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
It’s going to impact American consumers a hell of a lot more.
Came here to say that. Americans pay the tarrifs. He’s raising prices for American consumers.
Is America great yet?
Has it ever been?
There has been a lot of greatness in US, but the people fighting the good fights seem to be losing right now. Just slowly, a little year by year. Hopefully this a kick in the pants too fucking far and we wake the fuck up and see we have to actually do something about it.
Maybe if that happens, computer parts won’t get a huge markup here in Japan anymore in that … ah, who am I kidding; they’ll still gouge us.
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.
Surely this will bring egg prices down.
lol is he even trying to hide being a Russian puppet anymore?
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.
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.
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.
The grift is obvious for anyone paying attention but a lot of his base doesn’t realize that they pay almost no tax because of credits and deductions. Tariffs will hit the working class hard.
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.
Wildly bad ideas at exactly the right time in history to do the most damage.
It does not make any sense
That’s because syphilis hasn’t mushed your brain
Gosh Tim. How is that million dollar personal contribution
directly into Trump’s pocketto Trump’s inauguration fund working out for you?Wat
In the end, only the customer pays extras.
Trumpets cannot comprehend this
They will first go “I don’t buy those damn consoles and gamer PCs every few years”, then find out once their new iPhones will be much more expensive…
They seem to like cars a lot. Remember when there was a car shortage because chip manufacturing froze during Covid?
Issue with that, they would love to have “chipless” cars they can repair with a screwdriver and a wrench.
Everything will be more expensive, if it uses a modern CPU. Phones, tablets, computers of any type from any company (both Intel and AMD are fabbing consumer CPUs on TSMC, as is Apple and Qualcomm), TVs, set top boxes, everything.
Right now TSMC is basically the only fab anything consumer-facing is made on, which is not a great thing in general, but vice president trump just decided that anything electronic needs a hefty price hike.
And remember, once the price goes up, it rarely goes down. Even after the tariffs reverted in the future.
There was a time…
He emphasized that the proposed tariffs would leave companies with no choice but to invest in domestic production facilities to avoid high taxes.
No choice except the obvious: Pass the cost of the Tax into the customer because there’s no way they’re going to spend billions to stand up a US fab plant anytime soon.
More so when these plants take 10 years to build. They will pass along the cost and just wait him out.
No choice except the obvious: Pass the cost of the Tax into the customer because there’s no way they’re going to spend billions to stand up a US fab plant anytime soon.
TSMC is standing up fabs in the US, mostly because we’re bribing them to do so.
The problem is that it takes literal years to build high tech manufacturing and isn’t something you can yank out of your ass to satisfy some idiot politician.
By Taiwanese law, TSMC isn’t allowed to move cutting edge processes to its US plant. The overseas operations have to be at least one gen behind.
From a strategic point of view, it makes sense for the Taiwan government to do this. They don’t want the US to suck them dry then cut a deal with the mainland.
I mean, it’s economic blackmail: we won’t build the good shit anywhere else, so if you don’t protect us, you get nothing.
Effective, but only if you’re dealing with someone who is rational, and, well, have you seen the brain-worm oligarchs in charge of the US lately?
For Taiwan, it’s a matter of survival, plain and simple. They’re not going to give up their monopoly because without it they cease to exist. It does not matter how irrational the person they’re dealing with is, because for them this is life and death, literally. TSMC is the single biggest national security asset they have.
Also, because these investments are long-term when the tariffs are likely to only be short term.
That’s just how tariffs work. They’re not a weapon against enemy nations. They’re a tax on Americans.
And nobody is going to bring production back to this fascist slave pen of a country.
Yeah but what corporation is going to think of the obvious solution?
Oh man, Trump…I had this thing I wanted to give you…where did I put it…oh yeah…🖕
Is that Roman salute?
Looks like an American salute to me.
One finger victory salute
OP needs a second to make it American.
lol I’ve always heard it as the sailor salute
Awesome! Send them to Canada, we can build data centres and sell the cloud services back to Americans powered by the electricity that we expect to be tarriffed, and cooled by the water we won’t sell.
Or Mexico! We’re already on it. Sheinbaum is working to get a chip manufacturing plant up in Guadalajara. Exciting stuff, honestly.
Mexico isnt about to replace TSMCs capabilities.
I didn’t say that.
Make the chips in Guadalajara, ship them out of Puerto Vallarta to Vancouver to power server farms in Surrey; cut the US out entirely.
Hell, use the waste heat to power hot water heaters or something. It blows my mind that we don’t do more cloud computing in cold environments. The servers produce heat, the people need heat, solve one problem with another. Instead we seem to be putting them in the driest and hottest climates available.
Indeed. My Alienware doubles as a space heater in my north facing office.
