton of sense.
I’m in manufacturing within China. While I’m not American and don’t work with American companies. Lots of our supply chain has said there is high levels of uncertainty in projects. Projects have been on hold for months.
Seeing a stark void of "Fuck China" posts all of a sudden. Crazy what happens when the treat train gets held up at the border.
Fuuuuuuuck me I wanted a new PC & a new laptop. How much time do I have before this hits?!
New Ryzen 7 got released too. Looks cool
Things like this take a while to finalize, so you're good for now. Just wait until Black Friday to buy anything, since it's so soon and lots of computer stuff goes on sale.
FYI: companies will do 2 things to make black friday kinda suck these days
Prices will go up before black friday so they can have an exagerated sale/discount.
Some companies will make units specifically for black friday. Usually cheaper, less features, and sometimes less reliable.
Figure out what you want now.
Prices will go up before black friday
It's before Black Friday now :P
Amazon show a "lowest price in 30 days" badge if the price is the lowest in the past 30 days, so companies that sell their products on Amazon will sometimes raise the price 30 days before Black Friday.
Some companies will make units specifically for black friday. Usually cheaper, less features, and sometimes less reliable.
This has always been the case. Same with outlets - some items at outlet stores are specifically made to be sold at the outlet.
Used electronics you already own goes brrr
Used electronics for sale will go up in price, because the seller needs money to buy new electronics or maybe food
You guys buy new? In Putin Russia we make our own laptops from dishwashers! Imported from Ukraine!
More seriously, I use some i5-2700 desktop computer and just happy.
Yayyyy, right as Windows 10 is going EOL and Windows 11 doesn't work on BIOS systems we're seeing a big increase in prices!
Remember that you need a pretty new setup to get to run a windows OS that still receives updates. If we talk about computers that is.
Use linux.
I am almost there. I had so much problem with Linux on my server that i run back in the days that I said I never want to touch Linux again after last time i installed it. It broke a couple of years later and I knew I could not run windows but had read about Linux mint. Installed with no expectations and that was easier than windows. No problems, easy to config and I got everything to just work as I wish.
The step from going to Linux on my main computer is not far. I guess I will dual boot for a while since I play a lot of games and once I get accustomed to it I guess it will be my main. Fuck windows.
I hate this because for Europe it will become expensive too, just for the heck of it.
Do his tariffs affect exports to the EU as well? Idk economics and I wanna buy a Framework laprop next year
If country A sells most of an export to country B and country B makes it harder for country A to sell to country B, country A may raise prices for countries C, D and E to make up for the losses caused by country B.
So what I'm hearing is, we should all be very mad with the Americans?
A bit over a half of them, yeah. (I do realise that voters aren't 100% of the population but)
Eligible voters that chose not to, were they just fine either way?
Yeah those fuckers would be included, which is why the figure doesn't work but also getting too pedantic would make it far less quippy, so...
Could country A try to decrease exports to country B and increase exports to country C, D, and E, perhaps by lowering the cost in C, D, and E?
Yeah, I'd think they're going to produce what they are going to produce and will adjust allocation and prices to accommodate the demand change in the tariff country.
As someone who works for a large US-based company, we are locking in large contracts ASAP for compute power to hopefully keep us sated and avoid these from being an extinction event. We were already discussing some vendors not offering supply contracts already because they see the writing on the wall for their own profit margins
TIL, lots of Trumps voters don’t even know how tariffs work and thought the foreign companies are the one who paid those instead of the domestic buyers themselves.
Even if, did they think prices would just stay the same? Tariffs only work if production is moved back home, which for many industries won't happen, which means costs will be passed on to consumers.
Also, the costs would still be passed on to consumers even if the production was moved back home, because it will cost more in general. And gotta keep those profit margins up.
Doesn't matter who the tax is levied against. All costs will be passed on to the buyer. They should be familiar with this idea. It's the Republican's key talking point against business taxes.
Rich get richer, poor people suffer. Americans are so f dumb i cant take it
something about leopards and faces
Isn't this exactly what Trump said Harris was gonna do and that he was gonna not do?
Vincent
yooooo name twinsies!
Its a shame I don't have enough for solar yet. If you get it now its like getting a free battery if they are all getting a 40% hike. Probably gonna get rid of the tax incentive too cause the rich need it more too right?!
Probably worth financing it. What you lose in interest costs will probably be worth it if these tariffs go through.
You aren't wrong but my goals to pay off my car loan first and that should be done in a year. Sucky timing I guess.
Because isolationism has worked out so splendidly for us in the past. Fuck this country.
So we're going to put tariffs on things where there aren't even domestically-sourced options? WTF?
That's the point of tariffs...to give domestic supply a shot.
It's stupid and short-sighted in a modern economy. It's not worth it for any manufacturer to shut down existing mega factories and build new ones here. They won't find enough people to do the jobs (especially if we deport/denaturalize a ton of people) and the costs and re-investments are huge.
Plus the only places that are left to build giant factories are distant from population centers. And I doubt there will be mass transit into them. So more pollution from personal transportation. And more pollution from local factories. Ripping the EPA to shreds will help with that, and that's a part of agenda 47.
And you just know the ones that choose to come and build here are gonna get really nice tax breaks to do so, so there won't be any real return for the community for a long time, if ever.
The end result is either they pass the costs into consumers, or they cut costs by laying off their expensive state-side employees and moving their positions abroad. American middle-class loses bigly either way.
The natural destination of the US is a giant for-profit prison that leases convicts to businesses.
Plus the only places that are left to build giant factories are distant from population centers.
