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this post was submitted on 26 Jan 2025
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Columbia imposed 50% tarrifs on all US goods.
What goods do we export to Columbia?
A lot of technology goods. Which basically means China, which was already doing a lot of their manufacture, wins out. China is going to be moving all in on the US international market as it continues to ramp up this way, and the US will be left increasingly alone when it is eventually forced to aid Taiwan in its defense.
The cherry on top is Trump rescinding the CHIPS act which was supposed to bring more silicon electronics manufacturing to the US, meant to make our microchip supply more resilient. Not only is it cutting off one's nose to spite one's face, it's also shooting ourselves in the foot (and then blaming Woke when the obvious consequences come knocking home).
If it comes from China, it won’t have a tariff. That’s why those tariffs won’t work in the US. We will just work with “other vendors” who eventually are just China, with extra steps (and cost). I can’t think of much that the US exports, besides weapons, that can’t be bought somewhere else.
The only one suffering is the USA. The entire world does not need us, and most of them are sick of our shit.
The US has recently convinced TSMC to open latest-process fabs in the US so that soon it won't have to do that. Within a few years the US's military policy in the event of a invasion from mainland China is going to shift from defending Taiwan to bombing TSMC ourselves and then leaving them to the wolves.
U.S. goods exports to Colombia in 2022 were $20.8 billion, up 24.2 percent ($4.1 billion) from 2021 and up 27 percent from 2012. U.S. goods imports from Colombia totaled $18.5 billion in 2022, up 40.3 percent ($5.3 billion) from 2021, but down 25 percent from 2012.
https://ustr.gov/countries-regions/americas/colombia#%3A%7E%3Atext=U.S.+goods+exports+to+Colombia%2Cdown+25+percent+from+2012.
20 billion. So, like the budget of any of our tech companies. I think they will be just fine.
Me, on the other hand, really enjoy coffee. So this is gonna suck.
THAT is the point, isn't it? YOU pay the tarifs, not Columbia, so Americans will pay 25% extra for coffee, bananas, avocados, roses, and many other products that come from Columbia. And, when the orange turd puts tarifs on Canada the cost of gas, homes, and MANY other things will go up.
Right. I know how tariffs work. No one but the US is gonna suffer from Trump’s stupid existence. He seems to think other countries can’t just buy from someone else.
20 billion barely buys an election these days