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The offical Trump Tariff thread

Discussion in 'BBS Hangout: Debate & Discussion' started by astros123, Feb 1, 2025.

  1. deb4rockets

    deb4rockets Member
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    Fox News hosts make great comedy. I wonder if she takes a double dose of Ivermectin when she feels sick.
     
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  2. astros123

    astros123 Member

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    Youre arguing with someone who's telling you the CHIPS act did nothing to onshore manufacturing lol when the TSMC execsare on recoed saying they only opened up the new plant cuz of the legislation

    Yall are arguing with a braindead troll who's telling you 1+1=5
     
  3. rockbox

    rockbox Around before clutchcity.com

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    They also found lots of engineers here entitled. Asking for a lot for not much skill.
     
  4. Amiga

    Amiga Member

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    That’s exactly where we should focus - on high-value, high-tech segments like automation, robotics, and AI-enhanced manufacturing. Low-skill, labor-intensive manufacturing can go to lower-cost countries.

    But to lead in the next economy, we need to be doing the fundamental things: attracting global talent and investing heavily in R&D.

    Right now, we’re doing the opposite. We’re making it harder for brilliant minds to come here and contribute (see U.S. Brain Drain), and public R&D funding is being axed. These are the people who will invent the next model of production and energy. If we lose them, we lose our edge.

    On top of that, a blanket global tariff, like what this administration is doing, is counterproductive. Strategic, targeted tariffs tied to national interest or supply chain security make sense. But across-the-board tariffs alienate allies and push other countries to lean harder into trading with China. That’s exactly how we get isolated, with fewer partners, less talent, and less innovation.

    If we want to outpace China, it’s not just about making stuff with fewer humans. It’s about making sure we are the ones designing the tech, setting the standards, and exporting it to the world.
     
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  5. AleksandarN

    AleksandarN Member

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    Oh look a classic Ghost deflection. Can’t argue on intellectual reasoning so has to change the subject when you get called out.
     
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  6. AleksandarN

    AleksandarN Member

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    ROCKSS and Ubiquitin like this.
  7. Amiga

    Amiga Member

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    I think you said you sell medical equipment, right? Nothing wrong with that, but I don't think you understand this industry very well. I have worked directly with Taiwan and China on new technology for over 20 years. It takes time to train any workforce that hasn't been trained, especially for something as specialized as semiconductor manufacturing. It makes perfect sense that Taiwan had to bring workers from Taiwan over, especially if they had a deadline to meet, not just for operations but also for knowledge transfer. The fact that they brought Americans to Taiwan for a year of training aligns with that.
     
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  8. Reeko

    Reeko Member

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    Y’all tired of winning yet?

     
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  9. Commodore

    Commodore Member

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  10. Space Ghost

    Space Ghost Member

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    100%

    We can do it but people are led to believe it's all about the stock market. Exporting dollars is a quick and easy way to get rich. If a person cares about the well being of the lower class, they will not be concerned about stock prices as long as the companies stay in business and continue to innovate.
     
  11. dmoneybangbang

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    Seems like Bidenomics was doing a lot of what you want in terms of onshoring strategic industries….
     
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  12. adoo

    adoo Member

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    you have shown that you can't see the whole economic forest.

    lower class folks work at lower paying jobs including jobs at McDonalds, Starbucks, Subway, Chipole, Target, Walmart, hotels, etc.

    as a result of the ill-conceived tariff war, the retail prices at these business go up, leading to less sales, as less people can afford them.
    layoffs follow, the lower-pay staff are usually the first to be layoff. this happened during the trade war in Trump 1.0

    if a person cares about the well being of the lower class, they should learn from what had happened in Trump 1.0's trade war
     
    #1152 adoo, Apr 4, 2025
    Last edited: Apr 4, 2025
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  13. HP3

    HP3 Member

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    Its not simply about the ****ing stock prices. The S&P 500 is representative of the economy. The prices the tariffs are going to add ot almost EVERYTHING is going to hurt people.

    I know there is a good person in there, beyond all the trash.
     
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  14. Space Ghost

    Space Ghost Member

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    SP500 does not represent the economy. you DAF
     
  15. Invisible Fan

    Invisible Fan Member

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    People here have likely thought of a possible war with China over Taiwan. What if a kinetic war happened now?

    Could we get Tim Cook to militarize hitech American iphone factories to churn out kit for our soldiers? Can we even make bullets and missiles for Ukraine, let alone the Pacific?


