this post was submitted on 12 Nov 2024
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[–] rational_lib@lemmy.world 236 points 2 weeks ago (3 children)

Politically-motivated tea tax, what could go wrong?

[–] lord_ryvan@ttrpg.network 1 points 6 days ago

AYO is that what they're doing‽

Who's doing this‽

[–] nicknonya@lemmy.blahaj.zone 69 points 2 weeks ago (5 children)

what would the boston tea party equivalent for america be? dumping an entire mcdonalds worth in the sewers?

[–] jaybone@lemmy.world 113 points 2 weeks ago (2 children)

The Boston tea party was the American equivalent of the Boston tea party.

[–] lord_ryvan@ttrpg.network 1 points 6 days ago

I think they meant how Britons would protest against the US.

[–] Lemminary@lemmy.world 16 points 2 weeks ago (3 children)

I think they meant to say modern American, no?

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[–] rockSlayer@lemmy.world 20 points 2 weeks ago

Nationalizing energy infrastructure

[–] _stranger_@lemmy.world 19 points 2 weeks ago

That's just eating at McDonald's with ... less steps.

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[–] idiomaddict@lemmy.world 151 points 2 weeks ago (12 children)

Chocolate, cinnamon, vanilla, pepper, tea, bananas, and a fuckload of other things that are completely integrated into our regular diets are almost exclusively imported.

[–] Tartas1995@discuss.tchncs.de 56 points 2 weeks ago (11 children)

Sugar too. That ain't healthy and is kinda fancy but... Can you see them losing their shit over sugar prices? I do.

Tomatoes imports were 2.5B in 2023.

Apparently the us imports 15% of it's food supply.

[–] MrVilliam@lemmy.world 57 points 2 weeks ago (3 children)

That can't be right. Corn can't be only 85% of our food.

But seriously, there's so much goddamn corn. Our meat is fed corn. Our processed foods and drinks are pumped full of corn. Even our fucking cars eat corn. We're up to our fucking ears in ears of corn.

[–] Tartas1995@discuss.tchncs.de 15 points 2 weeks ago (1 children)

Based on what I find online, the us import about $2B in raw-sugar, while some (about 100M) is exported again.

Source: https://oec.world/en/profile/bilateral-product/raw-sugar/reporter/usa

How much "processed" sugar leaves the us again? I am not sure. Maybe all of it.

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[–] Skyrmir@lemmy.world 97 points 2 weeks ago (15 children)

Coffee, tea, and everything you're wearing right now.

[–] kameecoding@lemmy.world 39 points 2 weeks ago (1 children)

A ton of parts of what you are driving, all your maga hats, a ton of stuff that's in your house

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[–] Evil_Shrubbery@lemm.ee 31 points 2 weeks ago* (last edited 2 weeks ago) (4 children)

Oh no, but I need to buy a new buttplug every day!

Wait, I'm not American, nvm.

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[–] Squorlple@lemmy.world 84 points 2 weeks ago (5 children)

Some people have never even looked at a dang banana

[–] Thorry84@feddit.nl 67 points 2 weeks ago (1 children)

It's one banana Michael. What could it cost, $10?

[–] Lauchs@lemmy.world 43 points 2 weeks ago (2 children)

In trump's economy, maybe?

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[–] MystikIncarnate@lemmy.ca 67 points 2 weeks ago (11 children)

I'm not American, but tariffs to fix import issues is pretty stupid.

This is the capitalist dream, export all the production of the goods you use daily to third world countries, who will have shit labor practices like the US used to have when slavery was a thing (and bluntly, for quite a while afterwards), so that the boots-on-the-ground laborers that produce everything are either treated like slaves or literally are slaves, then import the raw material to be manufactured into whatever you're selling in the US, so you can slap a "made in the USA" sticker on your shit to enhance sales and charge more. Meanwhile "made in the USA" doesn't and shouldn't imply that there's no imported goods going into the manufacturing process to make that thing, just that you took raw materials (from wherever) and made this thing in the USA.

Tariffs unduly harm end consumers, pretty much everything we buy and own is, or has components that are, imported shit.

Most microchips, a large amount of the food we eat, most electronics, pretty much everything you'll find at a dollar general, etc (the list is very very long)... all imported in whole or in part.

Hell, there was a time that it was more economical to have your raw materials, even if they're mined/harvested/produced in the USA, shipped overseas for assembly by slave labor, then shipped back for sale to the US public, than to have it assembled inside the US. Much of that is still true. The US neither has the manufacturing capacity, nor the desire to build their own shit. The only time that's not the economical option is for large cost (and scale, either in size or money) items, like housing or vehicles. Assembly generally happens in the country/landmass where the vehicle will be sold and used. Even a company like Toyota, a Japanese brand, will have assembly plants in the USA for cars sold in the USA, because that's cheaper than importing hundreds of vehicles. For everything else, it's generally cheaper to assemble it outside of the country and import the final product.

You think process are high now? Wait until the tariff wars really kick off.

No company is going to accept the costs of tariffs and be okay with that eating their profits, they're passing that cost into consumers, because we're the saps that are still going to buy it.

When the tariffs come down, and they will eventually, prices will drop, but not to where they were from before the tariffs. Companies will continue to post record profits, justifying not giving raises because tariffs, and wages will remain stagnant. We'll earn less, while they rob is for more than they already do.

The worst part is that when the tariffs are lifted, we'll thank them for lowering the prices by buying more of their shit. We'll be grateful for the opportunity to pay even more into their profit margins.

Congratulations, you're experiencing late stage capitalism. The system is working as intended. You are poor, you remain poor, barely able to scratch out a living, while your owners profit more and more off of your hard work, and you get to thank them for that opportunity.

