Trump says he will introduce 25% tariffs on autos, pharmaceuticals and chips.
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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.
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Unless, of course, you need to build new production facilities. That's not going to be as green as using the ones that already exist
