Trump says he plans to put a 100% tariff on computer chips, likely pushing up cost of electronics
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No he won't
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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.
For anyone out there who feels they have nothing to lose and want to make something of themselves:
It's always okay to kill child rapists and those who protect child rapists.
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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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Yes, we all know the most successful economic endeavors are funded by taxpayers. Then leeches come in to steal the profits from the public and useful idiots are all-to-proud to support them.
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.
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 bastardized hybrid. Samsung and China Semi are not far from 'hybrids' either, while the corpses of pure extremes (GloFo, Intel, the Soviet's and modern Russia's computing efforts, DARPA projects, other pure government efforts and some RISC ones) are littered everywhere.
Intel was heading towards a state-supported hybrid, but apparently not anymore (and is now barreling into capitalist collapse).
The other part of what I'm saying is this does not necessarily apply to, say, the hotel business like Trump is channeling, where short term maneuvering and branding pay off more. Nor engergy generation, which is different too (and probably should be nationalized in such a geothermal-heavy place like Iceland).
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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.
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?
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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 bastardized hybrid. Samsung and China Semi are not far from 'hybrids' either, while the corpses of pure extremes (GloFo, Intel, the Soviet's and modern Russia's computing efforts, DARPA projects, other pure government efforts and some RISC ones) are littered everywhere.
Intel was heading towards a state-supported hybrid, but apparently not anymore (and is now barreling into capitalist collapse).
The other part of what I'm saying is this does not necessarily apply to, say, the hotel business like Trump is channeling, where short term maneuvering and branding pay off more. Nor engergy generation, which is different too (and probably should be nationalized in such a geothermal-heavy place like Iceland).
In which nation is energy generation not using vast natural resources at huge initial outlay where companies have a boner for monopolising or cartels and exploiting scarcity to drive up prices?
Side note: DARPA's TCP/IP networky thing seems to have had some future in it!
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Oh no, don't worry. Big tech will get exemptions and write offs.
Only the big tech that donates large sums of money to Tramp (which seems like most of them)
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Whether they can or do make their own chips is irrelevant to who is impacted by tariffs.
Well if the US manufacturers need to import chips (read: the item proposed to be subject to a 100% tariff) in order to make their phone with a "competitive advantage", as you've claimed above, then the manufacturers will be impacted by tariffs.
That cost then gets passed onto the consumer.
The phone assembled in the US using imported parts is directly impacted by tariffs. Consumers only care about the end price, not who paid what tariff and at which point of manufacturing.
I don't know how many ways people can explain this to you and you don't get it. I'm assuming you're trolling because this is extremely basic stuff.
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He'll back down from this like everything but what a fucking complete moron
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Nah, I think he's much better suited to being a reality TV star. Oh wait, that's what he is.
Better suited for a prison cell.
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CHIPS Act. Yet another major Biden win that gets overlooked in favor of shitting on him.
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.
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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.
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You should express it in a way that doesn't suck then, like shouting from a window. No computers needed there.
Don't tell me what I should do and I will not tell you where you should go.
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Looks like books are back on the menu, boys.
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Well we shouldn't be letting them back out so rehabilitation is pointless and impossible anyway. If you can't understand that fucking kids is bad without being institutionalized you're a lost cause
There's plenty of context, the best is that nobody has the moral right to punish others.
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Looks like books are back on the menu, boys.
How do I download one of those?
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How do I download one of those?
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Well if the US manufacturers need to import chips (read: the item proposed to be subject to a 100% tariff) in order to make their phone with a "competitive advantage", as you've claimed above, then the manufacturers will be impacted by tariffs.
That cost then gets passed onto the consumer.
The phone assembled in the US using imported parts is directly impacted by tariffs. Consumers only care about the end price, not who paid what tariff and at which point of manufacturing.
I don't know how many ways people can explain this to you and you don't get it. I'm assuming you're trolling because this is extremely basic stuff.
I don't know how many ways I can explain that none of this is relevant to the discussion at hand. Which is, as a reminder:
Wouldn't this only affect goods manufactured in the USA.
All of what you said is true, and yet this statement remains completely incorrect and the opposite of reality.
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he really is the dumbest motherfucker on the planet
You mean extortionist
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Don't tell me what I should do and I will not tell you where you should go.
I can go wherever, wasn't me complaining about computers and then using computers for something you don't need computers for.
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