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US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

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Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

#351
post #68
post #48

Earlier quoted context omitted.

> ... American consumers will end up paying the tariffs This has always been the case. I have never heard of a company absorbing tariffs on behalf of consumers in the day and age of "trickle down economics".

So far indications are many companies are eating the tariffs, for now. Even making them visible has drawn the ire of Trump a few times already. But I generally agree that it can't go on forever / not how it works historically.

Eating the tariffs to avoid punishment from the government is just price controls with the dash of lawlessness. Something will give and it will be either profits or prices.

Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

#353
post #21

I'd tell the bully "no deal" if I don't get controlling interest, and thus full control of the board.

I'm not sure anyone but Intel is against that. Both US parties are most likely furious that the CHIPS act was a massive waste of money. TSMC would love to outright buy a massive US presence with valuable IP. The US desperately needs Intel to turn things around to remain a strategic advantage. Only Intel in their cesspool of hubris would want to keep the status quo of mediocrity. But TSMC, please please please, get In…

  > CHIPS act was a massive waste of money
interesting, i haven't heard much directly about the results, but in what ways has it been a waste?

Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

#355
post #251

Earlier quoted context omitted.

The full AI summary from DuckDuckGo for "How do tariffs work?" >Tariffs are taxes imposed by a government on imported goods, making them more expensive to encourage consumers to buy domestic products instead. The costs of these tariffs are typically passed on to consumers, resulting in higher prices for imported items. I don't see any "college level vocabulary words" and it directly says that it makes goods more expe…

domestic looks pretty challenging. /s Edit for the sarcastically challenged among us.

Like the beer?

Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

#356
Kick the Tariff dog too often and it will bite. Huge Aluminum/copper/wood tariffs have moved Canada to export diversely. These supplies are tight and this year's production has been purchased in Europe/Japan/Asia who are short. Since the USA can not plant magic 1 year wood seeds = new growth 10-20 years out. Houses use a lot of wood/copper/aluminum = a bad 2-3 years comes knocking. Plastic(PEX) can make pipes, but they are a lower quality. Bamboo grows fast and can be used for glued under pressure wood for most uses, but it is not cheap made in the USA

Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

#357

Earlier quoted context omitted.

Just because someone has a different point of view than yours does not make them stupid. I know plenty of people that have different views of mine that are much smarter than I am, and engaging with them leads to interesting conversations. I can still think they are "wrong" at the end of these conversations, but I'd never call them stupid. Hell, the lottery is often described as a tax on poor people. Yet the vast majo…

I appreciate you trying to "remember the human" which is one of the top rules of hackernews and every single comment replying to you isn't bothered that they call a whole swath of people stupid. How can we heal, change, and recover from this without reaching out and understanding their POV.

Even after observing and understanding, healing and recovery may be impossible. Change is still inevitable of course.

Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

#358

Earlier quoted context omitted.

Just because someone has a different point of view than yours does not make them stupid. I know plenty of people that have different views of mine that are much smarter than I am, and engaging with them leads to interesting conversations. I can still think they are "wrong" at the end of these conversations, but I'd never call them stupid. Hell, the lottery is often described as a tax on poor people. Yet the vast majo…

> Just because someone has a different point of view than yours does not make them stupid. He never suggested that. You defended these voters by saying they gladly accept the propaganda information diet, not that they have well-reasoned differences of opinion.

No, that's not my defense. You're putting words in my mouth. I'm saying that because they voted for someone that you disagree with for whatever reasons does not automatically make them stupid. They could have voted for someone for a totally different reason than tariffs. Now their guy is doing something they don't know anything about and now they are personally getting attacked. Whether they know anything about that topic or not does not make them stupid. If they attempt to argue without being fully versed by quoting what the face on TV tells them, again, that doesn't make them stupid. It just makes them very bad at debating. Look at all of the "man on the street" comedy interviews that are out there. Most of these people have no clue about what they are talking about, but just want to argue against the other side. A lot of the people are definitely not "very smart" but that's because they are cherry picked for that purpose. There are a lot of people that voted for this guy because the last guy was just unable to articulate much of anything and did not put forth a lot of confidence in pretty much anything. Knee jerk reactions usually have some pretty negative consequences. Just looking at current polling suggests there are a lot of people that voted for this administration yet are not happy with what is going on. Yet you are saying they are stupid. If these people were really onboard with "other countries pay the tariffs" there would not be negative polling numbers.

All I'm saying is stop painting with a broad brush in that anyone voting for a party is stupid. I'll defend people voting for who they want or even voting against someone they don't want. To call them stupid is just stupid.

Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

#359

This is like an old fashioned Civilization game trade. Taiwan gets a significant ownership in a blue chip US company, TSMC should then take %51 control over intel, and turn it around. The US gets a stronger position with China such that china attacking Taiwan would be like bombing Apple or Google. The USA will go to war over that. Only the willingness to go to war, stops aggressors. War is terrible and economic compe…

Only the willingness to go to war, stops aggressors.

I'm pretty sure that's why China is saber-rattling so openly. I don't endorse the CCP's arguments for Taiwan being part of China (which rest on a very flimsy historical foundation and are mostly tied to the ROC government fleeing there), but I fully understand their dislike of being militarily encircled by the US. Other Asian nations appreciate the status quo under a Pax Americana, but have made it clear that they are less than enthusiastic about participation alongside the US in any military conflict centered on Taiwan.

Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

#360

Earlier quoted context omitted.

It has nothing to do with stupidity. Stop painting people as idiots because they exist in one of the most information hostile environments in human history. This isn't some natural state that's unrecoverable. The people you describe have been given a highly addictive media environment tailor made to engender outrage and drive behavior. It shouldn't be a shock when most people cannot resist it. The first step to chang…

> most information hostile environments in human history Is it though? East Germany comes to mind as well as the rest of the Cold War countries behind the Iron Curtain. China seems to be pretty hostile as well. In the US, it is still much easier to find real information that counters the propaganda than it is in any of those other countries. There's no Great Firewall to bypass. You don't even need to do anything anon…

"Great Firewall"... thats propaganda my friend. American Internet is not open either, its just censored differently
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