Not Nvidia and not Apple. That's so ridiculous. It will just increase the price of any electronics devices.

I'm going to tariff Trump a dollar every time his stupid face pops up in my feeds.

he really is the dumbest motherfucker on the planet

Looks like books are back on the menu, boys.

Conservatives are 100% onboard with a felon rapist pedo skyrocketing our cost of living while destroying our global reputation.

If anyone is still unsure if conservatives are traitors to our nation, now is the time to pinch yourself and wake up.

Release the Epstein files.

What's interesting about this is that Ghislaine Maxwell just got a transfer to a cushy facility in exchange for what is likely to be heavily coached testimony about how Donald Trump totally didn't rape children.

What do you mean "likely pushing up cost of electronics". That is the literal point of a tariff, to push the prices up and make competing goods more appealing to consumers. The only way it doesnt raise prices is if importers just eat the cost, which they will almost certainly not do and, frankly, shouldn't do.

It’s simultaneously a grift and a way to impose a flat sales tax all in one package.

1. Republicans have been creaming their pants for years at the thought of imposing a regressive flat tax on all sales while doing away with income based taxation. This would forever shift the majority of the tax burden to the poor and middle class. Which is why we see Trump cutting taxes on the wealthy with his Big Ugly Bill and imposing a tariff as a way to tax the unwashed masses while simultaneously claiming he isn’t. Hopefully the courts strike down his power grab and force Congress to vote on Tariffs. The weasels will probably give it to them but at least we get to see Republicans go on record as voting for a tax increase.

2. Trump has announced or will announce tariff exemptions that benefit large companies that have donated to him. Sometime later if he feels he needs more money he will announce a higher random tariff on the exempted goods and shake these corps down for more money/favors. All the while he can claim he is doing our industry a favor.

Never forget Trump is a grifting piece of shit who will always stick it to the little guy.

Release the Epstein files

A bit of chip history: Taiwan Semiconductor (the current pseudo-monoply in cutting edge processor making) rose as Taiwan the country transitioned from a dictatorship to democracy.

They got state funding, and support for thier business as trade opened up. To simplify, it was like a mix of hyper free-trade capitalism and technocratic command economy/socialism no one on either end of political spectrum would like. And it worked! It's still working.

The CHIPS act in the US was a baby step in that direction, which (even with Intel's incredible corporate dysfunction) got me excited.

...And that is basically the opposite of what Trump is proposing.

Basically, take away Intel/Micron/IBM subsidies and tax the shit out of their existing overseas business. And deregulate them instead of directing them.

In other words, drain their capital, and give them free reign to think short term as their manufacturing circles the drain.

To be fair to Trump, most business people do not grasp how indescribably capital/research intense processor manufacturing is. Investment is in the many billions, planning takes decades and is extremely technical, and dependent on economic and research forecasts. They have to be forced to think long term, given truckloads of cash to do it, and not get derailed by quarterly earnings targets and cutting long-term projects on the vine for quick cash.

But still... this is like the worst thing he could have done, IMO.

Yam Tits just heard the term, hence the sudden tariffs.

Fuck, I'm going to have to go back to doing math in my head again, aren't I?

All the dangers they tell us about being over weight and eating like shit, and this mother fucker is still clinging to life like an 80s action hero clings to the underside of a helicopter at the climax of the movie. Come on clogged arteries, do something!

Anyone remember the punchable faces subreddit?

Yeah, this face would be forever pinned at the top.

Where are the Trump-Epstein files?

It’s fucking tariff roulette again. And so it will be for the next 3.5 years. Stupid cunts. Remember to kick a republican in the nuts.

I was looking at the stock performance of Semiconductors today and they're pretty much all green except for Intel. Why? Because they've all announced plans to invest in the US (even though they probably won't ever make good on their commitments). That buys them an exception to the tariffs. So it's pretty much a 100% tariff on no major player. Intel was down because Tom Cotton and now Trump are attacking their new CEO Lip Bu Tan who has a long successful track record in the industry but has Chinese investments which they think somehow implicates him or creates a national security risk even though TSMC is ahead of Intel in fab capability. Anyway the point is this is just rhetorical grand standing with no serious impact.

Oh boy, another distraction

This will surely bring manufacturing back to the US /s

Dude is a great decision machine. Someone should make him preside- oh. 😕

Americans won‘t own anything and they‘ll be happy.

I watched part of this announcement and he said something I normally don't pick up on

"If they have started to build or have plans to build they don't have to pay the tariff."

Sounds like.jobs.

But what I heard was it was a discount for the oligarchy. Why do you only get a discount if you are in the position to at least pretend to be building a factory?

And then since prices are now double, you get to import and sell at an easy profit.

get that AI bubble a-poppin