We are talking about roughly 50 people in ALL of College sports.

Glad you are addressing the important needs of the country.

BTW...

From the Article:

"Apple (AAPL) plans to source more than 19 billion chips from the US this year, part of a global supply chain shift to gradually lessen its reliance on China and elevate India for iPhone production."

"Chief Executive Officer Tim Cook talked about leaning more heavily on Taiwan Semiconductor Manufacturing Co. (TSM) , which is expanding its Arizona operations to half a dozen plants."

"He also affirmed expectations that Apple will in future make the vast majority of its US-bound iPhones in India"

Great Job, Tariffs!

iPhones will cost much more and we are creating a ton of jobs...in India...

"#1 | Posted by Zed"
LOL, Trump killed China starting in his first term - this is just the finishing touches now. Trump brought back technology manufacturing with his original tariffs and the new ones re-shore production and/or move it out of China. More liberal tears for the CCP. You -------- are ridiculous.

#4 | Posted by ScottS

Biden's Chips Act

Trump wants to kill it

So where are we getting the rare Earth minerals to make the chips? And how much will they cost with the tariffs?

BTW...

Buried in the report:

"The largest contributor to the increase in investment was private inventory investment, led by an increase in wholesale trade (notably, drugs and sundries)."

The largest contributor was businesses stocking up on domestic inventory before tariffs hit because ALL inventory will be affected including domestic manufactured inventory that often relies on imported base materials and parts.

Welcome to the Carnage, kids!

Because the impact on GDP from the decrease in government spending was negative .3% as stated in the BEA releases. I mean, you did read the BEA releases, right?

#56 | Posted by ScottS

Government spending is up. Not down.

You only think it is a reversal if you are a total -------. Every measure which points to the real economy is green. The GDP number was suppressed by 5% due to inventory builds on imports (which reverses in the coming months) and cuts to government spending - which is a good thing.

#5 | Posted by ScottS

Glad you said that!

Because Trump says it's Biden's economy!

This is what happens when you add your wife and brother to classified Signal message groups!

...

Oh wait, that was Pete Hegseth, who is still employed.

We will learn how to be self sufficient and producing quality products again.
#29 | Posted by Robson
Shouldn't this be done before prices go up and shelves go bare? Have Trump or any Republicans laid out any plan to make this happen?
And Republicans pushed for globalization at least as much as Democrats. Reagan was a big supporter.
#43 | Posted by Derek_Wildstar

What are you? A communist?!

No. You let people starve and go without medication THEN they become self sufficient...after they die.

I think this was already posted.

#24 Thanks for the comparison, however, I wasn't trying to make the point that a 10% tarrif was in any way equivalent to a 10% corporate tax increase. The numbers are obviously more complex. My point is that ANY additional costs (tarrifs or coporate income tax increases) will be passed on to the consumer, not paid by the wealthy corporations or fat cat shareholders.

#26 | Posted by Miranda7

But you're wrong.

Corporate taxes don't generally get passed on unless they are high.

This is because corporations already price products as high as they can to maximize profits.

If profits are taxed, raising the price of the product actually decreases profits further by reducing sales.

Corporations can get around this by investing their profits and reducing their tax amount as well. So they have options.

That isn't possible with Tariffs.

And its WORSE for small businesses like single member LLCs who use pass through taxation or small companies whose main "profit" goes to paying an owner or small number of owners a salary. They only pay personal income tax rather than corporate taxes. But they still have to pay the tariffs.

A Third World Banana Republic

$2 an hour jobs for everyone and don't criticize El Presidente!

We will learn how to be self sufficient and producing quality products again.

#29 | Posted by Robson

Tell me how to make computer chips without the rare earth minerals they require that can't be mined in the US.

Tell me where the labor will come from when unemployment is at about 4%.

Tell me where the infrastructure and supply chains are going to come from.

Tell me where the capital to build all these new factories will come from.

We already produce quality goods and sell them all over the world. Or did until reciprocal tariffs hit us.

Trump isn't the President we need but the President we deserve.

101 Days is all he lasted

Trump hires only the best people.

Welcome to Trump World

White House won't deny. Ha.

Trump only hires the best people...

Also...love how the Trump admin HATES transparency.

Where is Jeff to complain about this? Oh right...Trump is doing it so he is MIA.

I'm no fan of tariffs ... .. but I do think it is puzzling how so many folks thought increasing corporate income taxes wasn't going to jack up prices Did they really think Walmart and Amazon were just going to suck it up and cut profits?
#22 | Posted by Miranda7

That's a little different.

Corporate income taxes are only on profits. It doesn't increase their overall cost of business. If they could increase product cost to increase profit, they likely would have already done it even before an income tax increase. So a fair income tax increase shouldn't necessarily increase product prices because prices are already set to maximize return.

