From the department of bad ideas

[Jolly]

@jon-nyc said in From the department of bad ideas:

What precisely are we trying to get out of Taiwan?

Factories.

[Renauda]

@Horace

I expect Trump to care about inflation, and not to defeat all his purposes with them.

Possibly, although I think in his mind he truly believes he can control inflation by decree.

What might make him back off on reckless tariffs is when their consequences have a negative effect on the stock markets. Precisely that is what happened during his first term owing to his ill advised steel and aluminum tariffs. He quickly backed tracked. It did not take long either. Even Trump can’t fool the markets for any length of time.

[taiwan_girl]

@Jolly said in From the department of bad ideas:

@jon-nyc said in From the department of bad ideas:

What precisely are we trying to get out of Taiwan?

Factories.

Yeah, but TSCM is already investing USD$XX billion at a plant in AZ. And, somebody said earlier that these factories take years to come up to operation. The biggest problem right now in the AZ plant is not the construction, but getting the proper labor.

Forcing TSCM and other Taiwanese semi-conductor companies to build in the US does not solve that problem.

[LuFins Dad]

The one thing about Trump is he is not averse to reversing course. If he sees something going poorly, he’ll pull back and go in a different direction. Take the spending freeze. It was too confusing, people were bitching, and there was a legitimate shot that it would bite him in the ass. So he pulled it. If Trump sees inflationary reactions to fall that are actually incurred, he will pivot.

[Renauda]

We’ll see. Just be prepared for gas at the pump to increase. That will be first. There will be also other consumer product increases across the board in short order. That’s how it works when integrated supply chains such as they are North America are disrupted.

Also, expect other countries to retaliate on the import of US goods and services not only in kind but in concert as well.

[Jolly]

@taiwan_girl said in From the department of bad ideas:

@Jolly said in From the department of bad ideas:

@jon-nyc said in From the department of bad ideas:

What precisely are we trying to get out of Taiwan?

Factories.

Yeah, but TSCM is already investing USD$XX billion at a plant in AZ. And, somebody said earlier that these factories take years to come up to operation. The biggest problem right now in the AZ plant is not the construction, but getting the proper labor.

Forcing TSCM and other Taiwanese semi-conductor companies to build in the US does not solve that problem.

HB-1 does.

[Axtremus]

@Jolly said in From the department of bad ideas:

@taiwan_girl said in From the department of bad ideas:

@Jolly said in From the department of bad ideas:

@jon-nyc said in From the department of bad ideas:

What precisely are we trying to get out of Taiwan?

Factories.

Yeah, but TSCM is already investing USD$XX billion at a plant in AZ. And, somebody said earlier that these factories take years to come up to operation. The biggest problem right now in the AZ plant is not the construction, but getting the proper labor.

Forcing TSCM and other Taiwanese semi-conductor companies to build in the US does not solve that problem.

HB-1 does.

"Factory" is the wrong answer.
We should want the talent and the know-how, maybe even the culture that fostered the talent and the know-how.

[89th]

@LuFins-Dad said in From the department of bad ideas:

The one thing about Trump is he is not averse to reversing course. If he sees something going poorly, he’ll pull back and go in a different direction. Take the spending freeze. It was too confusing, people were bitching, and there was a legitimate shot that it would bite him in the ass. So he pulled it. If Trump sees inflationary reactions to fall that are actually incurred, he will pivot.

The inflationary concerns might be too subtle to change his mind but I’m not sure how much of America knows that tariffs are literally price increases paid by the end customer.

[jon-nyc]

[jon-nyc]

https://www.reuters.com/markets/wealth/trump-signs-executive-order-create-sovereign-wealth-fund-2025-02-03/

[89th]

Let's see if kids stay on Tik Tok once it's owned by the uncool boomer government.

[Aqua Letifer]

I can't wait to hear them freak out over the data mining.

[jon-nyc]

Bloomberg is how one monitors bond markets. Let’s make sure no one in the treasury department has access. Why would they need that, anyway?

[Renauda]

[LuFins Dad]

I believe Politico Pro is the real target of this. And a well deserved one.

[jon-nyc]

[89th]

LOL. Yeah lots of stupidity out there right now.

[taiwan_girl]