• sp3ctr4l
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    15 days ago

    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.

    • snooggums
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      14915 days ago

      Bold of you to assune they won’t just blame Dems because it isn’t like reality matters.

      • r00ty
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        8715 days ago

        20 years into the trump dynasty dictatorship, they will still be saying “thanks Biden” to every financial inconvenience.

      • sp3ctr4l
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        2515 days ago

        I just said they would freak out.

        Who they end up blaming is between them and their god emperor, I guess.

      • @[email protected]
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        -915 days ago

        Fuck the dems, too. Less people voted this election, than the last election. People didn’t bother to go vote that should have.

    • @[email protected]
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      4815 days ago

      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

        • @[email protected]
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          1815 days ago

          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

    • macniel
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      4115 days ago

      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!?

      • TuxOP
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        15 days ago

        Good luck spending 3000$+ on RTX 5090 graphics brick

          • @[email protected]
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            614 days ago

            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.

          • sp3ctr4l
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            2115 days ago

            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.

    • ohellidk
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      15 days ago

      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.

    • @[email protected]
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      715 days ago

      This post is my reminder that I should probably upgrade my graphics card this December, rather than waiting for any other time.

      • @[email protected]
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        215 days ago

        I guess there will be many people thinking that, driving up demand->increasing prices before any tariffs even exist.

    • @[email protected]
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      214 days ago

      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.

    • @[email protected]
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      114 days ago

      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

  • @[email protected]
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    8815 days ago

    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.

    • Rob Bos
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      3615 days ago

      They’ll still have to pay the tariff when crossing the border back to the USA, unless they want to risk smuggling it.

      • @[email protected]
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        2115 days ago

        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.

        • @[email protected]
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          1515 days ago

          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.

          • @[email protected]
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            15 days ago

            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.

      • @[email protected]
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        1115 days ago

        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

        • @[email protected]
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          15 days ago

          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?

  • @[email protected]
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    15 days ago

    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.

    • @[email protected]
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      2115 days ago

      He will just give out stimulus checks to make everyone think the economy is good. Somehow that’s not socialism though it’s American!

      • @[email protected]
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        1015 days ago

        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.

    • @[email protected]
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      1615 days ago

      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.

  • @[email protected]
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    4115 days ago

    Any reason for the unnecessary outlining and underlining instead of just cropping the picture decently? Ffs

  • @[email protected]
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    3715 days ago

    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.”

    • @[email protected]
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      4315 days ago

      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.

      • @[email protected]
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        15 days ago

        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.

        • @[email protected]
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          214 days ago

          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

        • @[email protected]
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          215 days ago

          There are chinese tractor companies? I only know US, Italian, French or German tractor companies.

          • @[email protected]
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            314 days ago

            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.

        • @[email protected]
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          -114 days ago

          And a tariff on it will increase the price, because that is just how economics works.

          this is not very scientific.

          • @[email protected]
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            14 days ago

            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

          • @[email protected]
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            314 days ago

            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.

    • toomanypancakes
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      3215 days ago

      Just be sure to remind him at every opportunity that he voted for things to be more expensive.

        • @[email protected]
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          114 days ago

          Three different ways trump has promised to his effective income

          1. Tariffs - prices directly go up
          2. Income taxes will be raised unless he’s in the 1%
          3. Mass Deportation will make food more expensive because there won’t be any Latinos to pick crops.
    • @[email protected]
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      2215 days ago

      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.

        • Lemminary
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          415 days ago

          While I mostly agree, but let’s not underestimate Chinese education and the culture built around overachieving.

          • @[email protected]
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            415 days ago

            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

        • @[email protected]
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          114 days ago

          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.

      • @[email protected]
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        1615 days ago

        Current import price: 80

        Current USA made price: 100

        Tariff import price: 200

        Tariff USA made price: 190

    • @[email protected]
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      215 days ago

      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.

      • @[email protected]
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        315 days ago

        It will take more than 4 years to move much of anything to the US. Will anyone think it’s worth it?

  • Maple Engineer
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    14 days ago

    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.

      • @[email protected]
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        814 days ago

        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.

        • @[email protected]
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          214 days ago

          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.

          • @[email protected]
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            113 days ago

            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.

      • @[email protected]
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        13 days ago

        Hadn’t heard of this one, thanks. Americans are pros at not learning from history.

        I thought this part was particularly funny/familiar:

        It was a bill designed to fail in Congress because it was seen by free trade supporters as hurting both industry and farming, but it passed anyway.

        Edit: That article lead me to this one, which gave me a good chuckle. How quaint: https://en.wikipedia.org/wiki/Petticoat_affair

        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

    • @[email protected]
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      114 days ago

      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.

      • Maple Engineer
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        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.

  • Lord Wiggle
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    3114 days ago

    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.

    • @[email protected]
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      14 days ago

      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

  • @[email protected]
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    3114 days ago

    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.

  • @[email protected]
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    2915 days ago

    That’s all cool and nice, but let’s see what happens to the prices when Taiwan gets invaded.

    • IndiBrony
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      15 days ago

      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?

      • @[email protected]
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        1315 days ago

        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???

        • IndiBrony
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          2815 days ago

          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.

          • @[email protected]
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            1115 days ago

            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.

            • @[email protected]
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              315 days ago

              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

          • macniel
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            715 days ago

            Ah… appeasement. Certainly that worked out for everybody involved…

    • @[email protected]
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      015 days ago

      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.

  • Lemminary
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    2815 days ago

    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.

    • Roflmasterbigpimp
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      15 days ago

      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.

      • @[email protected]
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        514 days ago

        It’s that damn reality that needs to be punished. Stupid facts and laws of economics making Trump look worse than he is.

    • @[email protected]
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      1715 days ago

      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.

  • Phoenixz
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    2814 days ago

    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

    • @[email protected]
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      1014 days ago

      I’m not convinced we’ll go even a single decade of this regime without total socioeconomic collapse.

      • @[email protected]
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        714 days ago

        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.

          • @[email protected]
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            614 days ago

            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.

    • @[email protected]
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      2215 days ago

      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.

  • @[email protected]
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    2615 days ago

    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.