• ericbomb@lemmy.world
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        17 days ago

        Guyyyyssss, the vote was yesterday!

        Also how was that mess over 10 years ago and they still are in the “Finding out” portion of FAFO?

    • hydrospanner@lemmy.world
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      1 month ago

      I feel like most people I have heard talking about them while supporting Trump seem to know that tariffs are taxes, but have no concept of how they play out in a real economic situation. Most fall into one or both of two camps:

      A) Tariffs are taxes, but they’re taxes for companies not individuals, and they’re only applied to importing, so they won’t affect me.

      B) Tariffs are taxes for foreign companies, to level the playing field and keep American business competitive. Since the companies that have to pay it are foreign, it won’t affect me.

      Spoiler alert, guys: no matter where the tax is levied in the system, the consumer is the only person who ever pays for it, since they’re the only ones that can’t pass that cost on to anyone else.

      Also, while this can make domestic competitors more competitive, it’s important to remember two things: first, if it works, it’s only working by making things more expensive for consumers, and second, this assumes that the domestic competitors want more business, have the ability and posture to increase their production to meet the new greater demand, and will operate in good faith. Much more likely is that they simply also increase their prices in reaction to the tariffs, so they’re not producing or selling any more volume and aren’t creating any jobs… they’re just padding their profit margins at the corporate/shareholder level while doing nothing for their employees, all while having the average consumer foot the bill.

      That’s exactly what happened with the steel tariffs in the first Trump term and that’s exactly what will happen now…the only difference is that this time it seems like there will be significantly fewer economic buffers between the tariff and the consumer, so more people will more directly feel the sting here…and presumably the mental gymnastics from the MAGAts will be even sadder in their attempts to somehow make it not a criticism of their orange leader’s incompetence.

      • ericbomb@lemmy.world
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        1 month ago

        “Surely the company that sells a product for $100 will keep selling the product for that price once tariffs mean that it costs a $125 to produce and import!” - crazy people.

      • Asafum@feddit.nl
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        1 month ago

        Tariffs are taxes, but they’re taxes for companies not individuals, and they’re only applied to importing, so they won’t affect me.

        Typical Magoo (literally my dad in 2016): “you can’t tax business owners, they’re going to just make everything more expensive for us! They pass on the burden to us!”

        Also Magoo: “Yay tarrifs! They are a tax on business but that won’t get passed on to me!”

        The Magoo motto: Whatever words I need to use to suit my purpose I will use, to hell with reality.

    • BigDanishGuy@sh.itjust.works
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      1 month ago

      everything you’re wearing right now

      Much of that is cotton. I believe that in the “good” ol’ days the US grew that themselves. Start that industry up again, and you don’t need mass deportations across the border.

      • Kalysta@lemm.ee
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        1 month ago

        Cotton takes a LOT of water to grow. And takes up farmland that could grow food.

        Most of your clothes are artificial fabrics these days. Or blended

      • superkret@feddit.org
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        1 month ago

        You could even run the farms the same way as in the olden days, if you criminalize and incarcarate enough black people.

        • MrVilliam@lemmy.world
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          1 month ago

          Well boy howdy, it turns out we already been done doin that there part about criminalizing and incarcerating them black people just out of sheer racism. You’re telling me that there could’ve been a profit motive to it this whole time too?

          jk, private contracted prisons were already profiting deeply off of that.

      • Skyrmir@lemmy.world
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        1 month ago

        The US still makes massive amounts of cotton. That all gets exported to other countries before getting turned into garments and things.

      • ouRKaoS@lemmy.today
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        1 month ago

        Ah, yes…

        All we need to keep that industry running like the good ol’ days is a massive industry of government subsidized illegal immigration of easily identified persons

    • Eiri@lemmy.ca
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      1 month ago

      I wanted some foreign goods to get more expensive. To end slavery, not to escalate a trade war!

      I should have checked my vicinity for any stray monkey’s paws when I made that wish.

