So glad I built my pc last fall. Fuck all this bullshit and everyone that voted for it.
Or didnt vote against it
How surprising is this really, considering we’re still paying COVID-inflated prices for most things after COVID came and went, and was gone, and is still gone, and it’s a couple years later and it’s fucking gone.
Ok. The bottom line is, either it “won’t do all that much”-- meaning it won’t affect prices, it won’t affect the economy, it’ll be basically useless–or it will be disastrously expensive for ordinary people. There is no other option. The “disastrously expensive for ordinary people” is the only thing that will cause any amount of the change Trump promises: it’s the mechanism by which the plan operates.
There is no option where companies just eat the tariff costs, or countries pay them. Maybe a few scattered companies and countries do, but by and large, not a chance.
Every country in the world needs all the other countries more than all of the other countries need it. There’s just no real leverage, because we’re all interconnected; you can snip one country out, and it’ll slightly hurt everyone, but it’ll wreck the country that was snipped out.
because we’re all interconnected; you can snip one country out, and it’ll slightly hurt everyone, but it’ll wreck the country that was snipped out
Conservatives will NEVER understand this.
They will if the conservative media machine falls apart and they start actually seeing reality.
It’s possible…someday…maybe…
Every country in the world needs all the other countries more than all of the other countries need it. There’s just no real leverage, because we’re all interconnected; you can snip one country out, and it’ll slightly hurt everyone, but it’ll *wreck* the country that was snipped out.
This is just such an absolutely perfect summary. I wish we could American politicians to speak this clearly to explain why this is such a bad idea.
You’re very kind, thank you.
Guys, as a European, does this only affects servers and hardware built in the US right? Isn’t most of it built in china and owned by US companies? So it’s literally only the US this will affect?
Pretty much. Everyone else will be able to trade with the east and southeast Asian countries business as usual. Maybe even more now that the US is making themselves less price competitive. The bad thing for the EU could be the drop in sales to the US not being replaced fast enough outside of the US leading to squeezing existing customers for more cash or possibly some businesses failing
I’m already seeing some huge increases on ic chips online here…
