• MyNameIsIgglePiggle@sh.itjust.works
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    9 days 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.

    • sobchak@programming.dev
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      9 days ago

      Yeah, Apple’s stock went up 5% yesterday because of Tim Cook’s meeting with Trump (where he promised $600 billion investment in US manufacturing), and Apple’s saying they won’t be affected by the new 50% tariffs on India. There are also ghost factories that were built during Trump’s first term.

    • explodicle@sh.itjust.works
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      9 days ago

      Even once it opens, it’s cheaper to pay taxes on an empty factory than it is to pay tariffs or American workers.

      • Echo Dot@feddit.uk
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        9 days ago

        Plus of course the problem that chip manufacturing is not a US traditional industry, so there probably isn’t that much skilled labor.

        Ironically they’re probably going to end up having to hire foreign nationals.

    • michaelmrose@lemmy.world
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      9 days ago

      Which literally means they have to announce fake plans to build which be continually delayed until at least 2028

  • cabron_offsets@lemmy.world
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    10 days ago

    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.

    • flandish@lemmy.world
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      10 days 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.

      • vacuumflower@lemmy.sdf.org
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        9 days 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.

  • Lawnman23@lemmy.world
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    8 days ago

    Anyone remember the punchable faces subreddit?

    Yeah, this face would be forever pinned at the top.

  • x00z@lemmy.world
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    8 days ago

    I’m going to tariff Trump a dollar every time his stupid face pops up in my feeds.

    • Martin@feddit.nu
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      8 days ago

      Tariffs are paid by the importer so it will just make your feeds more expensive to import to your device.

        • Martin@feddit.nu
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          8 days ago

          I was joking too. 😅

          If anyone hasn’t learned how tariffs work by now, they are choosing to be ignorant.

    • Bloomcole@lemmy.world
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      8 days ago

      Well that’s entirely the posters fault.
      They’re really fanatic in wanting to post every stupid thing he says or does (which is daily).
      As if there isn’t any real news out there.

  • Formfiller@lemmy.world
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    10 days ago

    In lighter news he’s 78 with congestive heart failure, obvious mental decline, incontinence and obesity

  • db2@lemmy.world
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    10 days ago

    Just tell him computer chips are made of McDonalds and diet coke, several problems will solve themselves shortly after.

  • compostgoblin@lemmy.blahaj.zone
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    10 days ago

    Just wait until he has a conversation with the AI freaks in his admin. He changes policy based on the last person he talks to. What an idiot.

  • imposedsensation@lemmynsfw.com
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    9 days 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.

    • Redex@lemmy.world
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      8 days ago

      I mean the whole point of tariffs is to bring manufacturing to your country, so if they actually did that that would be a major win, but I’m highly doubtful, they’ll probably just wait it out since the US can’t survive by blocking literally every high end chip from being imported.