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Donald Trump the Megathread part II - mod warnings in OP, Updated 18/03/25

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Comments

  • Registered Users, Registered Users 2 Posts: 20,829 ✭✭✭✭Tony EH




  • Registered Users, Registered Users 2 Posts: 5,622 ✭✭✭10000maniacs


    Naw. The USA priced themselves out of manufacturing 40 years ago. A weak dollar won't help US export trade in goods one iota. Services maybe but not goods.



  • Moderators, Recreation & Hobbies Moderators, Science, Health & Environment Moderators, Technology & Internet Moderators Posts: 95,171 Mod ✭✭✭✭Capt'n Midnight


    apple subscription

    The price of an iPhone is twice what it costs to make. So max possible tariff is 12.5%

    Back in the day companies like IBM and Xerox didn't sell equipment, they rented it. That's a service.

    Your iPhone costs $ but for an additional $$ you can get one with software on it.

    Or do the old Dell trick of adding adding one chip to a socket and then adding a cover so it's now "manufactured" in the US. Nowadays you could have something slide in and latch like a SIM card holder.

    Apple makes it's phones from airspace grade materials. Which are AFAIK still tariff free.

    And that's before you get to transfer pricing.

    Or creative accounting like Apple renting the boards from Foxconn.



  • Moderators, Politics Moderators, Social & Fun Moderators Posts: 16,789 Mod ✭✭✭✭Quin_Dub


    "The EU are going to punish Ireland this time lads, I'm telling you .

    I know I've said this every few weeks for the last decade, but I mean it this time. Definitely….. For sure"



  • Registered Users, Registered Users 2 Posts: 15,625 ✭✭✭✭charlie14


    Wasn`t Lord Haw-Haw found wandering around lost in the wilderness when he was caught and made publicly pay for all his lies and bullshine ?



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  • Registered Users, Registered Users 2 Posts: 4,227 ✭✭✭amandstu


    Thought he was on a short ban and not to quote him for now(?)



  • Registered Users, Registered Users 2 Posts: 15,625 ✭✭✭✭charlie14


    As we have seen already, you don`t need to sink the dollar to get the big orange baby to pull up the handbrake on his tariffs. Just start selling off their bonds and the markets will do the job for you in quick time.



  • Registered Users, Registered Users 2 Posts: 27,550 ✭✭✭✭Peregrinus


    It's not that easy to evade tariffs

    To rent the phone to a US customer, Apple still has to bring the phone into the US. It's the importation that attracts the tariff, not the sale to the customer.

    Similarly, if the phone imported doesn't belong to Apple, but is leased from an overseas entity like Foxconn. It doesn't matter who owns it; it's being imported, and it will attract a tariff, for which the importer is liable.

    Same goes for the idea of importing a nearly-finished phone, and then adding one more component. The government can tariff nearly-finished phones as easily as they can tariff actually-finished phones.

    Tariffs are a very old form of taxation, and smuggling is just as old. There's a reason smuggling exists; it's very difficult to avoid tariffs by any other method.

    I take your point about the tariff applying only to the cost of the phone as imported to the US, and not to margins and value-added in the US. That's true for all tariffs. Nevertheless companies who want to maintain their return on capital (and that's all of them, because the share price will fall signficantly if they don't) will need to add an additional percentage to their domestic costs also in order to do that. If this proposal does go ahead the risk in the retail price of an iPhone in the US may not be a full 25%, but it will pretty certainly be more than 12.5%.



  • Registered Users, Registered Users 2 Posts: 23,275 ✭✭✭✭Akrasia


    The thing Americans do not realise, is that this budget bill is another incredible transfer of wealth from the poor to the ultra rich

    Cutting social spending takes money and resources directly out of their pockets.

    Cutting taxes for the wealthy gives that money back to the wealthy

    It also increases the budget deficit which is the wealthy lending that money the government just gave them back to the government at higher and higher interest rates

    Its a shockingly corrupt administration

    Take from the poor

    Give more back to the rich than you're taking resulting in an increased budget deficit

    Borrow from the rich to cover the tax cuts thereby committing to giving those lenders billions more on state funding for decades to come

    Use the higher budget deficit as a reason to reduce spending on services even more in the future

    Its a kleptocracy putin would be proud of

    Chomsky(2017) on the Republican party

    "Has there ever been an organisation in human history that is dedicated, with such commitment, to the destruction of organised human life on Earth?"



