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101

Trump's Proposed Tariffs Will Hit Gamers Hard (gizmodo.com)

submitted 1 week ago by [email protected] to c/[email protected]

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[–] [email protected] 70 points 1 week ago (5 children)

I love how Trump fans and big brain swing voters are trying to justify their vote for tariffs by making it about slavery and jobs. They never cared about slavery before. And it will not just affect gaming - it’s probably going to wreck all tech, appliances, reliable vehicles, everything on Amazon, SHEIN trash, etc.

FYI: Tax cuts for the rich + tariffs = it’s a fucking sales tax.

Manufacturers will not build factories in the US to avoid tariffs. They will downsize and hoard wealth for 4 years until a corporate-friendly Democrat is elected to undo just barely enough of the damage to avoid riots.

This is just a grift to shift more of the tax burden to the working class. Trump fans will gobble it up anyway.

I want off this ride.

[–] [email protected] 19 points 6 days ago (2 children)

Manufacturers will not build factories in the US to avoid tariffs. They will downsize and hoard wealth for 4 years

Big enough manufacturers will keep producing the individual components in China, then ship to a nearby country that’s not under tariffs to finish the assembly and ship from there.

So it’ll create jobs, alright. They’ll just be overseas.

As for the slavery… If you think you can get a slavemaster to ease up on his workers by forcing him to cut costs, you gotta go back to Econ 101.

[–] [email protected] 3 points 6 days ago

then ship to a nearby country that’s not under tariffs to finish the assembly and ship from there.

The wonders of arbitrage.

[–] [email protected] 7 points 6 days ago

Ding, ding! Yup, that's just what it's going to happen and under Trump's proposal, will still be hit by a blanket tariff.

Also even if they do move manufacturing to the US, we don't have the amount of raw materials so that would have to be imported under those same tariffs and prices would go up because labor is more expensive and we don't have that manufacturing expertise, that's not the US's competitive advantage.

Case in point:

https://arstechnica.com/tech-policy/2023/07/tsmc-delays-us-chip-fab-opening-says-us-talent-is-insufficient/

I mean seriously, America keeps playing itself.

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