Current Events > Trump has made his position clear on gamers...

(+) Yeah! (+)

you shall rise..... in price

https://www.theverge.com/2019/5/15/18624690/trump-import-tax-tariff-laptop-smartphone-manufacturers

For more than a year now, President Donald Trump has been playing chicken with China, instituting increasingly expensive tariffs to add pressure for a trade deal that never seems to materialize. So far, those tariffs have kept clear of consumer goods like smartphones or televisions, with the most damaging taxes restricted to intermediary products like soybeans or steel. But after talks broke down last week...

On Monday, the US Trade Representative (USTR) laid out plans to tax laptop and smartphone imports by as much as 25 percent, breaking into the kind of high-profile, price-sensitive goods that previous rounds had avoided. The new restrictions will go into effect on June 25th, giving Trump just over a month to settle on a deal that has eluded him for most of his term. Its a disaster for electronics companies, which have largely escaped previous rounds, despite being hugely reliant on Chinese manufacturing. And even if the tariffs laid out by the USTR are short-lived, the result could mean the end of the open Chinese trade that has shaped the tech industry for decades.
FOR COMPETITIVELY PRICED PRODUCTS LIKE PCS, THERE WILL BE PRICE INCREASES.
The most immediate impact will be higher prices. Previous rounds of tariffs had been marginal enough that companies could simply eat the difference, but a 25 percent charge on marquee items like phones and laptops could be too much to bear. Experts say companies will have little choice to raise prices in response, adding hundreds of dollars to price tags. Certainly for competitively priced products like PCs, there will be price increases, particularly in the short run, says Brad Setser, a senior fellow at the Council on Foreign Relations. Its likely to be a fairly considerable shock to consumer prices.

That shock could add up to hundreds of dollars for consumers. On TuesdayJPMorgan estimated that, for Apple, countering the cost of the tariffs would mean raising the price of the iPhone XS from $1,000 to $1,142, although Apples high margins mean it would likely absorb the cost without raising prices. More price-conscious companies like Lenovo and HP would have fewer options.
Versions of this price hike have already happened in other industries that were hit by earlier rounds of tariffs. The price of a washing machine has risen an average of $86 as a result of the tariffs announced in September, according to one study, while luggage prices rose 5 to 10 percent. The total price tag for US consumers since November could be as high as $18 billion.
In order to get prices back to pre-tariff levels, companies will have to reshape their supply chains, which can be a slow and expensive process. With an expensive new trade barrier between the US and China, companies will shift manufacturing for products bound for the US, opening factories in manufacturing rivals like Vietnam. Samsung has already started to shift production into Southeast Asia, potentially smoothing the next few years. But for any company still embedded in Chinese manufacturing, theres a lot of work still to be done...

Because the process is so slow, that shift away from China-based manufacturing is likely to stay in place even if the tariffs are repealed. Its still possible that Trump will arrange a deal at the G20 summit in June, but with the threat of new tariffs permanently on the table, it may not matter. In effect, supply chain managers will be betting about the trade rules likely to be in place five years from now, which still look risky. The safe forecast is that theres going to be a lot more uncertainty, says Setser Even if the tariffs come off, it seems optimistic to assume that the friction between the US and China is going to permanently be put to bed."

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Trump just made the biggest mistake of his life.
After I finish my gamer grub and beat this last noob, I will attack the white house.

mods this is an obvious joke :V
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Maybe Gamers Rise ultimately means to vote out Trump

And because of Trump, corporations are seeing record profits which leads to substantial increases in the wages/salaries of their employees which more than makes up for price increases on certain products.
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RIP @Turbam
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DifferentialEquation posted...

seeing record profits which leads to substantial increases in the wages/salaries of their employees

I get that DE is doing his bit, but just so no one else is confused: this is not how profit works
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Antifar posted...

DifferentialEquation posted...

seeing record profits which leads to substantial increases in the wages/salaries of their employees

I get that DE is doing his bit, but just so no one else is confused: this is not how profit works

Thats not what Reagan told me!
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DifferentialEquation posted...

And because of Trump, corporations are seeing record profits which leads to substantial increases in the wages/salaries of their employees which more than makes up for price increases on certain products.

Gamers don't have jobs

Trump has already proven himself to be an enemy of gamers and is willing to throw them under a bus to protect guns.
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Zikten posted...

DifferentialEquation posted...

And because of Trump, corporations are seeing record profits which leads to substantial increases in the wages/salaries of their employees which more than makes up for price increases on certain products.

Gamers don't have jobs

I do
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he targeted gamers

gamers
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Strider102 posted...

