I have bought some really well made "Chinese junk". They are the captain now of manufacturing. I was in India last week and saw the byd cars myself. This vehicles look better made than teslas and VW. There is a reason why they won't let them import them.
Really not the time to sleep on China if you want to keep your Imperial empire guys.
China completely ravaged US manufacturing and y'all are still in the corner wanking over 'cheap Chinese product.'
China doesn't just make the cheap things you use. They make everything you use.
Stop licking your wounds with petulent little jabs like this and start finding a way to compete. You know, the way your sacred free market dictates that you should.
China went from making cheap things to making everything you use cheap with either you or the American corporation you purchased from pocketing the difference.
They're on a path to making things better than the US and once they do, we'll have a new world order. If the US doesn't wake up now, the second half of this century will be very different than the past 150 years.
Do you ever wonder how they can be so much cheaper?
Low labor costs and centralization but the how matters less than the if and when (will they supercede the US) in this scenario.
They're on a path to making things better than the US and once they do, we'll have a new world order. If the US doesn't wake up now, the second half of this century will be very different than the past 150 years.
What are you thinking of?
The right time for Chinese tariffs was 1980.
Not arguing. But why that year specifically?
Ball had started rolling on Reform and Opening Up by about that time
It's roughly when the US shut down practically all of our manufacturing plants and laid off the vast majority of our manufacturing talent.
We've had some 40 years of mostly not passing down the knowledge of how to manufacture things well.
What manufacturing we still have is pretty amazing, but the demand for cross training - should those jobs return - is going to be way more than the remaining available talent can take on.
Bringing it back in 1980 would have given us a shot to pass on all the skills of the previous generation of skilled tradespeople.
I'm approximating, but it's in that general time period when manufacturing was moving to China, and with very little concern for the American worker.
She got thinner
Egg prices
I don't think selling your eggs makes an actual visible difference?
The Trump administration is destroying our great nation's thick milfs
Can't afford avocado toast anymore
If tariffs worked at all like Donnie portrays, to revitalize domestic production and promote local jobs, to help balance a trade deficit, and allow for market choice based on quality more than price, it might be useful.
The reality though is that the American manufacturing and industry space is functionally dead. We've shipped production elsewhere to reduce costs and that's not something that'll get reversed in any short order. All his big talk will do nothing beyond get the additional costs passed onto the buying public while the producers keep laughing all the way to the bank. They'll take any extra taxes gained and put it into the military budget and continue stripping public good services to the bone all while cheering how great we've become. Look at the new carrier group we'll build! So much winning for us both domestically and abroad!
They'll take any extra taxes gained and put it into the military budget
Trump is actually trying to cut the military budget too. Which is actually problematic because we have a lot of equipment (particularly aircraft) that is aging out and we already can't develop and/or manufacture replacements fast enough
Even if he did, which I really doubt since nobody ever does, I'm pretty sure they could find a way to rearrange some spending in that, what is it 800-900 Billion now?
I wonder what Project 2025 has to say about that
Right? This does nothing without initatives to help people launch manufacturing start-ups
Here's my uneducated take, with little to no understanding of what's going on in detail:
US public debt is at extraordinary levels. The treasury is hesitant to issue more debt and Donny doesn't want to start his tenure with raising taxes on poor people (that will come in a few months, under the pretense to raise money for war with China or some shit). Therefore, he needs to collect money, whilst appeasing to right nationalists & business. Enter: Tarrifs.
Destroy my armchair take!
He’s already planned tax “cuts” that only cut taxes for those making north of $500k/yr. They go up for everyone under that. So we got both!
The last time we had a balanced budged was during the Clinton years. Now I was barely out of high school and hardly paid a bit of attention to such matters at the time, but then there was a little event towards the end of 2001 that turned everything upside down. The military and police became supreme concerns and letting The Market™ fix everything was the name of the game under Bush. So much so that we got to experience the 2008 collapse during the Obama years in a major part due to the banks giving loans to people who couldn't pay them on properties that where massively over valued. We've never managed to put things back in order since, in part because the climate got so polarized that 'my team' could NEVER support anything in the least that would be supported by THEM.
Throw in a dash of citizens united completely shifting any sense of public input into politics for anyone not a multi millionaire or more and some populist prattling about the good-ol-days and you get what we have now where a big chunk of people who can't care to think for a moment of the actual policies being proposed beyond which team put it forth and you have a lovely recipe for an open pillaging by those with the power to do so.
Yeah, part of me wants to just shut off the news for the next several years, but unfortunately being prepared requires being aware...
The next four years will be fascinating to watch.
are you watching from outside or inside? i got the feeling one is less stressful than the other
For someone with family ties in Ukraine, being on the outside is still incredibly terrifying. Let alone that Muskfuck is now promoting AFD
From the outside I’m mostly concerned about the future of the NATO alliance. Trump threatening to annex NATO allies wasn’t on my bingo card.
It's stressful enough from the outside 😰
Very far on the outside.
Definitely won't be boring.
We live in interesting times, no doubt about it.
This comic misses the incentive for local businesses to chase the new profit margin created by the tariff.
If your competition is import goods, you may sell a quality product at $2, with the import version at $1.50. If the tariff causes the import to rise to $2.50, then the local capitalist will raise to $2.40. There’s no reason not to take the extra profit made from a selfish perspective.
Alternatively, the importer could leave the market. But now you have a monopoly, which again, is anti-competitive and leads to raised prices and malicious practices without consumer protections, which the administration seems to be firing.
These are great moves for capital owners to reshape and control market. Consumers will suffer.
This implies that local availability of competitive products exists, which for the vast majority of things in the US is not the case. So many of our goods are made overseas and imported.
Tariffs are going to raise consumer expenses till one of two things happens: Local production ramps up and provides local goods (at likely a similar or higher price because our wages are higher than overseas) or a political change occurs that results in the removal of the tariffs. Either way US consumers are going to feel the increased cost of goods for the foreseeable future...
And meanwhile many small businesses will go down since they don't have the bargaining power like their bigger competitors. The rising prices of their suppliers will completely wipe out the tiny margins they had. Even if they raise their prices their competitors can undercut them even more aggressively now. Also quality and quantities of products will go down.
Hypothetically this could create business incentives for building local capacity, but realistically manufacturers are not going to invest with the assumption that these tariffs will be permanent. Eventually either Trump will back down or he'll be replaced by someone else, and the tariffs will end. Why invest in manufacturing when there's no long term guarantees for profitability?
Agreed that the typical, more realistic case is what will happen.
I’ve gotten into arguments with other keyboard warriors over this point, so it’s something I mention when tariffs are discussed.
"Junk" lolol, the computer in your pocket? Or the drones capable of turning the tide in a war? 🤔
That stuff was never cheap though
They are cheap compared to what they would cost if they were made on US Soil by Americans
“Hahah how true,” the liberal said as they view this on their Chinese made iPhone.
Really revealing American racism for what it is. But please, keep it up. People are noticing, and you’re losing more voters.
