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639 points CTOSian | 1 comments | | HN request time: 0.264s | source
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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.

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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.
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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.

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saubeidl ◴[] No.45030281[source]
Longer term all trade will just be rerouted to exclude the US.

The EU is making moves right now to position itself as the preeminent center of world trade.

Losing that position will hurt Americans more than anyone else.

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wqaatwt ◴[] No.45030628[source]
> The EU is making moves

The EU being what it is considering to start planning to make a plan to take moves to plan these moves.

Then it will have to align those plans with all its members etc.

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saubeidl ◴[] No.45030642[source]
What you are perceiving as slowness can also be perceived as institutional stability - the very thing the US is lacking and that is leading to all of this in the first place.
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wqaatwt ◴[] No.45031075[source]
Unfortunately Europe has to pick between actually taking decisive actions and doing something or another 20 years of stagnation (i.e. institutional stability).

You can’t have both..

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1. mantas ◴[] No.45031277[source]
And those decisive actions will probably end up being bottle cap style.