You're forgetting about eminent domain. Clearly, giant factory on American soil is a public good, even if it's privately owned. Hence, the government will seize the homes and give the land to the corp. The prices of the houses will fall first, because who wants to buy a house that's going to get bulldozed, reducing the compensation the government has to pay to the homeowners, potentially causing them to be upside down on their mortgages. This will leave them with nothing, or potentially even debt, when their homes get sized.
Domestic supply of what ?
That's exactly the problem. We don't, and in many places can't, make things here.
A lot has to do with access to resources. China is dominating in electronics in part because they essentially (but not really) colonized most the world that has good silicon.
But moving manufacturing around the world, to a place where literally everything is more expensive, is an costly endeavor that simply won't be worth it for most businesses.
Isn't thwre a single one RISC-V capable production line in the US? Imagine if Apple starts their own chip production.
There's a reason TSMC does most of the world's chip fabrication.
It's complex and extremely expensive. Standing up a fab, in America no less, capable of handling Apple's demand would be an astronomically expensive feat. Apple would never do this while TSMC is still an option. Even after the tariffs it would still probably be cheaper to use TSMC.
Also let's be honest, unless the tariff is applied to everyone it's gonna be cheaper to use another country as a middleman to trade with with China.
There are throngs of people already at work to find out how to gouge consumers by blaming tariffs without actually paying any.
TSMC is for bleeding edge chip. 10nm and above are produced everywhere. Mostly 28nm, since it is the cheapest. It won't be easy to build 5nm fabs but I bet still doable.
Apple would probably produce ARM chips. They wouldn't want to change architecture again so soon.
I’m upgrading to 9800x3d now so I should be set until the end of Trump’s presidency.
I'm on a 5800x3d, pretty set right now, but that's a good point...
The world will be split between countries that trade freely with China and countries that don't.
This will be the test and control for whether trading with China is good or bad.
Turns out it's bad, but since we all moved our industry there. Well shits fucked.
Other countries are reporting different and positive results. I think this is the kind of thing that we will see the outcome of decades later. It will be interesting to see how much of the perceived negative impact is due to ingrained racism and xenophobia especially in the West.
Should I buy a new phone now instead of waiting until next October?
Theoretically Samsung and Taiwanese phones won't be hit bad.
Pixel is Chinese right?
If I'm not mistaken it depends on the precise model. Cause they contract manufacturing out to more than one place.
Implying I could afford that shit in the first place 🤡
So much for building that new desktop.
You've got a couple months...
Might have the time, but not the money.
Everyone's gonna start coming to Canada to buy electronics like they do medicine
Not true at all. Vile lies spread by the Democrats.
Okay, maybe it is true, but it's actually a good thing.
Okay, maybe the results are catastrophic, but it's actually the Democrats' fault. The solution is higher tariffs.
I'm european lol
China loosing USA as a buyer would mean raising prices for other countries to make up for the loss.
Gods I hope people stop buying useless crap every other week then and production slows down and then 'maybe' we can enjoy a somewhat better climate before things get worse.
That might be most efficient enviromental law. But please ban cars in cities first.
Another proof that capitalism doesn't work. Or rather work as intended, but not by us.
I really hope my job at an MSP is effected, but it probably will be. I hope we stay in business...
At some point it becomes easier to just travel to places to buy your gpus and such. When I was in Singapore, their prices on electronics were both good and compatible with my own stuff. I visit there to see an old MMO friend and it's just... Closer to the source, I guess.
It sucks the prices will go up, and I'm not saying I want this but I feel like they would go up higher than this based on what he said.
I'm not sure what's worse. the fact you can understand the incoherence or that you believed any of it.
Oh no, what will I ever do if I can't keep buying stuff I dont need.
"Americans might have trouble expressing greedy tendencies under a Trump presidency."
The entitlement of americans is absurd. Palestinian children are killed with made in america bombs while our population weeps over its loss of made in china electronics.
Clearly the american dream is dead if you can't replace your computer every year.
Your post right there? That's one of the reasons Harris lost.
Of course people (not just Americans) are selfish. Doesn't matter if it's good or not, that's just the factual truth. The Republicans knew how to work with that, by selling the voters a solution to the things that actually interested them. That's also what helped Obama ("Hope", though a bit vague) and Bill Clinton ("It's the economy, stupid") get elected (Yes, it also didn't hurt that they were rock stars). Now the Democrats are perceived not only as a party that's not willing to work on issues that concern them, but as actually criticizing them for wanting what they want.
Trump's not going to need to apply tarifs.
Biden has both Russia and China on the back foot with failing economies, and significant social unrest. Both are desperate to make a deal with Trump.
Trump only succeeds in negotiation when he can bully his adversary.
If Biden had the faculties, he could have whipped both countries and probably avoided this mess.
Holy cope
Actually, I am really removed from the US domestic situation, and only impacted by the US foreign policy situation.
I'm just trying to point out that he can use his threats to get what he wants, which is the only tactic that he actually knows how to do. Unless he got smarter since his last tern.
The US has been losing its global grip. Especially since the genocide in Gaza the entire global south has fled to align with China.
In the past the US had power to sanction countries such as Afghanistan to their doom. Now those countries have the option to align with China and Russia. The era of western dominance is not growing. It is weakening.
Trump whipped Mexico really well into paying for that wall.
Trump just talks a bunch of shit lol. That's actually why he won. Because he promised everything to everyone. He doesn't have any real plans other than those related to genitals and immigrants. He never backs it up with any evidence either
Trump negotiated really well with Foxconn too. Remember that 10 billion factory they were gonna build thanks to Trump?
In fact, I'm actually willing to bet petrol prices and power prices will increase too. Because suddenly, batteries and solar have less competition and even if manufacturered in US, they can raise their prices
It's just really dumb 😂
Trump talks shit, and he's weak at taking action. That is my point. Here he can likely get away with talking shit, and his opponents will cave.
