this post was submitted on 04 Nov 2024
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[–] misk@sopuli.xyz 0 points 1 week ago* (last edited 1 week ago) (5 children)

It could also mean that manufacturing of those might return to the US. Fuck Trump but US tech media have been insufferably partisan last couple of weeks.

[–] Xatolos@reddthat.com 7 points 1 week ago (2 children)

How so, at least with this article? It mentions a couple times things like:

what she hasn't done is disown the current tariffs on the imports of China, which have also been harmful.

if Harris wins and resumes Biden's supposedly more strategic approach to tariffs, tech companies already feeling heavily burdened expect they would be stuck with extra costs under her administration

Harris hasn't been clear about her plans for tariffs if elected

It's unclear how quickly prices would rise if Trump or Harris expanded tariffs.

It feels (at least to me) pretty balanced on this that they will rise if either one is elected, they just can't say how much under Harris because she hasn't given details about it, which they point out many times. Trump has declared his intention, so that's why his amount is shown.

Trump's threat of a 60 percent tariff on all Chinese goods is perhaps the clearest worst-case scenario for tech companies preparing to adapt as administrations shift.

[–] hamsterkill@lemmy.sdf.org 2 points 1 week ago

Disowning current tariffs doesn't mean they'll go away, either, though.

Tariffs are easy to put in place, but hard to roll back. You can put then in place on a whim, basically, but then the target country will retaliate with their own. As a result, removing them requires diplomatic negotiation to make sure the removal is bilateral. That's not easy to do during times of icy relations like China and we currently have.

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