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Joined 1 year ago
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Cake day: November 6th, 2024

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  • There is functionally no difference between a 145% and a 245% tariff.

    The cost of going through a black market rather than a clear or grey one is likely already below 145% and the grey one is likely to fill most gaps in the long run anyways.

    Grey market tariff skirting might be Canadian or UK companies slapping their logos and “made in X” marker after making a tiny change to the product. The barrier to entry on this is quite low as is the risk. If your profit is capped at 145% you still have a lot of room to make money.



  • This whole thing is just so incomprehensiblely stupid and real world usage numbers prove it:

    According to Wikimedia Statistics, Cebuano Wikipedia currently reels in tens of thousands of page views from the Philippines each month.

    English Wikipedia, meanwhile, gets more than 100 million Filipino viewers per month.

    If people wanted AN AUTOMATED TRANSLATION they could just go to the English page and use one of the many free page translation tools that exist. Who even asked him to do this? Or is it just more white saviour complex?






  • It’s unclear where the Trump administration stands on the tariffs, whose cost will be largely paid by American consumers in the form of higher prices for foreign goods. Treasury Secretary Scott Bessent told CBS News Tuesday that the tariffs are “negotiable but not a negotiating tactic.”

    Trump said Monday that there could be both “permanent tariffs and there could also be negotiations.”

    This feels like the start of a really stupid riddle.

    I’m negotiable but not a negotiation tactic, I’m permanent but subject to change…




  • And what was being pardoned:

    “In what may have been a first, Trump pardoned a corporation. The company to earn that distinction was a cryptocurrency exchange sentenced to a $100 million fine for violating an anti-money laundering law.”

    Setting a precedent of excusing money laundering really does just feel like “I want to destroy the country” with not a whole lot else going on.