Tariff Wars...

[MDKrinkles]

A 100% tariff on foreign movies is what happens when the dictator in charge has no appreciation for culture (besides his weird nostalgia for 80s disco), or art (besides fascist propaganda).

Hey hey hey don’t forget he also loves broadway. That’s why he took over the Kennedy center.

 

[PopZeus]

Hey hey hey don’t forget he also loves broadway. That’s why he took over the Kennedy center.

Trying to keep things light too, but this kind of censorship is pretty scary. Where does it stop? Like removing exhibits from the Smithsonian, this is some real fascist .

 

[lairpost]

More and more people in the US will catch on that what was likely to have occurred economically over the next 10-15 or 20 years has occurred in the past 2 months or less. Namely the reserve currency no longer being so heavily dominated by the US dollar. Investment is fleeing or frozen until the whiplash settles. He's duped the uninformed voting public into believing he would 'save us' by taxing the rest of the world despite the US having the upper hand for 50 years or more over the rest of the world. The US has enjoyed what the French minister of finance in the 1960s coined exorbitant privilege https://en.wikipedia.org/wiki/Exorbitant_privilege Irrepairable damage has been done to this privilege/advantage. 10-year tresuries are the basis for this investment. The next President won't be able to undo via executive order what has been done. I mean, yes they can sign an executive order to reverse tariffs but it won't undo the damage and won't well into the future.

Other countries have not taken our manufacturing. Automation has. But they have provided exceedingly inexpensive labor to produce so much of what we in the US love to purchase. US manufacturing of the nostalgic post WWII-era is not ever coming back.

Those duped believed the promise the price of eggs and fuel would go down (and they'd no longer have to use other pronouns but that's beside the economic point) Instead precisely the opposite will occur and much sooner than most could have thought. One only has to read the Project 2025 manifesto. It's all right there.

I'm not proud to be an American

 

[mungster]

A 100% tariff on foreign movies is what happens when the dictator in charge has no appreciation for culture (besides his weird nostalgia for 80s disco), or art (besides fascist propaganda).

Yep

 

[gikigill]

Hey hey hey don’t forget he also loves broadway. That’s why he took over the Kennedy center.

No more Shakespeare for the colony!

The tariff boondoggle is the reason why I'm going with Dali instead of Klipsch for my new home theatre room.


It's going to be specialised stuff such as DSP, EQ, Time alignment and other bits and pieces so I can't buy something that might cost me twice as much down the line.


I have multiple Dali set ups around the house and wanted a taste of the Klipschhorn sound but that'll have to wait.


Today I spend 4k on DSP/EQ/TA and tomorrow it might cost me 10k to replace if something breaks. It's not about the money but the uncertainty too as the tariffs/policy might bankrupt the DSP or the speaker builder and then I'm shut out of luck.

 

[finbad]

I consider these tariffs are in other words sanctions on the Western economies and primarily the USA in effect.

Let's see, I only ask whom all this economic turmoil benefits.

I struggle to continue to believe our leadership here in the U.S. is specifically simply moronic, and yet this great hope staves off the only other conclusion that our policy making leadership is corrupt and compromised.

 

[MDKrinkles]

I consider these tariffs are in other words sanctions on the Western economies and primarily the USA in effect.

Let's see, I only ask whom all this economic turmoil benefits.

I struggle to continue to believe our leadership here in the U.S. is specifically simply moronic, and yet this great hope staves off the only other conclusion that our policy making leadership is corrupt and compromised.

When you tariff everyone you only sanction yourself.

Beyond being simply moronic it’s really just misguided and misinformed populism. He’s using the nostalgia of a time when a single manufacturing job could take care of a family. The issue is he’s ignoring the massive inflation that’s occurred since then in no small part due to the perpetual corporate homogenization that takes place across all industries. He also ignores the fact that American capitalists are the ones who pushed to outsource manufacturing in the first place. He also ignores that tariffs only “work” in targeted instances to remove market competition from and bolster a specific industry with pre existing domestic manufacturing in place. The best example is the tariff on European light trucks that greatly benefited American auto companies during the mid-late 20th century. He also ignores the fact that Americas most powerful asset, the US dollar being the global reserve currency, is also the reason we don’t “export” as much. But in reality we do export lots of weapons which is also something we manufacture a lot of.

But even if we just take everything as presented, how would the solution to other countries not wanting to buy our oversized trucks or hormone filled chickens be to force them to spend more money for a worse product. Why not just make products that abide by foreign regulatory standards, just like what other auto manufacturers do when they export their vehicles to the US? In fact I think Americans would benefit greatly if we raised our regulatory standards to meet those in Europe or Japan rather than trying to economically force our sub par products onto their markets via bully tariffs.

On the other hand historically when tariffs are put in place they irrevocably tarnish the reputation of the party that enacted them for decades and decades to come. So hey maybe it’s not all bad.

 

[AxelCloris]

Since the discussion keeps veering back towards politics, this thread has been permanently locked.