Technology

This makes sense. Give the companies like Apple and nvidia time to set up some local factories. How long could it take to acquire land, set up a chip foundry, and train up staff? 90 days?

These people are all fucking idiots. No business can plan anything when costs are whipsawing and our trading partners are already tired of reacting to these near daily changes.

I just don't have language strong enough to convey my utter exasperation and the depth of my contempt for these people.

Thank you American voters, who voted for Trump or sat out because the opposition wasn't "good" enough.

Sincerely,

European resident

I caught that the instant he said it. So they are planning another round of Market Manipulation in a month or two, got it.

We've already had 3 rounds, in less than 90 days. It seemed like his 90 day pause on this last round was a bit longer because he wanted to let it cool down, but I knew he wouldn't be able to resist the lure of dirty money at the expense of the poors.

I'm happy for the heads up. Unfortunately, I dont have the kind of money required to take full advantage of this, but at least Ill know to hang on.

Just like the tariffs would not be paused. Cannot trust a thing that comes out of their mouths. Even if they think it is the truth and the current plan, the plan can change on the whim of agent orange.

I mean probably? No one knows what this fat, dementia and cocaine addled geriatric will do after all. Might be a month, might be next Thursday.

It's frankly embarrassing that I don't see more people pointing out that his name very easily becomes NutLick.

This guy doesn’t even know what semiconductors are.

I still don't get the point of tariffs. Here's a Reason TV interview w/ Danial Hannan, a Conservative politician in the UK (bias: Reason TV is a "libertarian" publication), and he says there are three arguments the Trump administration is making in favor of tariffs:

1. They bring in revenue and can reduce income tax
2. Bringing jobs back to America
3. Negotiating tactic

The interviewee argues all three are wrong, and argues that they're incompatible:

• if they're bringing in revenue, then they're not bringing in jobs because the imports are still coming in
• if they're bring back jobs, they're not bringing in much revenue, because local products don't pay the tariffs
• if they're a negotiating tool they're doing neither of the other two

Here are some other fun arguments:

Show me a country that wholly relies on manufacturing and I will show you a poor, developing country. You move from agriculture, then to manufacturing, then to services. And with each of those moves, you get richer, you work shorter hours, and you live better.

So why would we want to move manufacturing here? It's just going to shift jobs away from services to manufacturing, which would be a net reduction in total value.

The better solution is to train the workforce to develop services, which are more lucrative. There's an argument that we need some amount of local production for national security reasons (i.e. if supply lines get disrupted, we need some minimum level of production capacity in wartime), but we don't need to make everything.

I hate to say it, but Musk was right; this guy is a moron.

They definitely have to stop announcing tariffs effective in next few hours. Maybe a 2 year effective date announcement allows "progress" in US reindustrialization with CHIPS act type subsidies.

These power tripping motherfuckers get off on purposefully stepping on rakes.

Howard, you ignorant slut.

Trump and Lutnick will be turning the American economy into a Lootbox/Skinner Box economy... let the FOMO purchasing flow through you, buy buy buy before the tariffs go on again!

C'mon Gina! Give us germanium!

Usa continues to sail away from all the rest of the world.