The world reacts to Trump's sweeping tariffs: 'No basis in logic'
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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.
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If it's good enough for inventors, it's good enough for musicians, writters and software developers.
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So 100% on brand for Trump and America in general
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AI would make a lot of sense, considering that there are uninhabited islands on the list.
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Official EU website hosting American-made media for a nominal fee. Can't tariff data!
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Oh no. Anyway...
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Every time I think they're hiring rock bottom they bring out stronger drills.
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Heads up, UK, the US will use you as a toilet every chance you give it, and we've just dropped all pretense, however thin it may have previously been, about caring about our "allies". Speaking as a US citizen, I would strongly advise against considering yourself a close friend to the US until we get our shit sorted.
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You have to remember the people doing this are fucking idiots who have convinced themselves they're smarter than everyone else.
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I recently read an article that suggested the best retaliation would be to stop enforcing US intellectual property in the EU. One of the biggest exports they have is media, if we would stop enforcing their copyright it would cost them a lot of money.
Depression.
It's a depression.
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That’s a hilariously apt analogy. Drill baby drill! 🫠
