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Trump's Proposed Tariffs Will Hit Gamers Hard
(gizmodo.com)
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this post was submitted on 09 Nov 2024
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Ding, ding! Yup, that's just what it's going to happen and under Trump's proposal, will still be hit by a blanket tariff.
Also even if they do move manufacturing to the US, we don't have the amount of raw materials so that would have to be imported under those same tariffs and prices would go up because labor is more expensive and we don't have that manufacturing expertise, that's not the US's competitive advantage.
Case in point:
https://arstechnica.com/tech-policy/2023/07/tsmc-delays-us-chip-fab-opening-says-us-talent-is-insufficient/
I mean seriously, America keeps playing itself.