Trump says he will introduce 25% tariffs on autos, pharmaceuticals and chips.
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On the one hand, fostering local production of these goods is positive for national resilience, and also has a chance to reduce shipping around the world, which is bad for the environment.
On the other hand, good fucking luck, lol.
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No way we're making chips stateside with the Department of Education on the chopping block.
So many schools will close and you sure as shit ain't training people who can make top of the line chips with no fucking schools.
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They plan to import workers with visas and then hold those visas over their heads to force them to work for peanuts.
I mean, they do this small-scale already.
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As the standard of living and pay in the USA quickly tanks and becomes less desirable than where they're from, those people will stop applying for those positions.
They can't force foreigners to sign up for H-1B visas. The whole point is the salary is currently and the USA is currently a desirable place to live. Won't stay that way long. They're literally tearing down all the things that made it desirable to begin with.
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Ohh computer chips.
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Shipping is incredibly efficient, only a tiny fraction of emissions of products and foods.
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Freedom fries.
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First of all, that's not correct.
Second: emissions aren't the only form of pollution.
Third: the word "shipping", despite the name, includes air transportation;
Fourth: assuming, disingenuously of course, that the factors of the local production process are the same as the remote one, NOT shipping is always going to be more environmentally friendly. -
The factory TSMC opened in the USA was mostly staffed with workers from Taiwan, because Americans won't work 996.
It also only makes dies (the functional part of the IC), that still have to be exported to Taiwan for packaging.
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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"
