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commander@lemmy.world to Technology@lemmy.worldEnglish · 1 month ago

Bernstein Posits That A 10 Percent Baseline US Tariff On Raw Semiconductors Is "Not Going To Do All That Much," But PCs, Servers, And Smartphones Are About To Get Pricier By ~40 Percent

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Bernstein Posits That A 10 Percent Baseline US Tariff On Raw Semiconductors Is "Not Going To Do All That Much," But PCs, Servers, And Smartphones Are About To Get Pricier By ~40 Percent

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commander@lemmy.world to Technology@lemmy.worldEnglish · 1 month ago
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Trump's Liberation Day: Bernstein Posits That A 10 Percent Baseline US Tariff On Raw Semiconductors Is "Not Going To Do All That Much," But PCs, Servers, And Smartphones Are About To Get Pricier By ~40 Percent
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President Trump's "Liberation Day" has come and gone, and markets around the globe are predictably reeling from the impact.
  • cm0002@lemmy.world
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    1 month ago

    Not just any businesses either, he bankrupted a casino… TWICE

    It takes a special kind of stupid to bankrupt a fucking casino, twice

    • ilinamorato@lemmy.world
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      1 month ago

      He failed to sell alcohol and beef to Americans

      The only thing harder to do is to fail at selling sub-prime mortgages before the 2008 recession

      which he also did

    • fubarx@lemmy.world
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      1 month ago

      https://www.politifact.com/factchecks/2015/sep/21/carly-fiorina/trumps-four-bankruptcies/

    • SeaJ@lemm.ee
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      1 month ago

      That was with very clear money laundering too.

      • Echo Dot@feddit.uk
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        1 month ago

        How do you bankrupt a casino while also running a money laundering scheme and still fail? Someone should turn his life into a movie it’d be like anti breaking bad

        • UntitledQuitting@reddthat.com
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          1 month ago

          Yeah but what’s the moral to the story? Keep failing over and over again and you’ll end up being the most powerful man in the world twice? Not a story that can be told without realising that the world is corrupt cesspool.

        • sugar_in_your_tea@sh.itjust.works
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          1 month ago

          Bankruptcy is a strategy at the corporate level.

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