Trump is basically a sad fat kid in a classroom that just cries and screams when shit doesn’t go his way and then ruins everything for everyone else.
Ah yes. Our sworn enemy: Taiwan.
It would be comical if it wasn’t so sad.
Trump is on china’s side. Make no mistake he like their way of doing things.
Trump had to tariff someone or else he was going to look stupid for never shutting up about tarrifs.
He’s going, or is, senil. The tariffs are just something that got into his head that are simple to understand.
he is going, or is, senile
How the hell we’ll be able to tell
Did you see the vid where he thinks Spain is the S in BRICS?!
🤡
He’s probably has had dementia for a while, that’s where his lean and dumptruck ass come from.
https://miro.medium.com/v2/resize:fit:974/1*6-MPRi55oBECO6mrZEQfAg.png
Wat
Surely this will bring egg prices down.
lol is he even trying to hide being a Russian puppet anymore?
Lol, I’d love to watch everyone in the US paying triple for literally anything that has electronics in it.
If Trump then wants to build chips in the US, good luck. ASML is the only one with the machines, first of all, and by the time he can buy those, something tells me they might have some extra tarifs added to them, and then paying US salaries for electronics would skyrocket prices to people having to pay four-five times the amount of what they’re paying now.
Not saying that the near slavery conditions in Asia are fine, that should have changed decades ago, but the way trump is doing this is hilarious, people will want his head on a plattee
iirc the machines that TSMC uses are made in Holland right when he’s also apparently doing his best to piss of Europe, even then there’s like a decade long order backlog.
Wildly bad ideas at exactly the right time in history to do the most damage.
Trump is going to use Tariffs to try to offset making larger tax cuts for the wealthy.
It’s better that he does this now so that we have a solid recent example to point to of how this will impact what we pay for goods.
Never mind we have 100 years of data backing this up, people are idiots and won’t recognize the treat until it hurts them directly.
To be fair, we mostly have examples of how free trade reduces prices. But this reduction in prices usually wasn’t instantaneous and perceivable by ordinary folks. Because corporations wouldn’t hand out the savings to consumers until the very slow market force of competition forced them to. Tariffs will make everything more expensive and even if they are eventually culled, stuff will not become suddenly cheap again.
I agree, I doubt very much that price savings for any reduction in Tariffs will be passed onto the consumer. However any increase in Tariffs will immediately be felt.
I’d rather see an increase in a single sector such as microchips to show the public the costs of Trump’s plan in real modern dollars to help build opposition. Than wait until he pushes an across the board Tariff. Which would likely result in a stagflation for the population at large.
In a way I’m glad he’s doing this. He’s going to inflect so much pain that he loses in a landslide in four or 8 years or whatever. If income tax rates are 0, then a new administration would be able to set them as high as they want without consideration of trying to increase them by 2 percent or whatever they do now.
I agree I’d rather Trump shit the bed hard and early so we can contain the damage and show the public at large what his policies will really do to them.
But Tariffs will never be enough to offset income tax completely. I think he is going to use Tariffs to offset renewing his tax cuts for the wealthy. There are a good number of house republicans who will not go along with tax cuts if it increases the deficit. Revenue from tariffs would give him enough cover to placate those Republicans while directly pushing the cost onto US consumers who are primarily lower and middle classes.
Even after 4 years when he is out of office and the next administration reduces those tariffs and goes back to a progressive tax system. Even reducing those tariffs then will never bring prices down. Companies will never pass those savings entirely to the consumer they will pocket the money and everyone else will be screwed.
And they’re not even trying to create American jobs with this crap. The CHIPS Act is paired with a “chipmaker’s visa,” which intends to import cheap labor from Taiwan to work the US chip factories.
Trump still loves H1B slaves like all billionaires so it’s fine
You’re not wrong, but the Dems are in on this, too. They were pushing the same chipmaker’s visa when they had the reigns, so I wouldn’t count on them helping.
They are also billionaire’s stooges. They’re just the “good cop” part of the arrangement. When we politely accept their domination rather than rebelliously accept their domination. Those are the only two choices.
thats one way to make sure openai can stay competitive
China I get, but Taiwan ? It’s literally a US-proxy state
I mean Puerto Rico is literally part of the US and that doesn’t seem to matter for them…
I’m sure that orange fuck will try to sell it to “beautiful” president Xi, or to clean it out to stop the conflict, or something like that, that bubbles up in his senile demented brain.
What a goddamn dumb fuck
Awesome. More availability for the rest of us.
You mean we finally can get a gpu?
Best I can do is a GPU box with a rock in it
Wait until his voters see their toy prices flying up
They will say that was the work of the democrates as a last ‘fuck you’.
His voters seem to think it’s Taiwan that pays the tariffs.
Can’t wait to start putting Trump “I DID THAT!” stickers next to $5000 walmart laptops
But that would be low!
And really the president doesn’t have the power to set prices. Trump can’t magically make eggs cheaper! And so on. Chatgpt what is the best open source open hardware guillotine plans?He doesn’t have the ability to directly set prices, no. He could massively subsidise things he wants to be cheaper. Do you think that’s going to happen though?
But that wouldn’t make billions of chicken appear into existence. The eggs would be cheaper and there would shortsges.
I’m sorry, I’m not sure I’m following your train of thought…
Are there currently egg shortages? Subsidising something doesn’t mean there’s less of it, means the government pays someone in the production stream to keep prices low. Like what happens with gasoline just about everywhere.
The official story is they killed 100 nillion chicken due to bird flu. This caused a shortage of eggs, the shortage caused the price to raise until it was so high they became unaffordable to some people.
my tamagotchi 😢
So where is the US going to get its chips from then tax TMSC makes over 90% of chips?
TSMC was supposed to open a plant in the US, but apparently that takes a bit of time to get running.
I thought the US FAB was also going to be a generation behind?
Correct. Taiwan considers it a matter of national security to never allow their best processes to be exported. That monopoly is why Taiwan still exists.
That was interesting but it didnt talk about the export ban. It was more like an overview of the Taiwanese economy and how the chip industry relates to it.
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