So if I was planning on building a gaming pc am I gonna want to do it before mid january?
Bbbbut I wuz told China would pay for the wall! And my new Playstation!
He’s surpassed Bob Barker in Orange competition next coat he’s basically in black face
Dweebs weep.
I think more than “dweebs” buy consoles…
True. There are also parents buying them for their kids and a couple of other exceptions.
Glad we only buy game consoles from China. Can you imagine what these tariffs would do if a significant portion of our imports came from there?
Another good reason to have a home grown solution in your own country for game consoles outwith the US.
Nobody will step up, because manufacturing electronics like this is incredibly expensive, and any new president in 2028 could instantly drop Trump’s dumb ass tariffs.
So you’d be going into an expensive, already risky business, with an even bigger risk that one day the competition suddenly drops their prices by ~40% due to a drop in tariffs. Nobody’s gonna take that risk.
And even if somebody successfully did take on that risk, they’d charge just under the price of the electronics that have the tariffs baked into the price, so congrats, no matter what we’d esentially be paying a ~40% markup on electronics, and that’s before accounting for all the businesses that raise prices even further than the tariffs to account for the drop in demand, and supply chain halt.
Not to mention literally all of the good processors come from Taiwan.
We’ve also already gone through the trouble of bringing TSMC stateside. Initially they weren’t able to round up enough skilled workers to be able to produce anything close to the quality of chips made in Taiwan. They’ve since made improvements, but we can’t hope to match the output either quality or quantity-wise due to differences of work culture and trying to replicate Taiwan’s processes that make bleeding edge performance possible without binning most of the production line.
Yeah. It’s gonna be a shit show.
Don’t video game consoles all have offices in the US? Why would the US apply tariffs on companies residing in and paying tax the US?
The products are manufactured elsewhere.
Even products “made in the USA”, like an automobile, rely on parts from overseas suppliers, especially China.
My cats food for example, dewault has similar tags on their power tools.
Are tariffs applied when a company produces something in one country and transports them to their own company in another country? I thought they only applied to sales.
My understanding Is that they apply to importing goods.
You can’t just import something and put it in a local warehouse to avoid tariffs. Then nobody would pay them ever
Some businesses in Russia have loopholes like importing components and making a local assembly, up to just putting their sticker on it. I wonder what % of production process would be enough to count a product as Made in USA.
You’re still importing the base materials and have to pay tariffs on that. That’s not getting around anything. The end consumer still foots the bill.
Depends on what the tariffs are about. If there’s a tariff on a specific category of finished consumer goods, an import of the materials/ parts in combination with a local assembly might indeed reduce or avoid the taxes you have to pay.
20% across the board, says the magat’s fuhrer.
Each piece brought in is taking the hit from the tariff if its under a tariff. The only way to “avoid” is what we call smuggling.
Yep. Yet finished prodiuct for end user is declared pricier thsn individual parts and certified differently.
Isn’t that how America does taxes in everything else?
No.
Its an import tax, not sales tax.
I thought they only applied to sales.
What do you suppose these companies might want to do with their products once they transport them to this other branch location?
Throw them at passersby?
The only thing tariffs do is raise the price of imported and exported goods. The intent behind that is to encourage domestic production of a given good. However, we largely do not have domestic production of many, many, many different goods in the USA. So the primary outcome is going to be a decade or more of much higher prices for literally every single kind of consumer, business or industrial grade electronic device or good. It’s terrible for the economy. It will lead to a record recession or even a depression. Tariffs do not punish the target country. They punish Americans attempting to buy from those countries. This means new start-ups and new businesses will not be able to afford things from third-party manufacturers in China.
This. It’s basically a fucking stupid version of forcing the increased pricing onto us to increase corporate profits or whatever their end goal is. If China is charged 10% more to get their pieces to us. They are not taking that hit over our internal political retardation.
China isn’t charged shit to send us stuff. The tariffs are paid by the company importing the goods (aka the buyer)
Not only new businesses, this will ABSOLUTELY lead to the extinction of already established businesses as well. The magat cretins have ZERO clue how bad this will be.
Tariffs do not punish the target country.
Tariffs punish every country, actually, unfortunately.
Tariffs punish every country, actually, unfortunately.
Including the one who started the inevitable trade war.
GAMERS RISE UP
Truly proof gamers are the most oppressed group :c
/s
And china will be doing the same for all Americans product enter to they country.
Good work Gamers. Your hardware will be more expensive, but at least Biden won’t be suggesting a non-enforceable DEI suggestion at the HR of those game studios.
One category of people I literally care not for are gamers and their discretional spending.
One category of people i literally care not for are assholes who judge other peoples hobbies like they’re the end all be all of how people should act.
Bruh, I voted for Kamala Harris
meh. I play games, but wont call myself a Gamer. There’s like a whole separate culture of people who are obsessed with gaming culture, but don’t actually play games or when they do, only ones from AAA studios.
I only wouldn’t say I’m a gamer because “gamer” is no longer someone who is passionate about games; it’s the equivalent of the Discord mod stereotype, but without even the small modicum of power.
So? U want a medal?
Your console, my price?
Apparently Google searches for “what is a tariff” skyrocketed after Trump won
Also “can I change my vote”
There are already quite a few regrets it seems, and the right wing are gonna learn how tariffs actually work real soon
I’m guessing the money they raise will also be used to help fund tax cuts for high income
They’ll also be an excuse for more layoffs.
And lower wages.
Kamala (“or Kamabla” as the adult children like to call her", because that’s normal for a president to make jokes about names) was also going to increase the minimum wage
So, those underpaid children are going to get hit by tariffs and not get a wage increase
I never use Google, so this is from a blank slate search. The top result for “can i c” is “can I change my vote?” Also the top 2 results for “what is” by itself are: “what is the 4b movement” and “what is a tariff”. Here come the leopards.
look closer at everything you own. 99.9% of it will be 40% more expensive if you have to buy it again
Hypothetically, if I want to buy the Samsung S25 next year, and Tariffs are in place in America. I live in the UK. Why would my purchase be 40% more expensive? Samsung uses their own nodes, own fabs to manufacture their chips in south korea, they assemble the phones in Vietnam, after which they get shipped to the UK. Why would American tariffs affect literally everything as you have just said?
I think he probably talked about US people. You know, on a Article about a US (import-)Tarrif by a US President
You really should’ve included that it was a UK article though.
On a US lemmy instance and US sub. Everyone else is here as a guest/visitor, I guess?
idk, but lemmy.WORLD does not seem like a US-Exclusive Instance to me to be honest.
and the same goes for the word/sub “news”.
Won’t products made in the US with parts imported from outside the US that are then exported have the same problem?
it depends on how the Tarrifs are implemented, but potentially yes.
I can however imagine that products designed for export would be excluded, since they generate US-based Jobs anyways.
I’m actually really excited about the smuggling opportunities such a high tariff presents. It’s a real job creator.
Al Capone watching his successors continue his legacy by smuggling PS5s and pirating games lol
Maybe we can have speakeasy arcades run by nerds with 3D printed tommy guns.
At least prison business is booming when no one can afford to live even if they get paid. Land of the Free!
