It’s fucking tariff roulette again. And so it will be for the next 3.5 years. Stupid cunts. Remember to kick a republican in the nuts.
Trump says he plans to put a 100% tariff on computer chips, likely pushing up cost of electronics
Submitted 2 weeks ago by Mereo@lemmy.ca to technology@lemmy.world
https://apnews.com/article/apple-trump-computer-tariff-c01b5ce0265b0d294dd10b8966be4436
Comments
cabron_offsets@lemmy.world 2 weeks ago
voytrekk@sopuli.xyz 2 weeks ago
Next 3.5 years if we are lucky.
spankmonkey@lemmy.world 2 weeks ago
The last 6 months have been the longest decade of my life.
yermaw@sh.itjust.works 2 weeks ago
You won’t ever need to vote again
vacuumflower@lemmy.sdf.org 2 weeks ago
Luck is also a component in how long Trump lives ; though he’s not that old.
OK, I’ll say it differently - luck is also a component in how long Putin lives, and that’s likely less. When he dies, there’s gonna be change. In USA too. In Russia - maybe not for the better immediately, but that will be a power transfer, which hasn’t happened since 1999. Even if to someone of his daughters.
I don’t subscribe to any of stupid theories of “Kremlin towers’ balance”, “businessmen vs patriots” and such, but the point stands, and the previous power transfer, from Yeltsin to Putin, despite them being the same faction, changed a lot and fast.
Which could mean some of the blackmail material leaking, or the direction of blackmail changing, or other ties being restructured. Which would pull the rug from many of Russia-aligned parties in the west, and it would be interesting to see whether Democrats or Republicans are affected more, in case of US, and whether local alt-right parties or the orderly centrists in EU are affected more. The common belief is that it’s the latter in the US and the former in the EU, but I think we’ll be surprised.
Now, Russia is small compared to other parties, but big enough to make waves in case of such an event.
flandish@lemmy.world 2 weeks ago
*capitalist
they ALL do this. they just market it differently. profits are at record highs and have been for YEARS. while working class people suffer and die.
Bennyboybumberchums@lemmy.world 2 weeks ago
All the dangers they tell us about being over weight and eating like shit, and this mother fucker is still clinging to life like an 80s action hero clings to the underside of a helicopter at the climax of the movie. Come on clogged arteries, do something!
Doomsider@lemmy.world 2 weeks ago
The truth is most human maladies are combination of environment and viruses. The two thing our current administration refuses to do anything about.
cardfire@sh.itjust.works 2 weeks ago
Unrelated, welcome to Lemmy.
monkeyslikebananas2@lemmy.world 2 weeks ago
Where are the Trump-Epstein files?
Laser@feddit.org 2 weeks ago
Can’t have files of you don’t have a computer to store them tips forehead
iamdefinitelyoverthirteen@lemmy.world 2 weeks ago
Release the Epstein files.
echodot@feddit.uk 2 weeks ago
Every time somebody says this it always makes me think of the scientist from the expanse.
We should definitely release those files it would be really helpful.
Sertou@lemmy.world 2 weeks ago
“There was a button. I pushed it.” Where’s Holden when you need him?
InternetCitizen2@lemmy.world 2 weeks ago
partial_accumen@lemmy.world 2 weeks ago
Wouldn’t this only affect goods manufactured in the USA? If a finished product containing chips from say, Europe, were to land on USA shores it would only have a 15% tariff right?
Why does trump hate American manufacturing?
floofloof@lemmy.ca 2 weeks ago
It’s a tax of 100% on chips being imported to the USA, having been manufactured elsewhere. The idea is that it should force companies to set up their own chip manufacturing in the USA. But that’s expensive and slow to do, and requires a lot of specialized engineering talent, so US-based electronics companies will somehow have to survive through years of paying twice as much for the chips they build into their products.
MyNamesTotallyRobert@lemmynsfw.com 2 weeks ago
Expecting companies to build their own chip foundries and manufacture their own chips to avoid tariffs is as unrealistic as expecting poor people to singlehandedly use nuclear fission to create atoms from nothing to materialize into existence all the food they can’t afford. Even if these American “use AI for everything” megacorp regimes that can’t even write a mouse driver that’s under 1gb actually put their big swingin’ dicks back into their pants long enough to actually figure out how they could be efficient enough use the more achievable 90nm and 65nm chips, even that is so unachievable they’d never find a way to mass produce them affordably. Russia supposedly managed to diy their own 350nm chips which is barely even mid 90s Pentium 1 era bullshit and even that’s probably fake propaganda that, best case, followed some half successful low volume experiments in a lab.
ozymandias117@lemmy.world 2 weeks ago
He’s been trying to prevent the US from manufacturing their own chips, so that can’t be the real goal…
artyom@piefed.social 2 weeks ago
Huh? No, it's the opposite. You should really look up how tariffs work. They drive up prices for foreign products. Local products are unaffected, giving them a competitive advantage.