The wall was bs, but he did get nafta renegotiated by bullying.
He's got a good chance at coming out of RU and CN negotiations looking good, despite not doing anything.
He's nothing but a bully, which might actually work here. If it does, then the authoritarians shithawks are going to look really good.
It will at least be extremely funny to watch all the right wing gamer bro chuds freak the fuck out when an immediate consequence of their actions will be that gaming pc components instantly inflate 50% in price.
Glad I already got my Steam Deck, fuck.
Bold of you to assune they won't just blame Dems because it isn't like reality matters.
20 years into the trump dynasty dictatorship, they will still be saying "thanks Biden" to every financial inconvenience.
They still blame Obama
I just said they would freak out.
Who they end up blaming is between them and their god emperor, I guess.
God Emperor*. I had to correct you or it would go against my Trump Score (TM).
Fuck the dems, too. Less people voted this election, than the last election. People didn't bother to go vote that should have.
If you think that's funny just wait for all the construction bros to discover that Milwaukee is now a Chinese company and their M18 HD12 batteries suddenly cost >500 a pop
And automotive guys figuring out a good chunk of their replacement parts are European.
Oh, that too. Most of these compact SUVs are built foreign because that's where they generate the most revenue. Imagine hitting a pheasant in your Chevy, a pheasant of all things, and getting a 10k insurance estimate because it cracked your made-in-Mexico integrated LED headlamp assembly and split your bumper cover
but but... Orange men said it was good for the economy, now I have to pay 2000 Dollars for a 5090? Why aren't they coming to America and produce here!?
Good luck spending 3000$+ on RTX 5090 graphics brick
Maybe we will finally get some optimised games.
Ahhaha, good joke.
No the future is everything is more expensive and worse quality.
Only without the cool tech :(
With the way gaming has been going, wtf are you people even upgrading for?
CHIPS Act? Never heard of it.
Oh, the thing Trump called "so bad" on Joe Rogan a couple weeks ago? He said that tariffs are his preferred strategy to force companies to build in the US. Maybe that was just rhetoric and you can't trust it, but he did say it.
As it stands, CHIPS isn't going anywhere, so at least Americans won't be totally fucked.
I know these things take time, but it's really hard not to be skeptical of CHIPS amounting to much. It reminds me too much of all the grant money given to telecom companies like AT&T and Verizon - supposed to be for improving infrastructure and implementing 5G, but they just pocketed the money as profit.
For what it's worth, I agree with you. Most telecom infrastructure funding has been historically pocketed. There is a chance it does work, though.
If not, maybe the tariffs will help in the short term by minimizing profit from overseas supply chains and incentivize American manufacturing, causing a positive effect on the sector in concert with CHIPS (but I doubt it).
actually I didn't.
Its a pretty strategically and economically impactful piece of legislation pushed by, and then signed into law, by Biden, in 2022.
It basically sets up a bunch of tax incentives and funds to go toward building out domestic computer hardware research and manufacturing.
Its the kind of thing that would lay the foundation for the US building a lot more of its own computer hardware, instead of importing it.
So when the Trump tariff apocalypse hits... assuming the CHIPS Act does not get repealed, it will be the only saving grace in terms of possibly lowering computer hardware costs.
Trump and Republicans are likely to try and take credit for this, if domestic chip fabs start coming online before 2028, pretending it is something they came up with.
It’s a small price to pay to keep pronouns away from our games.
I don't think that goes far enough. We need to keep all nouns out!
Grammar is too woke
ㅤ
yep! and by then it's too late. they've already shot themselves in the foot, they just haven't felt the pain yet.
edit - and honestly, if we were actually producing all this stuff locally and competitively, I would be OK with these chinese tariffs since it would encourage buying USA-made. The problem is that we arent, and probably won't be for a while. we'd all suffer in the meantime.
This post is my reminder that I should probably upgrade my graphics card this December, rather than waiting for any other time.
I guess there will be many people thinking that, driving up demand->increasing prices before any tariffs even exist.
I really really hope that they will enact their economic agenda before their racist agenda. When they denaturalize and deport citizens, half of us will be cheering (unfortunately). When the price of electronics/ cars increases it distributes harm to all.
Fuck, I've been putting off getting a new laptop, but hell this is probably going to influence that decision.
Probably should get on it and buy it now ahead of day 1
For years, us, Canadians went to USA for shopping. Next year with the exchange rate at the highest for US$, and Canada without tariff, a shit load of americans will come to Canada to buy their electronics and stuff.
They'll still have to pay the tariff when crossing the border back to the USA, unless they want to risk smuggling it.
I .Ean that's how it was for Canadians, it's not like we had an actual work around there either. People just don't bother to declare stuff when crossing.
A Canadian I used to know told me their family would have some cheaper items in the back seat that they'd declare and hide the more expensive stuff. Apparently it did work.
That was my shoplifting tactic when I was a kid.
Well not the backseat part, I hid chocolates in my bike helmet and always bought something like a drink.
All the idiots that didn’t buy anything got caught instantly.
REGULATIONS
Returning to the U.S.
Less than 48 hours in Canada:
$200 USD worth of goods per person, tax and duty freeAny purchase of alcohol or tobacco products may be subject to duties and taxes
48+ hours in Canada:
$800 USD worth of goods per person, tax and duty freePurchases may include 1 litre of alcohol, 200 cigarettes (1 carton), and 100 cigarsFamily members can combine their tax and duty allowances
So our 19 year olds who need abortions, what stops them from going there getting care and then having a drink a smoke and coming home after. Except the prospect of not wanting to come back?
The fact our healthcare system is woefully overburdened already?
