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this post was submitted on 29 Apr 2025
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If the world had any sense Rupert Murdoch would be at the bottom of the ocean.
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Short term, that actually will happen. Long term, new trading routes will occur.
Reason why would be that not producing could cost more than producing at a loss.
Thing is, we’ve seen it at least a few times. Nintendo, for instance, did not increase the Switch 2 price. Many companies are afraid of adding a “tariff tax” label on goods.
I personally don’t understand it. What I’ve heard is that part of the issue is when companies are in many fields, the government could choose to retaliate on any of them. Reject their H1B visas when they set higher product prices, for instance.
The switch 2 is also produced, in some capacity, in Vietnam. Apparently all the production from there is being redirected to the US to avoid tariffs, for now anyway.
If I remember correctly what I've read, Nintendo will sell Vietnam made consoles to the US and China made consoles to the rest of the world. But even with that, they could reportedly sell the Switch 2 at lost in the US (!). I guess they expect to made the money back by selling games and and other not China-made stuff.
I don't think going into a fox news comment section is going to give you any useful info. The thing seems like it's full of the "people of facebook" combined with a shitload of bots and trolls. I don't think it's representative of literally anybody.