←back to thread

639 points CTOSian | 1 comments | | HN request time: 0s | source
Show context
zaptheimpaler ◴[] No.45029926[source]
> importers must declare the exact amount of steel, copper, and aluminum in products, with a 100% tariff applied to these materials. This makes little sense—PCBs, for instance, contain copper traces, but the quantity is nearly impossible to estimate.

Wow this administration is f**ing batshit insane. I thought the tariffs would be on raw metals, not anything at all that happens to contain them.

replies(22): >>45029962 #>>45029965 #>>45030034 #>>45030053 #>>45030129 #>>45030340 #>>45030343 #>>45030393 #>>45030421 #>>45030466 #>>45030477 #>>45030502 #>>45030605 #>>45030634 #>>45030776 #>>45030954 #>>45030975 #>>45031125 #>>45031196 #>>45031214 #>>45031243 #>>45034509 #
nabla9 ◴[] No.45030053[source]
Across EU and Asia packet shipments into the US are being shout down until the things are resolved. This is bullshit that hurts everybody, but Americans the most.
replies(1): >>45030157 #
darth_avocado ◴[] No.45030157[source]
> This is bullshit that hurts everybody, but Americans the most.

Price I pay is not getting my $20 fairy lights that made my backyard look cute. The price foreign factory workers pay is that they’re out of a job. I don’t think Americans pay the most, but they do pay.

Edit: Clearly people are missing the point Im trying to make here. I’m trying to address the viewpoint that Americans will somehow lose the most, which i don’t think is the case. This isn’t a pro tariff argument. American consumer is the biggest market there is on the planet. Pretending we can just find other buyers is ludicrous. Yes, there will be some jobs affected domestically, but that number will be much higher elsewhere.

replies(5): >>45030231 #>>45030281 #>>45030417 #>>45031079 #>>45031929 #
cjs_ac ◴[] No.45030231[source]
The foreign factory workers will still have jobs making the same products, except those products won't be exported to the US. Luckily for them, 95% of humans live outside the US.
replies(4): >>45030314 #>>45030356 #>>45030600 #>>45030696 #
1. wqaatwt ◴[] No.45030600[source]
Well.. Way more than 5% of consumption happens in the US. The majority of those 95% is also very poor and can’t afford a lot of of goods (let alone expensive ones).

Meaning that for a lot of businesses, especially those that manufacture goods US is often a very important and hard to replace market.

e.g. What do you think will happen to the profit margins of EU drug companies if Trump actually imposed his tariffs on pharmaceuticals? Besides the size of the US market they also generally charge much higher prices there.