• Mariemarion@lemm.ee
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    57 minutes ago

    And it’s sooo typical of their hyper-inflated personal and national egos:
    They didn’t wonder for one minute why on earth foreign companies would pay up. For the honor or doing business with the greatest country on earth tm? Because they’d have no choice of other buyers, since no other countries has car / computer / whatever manufacturers who’d buy their products instead?

    They. Are. So. Fucking. Insular.

    • LadyAutumn@lemmy.blahaj.zone
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      3 hours ago

      Life under Trump in 2024 will be orders of magnitude worse than life under him in 2016. It won’t take long for Americans to begin to feel strong consequences of the election result.

      • ToastedPlanet@lemmy.blahaj.zone
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        2 hours ago

        I guess I forgot some people knew what to expect from a second Trump term and would plan accordingly. It would have been nice if this guy had sat these people down and had this talk before the election.

  • AlecSadler@sh.itjust.works
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    6 hours ago

    Guise, I’m struggling. Part of me says…let them all burn for their “fuck around and find out”.

    But I know that isn’t completely right. I just, am, so, angry (and sad).

    Will probably choose the let them burn route.

  • lol_idk
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    4 hours ago

    I grew up in SWPA. Absolutely the most small minded place I’ve ever been. F that place

  • Blackmist@feddit.uk
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    7 hours ago

    I mean the whole point is paying a tariff so American companies make the goods instead for less.

    But if paying Chinese poverty wages and tariffs is still less than paying Americans to do it, then guess what they’re going to do?

    • nucleative@lemmy.world
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      4 hours ago

      Global trade drove the cost of supplies and goods down to the lowest available prices, so while setting tariffs may encourage local production because it makes overseas less attractive, the price of goods still goes up on both scenarios.

      If moved locally, there will be more local labor required for production but it’s not clear if that is a net benefit.

      Hypothetically under globalism more developed countries shed their “dirty manufacturing labor jobs” and move more people upmarket. Of course this is matter of nonstop debate among economists because as we all know the whole population of a country can’t move upmarket together and a lot of people were/are screwed because of lack of education and opportunity to develop themselves.

      In an ideal implemention of this, more people would be moving to the arts, self expression, and technology, while fewer are involved in survival activities like shelter and food.

      I think the unsolved problem now is that average people believe way too much of that wealth went to the top while the middle class is working harder than ever and getting less.

    • CafecitoHippo@lemm.ee
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      7 hours ago

      It’s also dumb to just assume that foreign companies can just flip a switch and start building/assembling whatever they sell in America. You need facilities, you need to hire employees, you need to train employees. You can’t just pick up your factory, drop it in Kansas, and just slot people into the building to work it right away.

      • Hobo@lemmy.world
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        6 hours ago

        Also, unless your plan is to exclusively export to the US, then it’s less cost effective to open up new facilities in the US. You just raise prices and and have the consumers take the hit for the tariff. There’s also the problem of logistics for raw materials for whatever products your manufacturing. Those also tend to cost more to acquire stateside.

        The worst part is that policy is only a single bullet in the policy foot gun Trump has loaded. It gets even more expensive when the low cost labor is suddenly deported and/or put in camps. Which I realize isn’t even the worst thing about the immigration policy, but just pointing out that it too has consequences to these same people.

  • genXgentleman@lemmy.world
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    9 hours ago

    I don’t know if this post is true or not. However, a lot of people don’t know history, civics, & economics. (This is the result of the Reagan & Bushes dismantling of the education system.) I’ve told a lot of people to look up the Smoot-Hawley Tariff Act of 1930 and the impact it had on our and the global economy. Tariffs will start a trade war. That’s what happened to our farmers the last time Trump was in office. He ended up having to bail out farmers which cost more than the tariff brought into the government. The Chinese simply bought their soy beans from other countries instead of paying for ours. There were a lot of farmers that lost their farms then.

    • Clent@lemmy.world
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      8 hours ago

      I have been told many times to feel bad for those farmers, that they aren’t idiots, etc.

      I thought I ran of fucks for them but a few more just flew out like butterflies from a dusty chest.

