News for hackers. Stuff that matters.
Re:US Administration announces 34% tariffs on China – 20% on EU by okr on Thursday April 03, 2025 @04:38AM (#43566677)
Why is it obvious and why never?
Re:US Administration announces 34% tariffs on China – 20% on EU by geysersam on Thursday April 03, 2025 @04:58AM (#43566848)
Because Americans are too rich and manufacturing is too cheap. If any of those changes it's a different story, but that's unlikely to happen.
Re:US Administration announces 34% tariffs on China – 20% on EU by matwood on Thursday April 03, 2025 @07:14AM (#43567935)
I think there is a bit more nuance. US manufacturing jobs are never coming back. If you look at the stats, US manufacturing output continues to set records. Yes, the US is second to China (has been since ~2010), but that was bound to happen on population/demographics alone.
Re:US Administration announces 34% tariffs on China – 20% on EU by vkou on Thursday April 03, 2025 @04:49AM (#43566775)
Unemployment is at 4%, there's no reserve army of labor that can be mobilized to make flashlights and sew t-shirts for $3/hr.

Anyways, I hope you're looking foward to prices for everything going up.

Re:US Administration announces 34% tariffs on China – 20% on EU by amanaplanacanal on Thursday April 03, 2025 @06:32AM (#43567560)
The folks who voted because of the price of eggs are not going to be happy. And midterm elections are next year.
Re:US Administration announces 34% tariffs on China – 20% on EU by ceejayoz on Thursday April 03, 2025 @08:34AM (#43568712)
They didn’t really care about egg prices.
Re:US Administration announces 34% tariffs on China – 20% on EU by pcdoodle on Thursday April 03, 2025 @06:00AM (#43567324)
Could be a thing? Perhaps people might start caring about product durability and stop buying cheap shit that goes in a landfill because the producers only care about shelf appeal.
Re:US Administration announces 34% tariffs on China – 20% on EU by 42772827 on Thursday April 03, 2025 @07:14AM (#43567932)
This is my hope, too. But also I fear the transition is going to be ugly. Personally I feel lucky that I’m not just starting out my life — I already have high quality stuff.
Re:US Administration announces 34% tariffs on China – 20% on EU by tnolet on Thursday April 03, 2025 @06:14AM (#43567431)
But then we can promote immigration from poorer neighbouring countries to pick up the work. Oh wait...