Oh man you guys are gonna have to play games on small monitors how sad
Everyone’s gonna start coming to Canada to buy electronics like they do medicine
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.
So we’re going to put tariffs on things where there aren’t even domestically-sourced options? WTF?
Should I buy a new phone now instead of waiting until next October?
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
… what
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.
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
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.
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 😂
Holy cope
Because isolationism has worked out so splendidly for us in the past. Fuck this country.
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…
Can someone please explain to me why he STILL doesn’t have any understanding of how tarrifs work?
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.
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.
I really hope my job at an MSP is effected, but it probably will be. I hope we stay in business…
Fuuuuuuuck me I wanted a new PC & a new laptop. How much time do I have before this hits?!
My phone was on its way out so I got something with better translation features and support for my move to Germany. Was it expensive? Yes. Is it less expensive than it will be? Also yes.
I wouldn’t be surprised if this causes scalpers to start hoarding goods again like they did during the pandemic. Artificial scarcity but still cheaper than the official price on Amazon or whatever.
Companies are pre-buying goods and laying off workers already, so why wouldn’t the citizenry?
Just so you know: Germany’s government basically imploded yesterday. Has been a long time coming, really.
Also, if you move to any of the big cities (FFM, Hamburg, Bremen, Berlin) you won’t need to speak German.
I’m aware. Been following that as well. I still trust Germany more than I trust the USA. I unfortunately can’t really move to one of the larger cities as it’s pretty cost prohibitive until my wife could find a job. We are going to live in a less populated town for a while and ramp up culturally and see how everything goes. She speaks Spanish fluently, so we may end up in Spain after some time. It’s hard to say.
New Ryzen 7 got released too. Looks cool
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.
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.
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’s that damn reality that needs to be punished. Stupid facts and laws of economics making Trump look worse than he is.