She can, but I guess she'll have to pay for it/go to private.
They’ll blame democrats for the price increases. Bet me.
Same as last time
Same as every time, this shit is so damn tiring
The US is at least 40 years removed from any kind of real electronics manufacturing at scale.
This kind of thing takes generational knowledge to get right and we outsourced that knowledge a long time ago.
We are now several generations from being able to manufacture electronics on the level.
Either trump has no idea how anything works or he's actively trying to destroy the American economy.
He will just give out stimulus checks to make everyone think the economy is good. Somehow that's not socialism though it's American!
yep, warm up those money printers. And too bad for anyone who has saved a nestegg for retirement-- thats all getting watered down now. ah well.
Jokes on them, in 50+ years I've accumulated almost nothing anyhow!
He likes Russia so much that he wants the US to become like it. He’s following the post-USSR playbook. He’s trying to destroy the economy so he and his billionaire buddies can buy up the scraps for pennies on the dollar. Which will turn him into an oligarch and will keep him in power after his term is up. And he isn’t going to pay for any of it. He will steal money from the people like he did in his first term with his golf course and his cult following will keep giving him money and buy his crypto coins. That’s why he wants to get rid of cryptocurrency regulation.
Porque los dos?
Can someone please explain to me why he STILL doesn't have any understanding of how tarrifs work?
You're making the mistake in that his intention is to improve things.
He doesn't have to make things better, he just has to say he has made them better. That's all he's ever done and it's worked.
yOu'Re FiReD
A candidate that expressed nuanced understanding of economic principles would have been less likely to win the election.
A candidate that instead promises answers that intuitively sound right. If imports are expensive, then obviously the big business owners will build domestic and give us more money. If you get rid of immigrants, then the business owners will have to pay more for citizen workers. Simple answers that are easier for people to believe in.
Attempts to explain nuance? That ranges from nerds overcomplicating things and/or those darned liberal elites trying to truck them.
This cuts both ways. In 2020 Biden won not due to a more sophisticated understanding of things, but simply because things were bad, and the other guy therefore was the obvious choice. So to overcome an incumbent, you just have to have people believe stuff is bad, and provide some believable explanation that you could fix it.
How do you STILL think this isn't all intentional? They know what they're doing. They don't care if we can afford it or not. This is about the conservatives' bottom line, lol. They don't care about you, America, China or whether any of it works.
It doesn't do anything for their bottom life because the tariff is something we pay TO CHINA
A tariff is what you pay to the government of the port of call to get the item you shipped.
When you pay $1000 for a DJI drone and it get's to Seattle the US government says "pay us $600 or it goes back on the boat."
The Chinese company sees literally zero impact other than possibly less orders and probably a wave of refused merch. Which they might keep some or all of the purchase price of anyway.
Russia wants to pit the US and China against each other to distract and destabilize them both. So all of this is great for Russia's bottom line.
The tariffs got them elected. The fallout of them is a write-off and not their problem. They were the means to an end for votes and swaying opinions and they did their job.
I believe that he does, and he knows shit will cost more, but he ALSO knows that his followers have no clue whatsoever. So prices will increase, and he'll blame it on one of their many "others". Keeping them scared and mad is the key to their control over them
His followers know he'll deliberately cause instability, that's what they want.
Some people want more expensive shit as long as its made in america or with american goods. Thats the point of a tariff.
But not the idiots that said inflation was their main issue. Trump told them 3 ways he's going to economically hurt them 1. Tariffs 2. Raising taxes (unless you are 1%) and 3. Mass Deportation.
Because he is so senile his brain can't follow a 3 step logic chain anymore.
Any reason for the unnecessary outlining and underlining instead of just cropping the picture decently? Ffs
Tbf, this makes it more shitpost
It's a shitpost. You may want to check your expectations.
but then we wouldn't get to see the pretty boat!
Mexico about to make a killing in shipping.
They already have been. China has been working at circumventing restrictions by basically offloading raw materials or parts to Mexico and having them build the product to ship to the US.
Hola world.
American Kazahstan.
Brought this up to a friend who is very pro Trump and he said
"Part of trying to get industry back in the country (which we would be better off with) involves making imports less appealing."
These people have no concept of geo politics and global trade. For example, we produce a lot of the world's soy, that's a major export, not many other countries do it on a large scale like that - so we cut the other countries some slack and tell them we won't produce this particular good so you can have a hand in the global economy. Yes having the production here would be ideal as I'm all for it, but the world is so much more than Murica and they can't see past their fucking noses.
It’s way, way more than that. Specialization and comparative advantage underpins the entire globalized economy which is the only way to allow us to get more for the same amount of labor. Without it, we simply regress. US farmers grow soybeans so that Chinese manufactures can make the tractors to allow the US farmers to grow the soybeans, and that only works with free trade. And in this scenario there is no one else making a tractor for anywhere near the same cost, and no one else who can grow such a large volume of soybeans, otherwise the trade probably wouldn’t be happening in the first place. And so the alternative is that both countries have to make both independently. And that is more expensive without the efficiencies of economy of scale, more expensive because of lower supply because we don’t have the capacity to produce that many tractors and China can’t grow that many soybeans, and more expensive because of the infrastructure costs being duplicated and spread out over less units.
And so we both end up with less tractors and less food that are more expensive. Now add in petrochemical fertilizers imported from Canada, steel and coal for the metal used in the tractor imported from Australia, all the industries that support them also getting caught into this, and where every one of those companies is tied into their regional, national, and the global economy. And that is just for tractors and soybeans.