      I hope ever single one that put up those massive Trump signs loses their family farms to big corporations.

      • Bizzle@lemmy.world
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        6 hours ago

        We need fewer corporate farms, which are dirty as fuck now let alone after they gut the USDA. I hope that they lose their family farm to two gay dudes from Vermont who got really into organic gardening and decided to cash in their b&b for corgis to start growing high quality produce right here in America’s heartland.

    • Halosheep@lemm.ee
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      9 hours ago

      I’m sure the corporate farmers were happy to buy up that land and cut the trump admin a nice check for the convenience.

      • genXgentleman@lemmy.world
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        6 hours ago

        OMFG!!! LMFAO🤣🤣🤣🤣🤣 I totally forgot about that. Great memory and response!!! Line of the day!

  • chellewalker@lemmy.ca
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    10 hours ago

    To be honest, this kind of feels to me like the boss was just looking for an excuse to not have to pay workers.

    • mosiacmango@lemm.ee
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      10 hours ago

      I mean, he got it and it’s actually a good one. Uncertain finances tend to cut into bonuses of all types.

  • dual_sport_dork 🐧🗡️@lemmy.world
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    11 hours ago

    They all thought the foreign company paid the tariff.

    This is probably what Trump thinks, too. I can easily believe he is that stupid.

    I’m also wondering just what the fuck Trump and co. are going to do with all the money obtained from these tariffs. Just, like, spend it all on hookers and blow or what? Remember how you all believed this was the party of “low taxes?” Yeah, guess what a tariff is, fuckers.

    • Djtecha@lemm.ee
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      7 hours ago

      When it’s returned to the feds it’s just destroyed. Federal return is just the return of debt, it’s not more money.

    • Showroom7561@lemmy.ca
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      10 hours ago

      This is probably what Trump thinks, too.

      100%. If he isn’t reading it from a script that someone else wrote, he knows nothing about the topics he’s talking about.

      He even boasts about “knowing more than anyone about XYZ”, yet, it can’t expand on the subject, can’t answer questions about it, is vague, and reminds me of how really bad LLMs answer questions.

      • dual_sport_dork 🐧🗡️@lemmy.world
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        10 hours ago

        I found some additional articles on what he said about this, and he did indeed flat out say he expects the “other countries” to pay the tariffs. For instance, this.

        A sweeping tariff policy will kill two birds with one stone, Trump says: It could find a new source of revenue for the U.S. government, which could offset losses from lowering or eliminating certain forms of income tax, while extracting money from rival governments.

        That’s not how tariffs have worked at any point in history.

        • Showroom7561@lemmy.ca
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          10 hours ago

          Yup. He does a great job “selling” ideas that simply aren’t grounded in reality.

          Like that wall that Mexico was going to pay for. What an idiot. Did his base think the United States would just send Mexico a bill for work completed and expect them to pay it? You couldn’t make this buffoonery up!

          • This is fine🔥🐶☕🔥@lemmy.world
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            5 hours ago

            And then people buy these unrealistic ideas and when they get harmed by reality, they somehow blame ‘leftists’, ‘progressives’, ‘demon rats’, ‘Obama’ or any other bogeyman for it.

          • Nasan@sopuli.xyz
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            9 hours ago

            I had a boss like this. Had all these million dollar ideas but no capacity to consider that someone else had the same idea and it either made no damn sense or it had already been done and people went to jail for it. Motherfuckers dream up grifts halfway and think everyone else is an idiot or sucker for not acting on the “golden opportunity”.

    • SupraMario@lemmy.world
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      9 hours ago

      Don’t forget who paid for the wall … I mean Mexico totally was writing the checks…fucking idiots.

  • TrickDacy@lemmy.world
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    11 hours ago

    The truly enraging thing about the voters who said they voted for trump due to economic concerns is HOW IN THE GODDAMNED FUCK do they think he’s going to fix anything? To the extent that a president can change the cost of living, among the worst ideas is probably to fucking add fees to imports. This is his one idea and yet no one can explain to him the extremely simple negative effect that it would have on consumers.

    This absolute fucking dope had one terrible idea for helping lower prices (which will certainly raise them) and the voters lapped it up without thinking. America is full of morons.

