Bernstein Posits That A 10 Percent Baseline US Tariff On Raw Semiconductors Is "Not Going To Do All That Much," But PCs, Servers, And Smartphones Are About To Get Pricier By ~40 Percent
-
I agree with most of that.
The thing is, other countries don't want to see a slowdown in trade, so there's absolutely a chance that they'll be more willing to make deals with the US in exchange for reduced tariffs. In the short term (again, like you said, could be years), there will be reduced demand, which will hurt markets, and I wouldn't be surprised if conservatives get slammed in elections in the next 2-3 years since the pain will likely still be fresh. I don't trust Trump to actually make those deals though, especially since so many other countries seem to hate him.
We'll see though. It's going to suck if he sticks to his guns and keeps tariffs going in his apparent plan to revitalize US industrial capacity. I'm not sure why we want that, but that seems to be what he wants.
-
Yeah, the US has a lot of economic weight to swing around, but the world has also spend the decade (!) since Trump was first elected finding other business outlets and generally needing the US less, meaning that the relative weight of the US and the rest of the world has normalized significantly. The EU is stronger, China is stronger, Canada is stronger. The US withdrawing from the world economy would hurt everyone, but it would hurt the US a whole lot more than everyone else.
-
They will if the conservative media machine falls apart and they start actually seeing reality.
It's possible...someday...maybe...
-
You're very kind, thank you.
-
Unfortunately i think it's the same old extortion we've seen before. Trump Jr already posted "I wouldn't want to be the last country to cut a deal", so I guess we will see more if this. Ukraine stood up against it, I hope the rest of the world does to, but I'm afraid most wount.
-
They probably won't, but I guess we'll see. Trump is certainly playing with fire here, and that doesn't make me feel great as an American.
-
Maybe, but I think you're overselling the EU a bit. Yeah, there have been some high profile changes (in terms of stuff that makes the media), but I wonder how much that actually matters.
The EU hasn't really ever been a big importer of US goods anyway, at least not for decades. The biggest importers of US products are Mexico, China, and Canada. The US imports a fair amount from the EU, so if they retaliate with tariffs of their own, the US will just buy less from them, which will hurt the EU more than the US.
The US will have a bunch of negatives in the short term too, but I guess we'll see if those are permanent or just represent a shifting in trade partners.
-
Translation: Stupid Americans Vote For Felon Rapist Traitor To Increase Cost Of Living
-
Right and at no point are you saying that earnings/profits were impacted by the tax amnesty and money being brought back on shore.
Your link says that the most predictable thing happened- all that money sitting over seas was given back to its owners (shareholders).
Absolutely none of this affected profits for that year.
Mind you, that money was not being used for R&D anyways - it was sitting in bank accounts or bonds waiting for a moment like this to come back and be handed out to shareholders. -
How does a 10% increase in fees amount to a 40% increase in price?
-
Anyone underselling the stupidity of this tariff shit is just as stupid as trump.
-
I've been looking into producing Semiconductor Grade Silicone Powder but I haven't been able to decide between the Plasma, CVD, or more traditional furnace with reduction agent methods without knowing their operational costs. It would be kind of out of my price range to test each of them.
I can run some basic numbers if anybody knows a good industrial catalogue for the equipment.
-
Yes I'm not blaming people in New Zealand or something
-
And also as net neutrality is gutted and the oligarchs ensure internet fast and slow lanes.
-
Fair enough
