1. Not true at all. Vile lies spread by the Democrats.
2. Okay, maybe it is true, but it's actually a good thing.
3. Okay, maybe the results are catastrophic, but it's actually the Democrats' fault. The solution is higher tariffs.

Everyone needs a lesson in how tarrifs work. Tarrifs are a tax on thing that US companies buy. They are intended to make foreign products more expensive to protect domestic producers. So, the American company pays the tariff. They then pass that tariff on to their customer, either another company or an American consumer. Then, the country that the tariff had been applied to applies offsetting tarrifs on American goods.

When the product that the tariff is applied to can't be produced in the US, think advanced microchips or Canadian softwood lumber, Americans pay more but still have to buy the foreign product. With the softwood lumber tarrifs the cost of building a home with Canadian softwood lumber went up by tens of thousands of dollars and Canadian companies laughed all the way to the bank. American consumers paid more and Canadian companies made record profits because the US can't produce enough softwood lumber to meet its needs.

So, the price to American companies and consumers goes up and the cost of American goods overseas goes up. Americans pay the tarrifs and American companies sell less goods overseas.

America loses.

TIL, lots of Trumps voters don’t even know how tariffs work and thought the foreign companies are the one who paid those instead of the domestic buyers themselves.

It will at least be extremely funny to watch all the right wing gamer bro chuds freak the fuck out when an immediate consequence of their actions will be that gaming pc components instantly inflate 50% in price.

Glad I already got my Steam Deck, fuck.

Rich get richer, poor people suffer. Americans are so f dumb i cant take it

Good. I hope he does it. Don't let any of his yes-men or cronies tell him what a horrible idea it is. Let the whole fucking country burn.

Isn't this exactly what Trump said Harris was gonna do and that he was gonna not do?

Where so you think American farmers buy their fertilizer? Where they sell most of their soy and corn sell to? Maaaaany companies are either buying or selling to/from China. Many will go bankrupt, bany will struggle.

Fuck.

It hasn't even started yet and I know that I have 4 more years of this stupidity news ever single day

Oh wait

Since Trump will install himself as a dictator, then die, we have a few decades of couche fucker Vance to look forward to, yeeeiii

Can someone please explain to me why he STILL doesn't have any understanding of how tarrifs work?

They’ll blame democrats for the price increases. Bet me.

The US is at least 40 years removed from any kind of real electronics manufacturing at scale.

This kind of thing takes generational knowledge to get right and we outsourced that knowledge a long time ago.

We are now several generations from being able to manufacture electronics on the level.

Either trump has no idea how anything works or he's actively trying to destroy the American economy.

For years, us, Canadians went to USA for shopping. Next year with the exchange rate at the highest for US$, and Canada without tariff, a shit load of americans will come to Canada to buy their electronics and stuff.

As someone who works for a large US-based company, we are locking in large contracts ASAP for compute power to hopefully keep us sated and avoid these from being an extinction event. We were already discussing some vendors not offering supply contracts already because they see the writing on the wall for their own profit margins

I hope Trump turns out to be the best president in history. Prove me wrong, conservatives. I want to hear how it's going by the fourth year.

Mexico about to make a killing in shipping.

So we're going to put tariffs on things where there aren't even domestically-sourced options? WTF?

I'm involved in the manufacturing sector. At recent trade shows, we've been hearing that a lot of companies were holding off on making decisions about purchasing goods and machinery until after the election, though no one was saying much specifically about what each candidate would mean for their decisions. This article seems to say the outlook isn't super rosy and his initiatives don't make a ton of sense.

Fuuuuuuuck me I wanted a new PC & a new laptop. How much time do I have before this hits?!

Brought this up to a friend who is very pro Trump and he said

"Part of trying to get industry back in the country (which we would be better off with) involves making imports less appealing."