Boddhisatva@lemmy.world 2 weeks ago
I honestly can’t tell if you’re serious. You do know that the vast majority of the chips in all the devices you use are not manufactured in the US? Doubling the prices of the chips imported to manufacture devices here will obviously jack up the prices of those devices
SaltSong@startrek.website 2 weeks ago
What he means is, if I buy an iPhone built in China, this tariff won’t affect the price I pay.
But if I buy a phone built in America, with an imported processer, this tariff will make that phone more expensive.
candyman337@lemmy.world 2 weeks ago
So you’re an AI right? Like no real person would believe this
bigfondue@lemmy.world 2 weeks ago
They increase demand for domestic goods and therefor raise the price of goods that were already more expensive than the imported goods.
DrFistington@lemmy.world 2 weeks ago
What about situations where there are no alternative us made products
sugar_in_your_tea@sh.itjust.works 2 weeks ago
I’m guessing the chip in the finished product would be taxed separately, otherwise it would be trivial to dodge the tariff (just package the chip in a different “finished product” and move it to a US-made product).
partial_accumen@lemmy.world 2 weeks ago
I’m guessing the chip in the finished product would be taxed separately, otherwise it would be trivial to dodge the tariff (just package the chip in a different “finished product” and move it to a US-made product).
You’d guess wrong. Welcome to the wonderful world of tariffs and import/export controls!
I wouldn’t call it a trivial dodge because the act of building the tariffed good into another product takes time and resources at the origin side, then again at the destination side to undo the manufacturing steps. However, sometimes its worth it to a company. There are lots of examples of companies doing exactly this.
Ford Transit Connect cargo vans were made in Turkey. Ford wanted to import them to the USA. However, there was a tariff placed on vehicles for commercial use, so Ford installed cheap passengers seats in the back and imported them as passenger vehicles. As soon as the vehicles would arrive onshore in the USA, Ford would rip the cheap seats out, and sell them as commercial vehicles.
humanspiral@lemmy.ca 2 weeks ago
The existing tariffs somehow exclude chips or phones/computers with chips in them. This would be a separate category, like metals.
DarkFuture@lemmy.world 2 weeks ago
Conservatives are 100% onboard with a felon rapist pedo skyrocketing our cost of living while destroying our global reputation.
If anyone is still unsure if conservatives are traitors to our nation, now is the time to pinch yourself and wake up.
lukaro@lemmy.zip 2 weeks ago
I wouldn’t call them traitors but they do embody everything else that makes a person horrible! If you’re a republican I seriously hope you get bad allergi s diarrhea and stuck in traffic at the same time, no sun if your car windows get stuck up too.
davidagain@lemmy.world 2 weeks ago
Traitors to the constitution, traitors to democracy, traitors to free and fair elections, traitors to the founding fathers, traitors to the people and even traitors to the union and the flag. What were you waiting for them to betray before you call them traitors?
tane@lemy.lol 2 weeks ago
Nah they are traitors and I hope they all die a traitor’s death.
cupcakezealot@piefed.blahaj.zone 2 weeks ago
he really is the dumbest motherfucker on the planet
interdimensionalmeme@lemmy.ml 2 weeks ago
You mean extortionist
0ndead@infosec.pub 2 weeks ago
Narrator: He won’t
kryptonianCodeMonkey@lemmy.world 2 weeks ago
What do you mean “likely pushing up cost of electronics”. That is the literal point of a tariff, to push the process up and make competing goods more appealing to consumers. The only way it doesnt raise prices is if importers just eat the cost, which they will almost certainly not do and, frankly, shouldn’t do.
MapleEngineer@lemmy.world 2 weeks ago
In the US the point of tarrifs is to tax the poor to pay for tax breaks for the rich.
Obi@sopuli.xyz 2 weeks ago
Bingo, this is just a way of raising taxes on the poor without “raising taxes”.
AnUnusualRelic@lemmy.world 2 weeks ago
CPUs are so expensive, I guess I’ll buy a good old US made abacus instead!
JackbyDev@programming.dev 2 weeks ago
Damn, if only we had some bill that would increase manufacturing of chips domestically. It would be foolish to cancel such a bill while also creating a tariff. How will people favor domestic manufacturing without that manufacturing existing? Surely the president would never do that.
echodot@feddit.uk 2 weeks ago
Now to figure out how to play Doom on it.