    • TwitchingCheese@lemmy.world
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      9 hours ago

      Studies generally show the economy does better under Democrats than Republicans, in measurements of CPI, GDP, job growth, and unemployment. Republicans however have a massive propaganda machine that has gaslit the country in believing the opposite. Frequently this is backed by short term plays that make things “feel” better but cause significant long term problems. Like a CEO firing the QA team, line goes up this quarter and by the time the consequences arrive they’re gone and blame the next guy.

    • Olgratin_Magmatoe@lemmy.world
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      8 hours ago

      They’re operating under a lot of propaganda, and no understanding of economics. They’re ignorant of the fact that Trump inherited the economy that Obama fixed, which is why at the time under Trump things were better. They’re ignorant of the fact that Trump fucked everything up with his handling of the pandemic, previous tarrifs, and in turn fucked the economy up on the way out. They’re ignorant that Biden was trying to clean up Trump’s mess, and instead assign blame to Biden.

      And every after all that, there is still the added fact that the president doesn’t directly control the economy, and has limited options. But that doesn’t matter to them. They’ve been sold a simple solution to a complicated problem.

  • Mouselemming@sh.itjust.works
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    12 hours ago

    Is the owner of the company purchasing a year’s worth in order to keep the price they charge down, or in order to raise prices in February when their customers expect it because of the new tariffs, and pocket the difference? While having avoided paying bonuses?

    • leisesprecher@feddit.org
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      12 hours ago

      Obviously I don’t know the business in question, but it’s quite possible that the company has a bunch of longer running contracts that would become a loss if the inputs become much more expensive.

      Of course, businesses will use the opportunity to charge more, but sudden price hikes are a very real problem.

      • WoahWoah@lemmy.world
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        12 hours ago

        This is almost certainly what’s happening. The proposed tariffs will be very hard on American businesses and devastating for the consumer. It’s quite literally a fairly severe tax on domestic companies and the American people. But, honestly, we could do with a less consumerism in this country. Unfortunately, it’s likely to cause a tough economic downturn that will hurt poor people the most.

        • Corkyskog@sh.itjust.works
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          8 hours ago

          Be hilarious if Trump simultaneously collapses the economy and starts a green movement built around an inherent need for a second hand economy.

              • WoahWoah@lemmy.world
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                7 hours ago

                Well, they didn’t disappear into thin air. 12 million less people voted for Harris, so basically the democrats lost the election more than Trump won it. Trump got basically the same number of votes as he did against Biden.

                • Captainvaqina@sh.itjust.works
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                  4 hours ago

                  Yes that’s what I meant though. Their votes disappeared. Our electronic voting machines have known first hand vulnerabilities.

                  I think they figured it out finally. They’ve been trying to gain access this entire time, and some Republican traitors are being prosecuted for it as we speak. Or were. I guess laws don’t matter anymore since America is finished.

    • AcidOctopus
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      11 hours ago

      Without having more detail I can’t speak with certainty, but, general principles of inventory management and cash flow discourage having a surplus of stock, as that ties up a significant amount of working capital in the costs of storing and handling it all - you risk not being able to pay your liabilities because you’ve sunk all your funds into inventory that hasn’t yet sold and generated more revenue.

      Companies often have longer term contracts with specific prices agreed that can’t always be easily changed. Those contacts could quite easily become unprofitable if there are sudden increases to the direct costs of fulfilling them. So, rather than trying to fuck customers, this company is likely trying to stock-up at current market prices to ride-out the first year of tariffs, but in doing so, needs a large injection of working capital to cover the expenditure (hence cancelling bonuses), and also puts itself in a very vulnerable position where cash flow is concerned by tying up that capital in inventory - any further sudden and unexpected costs could lead to the business folding.

      • Djtecha@lemm.ee
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        6 hours ago

        But that’s not even the point of this. It’s not the company is greedy or not, it’s this administration is causing this.

        • AcidOctopus
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          1 hour ago

          Oh I know. I was just trying to shed a bit of light on whether this company’s decision was an attempt to take advantage and screw people over, or a genuine survival measure.