      • AA5B@lemmy.world
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        1 month ago

        “Fair Trade” is what you’re looking for. I don’t know how legit all instances are or whether they make a real difference, but its an attempt

        • Ultraviolet@lemmy.world
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          1 month ago

          This may sound pedantic, but you’re looking for Fairtrade (one word) for the organization with the strictest vetting standards. Fair Trade (two words) isn’t regulated and just means they follow some sort of ethical code. It’s not necessarily bad, but it warrants more product specific research.

  • empireOfLove2@lemmy.dbzer0.com
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    1 month ago

    I’d bet they exempt it. The corporate grinder doesn’t really work without stimulants for the workers to purchase so they can work (and consume) more and sleep less.

  • Liz@midwest.social
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    1 month ago

    People listing Hawaii like they could meet the total US demand, even if they could scale to maximum production overnight.

    Most of the corn we eat is Brazilian. Most of the corn we grow is feed corn for cows and process corn for HFCS and other processed food ingredients.

    • Johnmannesca@lemmy.world
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      1 month ago

      As an American born and raised in Illinois I can also inform the rest of the populace our corn also gets used to make ethanol, an alternative fuel source.

      • chaogomu@lemmy.world
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        1 month ago

        Ethanol is incredibly inefficient as a fuel source.

        If not for the massive subsidies it would not exist.

        Still, ethanol is a better fuel additive than lead. (Both reduce knocking)

        Still, the far better use is to grow food.

    • MacN'Cheezus@lemmy.today
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      1 month ago

      Hawaii does have the largest coffee growing industry in the entire US but they are severely limited by the amount of available land. Compared to other coffee-producing nations, the Big Island is microscopically tiny, so they mainly focus on high quality, artisanal product sold at extremely high prices. Not that I would mind if all the coffee sold everywhere would be replaced by Kona coffee overnight, but it just isn’t feasible.

    • Bluefalcon@discuss.tchncs.de
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      1 month ago

      Im guessing they also never seen how much the coffee from there cost. Plus supply and demand you dumb fucks. The cost will skyrocket. Kona coffee ranges from $30 to $100 a bag. Think of a massive increase of demand. Are we going to pay $100 a bag for low end stuff?

    • MystikIncarnate@lemmy.ca
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      1 month ago

      Foreign slave plantations.

      … Not that slave plantations anywhere makes it better, but the fact that it’s foreign will mean that not only is the labor mainly performed by slaves, but we’re also paying a premium because it’s imported goods. Double jeopardy.

      Yay capitalism!

  • regangetsthebat@midwest.social
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    1 month ago

    I’m sure the fuckface is going to only tariff countries and products he doesn’t like, that saidF we have no idea if Mr. KFC drinks coffee or andrenochrome (joke) my guess is he hates mexico so coffee is getting taxed and things like monster and coke are gonna be the only caffeine available. Start growing coffee folks.

    • InputZero@lemmy.world
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      1 month ago

      I have a gut feeling that his talk of tariffs is a bluff. Even if it’s not my gut still tells me there’s going to be exceptions for certain things that are big money makers for Trump and his allies. Trump’s administration is not going to tax themselves unless they can provide a loophole to get themselves out of it. Ultimately it’s the consumer who pays for tariffs, but they’re entire purpose is to slow down trade and if that costs Trump and his allies too much of their wealth it won’t happen.

      Trump is as predictable as he is unpredictable because he doesn’t stay consistent. He changes what he says and does to be perceived as best he can in that moment. Which makes understanding his actions a little easier, his past actions are irrelevant to his future decisions, it’s just about what’s in his head in the moment. Which is just a lot of words to say that Trump, his administration, and his allies are just chaos, and you never really know what chaos will bring except a change in the status quo. It’s not looking optimistic though.

    • MystikIncarnate@lemmy.ca
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      1 month ago

      You mean, so-called shit hole countries?

      As a Canadian, I’m curious if we’re considered a “shit hole country” to these fucks.

    • DragonTypeWyvern@midwest.social
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      1 month ago

      ???

      Not only do tariffs decrease demand by increasing cost, I think you’ll find that people have, in fact, considered that idea before.

