205
submitted 7 months ago by yogthos@lemmy.ml to c/news@hexbear.net
you are viewing a single comment's thread
view the rest of the comments
[-] WashedAnus@hexbear.net 74 points 7 months ago

For those who don't want to click the link:

  • The tariff rate on certain steel and aluminum products under Section 301 will increase from 0–7.5% to 25% in 2024.
  • The tariff rate on semiconductors will increase from 25% to 50% by 2025.
  • The tariff rate on electric vehicles under Section 301 will increase from 25% to 100% in 2024.
  • The tariff rate on lithium-ion EV batteries will increase from 7.5%% to 25% in 2024, while the tariff rate on lithium-ion non-EV batteries will increase from 7.5% to 25% in 2026. The tariff rate on battery parts will increase from 7.5% to 25% in 2024.
  • The tariff rate on natural graphite and permanent magnets will increase from zero to 25% in 2026. The tariff rate for certain other critical minerals will increase from zero to 25% in 2024.
  • The tariff rate on solar cells (whether or not assembled into modules) will increase from 25% to 50% in 2024.
  • The tariff rate on ship-to-shore cranes will increase from 0% to 25% in 2024.
[-] goferking0 42 points 7 months ago

Didn't car companies just announce they were canceling battery orders due to price?

Why are we fucking doing tariffs (╯°□°)╯︵ ┻━┻)

[-] Tunnelvision@hexbear.net 34 points 7 months ago

Damn this is actually worse than I thought.

[-] MayoPete@hexbear.net 33 points 7 months ago

Damn, really trying to catch up to W for the title of "dumbest modern President"

[-] DerRedMax@hexbear.net 31 points 7 months ago

But we NEED ship to shore cranes we don’t have enough [US Flagged] for the construction that’s already underway, most of which was paid for by

Oh. The Joseph Robinette Biden Built Back Better Bill. Huh.

So this will affect like everything that costs money. Cool.

[-] PolandIsAStateOfMind@lemmygrad.ml 12 points 7 months ago

So this will affect like everything that costs money. Cool.

Steel and aluminium going to 25% gonna have excellent effects on any infrastructure construction and maintenance and industrial manufacturing still left in the USA.

[-] radiofreeval@hexbear.net 30 points 7 months ago

Fuck I'm not getting any new electronic devices, aren't I.

[-] PolandIsAStateOfMind@lemmygrad.ml 13 points 7 months ago

This sounds like excellent idea, carry on.

this post was submitted on 14 May 2024
205 points (100.0% liked)

news

23626 readers
780 users here now

Welcome to c/news! Please read the Hexbear Code of Conduct and remember... we're all comrades here.

Rules:

-- PLEASE KEEP POST TITLES INFORMATIVE --

-- Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed. --

-- All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. --

-- If you are citing a twitter post as news please include not just the twitter.com in your links but also nitter.net (or another Nitter instance). There is also a Firefox extension that can redirect Twitter links to a Nitter instance: https://addons.mozilla.org/en-US/firefox/addon/libredirect/ or archive them as you would any other reactionary source using e.g. https://archive.today . Twitter screenshots still need to be sourced or they will be removed --

-- Mass tagging comm moderators across multiple posts like a broken markov chain bot will result in a comm ban--

-- Repeated consecutive posting of reactionary sources, fake news, misleading / outdated news, false alarms over ghoul deaths, and/or shitposts will result in a comm ban.--

-- Neglecting to use content warnings or NSFW when dealing with disturbing content will be removed until in compliance. Users who are consecutively reported due to failing to use content warnings or NSFW tags when commenting on or posting disturbing content will result in the user being banned. --

-- Using April 1st as an excuse to post fake headlines, like the resurrection of Kissinger while he is still fortunately dead, will result in the poster being thrown in the gamer gulag and be sentenced to play and beat trashy mobile games like 'Raid: Shadow Legends' in order to be rehabilitated back into general society. --

founded 4 years ago
MODERATORS