This is a most excellent place for technology news and articles.
If it would not affect the life of so many people, I would enjoy seeing the country fall apart. Now I just feel sorry for all the poor bastards that have to live there.
I do suspect immigration won't be an issue in a couple of years, because nobody wants to live there anymore. So that's something to look out for.
Guess I'm 10% less likely to buy one then. If crashing consumer confidence is the goal you're well on your way Mr President.
We're not the consumers Trump cares about
Follow the money. Where do the tariffs end up?
In the government’s coffers
Which then get used to buy Spacex and Tesla merch.
TBF I was always 100% less likely to buy an Acer.
I think you're being too generous. I'm probably not alone in saying that a 10% price increase gives me 0% interest in buying a new laptop.
Regardless I'm not buying a new laptop. My 15 year old netbook is chugging along and if it suddenly died I'd sooner rehab another used one rather than make this economy look in any way good by buying new.
"Guy in charge of increasing profits and blaming whatever to justify price hikes is actually right this time..."
Good thing that the US has a monopoly on chips and they don't mostly come from Asia/China, right?
The only thing this is assuring is that other places like Europe don't pass through US brands before getting their computer equipment. If China was already good at one thing, it was at creating generic brands to bypass things like US IP for other regions. Now, the US has given them an additional stimulus in doing so. Hell, it has even given other countries a reason to support China over Taiwan. If you are looking for something to invest in, might want to look into investing in AliExpress.
MAGAts be like: "I don't own a computer since I got a smartphone, it's good enough for checking my e-mails and facebook account, so it doesn't bother me."
Winning!
So much for a free market.
Damn.
lol great
How exactly does this hurt the planet? If the United States imports fewer laptops, then that means there are less laptops coming over on ships from China which saves fuel. If tariffs cause a rise in US production, then the production of the product is closer to the end consumer, again saving fuel.
The same amount of laptops will come over, we’ll just be paying more for them. The production of laptops from scratch in the U.S. will very likely never happen. The best case scenario where we do become an electronics manufacturing powerhouse would take literally decades.
If tariffs cause a rise in US production
This is one of the problems with the Trumpian approach to tariffs. I don't know if you hadn't noticed, but there's remarkably little manufacturing in the USA for quite some time now, but let's play this out.
The cost to set up a laptop manufacturing firm in the US is anywhere from $50,000,000 to $200,000,000. Then, you've gotta acquire all the raw materials and components to assemble the laptops, let's call that another $500,000,000. Then, of course, you've gotta staff the place, and this is in a country where we do not have a lot of people that are experienced in manufacturing. Let's call that another $100,000,000. By the time you add in R&D, logistics costs, legal and compliance (because the US is a bit more stringent than China in this area), you're talking about $1 - $3 BILLION in costs.
Now, out of the few people / companies that have enough money to actually set up a laptop manufacturer in the USA, think about how confident they'd have to be to pull this off. The largest problem is, if you spend your billion dollars and build this factory and then the next week Trump removes the tariff, you're instantly competing with foreign firms again, and you're going to be going under pretty fast.
I'd say this tariff would have to be in place at LEAST 10 years before anyone gets confident enough to spend the massive amount of money and effort quoted above. When you think about how many millions of laptops are going to get sold between now and then, it's pretty clear the American consumer is going to take a huge bath in the meantime.
Like so many things Trump is doing, this tariff is supposed to piss off China but just ends up fucking the consumer. Trump and his billionaire friends don't care if a laptop is an extra $200. That's change they can find under the couch. For your average American trying to make ends meet, that $200 sure as fuck would be useful.
So go ahead, vote Republican to "own the libs". Just don't be surprised when the sudden pain you feel in your wallet is very real.
That 10-year time horizon is a very good point. And it's not likely that the tariff would stick around that long since every four years has a changing administration who can do whatever they please in those regards.
Personally, for me anyway, I am a Monero holder and am seeing prices fall fairly rapidly. For example, a thing of beard oil in October of 2024 was 72.9mXMR and is now 61.11mXMR (-16.2%).
That 10-year time horizon is a very good point. And it's not likely that the tariff would stick around that long since every four years has a changing administration who can do whatever they please in those regards.
Lol, you guys are hilarious. I keep seeing these comments.
Fascists don't allow fair elections.
The only way the magats are leaving office is mass insurrection / mass protests & strikes or revolution.
It most certainly won't happen at the ballot box
I hope there is a prediction market on this at some point because I do not think it's likely that they will be able to block elections. I'd love to put my money where my mouth is.
Oh they won't stop / block the elections initially they'll hold that first one & just conveniently get 75+% of the vote like every dictator before him.
I'm happy to put money on it if you can find a market. I've been unfortunately right too much, not because I'm smart but because you can literally pull out a history of Nazi rise and map it onto MAGA and the last 10 years. The only hard bit is guessing the timings, not what, just when.
I'd really like you guys to break out of this and prove me wrong
Here you go friend: this is a prediction market on whether the Republicans or Democrats will win the house next year: https://kalshi.com/markets/controlh/house-winner
If your prediction is right and there are no more elections this will be easy money for you.
Ok, but this isn't a betting site, this is an options contract, which given the current price split of 73c:28c is not a good buy (winning isn't profitable and you're tying your money up for 2years).
The price however is inline with my statement - that market considers a GOP win a near certainty.
I've checked the mainstream betting sites and GOP are solidly odds on (4/6 on through 8/13on) which isnt hugely profitable but I guess it'll shorten even further
Edit to add odds screencap
The price however is inline with my statement - that market considers a GOP win a near certainty.
You are reading the results backwards - Kalshi predicts a Democratic win at ~70% (as of now) probability. I agree the payback isn't huge... but if you're SURE then it's easy money!
whatever. I don't know who kalshi are and I don't trust anything American. Betting agencies in my own country have it at a bit worse than evens. I trust paddypower or bet365 who have been around decades to pay out a lot more than some US tech bros. Ignoring the fact it's not a bet, it's an options contract.
And yes, you can keep circling around poking at it but I stand by the assertion that there won't be a fair election in 2026 because a) trump has been running line by line down the Hitler playbook and b) he said the quiet part out loud (after nov24 i wont need your votes) and c) musk's kid outright said the same thing too and 4year olds dont drop clangers like that unless someone has said it in front of him
Ping me in two years
What's stopping you from placing a wager on your favorite platforms then? You seem to feel quite confident it's going to happen, yet for some reason aren't willing to get that "easy" money...
Already have. The biggest delay was I dont normally bet so had to create an account
Good luck out there! I am taking up the opposing position, and I am curious who will win.
Mate, I'd love to be wrong and lose the money. Maybe the Yanks will actually front up on all their "second amendment protects us from tyranny" but I doubt it.
