geekhack
geekhack Community => Off Topic => Topic started by: tp4tissue on Sat, 07 December 2024, 10:46:42
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Smoken'Mirrors
or Legit gon' down ?
Thoughts ?
(https://i.imgur.com/xhhF6Nz.gif)
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Tariffs are bad unless there is a specific, well-defined reason for them.
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Mechanically, Afghanistan/Iraq put us in a pretty deep recession. If they did implement a tariff, it's going into increased military spending, very little to nothing to do with the domestic use goods.
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Asked around, if the tariff happens, the big assemblers don't have operational plants yet, so there will be a price spike.
And, EVEN ONCE they get the new plants up in south asia, the retailer will keep the prices inflated as long as possible to maintain higher profits.
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Asked around, if the tariff happens, the big assemblers don't have operational plants yet, so there will be a price spike.
And, EVEN ONCE they get the new plants up in south asia, the retailer will keep the prices inflated as long as possible to maintain higher profits.
Say you sell a shoe for $10 from China,
I sell a shoe from the US, Singapore, Vietnam, etc for $11 (doesn't matter where)
Add a 20% tariff and now yours now it sells for $12 because you aren't going to just eat that 20%, this is where Trump and Trumpers get it wrong. So now, not only is your (now) $12 shoe not the cheapest, I can now sell mine for $11.95 and still undercut you. If mine is a better product I can even go higher. Why? Why not, it's safe, easy profit.
A tariff isn't punishment, it's a tool to shift manufacturing and profits. Sure, it punishes you, but it also punishes everyone else at the same time. It's a nuke, not a scalpel.