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Gamers Nexus essentially produced a 3-hr doc on how changing tariffs affect the US computer industry: "The Death of Affordable Computing | Tariffs Impact & Inve

• fnordpiglet 1y ago
  It’s even farmers and growers - https://youtu.be/aCI9xlMrb1w https://youtu.be/aCI9xlMrb1w Seeds sourced from China - which a lot are - have skyrocketed in price.
  • georgehm 1y ago
    Maybe I am being foolishly optimistic, the section in the video (~ 4:50) where it is mentioned that some giant seed corporation is staying the course betting that this thing will blow over in a quarter or so actually gives me some hope ?
    • fnordpiglet 1y ago
      IMO, which isn’t worth a lot, it’ll go on as long as Trump refuses to eat crow. China hunkered down under extreme duress during COVID and emerged stable. We barely managed to survive much milder restrictions. And that was a global natural disaster of no one’s choosing. In this situation it’s all artificial, but it stokes the nationalism of literally every other country than America. The imperialism and condescension at work, the pure malice towards our allies and partners, it all works against America. China will never bend and nor do they need to or should they. In fact at this point it’s probably a point of national pride to maximize the embarrassment of Trump, and national strategy to push him into a corner hoping he lashes out more and further isolates America from its partners. This is an opportunity for China to break out of the corner America and its partners put it into and flip the roles. Once done, and Trump is neutered and America reduced, China will have a clear path to ascendancy as the primary global super power. I’m actually not sure this is all bad. A flatter more multipolar world is probably better for everyone, including America. But I think it’ll be a tough time in our history and the people who voted for Trump will be the ones who bear the most pain for his delusional misunderstanding of the way the world actually is vs what he wishes it were. But if I were to put $5 down, I’d wager this lasts until the GOP political fortunes have been decimated through their hubris and magical thinking and Trump is personally hung out to dry for his strategic blunder in launching a 195 front war.
      • sanderjd 1y ago
        It definitely isn't better for America or the world. We had a "flatter more multipolar world" during the "long 19th century". Pax Americana is certainly subject to a lot of valid criticism, but it was an even bigger mess before that.
        • fnordpiglet 1y ago
          Except I think as long as the “new world order” built around globalized trade networks of interdependence and agreements with dispute arbitration that China and the EU are leaning into was the framework Pax America built and was built to withstand unilateralism. Global organizations built around mutual benefit are ultimately going to win the day here, and it’ll be without American leadership - which will solidify the power of those organizations independently and through multiple power players rather than one. This is probably better than the prior order, and distinctly different than the pre-WW2 order.
          • sanderjd 1y ago
            Maybe! I struggle to see why you would feel confident in this outcome.
            • fnordpiglet 1y ago
              Mostly because everyone has benefited so much from the world order as it exists that no one really wants to lose it other than some fringe wackos. China definitely is a huge winner in the current world construction, Europe as well. The only losers are those that actively fight it - Russia, North Korea, and Iran. I think very few countries really see global domination through conquest as a legitimate goal, and the domination through trade alliances is more enriching, stabilizing, and easier to maintain. China especially I think has little desire beyond Taiwan and the south China seas as trade dominance allows them all the wealth of empire without the administrative headache of managing the internal affairs of conquest states. It’s better to have nations in debt to you than to own their problems.
    • sleepybrett 1y ago
      ... what hope exactly. The republicans in congress are so lost in the sauce that they won't challenge the great orange hope in the quarter. The soonest I think we can see anyone fighting back, politically, won't happen until the midterms AT BEST. This is assuming that the republicans/trump don't come up with some issue that they can swing the midterms on and/or don't gut the electoral system to the point that they can't lose. And even then I'm not sure that congress can actually do anything to fix this issue while trump is still in the white house and impeachment and removal seems unachievable. Say congress reverses it's delegation of tarrif power to the president. What happens if trump just does not obey congress, much like they are not obeying the supreme court. Do the republicans in congress have enough of a spine to actually remove him? How do we assure that removal actually takes place in the event that we can even meet the threshold? The man still, ostensibly, still has control of the military. Perhaps the military, secret service, any other guys with guns just refuses to help him resist congress like they did when he tried to deploy the military after jan 6th.. but they seem to have already cleaned house at the pentagon, with hagseth getting rid of more people who aren't sufficiently loyal enough to do crimes and/or coup the fucking government for trump. shit is getting scary.
