←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 #
delusional ◴[] No.45030314[source]
Can we try to not fall victim to this sort of "us or them" rhetoric. It's obviously exactly what this is being framed as officially, but it's way worse than that.

Yes, the the cost of (at least) some foreign workers is that the jobs they had creating good exported to America will go away. That's true. The trade-off though isn't just that the Americans don't get their stuff. The real trade off is that the good those factory workers buy (whether they be physical or immaterial, cultural or financial services) will not get bought. Americans making those good will therefore ALSO be out of a job.

In the end, nobody gets what they want and everybody loses employment. It's a lose/lose for everybody involved.

replies(2): >>45030453 #>>45030553 #
Teever ◴[] No.45030553{3}[source]
But it really is an 'us or them' situation.

The US is treating everyone else like shit and isolating themselves from the world.

The world is slowly esponding accordingly and reconfiguring to the new reality where the US is unreliable and unfriendly.

While it's a lose/lose this will ultimately hurt the US more than everyone else.

The world isn't going to come to the aid of the US and prop them back up to their place of hegemony when this all goes to shit. The rest of the world is going to pick at the carcass of what was once an inspirational empire.

replies(3): >>45031126 #>>45031589 #>>45031759 #
1. delusional ◴[] No.45031589{4}[source]
I hope I made it clear that the us decision make does seem to be driven by an "us or them", sometimes called "transactional" mindset. It's accurate to describe (at least the stated) rationale as "us or them".

What I don't like is when we start using the terminology if "winning" a trade war. A trade war, like an actual war, has no winners. We are all going to be poorer, both materially and culturally, from hurting each other.

So yes, the current American administration (which is currently a legitimate democratic representation of the American people) has started a trade war meant to inflict pain on everybody that doesn't align with them. The answer to that isn't "well actually the trade war is going to backfire and the whole world is going to be stronger than you" its "you're going to pay for this too. However much you hurt us, and it is non-zero, you are also going to hurt yourself. Not because I'm going to hurt you, but because we are all part of one system of trade".