Tariffs are on EVERYTHING. Profit or loss, the cost of doing business increases. So prices go up whether the market can bear it or not. Maybe not as much as the tariff but still they go up.

Think of it this way: A Business does $10 billion in revenue with a $2 billion profit margin (20%) selling at an optimum return price.

Put it in perspective with a imported product and a 10% corporate tax vs. a 10% tariff assuming a healthy 20% profit for the company:
Product Price per item: $100
Profit per Item sold: $20
Income tax on item sold by profit: $1
Tariff cost per item sold: $10

What if the product is made in the US with only 50% of the cost from imported parts:
Product Price per item: $100
Cost to manufacture and sell in the US: $80
Profit per Item sold: $20
Income tax on item sold by profit: $1
Tariff cost per item sold: $4
However, the other 50% of the US made parts are likely going up in price too because demand increases for local raw materials or third party parts: $1-$2

Tariffs are GREAT if they are targeted and low. You want more manufacturing? Tariff end products, not base materials. Demand goes up for base materials anyway in the US because more manufacturing takes place in the US as our products are more competitive price-wise with foreign products. But... the Trump tariffs...ugh.

Remember in January when Trump said the stock market was going up because of him?

Remember when he said this in September-October too before even being elected?

Now it's ALL Biden's fault.

The MS13 was photoshopped but the symbols that represent MS13 were not. You idiots just keep digging a deeper hole.

#23 | Posted by fishpaw

Not a single person, including officers, ICE agents, witnesses, or any expert, said this. This argument was made by the Trump Admin AFTER he was deported.

And your President is too stupid to know the actual MS-13 letters and numbers were photoshopped on there.

You should take your own advice.

There are tons of examples of stupid Dictators doing ridiculous things that destroy their countries.

In 1968, Equatorial Guinea, Francisco Macias Nguema enacted a law to execute anyone wearing glasses.

Scrabble was outlawed by Nicolae Ceausescu in 1989 because he thought it was "subversive evil" and too intelligent.

Saparmurat Niyazov, president for life of Turkmenistan from 1990 to 2007, changed the names of the days of the week and renamed calendar months after heroes of the state. He even changed the word for bread, naming it after his beloved mother.

Schoolchildren in North Korea were taught that Kim Jong-il never defecated. Not once.

Mobutu, the president of Zaire (now the Democratic Republic of the Congo ), made a law saying that TV in Zaire cannot mention anybody but him by name. He also commanded that all evening news begin with a scene of him descending from the heavens.

A former dictator of Myanmar (Ne Win) thought 9 was his lucky number, so decreed that all currency denominations not divisible by 9 no longer had value, devastating the savings of much of the population.

As I posted yesterday, he really is this stupid.

"BiDEn'S fAuLT!"

-Trump, Boaz, Robson, et al

Honestly, what pisses me off is all businesses including Mom & Pop stores have already increased their prices to take into account the new tariffs even on merchandise long before and tariffs took effect. Why should we pay post-tariff on pre-tariff goods? And don't get me started on what auto dealers are doing. Right now you would be a sucker to buy a new car.

#13 | Posted by moder8

They don't have a choice. They often don't have the capital for the next order when the prices more than double. So they have to raise that capital now.

PRESIDENT DONALD TRUMP: On his knuckles -- he had MS-13 --

TERRY MORAN: Alright. There's dis -- there's a dispute over that --

PRESIDENT DONALD TRUMP: Well, wait a minute. Wait a minute. He had MS-13 --

TERRY MORAN: Well --

PRESIDENT DONALD TRUMP: -- on his knuckles tattooed.

TERRY MORAN: -- he -- he -- he -- it didn't say-- oh, he had some tattoos that are inper -- interpreted that way. But let's move on

PRESIDENT DONALD TRUMP: Wait a minute.

TERRY MORAN: I want --

PRESIDENT DONALD TRUMP: Hey, Terry. Terry. Terry.

TERRY MORAN: He -- he did not have the letter --

PRESIDENT DONALD TRUMP: Don't do that -- M-S-1-3 -- It says M-S-one-three.

TERRY MORAN: I -- that was Photoshop. So let me just--

PRESIDENT DONALD TRUMP: That was Photoshop? Terry, you can't do that -- he had --

-- he-- hey, they're givin' you the big break of a lifetime. You know, you're doin' the interview. I picked you because -- frankly I never heard of you, but that's okay --

TERRY MORAN: This -- I knew this would come --

PRESIDENT DONALD TRUMP: But I picked you -- Terry -- but you're not being very nice. He had MS-13 tattooed --

TERRY MORAN: Alright. Alright. We'll agree to disagree. I want to move on --

PRESIDENT DONALD TRUMP: Terry.

TERRY MORAN: -- to something else.

PRESIDENT DONALD TRUMP: Terry. Do you want me to show the picture?