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

• SaltSong@startrek.website ⁨3⁩ ⁨weeks⁩ ago

  That’s generally how tariffs work. A tariff on grain is not a tariff on bread. A tariff on steel is not a tariff on knives. A tariff on cotton is not a tariff on clothing.

  It can be, of course. A tariff can be on steel and items made with steel. But that’s not usually the case, and it’s usually called out as such. Of course, Trump is not what you’d call the most precise communicator in the world, but all we can do is work with what he says.

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  • artyom@piefed.social ⁨3⁩ ⁨weeks⁩ ago

    That's not how tariffs work.

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    • SaltSong@startrek.website ⁨3⁩ ⁨weeks⁩ ago

      Packaging, no. But manufacturing it into something else, yes.

      Do you think a tariff on copper would apply to an iPhone? Or a tariff on oil?

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      • artyom@piefed.social ⁨3⁩ ⁨weeks⁩ ago

        Do you think a tariff on copper would apply to an iPhone?

        ...of course?

        Or a tariff on oil?

        Do your iPhones usually take oil? 🤔

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