We trade for almost everything. And every single item that we trade, we do so because it is cheaper than making it ourselves. Tariffs are an artificial tax on efficiency, and we are literally less prosperous with them in place. Some things are a matter of national security, of not allowing a foreign government leverage over your society, but we’re talking about his genius plan to put tariffs on literally fucking everything - soybeans and tractors, but also clothing, toys, electronics, appliances, vehicles, on and on and on. And a tariff on it will increase the price, because that is just how economics works.
There are chinese tractor companies? I only know US, Italian, French or German tractor companies.
I specifically looked it up just to be sure, John Deere does have multiple factories in China and a good amount of their website wording includes “assembled in USA”, sort of like cars and appliances and a lot of things, usually to get around existing tariffs and import duties. They do also have factories in Germany, Mexico, india, and of course multiple in the USA, but I kept it simple for the sake of the explanation, because China also does produce a lot of soybeans as well.
we could have a more robust economy where we do make everything and they make everything and nothing needs to be more expensive, if we just let it be less profitable
this is not very scientific.
The cost of getting the goods to consumers goes up. Does the consumer pay:
A) More
B) Less
C) The same
This election was decided by the majority of people in this country not being able to answer this very simple question
Edit: oh shit I didn't even notice it was you lmao I see you're still roleplaying The Person With The Worst Takes
why did the cost go up? what other variables are at play?
Good guess, but that wasn't one of the options. Does the consumer pay:
A) More
B) Less
C) The same
I promise you, if you think about it for even a moment, this has a very intuitive answer
we can't know
❌
Sorry, the correct answer was
A) More
Explanation: when the cost of producing or acquiring a product increases, a business must earn more money to cover the additional expense
prove it
Sure thing
If you make it cost more money for a company to provide their good or service, they must charge more for that good or service in order to break even
You're arguing with a troll mate.
this isn't proof. it's story telling
No, but its exactly correct in a short sentence. Science wishes it could be that exact.
Please tell me any way a tax, an additional cost added on to something could lower the price.
it's not causal
Just be sure to remind him at every opportunity that he voted for things to be more expensive.
I will
Three different ways trump has promised to his effective income
Yes it does.
Do you know why we outsourced everything to China? Because they can do it cheaper.
You can get it back, have it higher quality, more jobs, better control over it, all that good stuff. But it won't be cheaper.
The US sells things they can make comparatively cheaper (not just price, its an opportunity cost) - better educated population, logistic, access to raw material, infrastructure investments. China sells things they can do cheaper - usually the fact that life is cheap in China.
I agree with a lot of what you said. "Better educated population."
Doubt
While I mostly agree, but let's not underestimate Chinese education and the culture built around overachieving.
Nah, I was joking about the fact I wouldn't say we are more educated than anyone ever again. After this week, I'm going to assume we are around 192nd in education, maybe 193rd. Out of the 193 members of the UN
Sorry clarification.
I listed things a country may have that can create a competition advantage. I'd also argue the better infrastructure for the US as well.
Does he also know local companies will capitalise on the price increase?
Current import price: 80
Current USA made price: 100
Tariff import price: 200
Tariff USA made price: 190
Trump is banking on foreign companies moving their operations to the US. There's also a high chance that Trump actually won't do anything. The guy talks a lot.
It will take more than 4 years to move much of anything to the US. Will anyone think it's worth it?
Everyone needs a lesson in how tarrifs work. Tarrifs are a tax on thing that US companies buy. They are intended to make foreign products more expensive to protect domestic producers. So, the American company pays the tariff. They then pass that tariff on to their customer, either another company or an American consumer. Then, the country that the tariff had been applied to applies offsetting tarrifs on American goods.
When the product that the tariff is applied to can't be produced in the US, think advanced microchips or Canadian softwood lumber, Americans pay more but still have to buy the foreign product. With the softwood lumber tarrifs the cost of building a home with Canadian softwood lumber went up by tens of thousands of dollars and Canadian companies laughed all the way to the bank. American consumers paid more and Canadian companies made record profits because the US can't produce enough softwood lumber to meet its needs.
So, the price to American companies and consumers goes up and the cost of American goods overseas goes up. Americans pay the tarrifs and American companies sell less goods overseas.
America loses.
But think of all the failing business that will be super cheap to aquire! /s
Oh I have no doubt that the Blackrocks and Birkshire Hathaway's of the nation are absolutely throbbing at the prospect. Literally diamonds. Those dusty old corpses won't need their hourly viagra until 2030.
Lol the stock market went up by like 15% since he won or something like that. The big banks and holdings groups are wayyy up, same for tesla which just broke 1 trillion.
As it always does. In case you missed it all those things were hitting records all the way through Biden's 4 years.
It's a giant casino. And the only time real people feel it is when it crashes and suddenly shit costs way more than it did last week. It doesn't matter to anyone worth less than 8 or 9 figures.
Yes. I was agreeing with you in the first place.
What I love... what I really love... is that this happened during the administration of Trump's favorite president (other than himself), Andrew Jackson:
https://en.wikipedia.org/wiki/Tariff_of_Abominations
Hadn't heard of this one, thanks. Americans are pros at not learning from history.
I thought this part was particularly funny/familiar:
Edit: That article lead me to this one, which gave me a good chuckle. How quaint: https://en.wikipedia.org/wiki/Petticoat_affair
After further reading about Peggy Eaton's childhood, kind of a bummer. Also, John Eaton pulled a King David/Bethsheba on her first husband, quite literally... That's wild.
What a shithead. Literally sent him to fight pirates so he could bang the dude's wife hahah
So in your example, I guess the tariffs don’t apply to Canada? Because the proceeds of tariffs go to the government of the country charging them.
