Trump says he plans to put a 100% tariff on computer chips, likely pushing up cost of electronics
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I believe they're referring to products made in the USA that contain chips.
As in importing chips would be 100% but importing a product that contains chips would be 15%?
The tariffs only apply to the imported products. That's how tariffs work. If you import components into a US product then you only pay the tariff on those components, not the entire product.
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Huh? No, it's the opposite. You should really look up how tariffs work. They drive up prices for goods manufactured outside the US. Local goods are unaffected, giving them a competitive advantage.
So you're an AI right? Like no real person would believe this
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The tariffs only apply to the imported products. That's how tariffs work. If you import components into a US product then you only pay the tariff on those components, not the entire product.
Sounds like you can save 85% by putting some googly eyes on the chip and calling it a finished product. It’s Chippy, the pointy pet that fits in your pocket.
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My hope is that he signs the pardon before she testifies, and then she burns him down on the stand.
As if she would.. She will just do what she do best, just not for Epstein, but for mr president himself, I fear…
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Next 3.5 years if we are lucky.
The last 6 months have been the longest decade of my life.
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Then there are no US products to affect?
Are you a troll?
Or do you really not get it??
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So you're an AI right? Like no real person would believe this
WTF are you talking about? Did you not go to elementary school?
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Are you a troll?
Or do you really not get it??
I honestly don't get whatever "it" is. Again, if you don't understand what a tariff is, it's very simple to look it up. Don't take my word for it.
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The tariffs only apply to the imported products. That's how tariffs work. If you import components into a US product then you only pay the tariff on those components, not the entire product.
The tariffs only apply to the imported products. That's how tariffs work.
Right.
If you import components into a US product then you only pay the tariff on those components, not the entire product.
Isn't that in agreement with OP? Any products made in USA that contain chips will cost more to make due to the 100% tariff on the chips.
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I honestly don't get whatever "it" is. Again, if you don't understand what a tariff is, it's very simple to look it up. Don't take my word for it.
If there is no alternative from US, the price of that product category as whole will rise, ultimately being paid by US citizens, meaning it is just a hidden tax rise
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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?
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. This will mean significant price increases for Americans buying electronics, as the unavoidable costs are passed on.
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The tariffs only apply to the imported products. That's how tariffs work.
Right.
If you import components into a US product then you only pay the tariff on those components, not the entire product.
Isn't that in agreement with OP? Any products made in USA that contain chips will cost more to make due to the 100% tariff on the chips.
Isn't that in agreement with OP?
No, OP said it only applied to US products. It's applied to all imported products. That's what a tariff is.
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WTF are you talking about? Did you not go to elementary school?
I feel like there must be a miscommunication/misunderstanding here.
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I believe they're referring to products made in the USA that contain chips.
As in importing chips would be 100% but importing a product that contains chips would be 15%?
The real problem seems to be that none of the news articles try to dig into what Trump's vague and ambiguous wording actually means. They just report his nonsense verbatim. Does "building in the USA" mean building chips or building products containing chips?
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My hope is that he signs the pardon before she testifies, and then she burns him down on the stand.
She would not survive that.
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Isn't that in agreement with OP?
No, OP said it only applied to US products. It's applied to all imported products. That's what a tariff is.
So any product containing chips will have a 100% tariff applied?
Edit: product imported to the USA
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The tariffs only apply to the imported products. That's how tariffs work. If you import components into a US product then you only pay the tariff on those components, not the entire product.
Pretty sure that's their point. Say a product costs $100 dollars with no tariffs. If you import the product from the EU with a 15% tariff, it's now $115 with tariffs (assuming no tariffs importing the chips into the EU). If you manufacture the product in the US, you need to pay 100% tariffs for all the chips. Obviously the impact depends on how much the chips cost relative to the entire product, but if the chips are half the cost ($50), then with a 100% tariff you're now paying $150 for the product manufactured in the US.
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So any product containing chips will have a 100% tariff applied?
Edit: product imported to the USA
It'll probably be 100% tariff for the chip, and whatever the rate is for that country on the rest of the product. That's assuming they go into that much detail, because if they don't, it would be easy to dodge.
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My hope is that he signs the pardon before she testifies, and then she burns him down on the stand.
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.
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Pretty sure that's their point. Say a product costs $100 dollars with no tariffs. If you import the product from the EU with a 15% tariff, it's now $115 with tariffs (assuming no tariffs importing the chips into the EU). If you manufacture the product in the US, you need to pay 100% tariffs for all the chips. Obviously the impact depends on how much the chips cost relative to the entire product, but if the chips are half the cost ($50), then with a 100% tariff you're now paying $150 for the product manufactured in the US.
Surely the tariff would apply separately, so the imported cost would be $157.50 ($50 chip @ 100% tariff + $50 everything else @ 15% tariff).
If they didn't apply separately, the tariff would be trivial to dodge.
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