• jdeath@lemm.ee
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    1 month ago

    wait they are going to move manufacturing out of china? isn’t that what the tariffs were supposed to do? shit

    • RightHandOfIkaros@lemmy.world
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      1 month ago

      The tarriffs were put in place to get the other countries (Canada, Mexico, and China) to tighten up their border security for illegal immigrants and illegal drug trafficking, particularly fentanyl.

      This is the officially documented reason for the tarriffs.

    • starman2112@sh.itjust.works
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      1 month ago

      If tariffs work, then fuck yeah. I don’t think they will in the long run, but if we end up winning the lottery I’m not going to get upset because I didn’t like the numbers we picked

      It’s also super not worth all of the other shit we have to put up with, but let’s take what wins we can

      Edit: of course they aren’t moving manufacturing to the US, so I guess this hurts China at our own expense. I guess it’s only a win for whatever country they move manufacturing to

  • RightHandOfIkaros@lemmy.world
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    1 month ago

    Arent the tarriffs on a 30 day pause though? With China already in talks to negotiate? If a deal is made and the tarriffs are dropped, are the price changes not going to go into effect?

    My guess is no. Any excuse to raise prices will always be applauded by shareholders.