  • Registered Users, Registered Users 2 Posts: 14,692 ✭✭✭✭Igotadose


    Some detail on the new powers CFTrumps admin will gain if the Senate passes the Big BS bill as is; government officials can ignore those pesky contempt citations.

    " A provision in the proposed spending bill would restrict the authority of federal courts to hold government officials in contempt when they violate court orders.  Without the contempt power, judicial orders are meaningless and can be ignored."

    (https://archive.ph/G8QHx)

    As the gov't has been ignoring judges warnings wrt to the expulsion of immigrants who shouldn't have been expelled, the courts next step would be to cite the officials (lawyers) who ignored the rulings. Now, they won't be able to.



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  • Registered Users, Registered Users 2 Posts: 23,275 ✭✭✭✭Akrasia


    If this bill passes, Trump lawyers will be turning up to court dressed like this

    1000011044.jpg

    Chomsky(2017) on the Republican party

    "Has there ever been an organisation in human history that is dedicated, with such commitment, to the destruction of organised human life on Earth?"



  • Moderators, Recreation & Hobbies Moderators, Science, Health & Environment Moderators, Technology & Internet Moderators Posts: 95,171 Mod ✭✭✭✭Capt'n Midnight


    The whole point is to move the goalpost between goods and services. So the bare minimum of an iPhone is "goods".

    The capital costs of Foxconn's production equipment is included in the price of the phone. If Apple were to buy that equipment for several billion and instead charge Foxconn a fee per phone then the price goes down.

    The total spend is the same, but it's now split between production assets that stay where they are and the phones that attract tariffs.

    I don't know how Apple will workaround Trump but they will to a greater or lesser degree.



  • Registered Users, Registered Users 2 Posts: 27,550 ✭✭✭✭Peregrinus


    Although it's common to set a tariff as a percentage of the value/price of the product, it doesn't have to be set that way; you can set tariffs as a fixed amount per tonne, or as a fixed amount per unit (and there are tariffs set on both of those bases in force right now) or whatever.

    An iPhone 14 currently retails in the US at US$730. There's nothing to stop Trump setting a tariff of $182.50 per iPhone. Then Apple can monkey around all they like with production assets and licence fees and rebalancing payments between goods and services, but the tariff will still be $182.50 per iPhone, because the amount is not dependent in any way on what Apple pays for the phone, or who they pay, or how that payment is characterised. It'd just the amount that Trump has decided to impose by way of a tariff on every iPhone imported.

    (That's if Trump really wants to do this, obviously. History suggests that there's a sporting chance he'll be talked out of it. But, if he does change his mind, it won't be because this is a tariff that Apple could easily avoid. If governments want to impose effective tariffs, they pretty much always can.)



  • Registered Users, Registered Users 2 Posts: 254 ✭✭Qaanaaq


    Your posts get more hilarious over time. The EU including Ireland are playing a blinder. As is China.

    The only reason he is so angry is because nothing is going his way. He hates that the EU is so strong as a bloc and he can't bully individual countries.

    All he is able to do is bark insults like a mad dog but with no teeth to bite. He is full of shite and everyone bar his followers know it.

    The EU and our own gvmt are obviously playing very diplomatic publlicly even though I would love to hear them come out and insult him back. But I guess that's part of the strategy to not play his public game.

    Just keep doing as we are doing . He will just flip flop like he always does.



  • Moderators, Recreation & Hobbies Moderators, Science, Health & Environment Moderators, Technology & Internet Moderators Posts: 95,171 Mod ✭✭✭✭Capt'n Midnight


    https://techxplore.com/news/2025-05-trump-boost-nuclear-energy.html Trump denied that speeding up the regulation process could compromise nuclear safety. "We're going to get it very fast and very safe," Trump said. "It's time for nuclear and we're going to do it very big."

    Deregulation so big business and grifters can continue to make the rich richer.

    The history of nuclear power in the US is that over the last 38 years 50% of reactors were abandoned after construction started. For Gen III reactors it's 50% abandoned and the other 50% were 50% over budget and years late, and Westinghouse went bankrupt and nearly pulled Toshiba down with it.

    For Small Modular Reactors the adage of Cheap, Fast, Good - pick two applies.

    Good, Fast = Western naval reactors.

    Fast, Cheap = Soviet naval reactors. Widowmaker etc.

