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Well, Chinese don’t have proper elections so there, I don't know. But you can be sure that in the USA, this will all stop in 2 years with the midterms, and be
by wtcactus 2y ago
Well, Chinese don’t have proper elections so there, I don't know.
But you can be sure that in the USA, this will all stop in 2 years with the midterms, and be reversed in 4 with the presidential elections. No one other than Trump’s fan base likes this even now, imagine in a few months when people start feeling the terrible repercussions.
- piva00 2y agoThe whole issue is that no one can be sure it will stop in 2 or 4 years. That's precisely the risk: will it stop? Will it not? Either way, I'm not investing some millions of dollars to setup shop in the USA if all that investment will go bust if the next election cycle removes tariffs. Anyone saying they are sure about what is happening in the next 2-4 years in the USA is delusional.
- toxicunderGroov 2y agoI don't see this stopping, maybe escalate to talks about the need for a 3rd term.
- dimitrios1 2y agoI am not part of Trump's fan base, and I am in favor of taking action to reverse decades of negative trends I've seen happening as a result of American corporations selling their souls to the highest outside bidders. It's going to be short term pain for long term gain.
- watwut 2y agoYou genuinely think the corporations will stop "selling their souls to the highest outside bidder" with tariffs? Like, how exactly could such a thing happen? Besides, corporations are actually better equipped to deal with sudden expenses then small businesses. Corporations will suffer the lest and possibly will pay for exceptions for themselves in white house. Smaller businesses wont be able to do the same.
- wtcactus 2y agoNegative trends of what? Exchanging highly paid services for cheap goods? EU needs to start taxing heavily any services provided here by the USA. Having the USA moron in Chief pretending that the comercial balance is solely made of physical goods to create an Excel sheet warrants a nice lesson.
- FirmwareBurner 2y ago>EU needs to start taxing heavily any services provided here by the USA. Their services are provided by companies/branches in the EU not the US. When you buy a EC2/S3 bucket from AWS you get invoiced by Amazon Luxembourg, not Amazon Washington. When you buy a Microsoft, Google, PayPal, Meta or Apple service, you'll be buying from a company registered in Ireland or Netherlands. And most of them also have datacenters in the EU for their EU customers. So how do you tax them more than other companies in the EU? Make The Great EUSSR Firewall?
- surgical_fire 2y agoIn fact I think EU should heavily tighten the screws on US big tech on grounds that their presence is a security risk. They are beholden to the US government in many ways, and relying on the services beholden to a hostile foreign nation should be considered a risk.
- silverquiet 2y agoWhat makes these EU companies part of the American companies then?
- ViewTrick1002 2y agoTariff licensing costs.
- disgruntledphd2 2y agoSo, it'll probably be tarriffing the large US financial institutions first, and excluding them from public procurement. Honestly not sure what they'll do about tech, but it's not gonna be pretty. Trade wars are bad for everyone, but we are where we are I guess.
- Trasmatta 2y agoTariffs are not a magic button for "short term pain, long term gain". The way they're being implemented is more like "short term pain, long term pain".
- nickthegreek 2y agoI keep hearing people say short term gain, but no one wants to put a time on short term, nor do they want to do the math on how long it would take for their their plans to come to actual fruition using tariffs. There is nothing short term about setting up steel mills, rare earth extraction, chip factories, growing coffee...
- ezst 2y agoWhat you see here is entirely about "corporations selling their souls to the highest outside bidders", who do you even think benefits from all this if not the oligarchs?
- snapcaster 2y agoCan you be specific about how you think any of these actions will fix that?
- jcranmer 2y agoThis isn't short-term pain for long-term gain; it's short-term pain for long-term catastrophe. The tariffs aren't some carefully-devised scheme to work out how to reshore manufacturing to the US; they're a slapdash scheme based on such idiotic economics that people had to do a double-take because the President of the United States and his cabinet couldn't possibly be that stupid. And once that sinks in, it becomes extremely counterproductive to the ostensible aims. Why should anyone bother reshoring anything to the US? You might escape 30% tariffs on your product, but only for 30% tariffs on the inputs to your product. And living in the US means your long-term plans are always at risk of the toddler-in-chief throwing another tantrum because, as we've already seen, a deal he makes yesterday can become the worst deal in the world that is proof of how much the US is getting cheated tomorrow.
- goatlover 2y agoHopefully so, but I'm not certain elections will be the same as they have. There's reason to believe Trump has no intention of leaving office, and the Republican party has not intention of losing power. This is their chance to remake America long term, and they can't really do that if it gets overturned every 2-4 years.
- wtcactus 2y agoDemocrats have been saying exactly the same since Bush Junior was elected: "OMG, this will surely become an autocracy by the end of his mandate! There's no way we will ever have democratic elections again!" Really, I don't like Trump, I think he is a buffoon, but Democrats are so tiresome, calling wolf every time they don't get what they want. I know toddlers with more self restrain.
- Tadpole9181 2y agoTrump himself, out of his own mouth, with his own tongue, using the air from the breathe inside his lungs, has literally and explicitly with no ambiguities said on multiple occasions that he wants to violate the constitution and have a third term. Republican leaders are humoring the idea.
- _t9ow 2y agoAnd many people seem to have collective amnesia about the January 6 Capitol riots, the Trump-Raffensperger phone call, the fake electors plot, etc. Trump has shown us many times who he is, and yet somehow many conservatives still refuse to believe the evidence that is right in front of their eyes.
- ethbr1 2y agoIt's not that conservatives don't believe -- it's that they don't care. Winning > rule of law Which I blame solely on conservative talk radio's lack of morals, and inspiring the same in their listenership.
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- 16bytes 2y agoHow can you even remotely be sure of that given the results of the 2016 and 2024 elections?
- ffsm8 2y agoEsp. considering how they've always got someone to blame for the issues that they cause. It's an ancient playbook 1. Identity a problem 2. Blame $group of people for the issue and rally citizens to you 3. Oust previous administration/rulers with rallied citizens And then to stay in power 1. Create or identity a problem 2. Blame $group of people for the problem 3. Rally citizens to ostracize the new group of ppl 4. Back to 1 The issues never need to be resolved, as long as the citizens blame someone and feel empowered to lash out against someone (the people getting blamed).
- deleted 2y ago[deleted]
- csa 2y ago> How can you even remotely be sure of that given the results of the 2016 and 2024 elections? No one can be sure of anything, but the specific years you picked happen to have possibly two of the least electable candidates on the ballot. Biden was not even a particularly good candidate in 2020, but he was able to win. I think that’s indicative of how low the bar is.