this post was submitted on 07 Nov 2024
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[–] leisesprecher@feddit.org 164 points 5 days ago (2 children)

Obviously I don't know the business in question, but it's quite possible that the company has a bunch of longer running contracts that would become a loss if the inputs become much more expensive.

Of course, businesses will use the opportunity to charge more, but sudden price hikes are a very real problem.

[–] WoahWoah@lemmy.world 70 points 5 days ago (2 children)

This is almost certainly what's happening. The proposed tariffs will be very hard on American businesses and devastating for the consumer. It's quite literally a fairly severe tax on domestic companies and the American people. But, honestly, we could do with a less consumerism in this country. Unfortunately, it's likely to cause a tough economic downturn that will hurt poor people the most.

[–] curbstickle@lemmy.dbzer0.com 31 points 5 days ago (1 children)

that will hurt poor people the most.

As is tradition.

[–] msage@programming.dev 3 points 4 days ago

Beatings will continue

[–] Corkyskog@sh.itjust.works 13 points 4 days ago* (last edited 4 days ago) (1 children)

Be hilarious if Trump simultaneously collapses the economy and starts a green movement built around an inherent need for a second hand economy.

[–] WoahWoah@lemmy.world 13 points 4 days ago (1 children)

Stranger things have happened. Like him getting elected, for instance.

[–] Captainvaqina@sh.itjust.works 5 points 4 days ago (1 children)

And 20 million voters disappearing into thin air...

[–] WoahWoah@lemmy.world 11 points 4 days ago (1 children)

Well, they didn't disappear into thin air. 12 million less people voted for Harris, so basically the democrats lost the election more than Trump won it. Trump got basically the same number of votes as he did against Biden.

[–] Captainvaqina@sh.itjust.works 0 points 4 days ago (1 children)

Yes that's what I meant though. Their votes disappeared. Our electronic voting machines have known first hand vulnerabilities.

I think they figured it out finally. They've been trying to gain access this entire time, and some Republican traitors are being prosecuted for it as we speak. Or were. I guess laws don't matter anymore since America is finished.

[–] WoahWoah@lemmy.world 5 points 4 days ago (1 children)

Lol. K. You don't think it might be that votes aren't finished being counted, Harris was uninspiring, and people are sexist? No! It must be a vast conspiracy! Good to know being a paranoid idiot isn't exclusively a right-wing thing.

[–] stoned_ape@lemmy.world 5 points 4 days ago

I want to hope that it's this

I sell steel, and we have been telling everyone to buy as much of their estimated annual usage as possible right now in order for us to hold the pricing, especially if it isn't mill runs and double especially for exotic alloys.

It's going to fuck over so hard the small machine shops that are prevalent everywhere that just do whatever jobs get called out and don't really have the sway or size to be able to negotiate a better deal.

The same machine shops that were flying Trump memorabilia.