The US is at least 40 years removed from any kind of real electronics manufacturing at scale.
This kind of thing takes generational knowledge to get right and we outsourced that knowledge a long time ago.
We are now several generations from being able to manufacture electronics on the level.
Either trump has no idea how anything works or he's actively trying to destroy the American economy.
Everyone needs a lesson in how tarrifs work. Tarrifs are a tax on thing that US companies buy. They are intended to make foreign products more expensive to protect domestic producers. So, the American company pays the tariff. They then pass that tariff on to their customer, either another company or an American consumer. Then, the country that the tariff had been applied to applies offsetting tarrifs on American goods.
When the product that the tariff is applied to can't be produced in the US, think advanced microchips or Canadian softwood lumber, Americans pay more but still have to buy the foreign product. With the softwood lumber tarrifs the cost of building a home with Canadian softwood lumber went up by tens of thousands of dollars and Canadian companies laughed all the way to the bank. American consumers paid more and Canadian companies made record profits because the US can't produce enough softwood lumber to meet its needs.
So, the price to American companies and consumers goes up and the cost of American goods overseas goes up. Americans pay the tarrifs and American companies sell less goods overseas.
America loses.
Where so you think American farmers buy their fertilizer? Where they sell most of their soy and corn sell to? Maaaaany companies are either buying or selling to/from China. Many will go bankrupt, bany will struggle.
Seeing a stark void of "Fuck China" posts all of a sudden. Crazy what happens when the treat train gets held up at the border.
I'm involved in the manufacturing sector. At recent trade shows, we've been hearing that a lot of companies were holding off on making decisions about purchasing goods and machinery until after the election, though no one was saying much specifically about what each candidate would mean for their decisions. This article seems to say the outlook isn't super rosy and his initiatives don't make a ton of sense.
As someone who works for a large US-based company, we are locking in large contracts ASAP for compute power to hopefully keep us sated and avoid these from being an extinction event. We were already discussing some vendors not offering supply contracts already because they see the writing on the wall for their own profit margins
Rich get richer, poor people suffer. Americans are so f dumb i cant take it
something about leopards and faces
Because isolationism has worked out so splendidly for us in the past. Fuck this country.
Implying I could afford that shit in the first place 🤡
No more computers for you!
Trump's not going to need to apply tarifs.
Biden has both Russia and China on the back foot with failing economies, and significant social unrest. Both are desperate to make a deal with Trump. Trump only succeeds in negotiation when he can bully his adversary.
If Biden had the faculties, he could have whipped both countries and probably avoided this mess.
- Not true at all. Vile lies spread by the Democrats.
- Okay, maybe it is true, but it's actually a good thing.
- Okay, maybe the results are catastrophic, but it's actually the Democrats' fault. The solution is higher tariffs.
I really hope my job at an MSP is effected, but it probably will be. I hope we stay in business...
At some point it becomes easier to just travel to places to buy your gpus and such. When I was in Singapore, their prices on electronics were both good and compatible with my own stuff. I visit there to see an old MMO friend and it's just... Closer to the source, I guess.