Zikten posted...

DifferentialEquation posted...

And because of Trump, corporations are seeing record profits which leads to substantial increases in the wages/salaries of their employees which more than makes up for price increases on certain products.

Gamers don't have jobs

I do

Then you aren't a true gamer.
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Tmaster148 posted...

Strider102 posted...

Zikten posted...

DifferentialEquation posted...

And because of Trump, corporations are seeing record profits which leads to substantial increases in the wages/salaries of their employees which more than makes up for price increases on certain products.

Gamers don't have jobs

I do

Then you aren't a true gamer.

How so?
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Fucking hell, and I need to buy a new computer too. As if those weren't pricey enough as is.
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Antifar posted...

DifferentialEquation posted...

seeing record profits which leads to substantial increases in the wages/salaries of their employees

I get that DE is doing his bit, but just so no one else is confused: this is not how profit works

Then what causes raises in wages and salaries? When I received a raise at my job, did it come from a source other than the company's profits? I know their profits have been up in recent years. Would I have still received the raise even if the profits had not increased?
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Umbreon posted...

Fucking hell, and I need to buy a new computer too. As if those weren't pricey enough as is.

Buy now before this crypto market blows up again

DifferentialEquation posted...

And because of Trump, corporations are seeing record profits which leads to substantial increases in the wages/salaries of their employees which more than makes up for price increases on certain products.

Citation needed
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DifferentialEquation posted...

Antifar posted...

DifferentialEquation posted...

seeing record profits which leads to substantial increases in the wages/salaries of their employees

I get that DE is doing his bit, but just so no one else is confused: this is not how profit works

Then what causes raises in wages and salaries? When I received a raise at my job, did it come from a source other than the company's profits? I know their profits have been up in recent years. Would I have still received the raise even if the profits had not increased?

ok ill bite: "job" "performance"

i received raises during the recession after 08 and we werent making as much income
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In order to get prices back to pre-tariff levels, companies will have to reshape their supply chains, which can be a slow and expensive process. With an expensive new trade barrier between the US and China, companies will shift manufacturing for products bound for the US, opening factories in manufacturing rivals like Vietnam.

This is why tariffs as a vector for protectionism always fails. Business will relocate elsewhere, leading to a gigantic game of world-wide whac-a-mole.

The actual plan here is to bludgeon China into loosening it's tariffs. Good luck with that, though.

spudger posted...

DifferentialEquation posted...

Antifar posted...

DifferentialEquation posted...

seeing record profits which leads to substantial increases in the wages/salaries of their employees

I get that DE is doing his bit, but just so no one else is confused: this is not how profit works

Then what causes raises in wages and salaries? When I received a raise at my job, did it come from a source other than the company's profits? I know their profits have been up in recent years. Would I have still received the raise even if the profits had not increased?

ok ill bite: "job" "performance"

i received raises during the recession after 08 and we werent making as much income

I was not with my company during the recession, however the owner has openly stated that during those years raises and bonuses were reduced for a few years because of the recession. Long time employees have confirmed this. And that, later on when profits increased again, raises and bonuses went up as well. So it seems that higher profits do lead to better pay.
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Zikten posted...

Maybe Gamers Rise ultimately means to vote out Trump

Suddenly Doom Art and Darmik feel ashamed for mocking gamers all the time.
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Was planning to upgrade my PC after the Ryzen 3000 series comes out but might just pick up a new monitor and GPU now and slot it into my old build while theyre not too obscenely priced
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Pitlord_Special posted...

Was planning to upgrade my PC after the Ryzen 3000 series comes out but might just pick up a new monitor and GPU now and slot it into my old build while theyre not too obscenely priced

I'm still using an i5-2500k. That CPU will never become obsolete.
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GAMERS RISE UP!!!!

#VoteHimOut
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clearaflagrantj posted...

Umbreon posted...

Fucking hell, and I need to buy a new computer too. As if those weren't pricey enough as is.

Buy now before this crypto market blows up again

jfc
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PiOverlord posted...

GAMERS RISE UP!!!!

#VoteHimOut

Sadly too many gamers will vote for him out of fear of SJWs.
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Umbreon posted...

Fucking hell, and I need to buy a new computer too. As if those weren't pricey enough as is.

It might be cheaper to hop a train bound for Canada, buy there, then bring it back to America.
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DifferentialEquation posted...

And because of Trump, corporations are seeing record profits which leads to substantial increases in the wages/salaries of their employees which more than makes up for price increases on certain products.

Genius

How do we make this MAN Emperor of humanity?
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