US Administration announces 34% tariffs on China, 20% on EU

Don't forget that you first have to build the factories and somehow resuscitate the knowledge that died a few generations ago. A factory isn't just a big warehouse full of low skilled people, you need machines we don't have anymore, processes we lost, &c.

A possible retaliation by the EU could be to not enforce US intellectual property rights in the EU anymore. Or we could start taxing cloud companies, who, until now, have not paid taxes in the EU for profits that they generate in the EU.

There have been rapid recent advances in robotics, both classical industrial robotics (advanced by rapid iteration with digital twins and simulation environments like Omniverse), and humanoid robotics (pushed forwards by Boston Dynamics, Figure and a lot of other recent entrants). So if we really do achieve AGI that would take over white collar jobs, manufacturing jobs will likely too be taken over very soon thereafter.

There is no American hegemony in this current day and age. Probably dead like 15 years ago.

Say what you well regarding Trump, he understands this.

Trump is a smart man to spot problems, but he surely didn't know how to do it in a way that doesn't lead to self harm. He crazes for a bombastic firework that demands for all and any attention.

The US version of capitalistic economy has driven its internal inequality to the point the political system can no longer sustain it, while in the meantime, doesn't have an established social safe net, as major European countries have. So the populace elected Trump to root it up.

It is absurd, it is ridiculous, but deep down it is logical. Weird and dangerous time ahead.

My take on all this is that everyone seems focused on the U.S. dollar’s dominance, the empire, trade deficits, and exchange rates. And sure, there’s some validity to that, but the real issue, or really the real goal, is getting people back to work.

You might not see it, and maybe I don’t fully see it either, but as office workers, bureaucrats, and technologists staring at screens all day, we’ve lost sight of the fact that America no longer produces like it used to. Yes, there are still people out there working with their hands, feeding the country, and running small industries. But broadly speaking, the U.S. relies heavily on other countries for complex manufacturing — for actual building. Shipbuilding is just one obvious example. A lot of critical industries have withered to the point where they can't even meet domestic demand, let alone compete globally. Meanwhile, other countries are pushing forward in tech, producing better, more efficient, more productive products — and pulling ahead.

It’s not happening all at once. It’s a slow decay. Generational knowledge industrial skills, trades, machinists are all fading. And when those go, the backbone of resilience and self-sufficiency starts to collapse. A nation that can’t produce can’t stand. Export power becomes a dream.

And I think part of the issue is that we’ve become lazy. People don’t want to work anymore — they want things handed to them. Entitlements, bonuses, luxury homes, multiple cars, the works. But someone has to build all that. Someone has to maintain the food supply. Someone has to assemble the vehicles. Someone has to keep production alive. Yes, technology can help fill gaps, and we’ve done amazing things — and still do — but America’s edge in tech? That’s slipping away. China has surpassed the U.S. in key areas of advanced technologies, auto manufacturing, aerospace, and absolutely obliterating in shipbuilding. U.S. industry? Ashes in many places.

So what’s the answer? Unfortunately, hardship. Nobody likes to say it, but raising prices and tightening the belt forces people to make hard choices. And when that happens, the jobs that matter won’t be office jobs or desk jobs — they’ll be builders, machinists, welders, factory workers. Producers. And those jobs will start commanding the wages. People who’ve been unemployed or living on subsidies will be pushed — or pulled — back into that kind of work. Slowly, painfully, maybe, but steadily. And maybe, just maybe, we’ll rebuild that base. Maybe industry will return. Maybe factories and production will grow again.

That’s the end goal here; even if we don’t like how it’s being done. Even if it’s painful. Even if it doesn’t work the way it’s intended. Because maybe we’re not as strong as we think we are. Maybe we fail. It’s happened before — look at the USSR collapse. It was a fake economy built on fake production and apathy. They endured 20 years of hardship, and they’re still trying to catch up.

So yeah, that’s where I think we’re headed. Is Trump the guy to do it? He’s doing it. Someone had to. Is it the right way? I don’t know. Is it going to work? No clue. Will we succeed? Who knows. Or maybe we just keep punting the problem further down the road; business as usual — until it breaks completely.

But either way, the path forward is either a slow crumble followed by a rebuild, or a brutal reset with the hope of rebuilding something stronger on the other side.

That’s just my two cents.