https://www.reuters.com/business/us-locks-steep-china-tariff...
+1 for accuracy!
https://hts.usitc.gov/reststop/file?release=currentRelease&f...
...but that's not too easy to peruse. I'd like to see something like:
0106.41.00.00, Bees, 7.5% Tariff
2832.30.10.00, Sodium thiosulfate, 25%
3701.99.60.30, Graphic arts film, 25%
3904.50.00.00, Vinylidene chloride polymers; Fluoropolymers, 25%
4107.19.10.40, Lining leather, 25%
...seems like you can get it one-at-a-time from:But again, if you put tariffs up that directly apply to an iPhone or Android phone, or anything else people actually buy, they are going to actually notice.
I would stock up on bigger ticket purchases before January 15th, because prices are about to go crazy.
https://fredblog.stlouisfed.org/2024/09/customs-duties-what-...
But I think Trump is pretty reliable at least trying to deliver what he promises. And since presidents have basically full control to tariff, I don't see anything stopping from instituting world crippling tariffs on day one of his presidency. So get prepared for the price of computers to double at least. I would stock up before January.
That's really the least of my worries. The 60/20 tariffs are so broad, they're going to hit every industry hard. And people voted for Trump because they hated inflation! Unbelievable.
Totally objectively, not in regards to any specific person's personality, or the things they've said, or "Political Party bad" I don't know how you make such big structural change that is going to cause that kind of pain in under 4 years without some kind of anti-democratic push.
Right now, the markets seem to largely think that he won't do this. Which, to me, honestly, is a bit weird; no-one ever went bust betting on Trump doing bloody stupid things that he said he'd do. I'd be somewhat surprised if he doesn't at least try.
For example during the pandemic the healthcare workers felt scared, tired, overworked, underpaid...but one thing they didn't feel was irrelevant and unimportant.
Time for steel workers, coal workers etc. to feel the same.
It's also time to admit that more stuff won't make us happier.
Protectionism has always existed and for a reason, it will never become obsolete as long as people need to feel important. And on the other hand free trade will never become obsolete, as long as people love stuff at a convenient price. It's all about finding a balance according to the historic moment.
Free trade has overextended itself and people now want less stuff and more meaning. That's why they came out in droves for Trump
I absolutely love your argument about less stuff and more meaning, and this issue of better jobs for the working class is one I would have loved to see realistically debated during the election (JD Vance briefly mentioned it, but there wasn't really serious debate about issues and policies).
But the idea that this is why people came out for Trump seems just not true. People mostly seemed to come out for the opposite reason, that they felt financially squeezed by inflation. I think a larger story about bringing manufacturing back for meaning is interesting, but not at the forefront of voters minds.
"Exit polls on Tuesday showed a stark partisan divide. Some two-thirds (67%) of voters said the condition of the economy was “not good/poor,” and only 32% thought the economy was “excellent/good."
https://fortune.com/2024/11/06/trump-harris-economy-voters-h...
You know what I mean...I am talking about the dude stuff, dudes are feeling aimless and unimportant because all the dude stuff is being produced elsewhere
You can bring manufacturing back to America all you want, you're not bringing back jobs. You also aren't have any trading partners. Sorry dude. That era is over. It's as futile to bring back as trying to bring back chain mail to modern warfare.
I mean, in that case consider investigating in state-funded psychotherapy or something? Like, an LCD factory isn't going to make a difference to anyone's psychological state (and, tbh, wouldn't provide many jobs; it's not particularly labour-intensive).
I have yet to see an example of the actual problem that so many people are upset about.
Unfortunately, "woke" AI disagrees with you. It won't help you unless you trick it, and it'll take every opportunity it can to scold you for straying too far from the village. It plays a very shallow, moralizing, and incurious nanny that casts a shadow over any kind of sophisticated, thoughtful art.
Mind you none of this has anything to do with government regulations: only the Ned Flanders monoculture that colors the entire tech sphere at the moment.
I think that might be the first time de Sade has ever been described as 'cheeky'. Some of his stuff would horrify 4chan.