    • Siegfried@lemmy.world
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      1 month ago

      Where is that? Brasil?

      My remembrance fo colombian coffee is that it was stupidly good and stupidly cheap to buy freaking everywhere inside the country… I may be wrong though

  • rotten@lemm.ee
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    1 month ago

    No tariffs have been set but we’re going to just assume they’ll be put on items we can’t even make. 100% tariffs on everything, trade isn’t something you strategically do.

    • GiveMemes@jlai.lu
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      1 month ago

      The incumbent has claimed repeatedly that there will be 10% tariff on all foreign goods. We can certainly bury our heads in the sand and pretend it’s not happening, but that doesn’t really do us much good.

      • rotten@lemm.ee
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        1 month ago

        Either he lies all the time or he tells the truth, can’t have both. I’d love to try elimination of the income tax in exchange for tariffs but there’s no way it’s going to happen despite whatever campaign promises were made.

          • GiveMemes@jlai.lu
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            1 month ago

            To expand on this, it’s laughably stupid because it disproportionately affects the poor. When everybody pays the same tax, poor people have to be taxed significantly more. Same rate of taxation on 35k and 200k, the person earning 200k can easily afford things like food and housing and a luxury car whereas the person making 35k would be pressed just to afford the increased prices on things like groceries and other necessities that tariffs bring. Not to mention that a 10% tariff would not support our budget, and that tariffs are intended to boost domestic manufacturing. When that does occur, the budget starts getting less and less because the US is no longer raking in the tariff cash.

            Basically, 20 seconds of thought could tell anybody that this is a terrible idea.

            • Zink@programming.dev
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              1 month ago

              Basically, 20 seconds of thought could tell anybody that this is a terrible idea.

              IF the thinker is looking for a good overall policy and not just trying to stick more money in their pockets in the short term.

              You expect them to cry about the working class affording food when they only have a house for three out of the four seasons of the year?

            • Liz@midwest.social
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              1 month ago

              I want to expand on your expansion of my glib comment. While taxing the poor and working class at a higher proportional rate is obviously immoral, it’s also bad economic policy. The working class are essentially the “engine” of the economy. Their income circles back into the greater economy at a much higher rate than a rich person’s. The harder you tax them, more more you slow down the economy. While is technically true for any tax bracket, you can tax the rich much more aggressively with very little impact on the overall economy, because so much of their money is for toys.

              We’re actually seeing a big problem right now, with so many billionaires they are running out of decent places to put their money that’s worth their time. We have way too many billionaires and not enough millionaires and small business owners. A billionaire will never invest in your taco truck, but the local “fairly rich” guy might. The billionaires are betting big on AI, in part, because they have no other bets they can make. We need to tax their asses way more aggressively and pump that money into micro businesses to make our economies robust.

              (While I’m speaking about the US in particular, this is somewhat of a global trend.)

        • zeppo@lemmy.world
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          1 month ago

          Why try that? It’s terribly regressive economic and taxation policy. It’s essentially a huge sales tax.

    • zeppo@lemmy.world
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      1 month ago

      That’s the problem. Trump is a complete fucking idiot, so just because something is a terrible strategy doesn’t mean he won’t do it. Look what happened last time with the tariffs on Chinese goods and the small trade war he sparked that screwed over soy exports. Did Trump learn anything from that? Or his voters? Evidently not.

      • ziggurat@lemmy.world
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        1 month ago

        You can grow a banana at home. Dwarf banana plants can grow inside. The normal size banana plant is not living room sized, no wonder people think they grow on trees

        But how many people drink coffee? And how many bananas can you grow for your self?

      • EzTerry@lemmy.zip
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        1 month ago

        Coffee grows on Hawaii, Puerto Rico, and recently in a little bit in CA (to add to water problems)

        But Labor + limited amounts means it won’t be cheaper

          • Lauchs@lemmy.world
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            1 month ago

            That’s the thing I find most depressing about a trump presidency, there will be a time when the rational Left looks back on it as “when things weren’t so bad.”

            Like, when I was a kid I, and many others, never imagined there could be a president dumber than Bush…