I don't want to live on this planet anymore.

[–] Omgpwnies@lemmy.world 29 points 2 weeks ago (4 children)

The worst part is that when the tariffs are lifted, we’ll thank them for lowering the prices by buying more of their shit. We’ll be grateful for the opportunity to pay even more into their profit margins.

Prices won't go down, companies will pocket the difference

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[–] Fedizen@lemmy.world 67 points 2 weeks ago* (last edited 2 weeks ago) (4 children)

Chocolate also. Lol I hope you fucking like corn syrup and candy corn you little shits.

[–] ntma@lemm.ee 20 points 2 weeks ago* (last edited 2 weeks ago) (2 children)

I prefer buying my coffee and chocolate directly from the child slave labour. None of that free trade shit. It makes me feel connected to a past I never lived in.

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[–] Xanthobilly@lemmy.world 55 points 2 weeks ago (4 children)

Who are we kidding? Trump’s going to enforce it selectively to nefarious ends and enrich himself off exemptions that he’s hand picked to be subservient. Free market my ass.

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[–] CForsyth@lemmy.ca 52 points 2 weeks ago

Most competent governments think like this goose because their believe in rules based order and systems. Trump doesn't ascribe to that view and I think he will make a sweeping change and will personally govern exceptions until it suits himself and his base. Hopefully that mangment consumes his time enough to make him less effective.

[–] Liz@midwest.social 45 points 2 weeks ago (3 children)

People listing Hawaii like they could meet the total US demand, even if they could scale to maximum production overnight.

Most of the corn we eat is Brazilian. Most of the corn we grow is feed corn for cows and process corn for HFCS and other processed food ingredients.

[–] Johnmannesca@lemmy.world 17 points 2 weeks ago (1 children)

As an American born and raised in Illinois I can also inform the rest of the populace our corn also gets used to make ethanol, an alternative fuel source.

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[–] zeppo@lemmy.world 44 points 2 weeks ago (5 children)

It sure would help if Americans weren’t generally ignorant about uh… tons of stuff and especially anything that involves other countries. All sorts of fruits and vegetables are imported - green beans, cucumbers, squash, tomatoes, lettuce, berries, bananas, onions, cauliflower, broccoli, eggplant. And then at the same time, the Trump bros want to crack down on groups of people who make up a large portion of the domestic agricultural workforce? It’s difficult to see some conservative policies as intended to do anything other than just fuck people over and cause chaos.

[–] 100_kg_90_de_belin@feddit.it 21 points 2 weeks ago (3 children)

They are going to blame the deep state or some marginalized group other than the one they just deported

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[–] Aceticon@lemmy.world 37 points 2 weeks ago

Well, the US turning into a banana republic will at least solve the problem for bananas.

[–] FlyingSquid@lemmy.world 35 points 2 weeks ago (3 children)

I just remembered that Coca-Cola requires denatured coca leaves from South America.

So enjoy that $8 Coke can, America

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[–] ericbomb@lemmy.world 31 points 1 week ago (3 children)

Some folks were a little late to figuring out what tariffs were okay!

[–] hydrospanner@lemmy.world 23 points 1 week ago (2 children)

I feel like most people I have heard talking about them while supporting Trump seem to know that tariffs are taxes, but have no concept of how they play out in a real economic situation. Most fall into one or both of two camps:

A) Tariffs are taxes, but they're taxes for companies not individuals, and they're only applied to importing, so they won't affect me.

B) Tariffs are taxes for foreign companies, to level the playing field and keep American business competitive. Since the companies that have to pay it are foreign, it won't affect me.

Spoiler alert, guys: no matter where the tax is levied in the system, the consumer is the only person who ever pays for it, since they're the only ones that can't pass that cost on to anyone else.

Also, while this can make domestic competitors more competitive, it's important to remember two things: first, if it works, it's only working by making things more expensive for consumers, and second, this assumes that the domestic competitors want more business, have the ability and posture to increase their production to meet the new greater demand, and will operate in good faith. Much more likely is that they simply also increase their prices in reaction to the tariffs, so they're not producing or selling any more volume and aren't creating any jobs... they're just padding their profit margins at the corporate/shareholder level while doing nothing for their employees, all while having the average consumer foot the bill.

That's exactly what happened with the steel tariffs in the first Trump term and that's exactly what will happen now...the only difference is that this time it seems like there will be significantly fewer economic buffers between the tariff and the consumer, so more people will more directly feel the sting here...and presumably the mental gymnastics from the MAGAts will be even sadder in their attempts to somehow make it not a criticism of their orange leader's incompetence.

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[–] FlyingSquid@lemmy.world 21 points 2 weeks ago (3 children)

You think it's going to be bad when people find out coffee prices are shooting up? Wait until they find out about chocolate.

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[–] Iheartcheese@lemmy.world 21 points 2 weeks ago (3 children)

I will literally cry if Trump takes coffee from me

[–] papalonian@lemmy.world 41 points 2 weeks ago (1 children)

Thankfully they only placed tariffs on covfefe imports.

[–] Iheartcheese@lemmy.world 17 points 2 weeks ago

Thank you for reminding me there is at least some comedy coming in the future

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[–] empireOfLove2@lemmy.dbzer0.com 20 points 2 weeks ago (1 children)

I'd bet they exempt it. The corporate grinder doesn't really work without stimulants for the workers to purchase so they can work (and consume) more and sleep less.

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[–] Moah@lemmy.blahaj.zone 16 points 2 weeks ago (2 children)
[–] makuus@pawb.social 20 points 2 weeks ago

Yay! I can finally afford a hous-… and Blackrock just bought it out from underneath me…

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