Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

The many ways tarrifs will hit electronics

spectrum.ieee.org

Post reply on HN
Print view View original

81–90 of 184 posts

Re: The many ways tarrifs will hit electronics

#81

Post by carlosjobim »

bloomingeek wrote: post #67
carlosjobim wrote: post #22

Earlier quoted context omitted.

How many American houses are built in China? How much American rice is grown in China? How much American lumber is chopped in China? How much American electricity is produced in China?

Maybe your MAGA hat's brim is pulled down too low? There's a real, beautiful world out there if you're willing to see it. Knowledge is a good first step to beauty!

You added nothing to the discussion. Your mental state is that you are a member of a mob who are out to squash anybody who thinks differently, and that gives you an illusion of having power. But in reality you don't know any of the people here, and the only power we have as commenters online is to exchange thoughts and ideas.

As for the real world, there is a large variety of tariff policies around the world, and most countries implement much harsher tariffs than what Mr Trump is suggesting for America. There are many very good arguments for tariffs and against tariffs, let's talk about them instead?

Re: The many ways tarrifs will hit electronics

#82

Post by carlosjobim »

andsoitis wrote: post #40
carlosjobim wrote: post #22

Earlier quoted context omitted.

How many American houses are built in China? How much American rice is grown in China? How much American lumber is chopped in China? How much American electricity is produced in China?

Since the tariffs target the whole world, my responses look at imports rather than constraining to China. > How many American houses are built in China? Roughly 30% of the softwood lumber consumed in the US is imported, and Canada accounts for over 80% of those imports. Other key suppliers include China, Brazil, and Mexico. And that’s just lumber. The US now imports 1.5 million metric tons of rice. See trend: https:/…

That begs the question why electricity is cheaper in many countries which have the highest tariffs in the world?

My original questions were of course rhetorical, shining a light on the matter that neither the US nor any country in the world lives only on imported goods.

Since the economy, trade, and production is completely interconnected in a modern, industrialized world, then any changes in policy will have widespread effects. Including good effects.

Re: The many ways tarrifs will hit electronics

#83

Post by alabastervlog »

carlosjobim wrote: post #81
bloomingeek wrote: post #67

Earlier quoted context omitted.

Maybe your MAGA hat's brim is pulled down too low? There's a real, beautiful world out there if you're willing to see it. Knowledge is a good first step to beauty!

You added nothing to the discussion. Your mental state is that you are a member of a mob who are out to squash anybody who thinks differently, and that gives you an illusion of having power. But in reality you don't know any of the people here, and the only power we have as commenters online is to exchange thoughts and ideas. As for the real world, there is a large variety of tariff policies around the world, and mos…

> and most countries implement much harsher tariffs than what Mr Trump is suggesting for America.

Which ones?

Re: The many ways tarrifs will hit electronics

#84

Post by ty6853 »

atmavatar wrote: post #79
mindslight wrote: post #72

Earlier quoted context omitted.

Focusing on brackets for earned income is a distraction. Those only apply to relatively rare sports stars, actors, etc. The real cheats are things like tax rates being lower for capital gains, and that people receiving rental/royalty income can subtract all of their expenses (whereas wage earners cannot).

Arguably a bigger cheat is that if you have enough wealth tied up in stocks, you can realize capital gains for the sake of taking out loans to live off of without having to realize the gains for the sake of taxes. Then, you can pass those investments onto your inheritors with a stepped-up cost basis so they don't have to pay tax on the gains, either.

Yes even though I'm no fan of taxes, allowing borrowing against gains is clearly "realizing" them, it is an absolutely absurd fiction that allows this to be untaxed.

Re: The many ways tarrifs will hit electronics

#85

Post by debug-desperado »

atmavatar wrote: post #79
mindslight wrote: post #72

Earlier quoted context omitted.

Focusing on brackets for earned income is a distraction. Those only apply to relatively rare sports stars, actors, etc. The real cheats are things like tax rates being lower for capital gains, and that people receiving rental/royalty income can subtract all of their expenses (whereas wage earners cannot).

Arguably a bigger cheat is that if you have enough wealth tied up in stocks, you can realize capital gains for the sake of taking out loans to live off of without having to realize the gains for the sake of taxes. Then, you can pass those investments onto your inheritors with a stepped-up cost basis so they don't have to pay tax on the gains, either.

Ah yes: buy, borrow, and die. It definitely works.

I don't think stepped-up basis should go away though, otherwise it's just the government getting a second cut of the inflation it causes.

