Offshoring to stable countries is looking really smart now.
Tariffs Are Proving 'Big Headache' for Tech Giants, Says Foxconn
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Re: Tariffs Are Proving 'Big Headache' for Tech Giants, Says Foxconn
#12Maybe the tariff should be a separate line item, like sales tax?
That’s how it is at DigiKey and some other B2B focused distributors.
Re: Tariffs Are Proving 'Big Headache' for Tech Giants, Says Foxconn
#13Earlier quoted context omitted.
Sounds like airline bills.. I don't really see how that has worked out for them.
At least you specifically see what each charge is costing you.
Only at the last second of the purchase, when you're already mentally commited to buy at a lower previously advertised price
Re: Tariffs Are Proving 'Big Headache' for Tech Giants, Says Foxconn
#14Everyone hates tariffs because everyone hates taxes. If a government uses protectionism for a specific policy goal, like developing a domestic auto industry, that can be very effective and we've seen that work lots of times in lots of countries. The US may have recently managed to achieve this with microchip production.
But when tariffs are applied broadly we all pay more in taxes. And it's worse than a more familiar increase in sales or income tax because it can absolutely wreck supply chains.
Re: Tariffs Are Proving 'Big Headache' for Tech Giants, Says Foxconn
#15It's wild - tariffs meant to shield U.S. interests end up giving Apple and Foxconn headaches, shifting their entire strategy. Reminds me of closing one door only to notice everyone's sneaking in through the window. Protectionism might feel good, but tech always finds another route around.
I’m skeptical the tariffs were mean to shield US interests rather than just being intended to do exactly what they’re achieving: isolating the US by driving investment and allies away, while contributing to a recession where oligarchs can further consolidate power and wealth. If you look at them as an attack on the US, everything makes a lot more sense.
Agreed, it's exactly what I'd do if I wanted the US to withdraw from global relevance.
Re: Tariffs Are Proving 'Big Headache' for Tech Giants, Says Foxconn
#16Everyone hates tariffs because everyone hates taxes. If a government uses protectionism for a specific policy goal, like developing a domestic auto industry, that can be very effective and we've seen that work lots of times in lots of countries. The US may have recently managed to achieve this with microchip production. But when tariffs are applied broadly we all pay more in taxes. And it's worse than a more familiar…
If tariffs work at all (which is doubtful), they're supposed to be part of an overarching plan with a long-term strategy in coordination with industry so that they can actually invest in creating new manufacturing. It certainly isn't going to work when tariffs are going on-off-on-off-25%-200%-10%-off-on-sometimes-off-on again. How in the world is _anyone_, American or otherwise, supposed to plan around this?
Re: Tariffs Are Proving 'Big Headache' for Tech Giants, Says Foxconn
#17It's wild - tariffs meant to shield U.S. interests end up giving Apple and Foxconn headaches, shifting their entire strategy. Reminds me of closing one door only to notice everyone's sneaking in through the window. Protectionism might feel good, but tech always finds another route around.
I’m skeptical the tariffs were mean to shield US interests rather than just being intended to do exactly what they’re achieving: isolating the US by driving investment and allies away, while contributing to a recession where oligarchs can further consolidate power and wealth. If you look at them as an attack on the US, everything makes a lot more sense.
This is the correct way of thinking about it. The tariffs aren't meant to drive economic growth, they are meant to tank the economy and drive a wedge between the US and allies. The ultimate goal is to start a recession and an extra bonus goal would be to get US army bases in Europe shut down. That would make Putin extra happy.
Re: Tariffs Are Proving 'Big Headache' for Tech Giants, Says Foxconn
#18It's wild - tariffs meant to shield U.S. interests end up giving Apple and Foxconn headaches, shifting their entire strategy. Reminds me of closing one door only to notice everyone's sneaking in through the window. Protectionism might feel good, but tech always finds another route around.
They don’t really want to collect tariff $. They want to force production in the US, which the article says is what they are going to do. That’s not a window being jumped through, that’s the intent. Or am I missing something here?
Re: Tariffs Are Proving 'Big Headache' for Tech Giants, Says Foxconn
#19Everyone hates tariffs because everyone hates taxes. If a government uses protectionism for a specific policy goal, like developing a domestic auto industry, that can be very effective and we've seen that work lots of times in lots of countries. The US may have recently managed to achieve this with microchip production. But when tariffs are applied broadly we all pay more in taxes. And it's worse than a more familiar…
Chip on shoring may lose its subsidy: https://www.reuters.com/technology/trump-wants-kill-527-bill...
Re: Tariffs Are Proving 'Big Headache' for Tech Giants, Says Foxconn
#20It's wild - tariffs meant to shield U.S. interests end up giving Apple and Foxconn headaches, shifting their entire strategy. Reminds me of closing one door only to notice everyone's sneaking in through the window. Protectionism might feel good, but tech always finds another route around.
I’m skeptical the tariffs were mean to shield US interests rather than just being intended to do exactly what they’re achieving: isolating the US by driving investment and allies away, while contributing to a recession where oligarchs can further consolidate power and wealth. If you look at them as an attack on the US, everything makes a lot more sense.
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