• hydrospanner@lemmy.world
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      10 days ago

      I feel like most people I have heard talking about them while supporting Trump seem to know that tariffs are taxes, but have no concept of how they play out in a real economic situation. Most fall into one or both of two camps:

      A) Tariffs are taxes, but they’re taxes for companies not individuals, and they’re only applied to importing, so they won’t affect me.

      B) Tariffs are taxes for foreign companies, to level the playing field and keep American business competitive. Since the companies that have to pay it are foreign, it won’t affect me.

      Spoiler alert, guys: no matter where the tax is levied in the system, the consumer is the only person who ever pays for it, since they’re the only ones that can’t pass that cost on to anyone else.

      Also, while this can make domestic competitors more competitive, it’s important to remember two things: first, if it works, it’s only working by making things more expensive for consumers, and second, this assumes that the domestic competitors want more business, have the ability and posture to increase their production to meet the new greater demand, and will operate in good faith. Much more likely is that they simply also increase their prices in reaction to the tariffs, so they’re not producing or selling any more volume and aren’t creating any jobs… they’re just padding their profit margins at the corporate/shareholder level while doing nothing for their employees, all while having the average consumer foot the bill.

      That’s exactly what happened with the steel tariffs in the first Trump term and that’s exactly what will happen now…the only difference is that this time it seems like there will be significantly fewer economic buffers between the tariff and the consumer, so more people will more directly feel the sting here…and presumably the mental gymnastics from the MAGAts will be even sadder in their attempts to somehow make it not a criticism of their orange leader’s incompetence.

  • dejected_warp_core@lemmy.world
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    10 days ago

    Rabbit hole time.

    Apparently, caffeine in soft drinks is synthetic. I thought they just used caffeine that is extracted from decaffeinating coffee beans - not so. Also it’s barely produced in the US (anymore), and we mostly import it from China.

    Neat part is: it doesn’t look all that complicated to synthesize and requires some common-ish organic compounds and solvents to make. As a bonus, the “the raw synthetic caffeine often glows - a bluish phosphorence”. If anyone is on his Patreon, please give NileRed a nudge to give this a shot; I think it would be right up his alley.

    So we can get by without coffee, but short of running your own chemistry lab, it’s going to be a bit before industry can ramp up production of the synthetic stuff. Meanwhile, caffeinated beverages across the board would be more expensive were synthetic caffeine a part of any tariff scheme.

    More here:

    https://www.decadentdecaf.com/blogs/decadent-decaf-coffee-co/174589383-ever-wondered-where-the-caffeine-comes-from-in-soda-or-energy-drinks-answer-synthetic-caffeine

  • BadlyTimedLuck@lemmy.world
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    10 days ago

    All this insecurity about tariffs has me hoping he have a Boston Tea Party situation. If I recall the story correctly, they threw the expensive British Tea overboard to protest the tax.

    Similarly, I also recall a sugar tax, and either an ink or paper one: basically, I hope I can see something similar to see there’s still a small piece of American values from our ancestors (not the twisted Conservative heaven MAGA wants, but on the American dream of freedom, liberty, and justice for ALL.)

    No Taxation Without Representation!

      • Turret3857@infosec.pub
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        4 days ago

        I’m confused by the Wikipedia article and how it relates to what you said, I want to believe that youre right but I’m stupid and need an ELI5 version

        • andros_rex@lemmy.world
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          1 day ago

          It isn’t something I had ever heard until I attended a lecture by the National Security Decision Making Game folks - they are intense on history. (And I genuinely have a bachelors degree in history - with an American focus)

          Essentially, the French and Indian war fucking sucked for the Crown and Kingdom. It was mega expensive and difficult and ya know, the Indians live there. Who knows how many of them there are, if we keep pissing them off it’s going to keep costing us money. Soldiers cost money. Sending soldiers across the ocean costs a lot of money.

          The French had a lot more native allies. The Americans were constantly being mega dicks, the French weren’t awesome but they were relatively chill.

          Anyway, they finally win this expensive ass war and get some land. Indians live on it. Americans want land now - the Crown wants to not start another war and would in fact like a nice buffer state. At the very least, it’s a good idea to take some time to lick some wounds and figure out what We want to do. (I suspect if George could have foreseen the French Revolution, maybe they would be more agrees - something to try if you play NSDM lol)

          The Americans are not happy. And they keep pushing into native lands, making illegal and shady treaties, all the while having a fucking meltdown about having to pay taxes for all these fucking soldiers that are protecting them when people get mad about having their land stolen. The Crown is having to say things like “hey no you can’t buy Kentucky from like one guy.”

          It’s one thing to be pissed off about paying taxes - it’s another to have the promise of land. In a way, we were built similarly to Rome.

      • tetris11@lemmy.ml
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        10 days ago

        They were definitely just going to protect the natives, that’s the lovable British empire that I know

        • andros_rex@lemmy.world
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          9 days ago

          For sure, this wasn’t out of benevolence. The Brits mostly wanted to avoid more war. Remember why those all those taxes were raised? Sending soldiers over to fight Frenchmen and Indians is expensive. If those backwards colonists keep fucking with them, the Indians are going to cooperate more with the French.