    What critical mineral exports is China limiting amid tariff war with US?

    As a countermeasure to US tariffs imposed by President Donald Trump, China has expanded its sweeping export restrictions on strategic minerals critical to defence, clean energy, and high-tech industries.
    The latest development brings out Beijing's growing willingness to weaponize its dominace over global mineral supply chains.

    Rare Earths and permanent magnets

    On Friday, China placed seven categories of medium and heavy rare earth elements under export control, including samarium, gadolinium, terbium, dysprosium, lutetium, scandium, and yttrium-related items. According to the Reuters, these minerals are essential for producing high-performance permanent magnets used in defence systems, electric vehicles, and clean energy technologies.
    Also read: China escalates trade war, imposes 34% duty on US imports after Trump's tariffs; files lawsuit with WTO“Full-blown export restrictions on high-performance rare earth magnets containing dysprosium and/or terbium will hit foreign industries and defence sectors hard,” said Ryan Castilloux, founder of Adamas Intelligence. “Importers are holding their breath—no one knows where the cannons are aimed.”China produces about 90% of the world’s refined rare earths, and the US is heavily reliant on Chinese imports.

    Earlier curbs on five strategic metals

    In February, shortly after the US imposed its first 10% tariff on Chinese goods, Beijing introduced export licensing requirements for tungsten, tellurium, bismuth, indium, and molybdenum. These metals are vital for electronics, clean energy, and defence technologies.The restrictions stop short of outright bans but are narrowly targeted. Some products, such as molybdenum, remain exportable under specific conditions.

    Battery and gallium processing

    In January, China proposed restrictions on the export of advanced battery and mineral processing technologies, including those used to refine lithium and gallium. These proposals, still pending final approval, signal China’s intent to curb foreign access to critical know-how.One Chinese company reportedly ceased exports of affected products soon after the proposal surfaced.

    Outright ban on antimony, gallium, and germanium to US

    In December, China banned exports of antimony, gallium, and germanium to the US, in response to Washington’s tightening restrictions on China’s semiconductor sector.
    Though officially limited to the US, the move has disrupted global markets.Despite export license regimes introduced earlier, shipments to major buyers like Japan, India, and South Korea were slow to resume. China mines or refines between 50% and 90% of global supply of these critical materials.

    Rare Earth magnet technology also off-limits

    Also in December 2023, China expanded its technology export ban to cover the production of rare earth magnets, building on previous restrictions on separation and refining technologies.
    The decision impacts all countries, further specifies China’s leverage over the critical minerals sector.

    Global response likely to accelerate

    Friday’s announcement—part of a broader retaliation against the US raising tariffs on most Chinese goods to 54%—is expected to galvanise efforts in the West to diversify supply chains.“This will cause European companies and governments to also think: what’s the risk of export controls hitting us next?” said Jacob Gunter of the Mercator Institute for China Studies.
    According to Canada-based Mining.com, heavy rare earth elements (HREEs) are of particular concern. “There is currently only one HREE-focused operation outside of China, Myanmar, and Laos,” mentioned David Merriman of Project Blue. Even that mine, Serra Verde in Brazil, currently ships its output to China for processing.

    Control over producing and refining

    China controls the mining, refining, and export quotas for many strategic minerals. While rare earths are abundant in the earth’s crust, the refining process is complex and environmentally hazardous—an area where China has secured dominance.Beijing’s ability to throttle supply via licensing, rather than outright bans, allows it to flex its muscle without completely cutting off trade—a tactic that keeps global markets in suspense.
     
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  16. Space Ghost

    Space Ghost Member

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  17. Nook

    Nook Member

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    More handouts??? The President's tax plan includes literally trillions of dollars in cuts for the ultra-rich. We have the greatest wealth imbalance in 100 years in the United States, worse than in the 1920's. The top 10% are 50% of discretionary spending.... we have a billionaire president and the wealthiest man in the world handling the cutting of government agencies...

    More handouts? **** off
     
  18. Space Ghost

    Space Ghost Member

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    I would vote for it again and again and again over Kamala or Biden.
     
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  19. TheRealist137

    TheRealist137 Member

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    we know, because you are a cultist
     
  20. CCorn

    CCorn Member

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    I agree.

    Who needs the USA to be the richest country in the world anyways! At least we won’t have those 6 trans athletes in texas playing on our highschool teams!
     
    astros123, HP3, deb4rockets and 2 others like this.

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