Trump to impose 25% to 100% tariffs on Taiwan-made chips, impacting TSMC

[interdimensionalmeme@lemmy.ml]

But that wouldn't make billions of chicken appear into existence. The eggs would be cheaper and there would shortsges.

[sturgist@lemmy.ca]

I'm sorry, I'm not sure I'm following your train of thought....

Are there currently egg shortages? Subsidising something doesn't mean there's less of it, means the government pays someone in the production stream to keep prices low. Like what happens with gasoline just about everywhere.

[dead_or_alive@lemmy.world]

I agree, I doubt very much that price savings for any reduction in Tariffs will be passed onto the consumer.
However any increase in Tariffs will immediately be felt.

I’d rather see an increase in a single sector such as microchips to show the public the costs of Trump’s plan in real modern dollars to help build opposition. Than wait until he pushes an across the board Tariff. Which would likely result in a stagflation for the population at large.

[dead_or_alive@lemmy.world]

I agree I’d rather Trump shit the bed hard and early so we can contain the damage and show the public at large what his policies will really do to them.

But Tariffs will never be enough to offset income tax completely. I think he is going to use Tariffs to offset renewing his tax cuts for the wealthy. There are a good number of house republicans who will not go along with tax cuts if it increases the deficit. Revenue from tariffs would give him enough cover to placate those Republicans while directly pushing the cost onto US consumers who are primarily lower and middle classes.

Even after 4 years when he is out of office and the next administration reduces those tariffs and goes back to a progressive tax system. Even reducing those tariffs then will never bring prices down. Companies will never pass those savings entirely to the consumer they will pocket the money and everyone else will be screwed.

[nutsack@lemmy.world]

they do this with other models

[nutsack@lemmy.world]

people will pay redhat Linux to use a distro with support

never seen this happen in my 20 years career

[interdimensionalmeme@lemmy.ml]

The official story is they killed 100 nillion chicken due to bird flu. This caused a shortage of eggs, the shortage caused the price to raise until it was so high they became unaffordable to some people.

[interdimensionalmeme@lemmy.ml]

That only the washing and corporate gremlins that want an empire. They should be recycled as cat food.

[interdimensionalmeme@lemmy.ml]

Eventually humanity will rid itself of the imperial disease. Or perish.

[interdimensionalmeme@lemmy.ml]

They are also billionaire's stooges. They're just the "good cop" part of the arrangement. When we politely accept their domination rather than rebelliously accept their domination. Those are the only two choices.

[olympicyes@lemmy.world]

The grift is obvious for anyone paying attention but a lot of his base doesn’t realize that they pay almost no tax because of credits and deductions. Tariffs will hit the working class hard.

[fruitycoder@sh.itjust.works]

There has been a lot of greatness in US, but the people fighting the good fights seem to be losing right now. Just slowly, a little year by year. Hopefully this a kick in the pants too fucking far and we wake the fuck up and see we have to actually do something about it.

[mohammed_alibi@lemmy.world]

In the mean time, it is better US (United States) than THEM (The Hegemony of Evil Manchurians)

[presidentcamacho@lemm.ee]

Bizarre, I guess their business has been running on hopes and dreams instead of money for the past 30 years lol.