          The root cause is ultimately the tariffs that will be imposed by the US government.

          In reality the decision will be more nuanced, and this company will likely raise prices wherever it can whilst also securing long-term stock at current prices to both avoid the tariffs and increase margins to recover the capital quicker.

          But yeah. It’s all down to the government’s tariffs.

    • snooggums@lemmy.world
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      12 hours ago

      Large and small manufacturing companies have contracts for orders for months to years out with set prices, some of which might have wiggle room for costs but not to this extent. Plus manufacturing already tries to balance out costs across projects due to fluctuating prices for materials. If their materials double (or more) in price they will be screwed by the contracts and guaranteed to lose money on all of them.

      Buying at the current prices means they will have to pay to have the materials stored in a warehouse, which will cut into their planned profits for those existing contracts. Hell, they might be buying at a higher cost than they normally would when fulfilling the contracts.

      The company is getting screwed, not trying to fleece customers or their employees.

    • Kecessa@sh.itjust.works
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      11 hours ago

      That’s the thing though, most customers don’t expect the price increase because they’re fucking idiots who believes tariffs are good for the economy.

    • Nasan@sopuli.xyz
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      9 hours ago

      If they’re reputable enough and tend to operate in good faith, they could be giving their customers time to prepare for the incoming price hike. They’ll probably lose customers that can’t afford to operate with the new price later on but the transparency would go a long way towards maintaining healthy business relations with the remaining customers.

    • adarza@lemmy.ca
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      12 hours ago

      they’ll pocket the difference, jack up prices, refuse bonuses next year, business slows, lay off half the staff, buy material on credit–maybe siphoning some of that off, bonuses are now a distant memory, jack prices up again. business slows to a crawl, lay off more. business falters. file bankruptcy with millions of outstanding debt to write off.

      just like their diaper-wearing idol would.

      • Mouselemming@sh.itjust.works
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        12 hours ago

        Well you’re 💯 correct on what Trumps would do!

        As an individual small business owner however, they could have gotten caught in the squeeze between contracts and tariffs.

    • iAvicenna@lemmy.world
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      12 hours ago

      if anything like it happens in Turkey, most businesses will buy early, stockpile goods as prices keep increasing (increased effect of tariffs + shortage of goods in market) and release them to the market for a hefty profit

    • Billiam@lemmy.world
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      12 hours ago

      Does it matter? This wouldn’t have happened without Trump being elected and the looking threat of tariffs. Whether the owner is using that as cover for jacking up the prices or not, it’s still a LAMF moment.

      • Mouselemming@sh.itjust.works
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        12 hours ago

        Oh I don’t disagree! I’m just wondering if the owner is face-eaten or face-eating. Small business owners are more varied than big business leopards.

  • SkyNTP
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    11 hours ago

    Hold MAGA voters accountable for their choices. Every. Single. Day.

    Thanks Trump.

    • skulblaka@sh.itjust.works
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      11 hours ago

      I’m about to print off about a million of those “I did that!!” stickers that the magats loved to stick on gas pumps. You better believe those things are going everywhere.

      • SupraMario@lemmy.world
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        9 hours ago

        Make sure to get pictures of the prices before and after and then toss them on the products with the new price.

      • Rentlar@lemmy.ca
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        11 hours ago

        I don’t want to put blame directly on individual voters, in the sense that they might be able to learn in 4 years, and “Trump did that” only addresses the symptom of the problem. “MAGA did that” sounds apt to me.

          • Rentlar@lemmy.ca
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            9 hours ago

            I’m already too optimistic but perhaps a more direct awareness campaign on how climate denialism, economic isolationism and anti-immigration stances hurt themselves, their friends family and neighbors, and directly make their lives worse.

            • Whats_your_reasoning@lemmy.world
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              6 hours ago

              It has to be kept simple, and packaged like a low-effort meme. Anything too wordy or think-y won’t go viral in the circles that need targeting.

              Maybe we need some fake Facebook pages. Start by reposting crap you already know they’ll share. Once the audience is there, start slowly slipping actual facts into things. It’s gotta start slow, though. The “long con.”