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.
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.
*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.
All the dangers they tell us about being over weight and eating like shit, and this mother fucker is still clinging to life like an 80s action hero clings to the underside of a helicopter at the climax of the movie. Come on clogged arteries, do something!
The truth is most human maladies are combination of environment and viruses. The two thing our current administration refuses to do anything about.
deleted by creator
Where are the Trump-Epstein files?
Can’t have files if you don’t have a computer to store them tips forehead
Release the Epstein files.
What do you mean “likely pushing up cost of electronics”. That is the literal point of a tariff, to push the prices up and make competing goods more appealing to consumers. The only way it doesnt raise prices is if importers just eat the cost, which they will almost certainly not do and, frankly, shouldn’t do.
In the US the point of tarrifs is to tax the poor to pay for tax breaks for the rich.
CPUs are so expensive, I guess I’ll buy a good old US made abacus instead!
Damn, if only we had some bill that would increase manufacturing of chips domestically. It would be foolish to cancel such a bill while also creating a tariff. How will people favor domestic manufacturing without that manufacturing existing? Surely the president would never do that.
I’ll throw in the “well actually” here so no one gets wrapped around the axle — the true point of tariffs are to boost domestic business at the expense of weakening foreign sales. The scales tipped in favor of domestic businesses should be advantageous and arguably a good strategy in some circumstances …in a vacuum. That’s the “well actually” and it’s worth nothing in 2025 because all advantage is nullified if those domestic businesses lack the skill and resources to produce said goods. The industries currently targeted by tariffs are so huge and complex that domestic businesses stand zero chance (even with tariffs) in place to replicate the technology, supply chain, and workforce that would be able to stand competitively toe-to-toe with the global market.
So it’s entirely a tax on Americans by another name, and for zero gain.
In this case there are no competing domestic products though, or few enough as makes little difference. This is just taxation with extra steps.
Yes, I did mean in the ideal sense, there is a functional purpose for raising the prices of foreign goods IF there is a domestic alternative you wish to boost or expand. But the mechanism for the benefit, IF(big if) there is one, is the increase in price. Tariff (ideally) equals targetted price increases. Saying tariffs might raise prices is like saying stabbing you might wound you. I might have a good reason for wounding you, I might not, but the wounding will happen as a direct consequences of my stabbing you, regardless.
Conservatives are 100% onboard with a felon rapist pedo skyrocketing our cost of living while destroying our global reputation.
If anyone is still unsure if conservatives are traitors to our nation, now is the time to pinch yourself and wake up.
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.
He’s been trying to prevent the US from manufacturing their own chips, so that can’t be the real goal…
From that article:
The comments were Trump’s strongest criticism of the bipartisan CHIPS Act to date. “We don’t have to give them money,” Trump said, suggesting that avoiding new tariffs would be enough to convince them to build U.S. factories.
I think that, insofar as Trump has a coherent view, that’s it: he doesn’t want to give companies money to establish chip manufacturing in the USA, because he thinks it can be done instead by bullying them with tariffs so they are forced to fund it themselves if they want to stay in business.
I’m not saying that’s a wise view. There’s a good chance he just ends up creating more economic problems at home. And it’s in part driven by his desire to get revenge on Biden by undoing everything he did, rather than a rational appraisal of economics.
The existing tariffs somehow exclude chips or phones/computers with chips in them. This would be a separate category, like metals.
Release the Epstein files
I agree, but I think we should amend this phrase.
Release the UNREDACTED Epstein files
Americans won‘t own anything and they‘ll be happy.
Tariffs will grow until morale improves
A bit of chip history: Taiwan Semiconductor (the current pseudo-monoply in cutting edge processor making) rose as Taiwan the country transitioned from a dictatorship to democracy.
They got state funding, and support for thier business as trade opened up. To simplify, it was like a mix of hyper free-trade capitalism and technocratic command economy/socialism no one on either end of political spectrum would like. And it worked! It’s still working.
The CHIPS act in the US was a baby step in that direction, which (even with Intel’s incredible corporate dysfunction) got me excited.
…And that is basically the opposite of what Trump is proposing.
Basically, take away Intel/Micron/IBM subsidies and tax the shit out of their existing overseas business. And deregulate them instead of directing them.
In other words, drain their capital, and give them free reign to think short term as their manufacturing circles the drain.
To be fair to Trump, most business people do not grasp how indescribably capital/research intense processor manufacturing is. Investment is in the many billions, planning takes decades and is extremely technical, and dependent on economic and research forecasts. They have to be forced to think long term, given truckloads of cash to do it, and not get derailed by quarterly earnings targets and cutting long-term projects on the vine for quick cash.
But still… this is like the worst thing he could have done, IMO.
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.
Oh boy, another distraction
This will surely bring manufacturing back to the US /s
It’s simultaneously a grift and a way to impose a flat sales tax all in one package.
-
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.
-
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.
-
From the bleachers, we watch the Trump shitshow daily. The topic of the show is: “What can Donald Trump still do today to appear even dumber than the day before?”
And he is not disappointing. What’s next? Tariffs for interstate trading? One must admit, this would be a really dumb idea, but it is not outside Trumps grasp.
Looks like we just found our new interstate secretary! Tell us more about these tariffs against California.