  • Flying Squid@lemmy.worldM
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    11 days ago

    I just remembered that Coca-Cola requires denatured coca leaves from South America.

    So enjoy that $8 Coke can, America

  • idiomaddict@lemmy.world
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    11 days ago

    Chocolate, cinnamon, vanilla, pepper, tea, bananas, and a fuckload of other things that are completely integrated into our regular diets are almost exclusively imported.

  • MystikIncarnate@lemmy.ca
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    11 days ago

    I’m not American, but tariffs to fix import issues is pretty stupid.

    This is the capitalist dream, export all the production of the goods you use daily to third world countries, who will have shit labor practices like the US used to have when slavery was a thing (and bluntly, for quite a while afterwards), so that the boots-on-the-ground laborers that produce everything are either treated like slaves or literally are slaves, then import the raw material to be manufactured into whatever you’re selling in the US, so you can slap a “made in the USA” sticker on your shit to enhance sales and charge more. Meanwhile “made in the USA” doesn’t and shouldn’t imply that there’s no imported goods going into the manufacturing process to make that thing, just that you took raw materials (from wherever) and made this thing in the USA.

    Tariffs unduly harm end consumers, pretty much everything we buy and own is, or has components that are, imported shit.

    Most microchips, a large amount of the food we eat, most electronics, pretty much everything you’ll find at a dollar general, etc (the list is very very long)… all imported in whole or in part.

    Hell, there was a time that it was more economical to have your raw materials, even if they’re mined/harvested/produced in the USA, shipped overseas for assembly by slave labor, then shipped back for sale to the US public, than to have it assembled inside the US. Much of that is still true. The US neither has the manufacturing capacity, nor the desire to build their own shit. The only time that’s not the economical option is for large cost (and scale, either in size or money) items, like housing or vehicles. Assembly generally happens in the country/landmass where the vehicle will be sold and used. Even a company like Toyota, a Japanese brand, will have assembly plants in the USA for cars sold in the USA, because that’s cheaper than importing hundreds of vehicles. For everything else, it’s generally cheaper to assemble it outside of the country and import the final product.

    You think process are high now? Wait until the tariff wars really kick off.

    No company is going to accept the costs of tariffs and be okay with that eating their profits, they’re passing that cost into consumers, because we’re the saps that are still going to buy it.

    When the tariffs come down, and they will eventually, prices will drop, but not to where they were from before the tariffs. Companies will continue to post record profits, justifying not giving raises because tariffs, and wages will remain stagnant. We’ll earn less, while they rob is for more than they already do.

    The worst part is that when the tariffs are lifted, we’ll thank them for lowering the prices by buying more of their shit. We’ll be grateful for the opportunity to pay even more into their profit margins.

    Congratulations, you’re experiencing late stage capitalism. The system is working as intended. You are poor, you remain poor, barely able to scratch out a living, while your owners profit more and more off of your hard work, and you get to thank them for that opportunity.

    I don’t want to live on this planet anymore.

    • Omgpwnies@lemmy.world
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      11 days ago

      The worst part is that when the tariffs are lifted, we’ll thank them for lowering the prices by buying more of their shit. We’ll be grateful for the opportunity to pay even more into their profit margins.

      Prices won’t go down, companies will pocket the difference

    • Siegfried@lemmy.world
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      11 days ago

      Where is that? Brasil?

      My remembrance fo colombian coffee is that it was stupidly good and stupidly cheap to buy freaking everywhere inside the country… I may be wrong though

    • Eiri@lemmy.ca
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      11 days ago

      I wanted some foreign goods to get more expensive. To end slavery, not to escalate a trade war!

      I should have checked my vicinity for any stray monkey’s paws when I made that wish.

      • AA5B@lemmy.world
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        11 days ago

        “Fair Trade” is what you’re looking for. I don’t know how legit all instances are or whether they make a real difference, but its an attempt

        • Ultraviolet@lemmy.world
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          11 days ago

          This may sound pedantic, but you’re looking for Fairtrade (one word) for the organization with the strictest vetting standards. Fair Trade (two words) isn’t regulated and just means they follow some sort of ethical code. It’s not necessarily bad, but it warrants more product specific research.

    • BigDanishGuy@sh.itjust.works
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      11 days ago

      everything you’re wearing right now

      Much of that is cotton. I believe that in the “good” ol’ days the US grew that themselves. Start that industry up again, and you don’t need mass deportations across the border.

      • superkret@feddit.org
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        11 days ago

        You could even run the farms the same way as in the olden days, if you criminalize and incarcarate enough black people.

        • MrVilliam@lemmy.world
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          11 days ago

          Well boy howdy, it turns out we already been done doin that there part about criminalizing and incarcerating them black people just out of sheer racism. You’re telling me that there could’ve been a profit motive to it this whole time too?

          jk, private contracted prisons were already profiting deeply off of that.

  • Fedizen@lemmy.world
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    11 days ago

    Chocolate also. Lol I hope you fucking like corn syrup and candy corn you little shits.