The bigger issue for society is that our equity markets just don't have any real risk of losing your lunch anymore, so these strategies emerge.

Re: The many ways tarrifs will hit electronics

#86

Post by carlosjobim »

alabastervlog wrote: post #83
carlosjobim wrote: post #81

Earlier quoted context omitted.

You added nothing to the discussion. Your mental state is that you are a member of a mob who are out to squash anybody who thinks differently, and that gives you an illusion of having power. But in reality you don't know any of the people here, and the only power we have as commenters online is to exchange thoughts and ideas. As for the real world, there is a large variety of tariff policies around the world, and mos…

> and most countries implement much harsher tariffs than what Mr Trump is suggesting for America. Which ones?

[flagged]

Re: The many ways tarrifs will hit electronics

#87

Post by 542354234235 »

llm_nerd wrote: post #43
Workaccount2 wrote: post #19

Earlier quoted context omitted.

Trump wants to get rid of income taxes for those earning under $150k. He most likely intends to pull out the financial pillar of income tax, and replace it with tariffs. He is likely waiting for the price crunch to blow up so he can step in an give everyone the "gift" of no income tax.

>Trump wants to get rid of income taxes for those earning under $150k. Trump has openly talked about his plan to replace income tax with tariffs for years. Not just for "earnings under $150k" -- that was some post-facto inventions by Howard "Used Car Salesman" Lutnick on some news program appearance after tariffs were proving spectacularly unpopular -- but Trump has constantly ruminated on the grand old days of the 1…

Take the nugget of truth that is the problem (there are inefficiencies in government work, there are arguments that tariffs could be adjusted for economic reasons) and act like the deliberate system breaking actions being taken aren’t the part worth discussing. Then blame immigrants, China, and “something something woke”. Then let “centerists” distract/water down the conversation by injecting random “both sides” arguments to frame things as nothing out of the ordinary and nothing to be done.

Re: The many ways tarrifs will hit electronics

#89

Post by mindslight »

carlosjobim wrote: post #81
bloomingeek wrote: post #67

Earlier quoted context omitted.

Maybe your MAGA hat's brim is pulled down too low? There's a real, beautiful world out there if you're willing to see it. Knowledge is a good first step to beauty!

You added nothing to the discussion. Your mental state is that you are a member of a mob who are out to squash anybody who thinks differently, and that gives you an illusion of having power. But in reality you don't know any of the people here, and the only power we have as commenters online is to exchange thoughts and ideas. As for the real world, there is a large variety of tariff policies around the world, and mos…

> As for the real world, there is a large variety of tariff policies around the world, and most countries implement much harsher tariffs than what Mr Trump is suggesting for America. There are many very good arguments for tariffs and against tariffs, let's talk about them instead?

Sorry, no. This is a common Trumpist talking point that has validated the comment you're responding to.

Every aspect of the US economy is currently wholly reliant on imports. Untangling would certainly be possible, but would require an intelligent fine-grained approach with deliberate analysis and substitution - not ham-fisted blanket import taxes. There is absolutely no sense to any of Trump's actual policies, nor the manner in which they're haphazardly announced and then constantly churned, unless the goal is simply to harm our country.

Debating and critiquing as if these might be good faith attempts at helping our country is a waste of energy that needs to be used more productively. Trumpism/destructionism thrives on our desire for rational debate, because while we debate how to build they just destroy. At this point, regardless of your political persuasion (I'm libertarian), it's time to stop drinking the Kool-aid and wake up to the fact we have a malevolent attacker in the White House. We can go back to debating the finer points of policy after we have an administration that actually puts the interests of the United States first.

Re: The many ways tarrifs will hit electronics

#90

Post by Isamu »

Workaccount2 wrote: post #19
wing-_-nuts wrote: post #15

I've honestly never understood the point of the tariffs. 1. They're massively unpopular and likely to cause electoral losses in '26 and '28 which will immediately undo them 2. Consumers know the tariffs will likely cause a recession, and will likely be undone in 4y. Pretty much every major spending purchase that can be delayed, will. 3. Companies know 4y is not enough time to invest in new supply chains or new manufa…

Trump wants to get rid of income taxes for those earning under $150k. He most likely intends to pull out the financial pillar of income tax, and replace it with tariffs. He is likely waiting for the price crunch to blow up so he can step in an give everyone the "gift" of no income tax.

He wants to get rid of his taxes, reducing other people’s taxes is part of the deal. Tariffs are moving taxes around, everyone pays but he’s hoping that he will be the least affected.
Post reply on HN