• flemtone@lemmy.world
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    8 days ago

    Another good reason to have a home grown solution in your own country for game consoles outwith the US.

    • Olgratin_Magmatoe@lemmy.world
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      8 days ago

      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.

        • Nasan@sopuli.xyz
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          7 days ago

          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.

  • Duamerthrax@lemmy.world
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    7 days ago

    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.

  • auzy@lemmy.world
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    7 days ago

    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

  • Sam_Bass@lemmy.world
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    8 days ago

    look closer at everything you own. 99.9% of it will be 40% more expensive if you have to buy it again

  • parpol@programming.dev
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    9 days ago

    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?

      • parpol@programming.dev
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        9 days ago

        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.

        • iopq@lemmy.world
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          9 days ago

          You can’t just import something and put it in a local warehouse to avoid tariffs. Then nobody would pay them ever

          • andrew_bidlaw@sh.itjust.works
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            9 days ago

            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.

            • Cheems@lemmy.world
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              9 days ago

              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.

              • rbn@sopuli.xyz
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                9 days ago

                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.

            • aStonedSanta@lemm.ee
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              9 days ago

              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.

        • krashmo@lemmy.world
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          9 days ago

          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?

        • D1G17AL@lemmy.world
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          9 days ago

          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.

          • aStonedSanta@lemm.ee
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            9 days ago

            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.

            • bitchkat@lemmy.world
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              7 days ago

              China isn’t charged shit to send us stuff. The tariffs are paid by the company importing the goods (aka the buyer)

          • Captainvaqina@sh.itjust.works
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            9 days ago

            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.

          • ipkpjersi@lemmy.ml
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            8 days ago

            Tariffs do not punish the target country.

            Tariffs punish every country, actually, unfortunately.

            • kent_eh@lemmy.ca
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              8 days ago

              Tariffs punish every country, actually, unfortunately.

              Including the one who started the inevitable trade war.

    • mlg@lemmy.world
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      8 days ago

      Al Capone watching his successors continue his legacy by smuggling PS5s and pirating games lol

  • bthalt@lemmy.zip
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    7 days ago

    At least prison business is booming when no one can afford to live even if they get paid. Land of the Free!