MeThisGuy@feddit.nl 2 weeks ago
that’s probably the one thing I’d buy purposely Chinese.
blakemiller@lemmy.world 2 weeks ago
I’ll throw in the “well actually” here so no one gets wrapped around the axle — the true point of tariffs are to boost domestic business at the expense of weakening foreign sales. The scales tipped in favor of domestic businesses should be advantageous and arguably a good strategy in some circumstances …in a vacuum. That’s the “well actually” and it’s worth nothing in 2025 because all advantage is nullified if those domestic businesses lack the skill and resources to produce said goods. The industries currently targeted by tariffs are so huge and complex that domestic businesses stand zero chance (even with tariffs) in place to replicate the technology, supply chain, and workforce that would be able to stand competitively toe-to-toe with the global market.
So it’s entirely a tax on Americans by another name, and for zero gain.
turtlesareneat@discuss.online 2 weeks ago
Yes, but the media is willing to lie for him and whatever form necessary to normalize all this
explodicle@sh.itjust.works 2 weeks ago
Every American needs to be forced to learn the components of a supply and demand diagram.
Sertou@lemmy.world 2 weeks ago
In this case there are no competing domestic products though, or few enough as makes little difference. This is just taxation with extra steps.
kryptonianCodeMonkey@lemmy.world 2 weeks ago
Yes, I did mean in the ideal sense, there is a functional purpose for raising the prices of foreign goods IF there is a domestic alternative you wish to boost or expand. But the mechanism for the benefit, IF(big if) there is one, is the increase in price. Tariff = ideally targetted price increases. Saying tariffs might raise prices is like saying stabbing you might wound you. I might have a good reason for wounding you, I might not, but the wounding will happen as a direct consequences of my stabbing you, regardless.
echodot@feddit.uk 2 weeks ago
The important won’t eat the costs because there’s literally no reason for them to do that.
The tariffs don’t actually upset importers, they literally do not care. They continue to sell the product at exactly the same prices it always cost, once it arrives in a US port, that’s the end of the transaction as far as they are concerned, since the tariffs apply after that, they are irrelevant.
bitjunkie@lemmy.world 2 weeks ago
Release the Epstein files
WindyRebel@lemmy.world 2 weeks ago
I agree, but I think we should amend this phrase.
Release the UNREDACTED Epstein files
echodot@feddit.uk 2 weeks ago
I want it in audiobook format. Read by Will Wheaton.
CosmoNova@lemmy.world 2 weeks ago
Americans won‘t own anything and they‘ll be happy.
Tja@programming.dev 2 weeks ago
Tariffs will grow until morale improves
daggermoon@lemmy.world 2 weeks ago
Oh boy, another distraction
MonkderVierte@lemmy.zip 2 weeks ago
Still about the Epstein list? Or is it now about the child abuse pastor?
Peruvian_Skies@sh.itjust.works 2 weeks ago
Either way, Trump is a pedophile who is close froends with several pedophiles. That’s the important part.
brucethemoose@lemmy.world 2 weeks ago
A bit of chip history: Taiwan Semiconductor (the current pseudo-monoply in cutting edge processor making) rose as Taiwan transitioned from a dictatorship to democracy.
They got state funding, and support for thier business as trade opened up. To simplify, it was like a mix of hyper capitalism and technocratic command economy/socialism no one on either end of political spectrum would like. And it worked! It’s still working.
The CHIPS act in the US was a baby step in that direction, which (even with Intel’s incredible corporate dysfunction) got me excited.
…And that is basically the opposite of what Trump is proposing.
Basically, take away Intel/Micron/IBM subsidies and tax the shit out of their existing overseas business. And deregulate them instead of directing them.
In other words, drain their capital, and give them free reign to think short term as their manufacturing circles the drain.
DarkFuture@lemmy.world 2 weeks ago
CHIPS Act. Yet another major Biden win that gets overlooked in favor of shitting on him.
sturmblast@lemmy.world 2 weeks ago
Biden did a lot of great stuff but the USA would rather live in a reality TV show from hell while marching towards authoritarianism apparently. Oh wait, they don’t understand any of that shit because half of them can’t fucking read.
haloduder@thelemmy.club 2 weeks ago
Yes, we all know the most successful economic endeavors are funded by taxpayers.
Just look at how Iceland has the cheapest electricity on the planet; it’s because they built their infrastructure using public money without an incentive to maximize profit.
brucethemoose@lemmy.world 2 weeks ago
That’s not what I’m implying.
TSMC would not have thrived if it was purely nationalized, and could have easily collapsed into capitalist hell.
For the processor fab business, specifically, the ideal conditions seem to be some kind of basdardized hybrid. Samsung and China Semi are not far from this either, while the corpses of pure extremes (GloFo, Intel, the Soviet’s and modern Russia’s computing efforts, other pure government efforts and some RISC ones) are littered everywhere.
Tollana1234567@lemmy.today 2 weeks ago
anything to not discuss the epstein files, it seems like the effectiveness of tariffs isnt have as much effect as distraction as it should.
