Comment on Trump says he plans to put a 100% tariff on computer chips, likely pushing up cost of electronics

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Wispy2891@lemmy.world ⁨1⁩ ⁨day⁩ ago

tariffs are over the final product, not the individual components inside that product.

For example Ford was making a cargo van in turkey, but thanks to the chicken tax that they themselves lobbied for, a cargo van made in turkey would have a 25% tariff. Solution: make passenger vans in turkey, import them with 0% tariff, then pay an american to remove and send the passenger seats to the landfill and get a cargo van

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