I'm not sure what you're asking. If you're referring to softwood lumber the profits of Canadian lumber companies were at record levels because the US needs Canadian softwood lumber with or without tarrifs. The tarrifs didn't affect sales at all so with the increased demand despite the tarrifs Canadian companies didn't suffer at all. US consumers spent more and the money went to the US government which presumably gave some of the money to uncompetitive US softwood lumber companies to subsides their unprofitable operations. It's a tax on US consumers.
Canadian softwood lumber companies pay a stumpage fee to sustainably harvest softwood on public land. US softwood lumber companies pay much higher prices to harvest lumber mostly on private land. It's all about extracting the highest profit for the most wealthy people. Canada has a better system and the US is salty about it. The US has lost at the WTO every time but refuses to accept the result so it ignores its treaty obligations and just forges ahead with the illegal tarrifs which hurt US consumers.
Good. I hope he does it. Don't let any of his yes-men or cronies tell him what a horrible idea it is. Let the whole fucking country burn.
Democrats, calling for deportations: Look at this disgusting tankie
This post is about tariffs.
...... what
The joke is twofold:
Democrats will stop calling for deportation when they see what kind of bottom line putting people in labor camps brings.
Where so you think American farmers buy their fertilizer? Where they sell most of their soy and corn sell to? Maaaaany companies are either buying or selling to/from China. Many will go bankrupt, bany will struggle.
China is strengthening ties with Russia to replace u.s trade, and it shows that Putin is laughing his ass off at how he played a whole country, other than his I mean
I hope Trump turns out to be the best president in history. Prove me wrong, conservatives. I want to hear how it's going by the fourth year.
Everyone who says he's not the best President ever will be shot.
I mean, what do you think? He announced that. Apparently this is what the US-Citizens want.
I had similar thoughts in 2016 when he had a first attempt, and it was a dumpster fire. I'm not optimistic this time around.
Dumpster Fire has evolved into a Garbage Dump Fire.
Fuck.
It hasn't even started yet and I know that I have 4 more years of this stupidity news ever single day
Oh wait
Since Trump will install himself as a dictator, then die, we have a few decades of couche fucker Vance to look forward to, yeeeiii
I'm not convinced we'll go even a single decade of this regime without total socioeconomic collapse.
The Hitler lasted from July 1932, and Hitler killed himself in April 1945 - 13 years.
Mussolini lasted from 1922 to his execution in 1945 - 23 years.
Stalin lasted 1924-1953 - 29 years.
Fascism inevitably implodes and crates untold suffering along the way, but you might have longer than you think.
The main difference is that in equal measure to being a fascist, Trump is an idiot.
Fascism and idiots - I couldn't name a more iconic duo - though I do agree with you point... Trump is exceptionally stupid, and has surrounded himself with gibbering idiots like Musk and RFK.
...that said, when Trump's heart inevitably explodes, Vance will almost certainly have competent (evil) advisors, and they'll get (horrible) shit done.
That’s all cool and nice, but let’s see what happens to the prices when Taiwan gets invaded.
Had
a friendan acquaintance of mine say that this wouldn't happen because "Trump hates China so he'll defend Taiwan" He'll also "support Israel so Iran won't get so uppity!" He also believes that whilst Ukraine is probably fucked, at least the war will be over.That's nice, isn't it?
Ah the poor soul! Having to hear about the Ukraine war!!! He's just too precious, how dare we inconvenience him by keep this in the news???
Even my girlfriend, who doesn't really do politics, turned to me and said "but surely Putin then just goes after his next target like Hitler did"
It's pretty telling when someone who struggles with politics in general understands it better than a guy who spent time in Afghanistan.
And that's exactly it. Putin has literally made no secret that he wants to take back, by force, every former SSR he can't force into CSTO. The Baltics, Moldova, Poland, Finland probably. Then south to Georgia, Armenia, and who knows where it'll stop - maybe he'll be dumb enough (and live long enough) to try to start Afghanistan War #4.
That's why he needs Trump to sabotage and get the U.S. to leave NATO. If he gets the U.S. out of there and convince Hungary/ Germany to slowly turn against Poland.. the odds slowly keep changing
Ah.. appeasement. Certainly that worked out for everybody involved.........
Neville Chamberlain.
No need to invade when their economy collapses internally and Beijing can step up to buy the whole island out from the bargain basement bin.
There's still the rest of the global electronics market
Good news for Korea and Japan, I guess
That’s fine, you’re all ok with American made laptops, right?
Do those exist? And what about all the internal components?
I believe the internals are all made from freedomite and it’s all a brand new design.
They're state of the art, made from the finest balsa wood!
Just like russian laptops. Except instead of being built like a tank they are built from toilet paper.
Does "designed in California" count?
I'm actually happy about no Chinese goods. It's probably the only thing I kinda agree with about Trump
Not just Chinese goods, but Chinese components. That cost will be passed on to the consumer. There are A LOT of things that aren’t made at all in the US. If you thought cost of living was high under Biden…
No. I'm absolutely sure that this was absolutely wreck the economy. However US manufacturing would finally be independent. I'm interested in this terrible experiment.
With how efforts have been going with getting US based semiconductor foundries up and attempts to replicate the quality and efficiency of TSMC, I think my old i7 920 will find decent value on the secondary market when the tariffs hit.
I'm involved in the manufacturing sector. At recent trade shows, we've been hearing that a lot of companies were holding off on making decisions about purchasing goods and machinery until after the election, though no one was saying much specifically about what each candidate would mean for their decisions. This article seems to say the outlook isn't super rosy and his initiatives don't make a ton of sense.
I’m in manufacturing within China. While I’m not American and don’t work with American companies. Lots of our supply chain has said there is high levels of uncertainty in projects. Projects have been on hold for months.
Seeing a stark void of "Fuck China" posts all of a sudden. Crazy what happens when the treat train gets held up at the border.