BarneyPiccolo@lemmy.today 2 weeks ago
Fuck, I’m going to have to go back to doing math iny head again, aren’t I?
Treczoks@lemmy.world 2 weeks ago
From the bleachers, we watch the Trump shitshow daily. The topic of the show is: “What can Donald Trump still do today to appear even dumber than the day before?”
And he is not disappointing. What’s next? Tariffs for interstate trading? One must admit, this would be a really dumb idea, but it is not outside Trumps grasp.
Formfiller@lemmy.world 2 weeks ago
In lighter news he’s 78 with congestive heart failure, obvious mental decline, incontinence and obesity
astutemural@midwest.social 2 weeks ago
Looks like books are back on the menu, boys.
x00z@lemmy.world 2 weeks ago
I’m going to tariff Trump a dollar every time his stupid face pops up in my feeds.
lorty@lemmy.ml 2 weeks ago
This will surely bring manufacturing back to the US /s
figjam@midwest.social 2 weeks ago
get that AI bubble a-poppin
Dead_or_Alive@lemmy.world 2 weeks ago
It’s simultaneously a grift and a way to impose a flat sales tax all in one package.
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Republicans have been creaming their pants for years at the thought of imposing a regressive flat tax on all sales while doing away with income based taxation. This would forever shift the majority of the tax burden to the poor and middle class. Which is why we see Trump cutting taxes on the wealthy with his Big Ugly Bill and imposing a tariff as a way to tax the unwashed masses while simultaneously claiming he isn’t. Hopefully the courts strike down his power grab and force Congress to vote on Tariffs. The weasels will probably give it to them but at least we get to see Republicans go on record as voting for a tax increase.
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Trump has announced or will announce tariff exemptions that benefit large companies that have donated to him. Sometime later if he feels he needs more money he will announce a higher random tariff on the exempted goods and shake these corps down for more money/favors. All the while he can claim he is doing our industry a favor.
Never forget Trump is a grifting piece of shit who will always stick it to the little guy.
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MyNameIsIgglePiggle@sh.itjust.works 2 weeks ago
I watched part of this announcement and he said something I normally don’t pick up on
“If they have started to build or have plans to build they don’t have to pay the tariff.”
Sounds like.jobs.
But what I heard was it was a discount for the oligarchy. Why do you only get a discount if you are in the position to at least pretend to be building a factory?
And then since prices are now double, you get to import and sell at an easy profit.
rikudou@lemmings.world 2 weeks ago
I like that! It always sucked that everything is more expensive here in EU, Trump’s trying to help us by making it even more expensive in the US.
wewbull@feddit.uk 2 weeks ago
“…likely pushing up…”
“…likely…”
Of course it will! What kind of reporting is this? “…forcing the price up…” Is the phrase they were looking for.
Zer0_F0x@lemmy.world 2 weeks ago
1000%, 2500%, 600%, 1500%
bigbabybilly@lemmy.world 2 weeks ago
Dude is a great decision machine. Someone should make him preside- oh. 😕
MyOpinion@lemmy.today 2 weeks ago
What a piece of human shit Trump is.
imposedsensation@lemmynsfw.com 2 weeks ago
I was looking at the stock performance of Semiconductors today and they’re pretty much all green except for Intel. Why? Because they’ve all announced plans to invest in the US (even though they probably won’t ever make good on their commitments). That buys them an exception to the tariffs. So it’s pretty much a 100% tariff on no major player. Intel was down because Tom Cotton and now Trump are attacking their new CEO Lip Bu Tan who has a long successful track record in the industry but has Chinese investments which they think somehow implicates him or creates a national security risk even though TSMC is ahead of Intel in fab capability. Anyway the point is this is just rhetorical grand standing with no serious impact.
kylie_kraft@lemmy.world 2 weeks ago
What’s interesting about this is that Ghislaine Maxwell just got a transfer to a cushy facility in exchange for what is likely to be heavily coached testimony about how Donald Trump totally didn’t rape children.
Reverendender@sh.itjust.works 2 weeks ago
My hope is that he signs the pardon before she testifies, and then she burns him down on the stand.
Petter1@discuss.tchncs.de 2 weeks ago
As if she would… She will just do what she do best, just not for Epstein, but for mr president himself, I fear…
shalafi@lemmy.world 2 weeks ago
Why would he pardon her? Prison is sheer hell and she got a huge upgrade. Fuck around and they can take that back. They got all the leverage they need without the screams of outrage a pardon would bring.
SpaceNoodle@lemmy.world 2 weeks ago
She would not survive that.
viking@infosec.pub 2 weeks ago
I read those news in a way that she’s now in a low risk facility with plenty of other people around who might casually remove a witness, rather than stuck in isolation in a max security prison where every ‘suicide’ would be met with public outrage.