Trump says he will introduce 25% tariffs on autos, pharmaceuticals and chips.
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The factory TSMC opened in the USA was mostly staffed with workers from Taiwan, because Americans won't work 996.
It also only makes dies (the functional part of the IC), that still have to be exported to Taiwan for packaging.
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Do they have 996 in Taiwan? I thought that was just the PRC?
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all of asia works stupid long hours
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You know, just things that nobody really needs to begin with, right?
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When a quarter of the most qualified engineers to make the stuff and a lot of the cheap manual labor are immigrants and you do a campaign against immigrants so they leave, maybe you don't have enough people left to to create local production.
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Japan, Korea, Taiwan and China are not all of Asia. All of East Asia perhaps.
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996? PRC?
You mean 007?
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Anyone who thinks we're not heading for a deep, deep recession is deluding themselves
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Potato chips are already overpriced!
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correct that's what I meant to say thank you
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That's covered in "lol"
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We don't manufacture cars in the United States we assemble them. Most of the parts for cars are made outside of the states. Mainly in China.
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I was at a hibachi place in December and one of the managers was trying to light a candle. The lighter didn't work and he made a joke that it "must be made in China. It'll cost 25% more soon!" A guy at the table said "well you'll just need to buy one made in Pennsylvania!"
I asked him if he knew of any companies that manufactured disposable lighters in Pennsylvania, and he just said "Trump will make it happen!"
The disconnect is crazy.
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But hey, at least we have bird flu infested eggs
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That’s how Twitter is run
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So, Americans will need to pay ~25% extra for cars, medicines and gadgets? Smells like inflation.
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Really thought they'd grow their own potatoes.
Guess there will be a market in importing whole ones, and cutting them up there.
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You forgot your sarcasm tag
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tariffs are just a tax on the plebs. more money for them to funnel into billionaire pockets.
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Shipping over water is actually pretty green, since they have huge ships carrying a bunch of containers with relatively little energy.
Building new factories in the States will create a lot more pollution. Concrete is the opposite of green.