Fuuuuuuuck me I wanted a new PC & a new laptop. How much time do I have before this hits?!
New Ryzen 7 got released too. Looks cool
Things like this take a while to finalize, so you're good for now. Just wait until Black Friday to buy anything, since it's so soon and lots of computer stuff goes on sale.
FYI: companies will do 2 things to make black friday kinda suck these days
Prices will go up before black friday so they can have an exagerated sale/discount.
Some companies will make units specifically for black friday. Usually cheaper, less features, and sometimes less reliable.
Figure out what you want now.
It's before Black Friday now :P
Amazon show a "lowest price in 30 days" badge if the price is the lowest in the past 30 days, so companies that sell their products on Amazon will sometimes raise the price 30 days before Black Friday.
This has always been the case. Same with outlets - some items at outlet stores are specifically made to be sold at the outlet.
Used electronics go brrrrrr
Used electronics you already own goes brrr Used electronics for sale will go up in price, because the seller needs money to buy new electronics or maybe food
You guys buy new? In Putin Russia we make our own laptops from dishwashers!
Imported from Ukraine!More seriously, I use some i5-2700 desktop computer and just happy.
Yayyyy, right as Windows 10 is going EOL and Windows 11 doesn't work on BIOS systems we're seeing a big increase in prices!
Remember that you need a pretty new setup to get to run a windows OS that still receives updates. If we talk about computers that is.
Use linux.
I am almost there. I had so much problem with Linux on my server that i run back in the days that I said I never want to touch Linux again after last time i installed it. It broke a couple of years later and I knew I could not run windows but had read about Linux mint. Installed with no expectations and that was easier than windows. No problems, easy to config and I got everything to just work as I wish.
The step from going to Linux on my main computer is not far. I guess I will dual boot for a while since I play a lot of games and once I get accustomed to it I guess it will be my main. Fuck windows.
I hate this because for Europe it will become expensive too, just for the heck of it.
Do his tariffs affect exports to the EU as well? Idk economics and I wanna buy a Framework laprop next year
If country A sells most of an export to country B and country B makes it harder for country A to sell to country B, country A may raise prices for countries C, D and E to make up for the losses caused by country B.
So what I'm hearing is, we should all be very mad with the Americans?
A bit over a half of them, yeah. (I do realise that voters aren't 100% of the population but)
Eligible voters that chose not to, were they just fine either way?
Yeah those fuckers would be included, which is why the figure doesn't work but also getting too pedantic would make it far less quippy, so...
Could country A try to decrease exports to country B and increase exports to country C, D, and E, perhaps by lowering the cost in C, D, and E?
I don't have any evidence for, and this document is just too long for me to read at this late hour. [IMF - Macroeconomic Consequences of Tariffs](Macroeconomic Consequences of Tariffs. https://www.imf.org/-/media/Files/Publications/WP/2019/wp1909.ashx)
Yeah, I'd think they're going to produce what they are going to produce and will adjust allocation and prices to accommodate the demand change in the tariff country.
As someone who works for a large US-based company, we are locking in large contracts ASAP for compute power to hopefully keep us sated and avoid these from being an extinction event. We were already discussing some vendors not offering supply contracts already because they see the writing on the wall for their own profit margins
TIL, lots of Trumps voters don’t even know how tariffs work and thought the foreign companies are the one who paid those instead of the domestic buyers themselves.
Even if, did they think prices would just stay the same? Tariffs only work if production is moved back home, which for many industries won't happen, which means costs will be passed on to consumers.
Also, the costs would still be passed on to consumers even if the production was moved back home, because it will cost more in general. And gotta keep those profit margins up.
Doesn't matter who the tax is levied against. All costs will be passed on to the buyer. They should be familiar with this idea. It's the Republican's key talking point against business taxes.
Rich get richer, poor people suffer. Americans are so f dumb i cant take it
something about leopards and faces
Isn't this exactly what Trump said Harris was gonna do and that he was gonna not do?
Vincent
yooooo name twinsies!
Its a shame I don't have enough for solar yet. If you get it now its like getting a free battery if they are all getting a 40% hike. Probably gonna get rid of the tax incentive too cause the rich need it more too right?!
Probably worth financing it. What you lose in interest costs will probably be worth it if these tariffs go through.
You aren't wrong but my goals to pay off my car loan first and that should be done in a year. Sucky timing I guess.
Because isolationism has worked out so splendidly for us in the past. Fuck this country.
So we're going to put tariffs on things where there aren't even domestically-sourced options? WTF?
That's the point of tariffs...to give domestic supply a shot.
It's stupid and short-sighted in a modern economy. It's not worth it for any manufacturer to shut down existing mega factories and build new ones here. They won't find enough people to do the jobs (especially if we deport/denaturalize a ton of people) and the costs and re-investments are huge.
Plus the only places that are left to build giant factories are distant from population centers. And I doubt there will be mass transit into them. So more pollution from personal transportation. And more pollution from local factories. Ripping the EPA to shreds will help with that, and that's a part of agenda 47.
And you just know the ones that choose to come and build here are gonna get really nice tax breaks to do so, so there won't be any real return for the community for a long time, if ever.
The end result is either they pass the costs into consumers, or they cut costs by laying off their expensive state-side employees and moving their positions abroad. American middle-class loses bigly either way.
The natural destination of the US is a giant for-profit prison that leases convicts to businesses.
You're forgetting about eminent domain. Clearly, giant factory on American soil is a public good, even if it's privately owned. Hence, the government will seize the homes and give the land to the corp. The prices of the houses will fall first, because who wants to buy a house that's going to get bulldozed, reducing the compensation the government has to pay to the homeowners, potentially causing them to be upside down on their mortgages. This will leave them with nothing, or potentially even debt, when their homes get sized.