      • Animats 1y ago
        > impeachment and removal seems unachievable. It takes 20 of 53 Republican senators for impeachment. That's a high bar, but Nixon was close when he resigned. Useful reading: "How the Good Guys Finally Won" (1975), by Jimmy Breslin. This covers how Nixon and Agnew were ejected. The Internet Archive has full text.[1] [1] https://archive.org/details/howgoodguysfinal00bres/page/n9/mode/2up?view=theater https://archive.org/details/howgoodguysfinal00bres/page/n9/m...
        • DrillShopper 1y ago
          The Republicans are the party of Trump. You're going to get nowhere near 20 out of 53 to convict. They will not let him get thrown out of office. If they didn't vote for impeachment in the two times he was impeached in his first term, and if they supported him after January 6th then they're not going to vote for impeachment now. The Republicans under Nixon were the same party in name only, and they did not have the same blind loyalty to Nixon. They had opposing voices. They had separate factions. Now the only faction is Trump-worship.
• _xerces_ 1y ago
  Two interesting things I took away from that were first that the uncertainty and constant changes of mind by the President on the actual rates and lack of reliable communications were almost as harmful as the tariffs. Second, that there is a "snowball effect" in that you often have to pre-pay, so you take out more loans at a worse interest rate to make your order and then if because costs went up, you order fewer items as well as being hit with a higher per-item cost. The whole thing is a mess and shows how incompetent the current implementation is.
  • hathym 1y ago
    it's called strategic uncertainty :D
    • Henchman21 1y ago
      Hmm, I’ve been using the phrase a fox in the hen house. Seems apt?
  • Spooky23 1y ago
    It’s why the government needs to curb and heel billionaires. A bunch of techbros who mistake money for smarts pushes an obviously dumb strategy to a pack of populist clowns and grifters. That should not be possible. The kickback from this mania is going to be pretty extreme pain for these clowns.
    • disqard 1y ago
      I fear you will be proved wrong. If history is any indication, then the blowback will be leveraged (successfully) to point fingers at other parties (doesn't matter who), and then the proposed remedy will be to double-down: "It didn't work the first time around because we weren't strong-willed/determined/patriotic enough, this time We Must Go All In, and stamp out any dissidents with extreme prejudice, for they are the Enemy holding us back from our Finest Hour!" etc, etc.
    • mjd 1y ago
      They'll blame Joe Biden, immigrants, Democrats, the Woke Mob, DEI, and trans people before they blame themselves.
• trhway 1y ago
  The retailers need to start showing tariff charge as separate line. People have the right to to see what they voted for. Yesterday Trump frantically called Bezos when Bezos threatened to do it, and Bezos seems to have backed up (probably got some concession for that). Edit: it is also can be treated as a consumer right to know, by analogy with food labeling), what are the major components of the price they are paying, and thus allowing for informed choice.
  • iAMkenough 1y ago
    Amazon considered it as a separate line, the White House called it un-American, Amazon stopped considering it.
    • trhway 1y ago
      >the White House called it un-American If anything, what can be more American than making clear when and how much the government is taxing the people? It is like at the core of this nation’s founding.
      • dgfitz 1y ago
        A subtle but important point: the people aren't getting taxed, the importer is getting taxed. If the importer passes those cost increases on to their customers, that is their decision. Of course the importer will pass the costs along, but that isn't the real point. The real point is that it is _expected_ that the costs will be passed along to the end consumer. The whole _goal_ of a tariff is to make people not want to buy the product anymore because it isn't worth the money. There is an uproar about these tariffs, and I get that, people hate trump and everyone who supports him, totally get that too, and when he does a thing, people are going to lose their minds about it. The point of the tariff isn't to tax citizens, it is meant to discourage spending, so the thing isn't imported, so the country of origin loses money and whatever they were selling now has even _less value_ because there is an oversupply. China needs somewhere to dump their slave-labor made garbage much more than US consumers need to buy it.
    • achandlerwhite 1y ago
• anigbrowl 1y ago
  Yeah, I watched that last week. Absolutely outstanding reporting, which I had not expected from a gaming channel.