Who?
Not trying to be sassy.
asrock is a pc parts manufacturer. used to see them a lot but in recent years not so much. I like their motherboards.
They’re still one of the most prominent companies if you’re shopping for a mainboard or graphics card. They even have Intel GPUs in their lineup.
They’re pretty damn big now. My MB is Asrock, it’s one of the best for the AM5 generation. Tons of users are running their boards with the 9800x3d.
wait they are going to move manufacturing out of china? isn’t that what the tariffs were supposed to do? shit
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.
didn’t it turn out to be like 10 kg of fentanyl total, ever?
From Canada. The total amount imported or possibly even illicitly produced in the US every month is many many times that.
I don’t know, but I will say that while 10kg doesn’t sound like a lot, for something like fentanyl that’s millions of doses.
A quick Google search tells me that a “very high” and possibly lethal dose is two milligrams, so 10 kilograms of the stuff can kill five million people.
it’s also one shipment.
No they arent lmao
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.
Only for Mexico and Canada after they agreed to do what they were already planning to do.
The tariffs could be cancelled out right and prices would still rise due to market insecurity or a similar buzzword. Tariffs are objectively bad in almost every situation and this was always going to hurt everyone, corpos are also objectively bad and always going to hurt everyone.
I agree that the price increases were already coming and tarriffs provided an easy scapegoat to blame it on. If the tarriffs never came, the prices still would have gone up but they just wouldn’t have publicly announced it.
If tarrifs are objectively bad, why did China enact tarriffs in retaliation? Why would they damage their own economy to do basically nothing to the US? The Chinese economy is way more dependant on trade than the US economy is.
Tarrifs in general aren’t good or bad, they’re a standard mechanism every country uses. “Hey steel from over there costs less. If we tax it, it will be at a similar/higher price than our steel and our factories will stay in business producing steel here.”
But what Trump is doing is blanket country based Tarrifs. Instead of using a scalpel he’s using a nuke.
The retaliatory Tarrifs aren’t against everyone. They’re against the US. So American companies have to pay more for electronics, steel, bananas. And when they try to sell their products on the global market, which is what everyone’s been trying to do since the 90s, it costs more in China for American goods. Why buy Ford when you can buy a Chinese vehicle that has local support, is an EV that fits on your road, and costs half the price. (There’s a recent Wendover Productions video about how much Volvo is struggling the last few years, and that’s without a Tarrif war making buying materials and selling product harder.)
The goal of a Tarrif is to get people to buy domestic because the foreign thing is now expensive. When there is no domestic, because it’s all been moved to foreign factories, it just makes everything more expensive for the purchaser.
China isn’t paying for a price increase. You’re paying more tax to the US government for the priviledge of buying goods from China.
China is comfortable being retaliatory to the US because they’re where the US was in the ~90s and selling to the rest of the world. And they have all the (for them) domestic production and market because we outsourced it to them.
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I’m no expert, but; its retaliation. Harm for harm. Hell maybe even a pride thing. They do hurt China to some extent (in a vague capitalistic sense), it’s just worse for America.
Edit: their tariffs might not hurt them as much as ours hurt us, either. They do, what, A third of the planets manufacturing or something? They’ll be far less invested in imports than America is.
The 30 day pause was for Canada and Mexico. The Chiba tariffs are already implemented.
I had read from AP that the President announced he is scheduled to or is scheduling to meet with Xi Jing Ping for negotiations. Kinda funny that China decided to tarriff US goods they import though. I don’t see what that even accomplishes for them since their economy is way more reliant on good international trade than the United States. Even as a bargaining chip, its a pretty weak one.
Either way, I think that these price increases were coming anyway, and tarriffs are an easy scapegoat to blame it on that takes the heat off the company.
China’s aim is independence in strategic sectors, while happily fostering the dependence of other countries upon china.
There are different ways to encourage local development that could also harm western profits, and china is using this opportunity to demonstrate the tools at its disposal.
It’s a warning shot before a full blown trade war, and it’s highly questionable whether the US would come out “on top” (less worse off than the other players) if that happens, especially as the US is working hard to alienate its traditional political allies.
I think higher prices are only applauded when they also raise the profit margins. If someone figures out how to circumvent the tarriffs while staying competitive, everyone else is screwed.
Price increases always increase profits. You think they are only going to increase the price by exactly how much the tarriffs or other import dues increase their cost? Of course not. They will absolutely increase their profit margin with the price increase.