Domestic supply of what ?
That's exactly the problem. We don't, and in many places can't, make things here.
A lot has to do with access to resources. China is dominating in electronics in part because they essentially (but not really) colonized most the world that has good silicon.
But moving manufacturing around the world, to a place where literally everything is more expensive, is an costly endeavor that simply won't be worth it for most businesses.
Isn't thwre a single one RISC-V capable production line in the US? Imagine if Apple starts their own chip production.
There's a reason TSMC does most of the world's chip fabrication.
It's complex and extremely expensive. Standing up a fab, in America no less, capable of handling Apple's demand would be an astronomically expensive feat. Apple would never do this while TSMC is still an option. Even after the tariffs it would still probably be cheaper to use TSMC.
Also let's be honest, unless the tariff is applied to everyone it's gonna be cheaper to use another country as a middleman to trade with with China.
There are throngs of people already at work to find out how to gouge consumers by blaming tariffs without actually paying any.
TSMC is for bleeding edge chip. 10nm and above are produced everywhere. Mostly 28nm, since it is the cheapest. It won't be easy to build 5nm fabs but I bet still doable.
Apple would probably produce ARM chips. They wouldn't want to change architecture again so soon.
I’m upgrading to 9800x3d now so I should be set until the end of Trump’s presidency.
I'm on a 5800x3d, pretty set right now, but that's a good point...
The world will be split between countries that trade freely with China and countries that don't.
This will be the test and control for whether trading with China is good or bad.
Turns out it's bad, but since we all moved our industry there. Well shits fucked.
Other countries are reporting different and positive results. I think this is the kind of thing that we will see the outcome of decades later. It will be interesting to see how much of the perceived negative impact is due to ingrained racism and xenophobia especially in the West.
Should I buy a new phone now instead of waiting until next October?
Theoretically Samsung and Taiwanese phones won't be hit bad.
Pixel is Chinese right?
If I'm not mistaken it depends on the precise model. Cause they contract manufacturing out to more than one place.
Implying I could afford that shit in the first place 🤡
So much for building that new desktop.
You've got a couple months...
Might have the time, but not the money.
Everyone's gonna start coming to Canada to buy electronics like they do medicine
Here's article: https://www.tomshardware.com/news/trump-tariffs-increase-laptop-electronics-prices
No more computers for you!
I'm european lol
China loosing USA as a buyer would mean raising prices for other countries to make up for the loss.
Gods I hope people stop buying useless crap every other week then and production slows down and then 'maybe' we can enjoy a somewhat better climate before things get worse.
That might be most efficient enviromental law. But please ban cars in cities first.
Another proof that capitalism doesn't work. Or rather work as intended, but not by us.
I really hope my job at an MSP is effected, but it probably will be. I hope we stay in business...
At some point it becomes easier to just travel to places to buy your gpus and such. When I was in Singapore, their prices on electronics were both good and compatible with my own stuff. I visit there to see an old MMO friend and it's just... Closer to the source, I guess.
It sucks the prices will go up, and I'm not saying I want this but I feel like they would go up higher than this based on what he said.
I'm not sure what's worse. the fact you can understand the incoherence or that you believed any of it.
Oh no, what will I ever do if I can't keep buying stuff I dont need.
"Americans might have trouble expressing greedy tendencies under a Trump presidency."
The entitlement of americans is absurd. Palestinian children are killed with made in america bombs while our population weeps over its loss of made in china electronics.
Clearly the american dream is dead if you can't replace your computer every year.
Your post right there? That's one of the reasons Harris lost.
Of course people (not just Americans) are selfish. Doesn't matter if it's good or not, that's just the factual truth. The Republicans knew how to work with that, by selling the voters a solution to the things that actually interested them. That's also what helped Obama ("Hope", though a bit vague) and Bill Clinton ("It's the economy, stupid") get elected (Yes, it also didn't hurt that they were rock stars). Now the Democrats are perceived not only as a party that's not willing to work on issues that concern them, but as actually criticizing them for wanting what they want.
Trump's not going to need to apply tarifs.
Biden has both Russia and China on the back foot with failing economies, and significant social unrest. Both are desperate to make a deal with Trump. Trump only succeeds in negotiation when he can bully his adversary.
If Biden had the faculties, he could have whipped both countries and probably avoided this mess.
Holy cope
Actually, I am really removed from the US domestic situation, and only impacted by the US foreign policy situation.
I'm just trying to point out that he can use his threats to get what he wants, which is the only tactic that he actually knows how to do. Unless he got smarter since his last tern.
The US has been losing its global grip. Especially since the genocide in Gaza the entire global south has fled to align with China.
In the past the US had power to sanction countries such as Afghanistan to their doom. Now those countries have the option to align with China and Russia. The era of western dominance is not growing. It is weakening.
Trump whipped Mexico really well into paying for that wall.
Trump just talks a bunch of shit lol. That's actually why he won. Because he promised everything to everyone. He doesn't have any real plans other than those related to genitals and immigrants. He never backs it up with any evidence either
Trump negotiated really well with Foxconn too. Remember that 10 billion factory they were gonna build thanks to Trump?
In fact, I'm actually willing to bet petrol prices and power prices will increase too. Because suddenly, batteries and solar have less competition and even if manufacturered in US, they can raise their prices
It's just really dumb 😂
Trump talks shit, and he's weak at taking action. That is my point. Here he can likely get away with talking shit, and his opponents will cave.
The wall was bs, but he did get nafta renegotiated by bullying.
He's got a good chance at coming out of RU and CN negotiations looking good, despite not doing anything.
He's nothing but a bully, which might actually work here. If it does, then the authoritarians shithawks are going to look really good.