    Good, Cheap = 70 years after the first nuclear submarine there's nothing but requests for yet more funding, even from companies like Rolls Royce who've been making them since the 1960's.

    The ban on uranium imports from Russia pulled the rug under a lot of the new pump n' dump startups so it's now time for a new cycle of fleecing investors.

    /RANT



  • Registered Users, Registered Users 2 Posts: 5,622 ✭✭✭10000maniacs


    There have always been "Kermits" out there in the wilderness.

    I can just imagine Conor Cruise O'Brien's Sunday Indo columns if he was still alive. He would be lapping all this Trump tariff stuff up like mana from heaven.



  • Registered Users, Registered Users 2 Posts: 4,388 ✭✭✭trashcan


    Bring the illegally removed immigrant back ? You were serious about that ?



  • Moderators, Recreation & Hobbies Moderators, Science, Health & Environment Moderators, Technology & Internet Moderators Posts: 95,171 Mod ✭✭✭✭Capt'n Midnight


    How can anyone do a deal with someone who signs stuff he hasn't read ?

    Longer version - https://www.c-span.org/clip/white-house-event/user-clip-president-trump-signs-executive-order-on-nuclear-power/5163936

    About 2:20 mins in they are turning electricity into intelligence to win the AI arms race with China , I gave up shortly afterwards as there were no longer empty squares on my BS Bingo card.



  • Registered Users, Registered Users 2 Posts: 11,385 ✭✭✭✭martingriff




  • Registered Users, Registered Users 2 Posts: 20,829 ✭✭✭✭Tony EH




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  • Registered Users, Registered Users 2 Posts: 12,959 ✭✭✭✭aloyisious


    Cyril Ramaphosa called Trump's bluff in their face-to-face meeting in front of the world's media without a blink, giving the world a class on how to negotiate with a bluffer.



  • Registered Users, Registered Users 2 Posts: 12,959 ✭✭✭✭aloyisious


    Possibly one good thing came out of this. The chefs and staff at the White House got off without blame for the catering. It's a good thing that the pasting he's got lately about using the White House as a personal marketing venue may have sobered him up a bit.



  • Registered Users, Registered Users 2 Posts: 15,625 ✭✭✭✭charlie14


    O`Brien was a self serving dyed in the wool unionist, who like our wilderness friend would have had us back singing good save the King and saluting the Union Jack.



  • Registered Users, Registered Users 2 Posts: 21,116 ✭✭✭✭everlast75


    This is f**king outrageous stuff

    1000009560.png

    What a massive failure by the press.. yet again.

    Soft selling chaos and racism instead of calling out trump for what these planned ambushes really are, is why America is doomed until the press (if ever) gets its act together

    Post edited by everlast75 at

    Elect a clown... Expect a circus



  • Moderators, Category Moderators, Science, Health & Environment Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 41,966 CMod ✭✭✭✭ancapailldorcha


    Yep.

    image.png

    Always makes me cringe when people say that CNN is woke or something when all of these awful organisations have been doing their best to promote Trump. Had they actually called him out instead of pandering, things might be different.

    The foreigner residing among you must be treated as your native-born. Love them as yourself, for you were foreigners in Egypt. I am the LORD your God.

    Leviticus 19:34



  • Registered Users, Registered Users 2 Posts: 21,070 ✭✭✭✭kneemos


    Think that's crazy? Hold my beer.

    This lad is talking to God and compares to Moses.



  • Moderators, Sports Moderators Posts: 29,705 Mod ✭✭✭✭Podge_irl


    Semantics perhaps but they can still hold people in contempt. They just can't enforce that contempt order. For at least a sizeable proportion of people being held in contempt, even if not enforced, would be enough to correct their actions.



  • Registered Users, Registered Users 2 Posts: 943 ✭✭✭Detritus70


    What's crazy is, what the hell is that doing on IMDb?

    Fully Automated Luxury Gay Space Communism



  • Registered Users, Registered Users 2 Posts: 23,275 ✭✭✭✭Akrasia


    Those people are not the people we need to worry about

    Chomsky(2017) on the Republican party

    "Has there ever been an organisation in human history that is dedicated, with such commitment, to the destruction of organised human life on Earth?"



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  • Moderators, Sports Moderators Posts: 29,705 Mod ✭✭✭✭Podge_irl


    A fair point. I do think it would still have a significant effect on a decent cohort of the Administration's lawyers and officials, but they'll always find someone who doesn't care.



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