this post was submitted on 07 Nov 2024
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(page 4) 50 comments
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[–] Matriks404@lemmy.world 20 points 1 week ago (6 children)

Used electronics go brrrrrr

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[–] SomeGuy69@lemmy.world 20 points 1 week ago (8 children)

I hate this because for Europe it will become expensive too, just for the heck of it.

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[–] cordlesslamp6891@lemmy.world 18 points 6 days ago (2 children)

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.

[–] Randelung@lemmy.world 20 points 6 days ago (1 children)

Even if, did they think prices would just stay the same? Tariffs only work if production is moved back home, which for many industries won't happen, which means costs will be passed on to consumers.

[–] prole@lemmy.blahaj.zone 7 points 5 days ago* (last edited 5 days ago)

Also, the costs would still be passed on to consumers even if the production was moved back home, because it will cost more in general. And gotta keep those profit margins up.

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[–] Juigi@lemm.ee 16 points 5 days ago

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

[–] nicerdicer@feddit.org 15 points 1 week ago

something about leopards and faces

[–] AVincentInSpace@pawb.social 13 points 5 days ago (2 children)

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

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[–] seang96@spgrn.com 12 points 1 week ago (1 children)

Its a shame I don't have enough for solar yet. If you get it now its like getting a free battery if they are all getting a 40% hike. Probably gonna get rid of the tax incentive too cause the rich need it more too right?!

[–] jballs@sh.itjust.works 5 points 1 week ago (1 children)

Probably worth financing it. What you lose in interest costs will probably be worth it if these tariffs go through.

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[–] PanArab@lemm.ee 6 points 1 week ago (1 children)

The world will be split between countries that trade freely with China and countries that don't.

This will be the test and control for whether trading with China is good or bad.

[–] DmMacniel@feddit.org 6 points 1 week ago (1 children)

Turns out it's bad, but since we all moved our industry there. Well shits fucked.

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