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When UPS charged me a $684 tariff on $355 of vintage computer parts

(oldvcr.blogspot.com)
320 points goldenskye | 1 comments | 15 Nov 25 23:55 UTC | HN request time: 0s | source
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JSR_FDED ◴[16 Nov 25 00:41 UTC] No.45941785[source]▶
Tariffs are great. They protect the struggling domestic IT industry and gives it time to ramp up its production of vintage computer parts.
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varispeed ◴[16 Nov 25 00:53 UTC] No.45941825[source]▶
I know one US business that used to make niche electronic product. Most components they used were from China. Got hit by the tariffs that wiped all the operating profit. Guy also had to sell his home and is now couchsurfing. Business is unlikely going to recover.

Of course he considered making chips and other components in the US, but he was few billions short to start the fab.

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Gibbon1 ◴[16 Nov 25 01:10 UTC] No.45941888[source]▶
Reminds me of a comment I think by Nancy Teeters the first female Federal Reserve board member. She said the other board members thought they could savage the US manufacturing industry to kill wage inflation and break the unions and it would come right back once they stopped. And it didn't.
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seg_lol ◴[16 Nov 25 01:52 UTC] No.45942066[source]▶
Sociopaths. It breaks me to see the Fed use interest rates to cause unemployment as the lever against inflation. It all seems so cruel.
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1. rcxdude ◴[16 Nov 25 11:25 UTC] No.45944255[source]▶
Unemployement is a necessary part of the economy, what is cruel is making unemployment unlivable.