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A comment on US Administration announces 34% tariffs on China – 20% on EU. Parent comment

Re:US Administration announces 34% tariffs on China – 20% on EU by jgwil2 on Thursday April 03, 2025 @07:04PM (#43576523)
Pretty big goalpost shift from "who believes these cooked up numbers" to "perception matters."
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Re:US Administration announces 34% tariffs on China – 20% on EU by kelipso on Friday April 04, 2025 @10:18AM (#43582790)
The numbers are cooked up. See https://qz.com/1269172/the-epic-mistake-about-manufacturing-... from above.

Basically if you ignore computers, there was zero growth in manufacturing sector. If you take computers into account but ignore processing power increase, there was zero growth. So pretty much the only driving force in the manufacturing sector for the last 20 years was Intel, AMD, Nvidia. This is even with the increased productivity per person in manufacturing sector (so there was also massive reduction in employment).

It is highly concerning and the numbers were very much cooked up.

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