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Joined 2 years ago
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Cake day: October 3rd, 2023

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  • That’s a bit of a gross oversimplification. Overseas or foreign product? Sure tariffs apply 100%.

    But what if the modified corn gloop is processed with a machine from Germany? And quality inspected with a sampling device from Canada? And the cameras used to inspect the packaging come from Japan? And the computers to power the logistics operations come from Taiwan, Korea and China?

    Sure the corn gloop isnt taxed via tariff, but every single part of its manufacturing just got 20-120% more expensive (and supply chains got that much less predictable). Most businesses would go under if they tried to eat that cost.

    The answer? Sweeping tariffs mean sweeping price increases. The list of which prices won’t go up will be infinitely smaller.




  • CLOTHESPlN@lemmy.worldtoScience Memes@mander.xyzCFCs
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    1 year ago

    Being somewhat adjacent to that with my work, there is a good chance anything in a critical area (hopefully fields like utilities, petroleum, areas with enough energy to cause harm) have decently hardened or updated equipment where it either isn’t an issue, will stop reporting tread data correctly, or roll over to date “0” which depending on the platform with industrial equipment tends to be 1970 in my personal experience. That said, there is always the case that it will not be handled correctly and either run away or stop entirely.