The world reacts to Trump's sweeping tariffs: 'No basis in logic'
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You can't just flip a switch to have manufacturing moved to the United States overnight or even five years. Not to mention that even raw goods needed to even start the process that are being tarriffed like aluminum just doesn't come out of nowhere. This is a dumb sledgehammer approach that's going break more things than it fixes
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Yes, boomers are responsible for what they did when they were young.
We're responsible for what we do when we are young.
Like it or not, it's a lot easier to manipulate young people into spending their money than it is older people. This is directly related to the concept of consumerism and how the powers that b have convinced yet another generation to follow in their parent's footsteps of "those who have more deserve more, and those who have less deserve less."
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Not really.
Corporations aren't going to be making billions of dollars off of, say Photoshop, if copyright and patents laws didn't exist.
Same goes for hollywood movies.
You're peddling rhetoric that was put here by your oppressors so you will work against your own interests. Congratulations.
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or something ultra specific that is super easy to source from any other country, to exclusively hurt the american businesses
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I don't buy that Trump has anything to do with the logic behind this world-destabalizing shock and awe spectacle.
The conversation would be different if people stopped attributing authorship to him and acknowledged the massive decades-old machine using him as a mouthpiece.
But it sure makes people feel smart though. Gives them something to meme about while the people who planned this get the real dirt done. Maybe he'll misspell a country name next... Do another ad for Leon's dinkeys, Israeli beans or something. Stoopid Donald got poopy pance. lol.
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Don't worry, they are working on removing those as well.
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It is always someone else who is at fault for Trump except Trump himself, the Republicans, and people like you who didn't vote.
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D-bag works well enough for my purposes
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Maybe calculated tariffs on commodities where companies are contemplating outsourcing, but that's a step you take in advance in order to dissuade their action. This is like making the whole school sit with their heads down through recess because one specific kid was unruly.
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they have it hard enough already without tarrifs. wasn't it last year or the year before where an entire colony of emperor penguins had every single chick die that breeding season? that's extremely sad. but sure, hit 'em with tarrifs too, why not
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it's not really arguing if you're not making a point though, is it? it's just insulting people and refusing to explain why. that's not the same thing as arguing.
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Realistically, it's the fault of people voting for shitty candidates. That's not a matter of opinion, but of fact.
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or something ultra specific that is super easy to source from any other country, to exclusively hurt the american businesses
That was part of what went into how Canada chose the targets of out first rounds of counter-tariffs.
Product categories that we also make here, or can easily get elsewhere or can comfortably do without for an extended period of time.
That combined with a consumer led boycott of anything "made in the USA " and even staunch Republicans like Mitch McConnell are starting to push back against Trump.
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The UK already shot themselves in the foot turning their back on the EU... they have no one left, they are done for
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That whole story assumes the population of the USA will continue to have the capacity to buy stuff... this assumption is ever less likely as the USA is heading into the worst recession they have ever experienced
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I saw someone say it seems that the tariffs were calculated by dividing our trade deficit by their exports to us and cutting that number in half. Another person analyzed his charts and concluded they look a lot like they were generated by AI.
So, there is, literally no basis in logic. Either one of Trump's minions calculated what it would take to recoup the difference in the trade deficit and just wrote it down and he announced that as the new basis for international trade, which has never, ever been done, for the reason that it is fucking idiotic, or he asked Gemini how to execute his already objectively stupid policy and wrote an Executive Order making it the law.
And the fact that we are forced to accept people on the Internet's guesses about how he calculated these numbers may actually be worse than the fact that just about every product on the market more complex than a stapler just jumped about 30% in price.
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"I'm too smart to deal with the likes of you."
Riding that dunning-krueger curve like a pro fucking surfer.
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Someone needs to create plugins not to block data being sent, but to send inordinate amounts of trash data.
Make the whole system pointless.
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I think you're kind of being unfairly downvoted because it's definitely underappreciated how much tariffs are used in modern trade deals.
Putting selective import tariffs on certain goods (like say car manufacturing) might be a wise move if you want to encourage the US to develop a manufacturing base. It's worth noting that the US, and most other countries have been doing this selectively for years.
This is reeeaally far from the tariffs that have actually been anounced though, which are the highest rate the US has had in around 100 years, and applied pretty indescriminately. There are some goods that the US just can't produce itself (like certain rare earth minerals that aren't in the USA) but even worse, because of the insane logic of applying them to countries as they have been done, it opens up this type of event:
- A comany like Apple might assemble laptops in the US, but import parts like chips from, say, China.
- They now have around a 40% tariff on all chips, which is really going to drive up cost, and leaves them with two options.
- Option one, they bring all manufacturing into the US, which would take a long time to build up the infrastructure, and still really ramp up the price because wages in the US are so much higher than they are in China
- Option two, they outsource everything to say Mexico or Canada who don't pay the tariffs on Chinese chips, and just pay the wholesale import tariffs are needed to bring things from Mexico/Canada to the US. They also get to skip out all the reciprocal tariffs that other countries are placing on the US in retaliation for the recently announces ones when they import out to, say, Europe.
Even option one is bad, because Apple might sell laptops internally, but the newly increased price makes them super uncompetitive with rival firms overseas, so it might still lead to a loss in overall jobs for US workers.
I'm not pretending this doesn't suck - but US based international companies like Apple have a clear incentive to just forgoe the US as much as possible now. This kind of risk is why countries have traditionally been very conservative with changing tariffs.
I think you're probably right that there might be an argument for countries to be less conservative than they have been, but the US government just cranked up the dial from 0 to 11 and we're all about to find out what that might look like in real time.