I'm kinda of shocked that chip & many tech companies play ball..
They are a required / no alternatives industry by so much of the USA, with limited alternatives. Is it really more cost-effective for each of these companies to spend hundreds of billions of dollars to avoid tariffs when they could easily pass on these costs because we have no alternatives?
assword · 4m ago
> they could easily pass on these costs because we have no alternatives
Now imagine the same scenario, but one side is willing to destroy themselves as collateral if they don’t get the result they want.
brokencode · 3m ago
Fortunately for TSMC, Intel really isn’t worth that much anymore. $50B doesn’t seem so bad, and maybe it could lead to a deep partnership and sharing of tech and factories.
duxup · 12m ago
This whole economy by corruption and coercion is not going to work out.
fooker · 4m ago
It has historically worked pretty well, for several centuries at a time.
Are you saying there’s something different this time ?
duxup · 1m ago
I don't know what you're thinking of.
FirmwareBurner · 7m ago
I don't see how it can't work at least short term, when the US is by a long margin the world military and economic power.
Why else has the US been overspending on military for decades and planting military bases and nuclear submarines all over the world, to become the world hegemony, if not to bully everyone in doing its bidding when push comes to shove?
I'm not defending the actions of the US, I'm just asking what are the other countries gonna do about it? Ally with China, Iran and Russia to fight the US?
A_D_E_P_T · 1m ago
> I don't see how it can't work at least short term, when the US is by a long margin the world military and economic power.
The 90s were ~30 years ago. American economic and military capacity ain't what they used to be, and alienating your allies and friends is starting to look like a poor strategy.
nemomarx · 5m ago
China seems to be working on catching up, and if you remove all of your soft power maybe they look more attractive?
duxup · 1m ago
No magic that keeps your businesses efficient or running if you're picking winners and using tariffs. Quite the opposite.
vkou · 3m ago
It won't work out because the people in charge are the dumbest motherfuckers imaginable. They are utterly convinced that every one of their stupid ideas is brilliant, that they know everything, and that the way forward is to fire anyone who has the audacity to say 'no' to them.
That's not the roadmap to good management of anything, as literally anyone who has ever worked a job will tell you. How people can see an amalgamation of all the traits they despise in a peer or leader that they actually have to interact with, and go 'oh yeah this guy should be running the entire country, this will end well' is mindblowing.
The country can run on fumes and momentum... for a while.
analog31 · 1m ago
It seems like we're forcing the rest of the world to print dollars.
They are a required / no alternatives industry by so much of the USA, with limited alternatives. Is it really more cost-effective for each of these companies to spend hundreds of billions of dollars to avoid tariffs when they could easily pass on these costs because we have no alternatives?
Now imagine the same scenario, but one side is willing to destroy themselves as collateral if they don’t get the result they want.
Are you saying there’s something different this time ?
Why else has the US been overspending on military for decades and planting military bases and nuclear submarines all over the world, to become the world hegemony, if not to bully everyone in doing its bidding when push comes to shove?
I'm not defending the actions of the US, I'm just asking what are the other countries gonna do about it? Ally with China, Iran and Russia to fight the US?
The 90s were ~30 years ago. American economic and military capacity ain't what they used to be, and alienating your allies and friends is starting to look like a poor strategy.
That's not the roadmap to good management of anything, as literally anyone who has ever worked a job will tell you. How people can see an amalgamation of all the traits they despise in a peer or leader that they actually have to interact with, and go 'oh yeah this guy should be running the entire country, this will end well' is mindblowing.
The country can run on fumes and momentum... for a while.