It's like how back when the Euro or the Pound were worth nearly 2x what the dollar was, a new device or piece of hardware would sell for $399/€399/£399.
It ain't gonna cost me shit because I'm spending next to nothing for the foreseeable future apart from necessities, and what little I do spend is gonna be bought as locally as possible. Fuck this country.
For how much people are worrying about tariffs I've lived my entire life with a 66% alcohol tax, 75% electronics tax, 240-380% vehicles tax and recently even saw 150% inflation.
We as leftists, must organize in ways that match the fascists. Subversion of their goals is our goal. The class and culture war is in full effect and we must not be complacent.
Yeah, gamer gate was one of the things that lead to Trump being elected in the first place. Plus the outcry that still happens when BIPOC, LGBT, or women protagonists are used. Hell, just look at any steam discussion board sometime and you'll see it.
As someone who games, gAmERs are the fucking worst
It’s a shame. Seeing the bullshit companies have done to games for the sake of profit ought to be a pretty easy on-ramp to anti-capitalism. But just like in the real world, racist shit distracts them from any of that.
Apologies, I'm not on Lemmy very much, nor the gaming community. I'm an American distraught by Trump right now. I'm no communist. Just an impassioned and anxious progressive American. Thank you for telling me.
Won’t the tariffs incentivise domestic production and give work to more regular folks? There’s also less stuff to be hauled around the world so there’s environmental benefits too. Sounds like a leftist idea to me.
If you gave it thirty years and the entire world paused and waited for us, sure,... but, we have a global economy and old people need medications, cars need chips and batteries. We all depend on each other. We can't charge a toll and pretend everything won't see any ill effects
We don't have infrastructure to produce a lot of the components in the things we buy, and even if we did, it would inherently cost a lot more to produce than in the countries that are about to have tariffs placed on them. That the US ever was a manufacturing powerhouse was, in my understanding, a very "place and time" sort of deal after World War II. Not only were all of our competitors recovering from being bombed, but we also advanced to a services based economy very quickly, raising the standard of living beyond a point that manufacturing jobs can typically afford to support. I'm no economist though; I just watch one on YouTube, and "the middle income trap" is a frequent topic.
Mostly I suppose - but in the example/hypothetical given in the article of Sony moving it's manufacturing from China to India, it would take 6-24 months minimum to find/develop the space they need and move the equipment. This cost to move all of the equipment half way across the world and the opportunity cost of out of stocks at stores worldwide when your distribution chain finally drys up - the cost was sited at 10%. If they MOVE a facility, I think that cost gets passed on to everybody worldwide.
There may be situations where JUST American production is moved to another country with more favorable tarrifs and worldwide production continues out of the existing facility, and probably in a situation like that, only the American costs would increase to cover the facility/equipmemt costs. But for that to make fiscal sense, this would have to be somehow CHEAPER than the price already elevated by the tarrifs. Companies could even in this case, theoretically hike prices worldwide to subsidize the impact to everybody. More people paying a higher prices mean everybody pays less.
Now, I couldn't say if there's any precident for the last line there. Purely hypothetical. But regardless - it's entirely possible it WON'T be JUST Americans paying higher prices.