98
US farmers back Trump but face pain from China tariff threats
(www.reuters.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 08 Nov 2024
98 points (98.0% liked)
News
23409 readers
3141 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 1 year ago
MODERATORS
US exports are limited to war, Boeing, Caterpillar, Deere, agriculture and climate terrorist energy. The Trump promise of reindustrialization of US is a fake one. If universal tariff threat is followed through, certain recession. Placing them on the world, is not going to strengthen alliances.
Just because DNC/Biden/Harris rolled over for Trump doesn't mean rest of the world will. But that is the big geopolitical question.
The problem is that the US no longer has the production facilities and capabilities for so many basic things. How many screws are actually made in the US? How many electronic components, not just processors, but capacitors and resistors? All the ingredients for the chemical and pharmaceutical industry? They basically all come from China.
Yes. The CHIPS act making processors, will still send them over to Asia to make motherboards. Robotics in China is much more advanced because that is where all the customers are, and you need a lot of hands on tinkering help from manufacturer to get them to work with other processes. Boston Dynamics may be smartest in the world, but they are just making warehouse robots, and I doubt their sales are high.
Trying to build the full industrial support structure for "highest tech" industries while tariffing all imports is just an extremely tough investment proposition.