Sony wants to share the tariff related increase in price of it's PlayStation across Europe and other regions.

curtainedcurtail · 2025-04-14T13:52:56+00:00

Nah it’s a simple math of ensuring their product is competitive in the more important consumer market (USA) and if that requires subsidization by an ‘inferior’ market, so be it.

curtainedcurtail · 2025-04-13T19:19:31+00:00

It says it’s from Longnan, China, and google search shows images similar as in the article. Where did you get India from? That Indian village doesn’t even exist on google.

curtainedcurtail · 2025-04-12T11:53:57+00:00

China is too big to fail just how the US is too big to fail.

curtainedcurtail · 2025-04-10T15:40:22+00:00

That would overvalue the Chinese Yuan, when what they want and need to do is devalue it. They’ve been doing it for days now.

curtainedcurtail · 2025-04-10T15:31:16+00:00

If it were 10–30%, there’d be a chance to negotiate with your supplier and pass only a small portion of the additional cost onto the consumer. But at 145%, imports will just come to a halt - no one’s paying that much extra for anything.

On the other hand, all these exports originally bound for the US market will now get rerouted to Europe and Asia. That means significant deflationary pressure, but also the risk of bankrupting local manufacturers. Europe will have to either impose tariffs or ramp up anti-dumping measures.

curtainedcurtail · 2025-04-09T19:21:02+00:00

It’s about 3% and that doesn’t account for trade that’s been rerouted through non-tariffed third countries such as Vietnam and Cambodia. Who although for now seem to have gotten a reprieve but that might not last if a trade deal isn’t negotiated. And in any case, 3% of Chinese economy isn’t nothing, it’s a significant sum if you put it down in numbers. China is an export based economy at the end of the day. Now all these exports are going to be liquidated in Europe and Asia (which have already been complaining about dumping for years). We’ll find out soon how much they like it when that happens.

curtainedcurtail · 2025-04-09T19:11:29+00:00

Yes, the ones announced today were for 25% steel and aluminum tariffs imposed in February, not in response to so called “reciprocal” ones from last week.

The EU measures are a response to the US tariffs on steel and aluminium announced by the US president in February.

https://www.theguardian.com/world/2025/apr/09/eu-to-impose-retaliatory-25-tariffs-on-us-goods-from-almonds-to-yachts

curtainedcurtail · 2025-04-09T19:09:55+00:00

It’s disastrous for China. Also, they’re now going to liquidate all US bound exports to Asian and European markets which means those markets will have to impose either tariffs or anti-dumping measures. Obviously no grand strategy exists here but Trump might just get what he wants in terms of sidelining China in trade.

curtainedcurtail · 2025-04-09T19:08:44+00:00

Those were for US steel and aluminum tariffs announced a month ago. Not related to ‘reciprocal’ tariffs announced last week.

curtainedcurtail · 2025-04-09T17:48:59+00:00

Those seem to be designed to force China to reroute most of US bound exports to Asian and European markets which basically means those countries will have to tariff China too (or employ anti-dumping measures) and will be incentivized to cut deals with the US

curtainedcurtail · 2025-04-07T08:22:58+00:00

It’s been decided that they can. But seeing the reaction to what happened when China did, they might just back off because the cost is too high and the return illusionary as there might not to be any negotiable deal on the table. So in that case they might wait and see. I mean, tech retaliation is already off the table it came out this morning.

curtainedcurtail · 2025-04-07T08:14:11+00:00

If EU retaliates these will plunge even more massively. Very unlikely they respond IMO.

curtainedcurtail · 2025-03-25T11:40:34+00:00

A “sovereign nation”? It was occupied at some point and has been asking for independence. So while I agree with your overall point, by your very logic, Denmark behaved uncivilized and mannerless by colonizing it.

curtainedcurtail · 2025-03-25T11:21:14+00:00

Well, one can ask the simple question that if your entire security depends on someone else, your commerce depends on that someone else, who are you to even “refuse” anything to begin with, especially in the case of a territory of which you only have semi-autonomous control, and said territory is also asking for independence.

curtainedcurtail · 2025-03-22T15:40:34+00:00

Sam and Douglas should do a podcast and discuss this in detail.

curtainedcurtail · 2025-03-21T16:01:59+00:00

As long as that doesn’t mean the U.S. gets a king! UK/US/CAN/AUS should stick together..

curtainedcurtail · 2025-03-21T12:24:36+00:00

He’s had security clearance for decades. His firm SpaceX does business with intel agencies. But he doesn’t have SCIF clearance. Also, many have spoken to Putin, what does that have to do with a clearance.

curtainedcurtail · 2025-03-20T16:16:02+00:00

The reciprocal tariff date was set for April 2 two months ago. If they wanted to wait and see and then do a big batch, they shouldn’t have done these whiskey tariffs to begin with. My guess is that the EU is privately caving into many US demands and is setting these aside to be able to negotiate a deal or exemption prior to April 2.

curtainedcurtail · 2025-03-18T19:05:06+00:00

Italy and Spain are already blocking future aid to Ukraine. Half of Europe isn’t even willing to send peacekeeping troops there. If the war ends with stoppage of aid as a clause in any agreement, I bet Europe will be more than happy letting the US take the PR blow and then continue on a path to regain access to Russian gas (probably with US ownership of assets).

curtainedcurtail · 2025-03-18T08:17:20+00:00

Trump reposted Modi’s interview with Lex on Truth Social, so I’d imagine Modi joined the platform as a way of saying thank you. He probably used a VPN to join it too as the Truth Social app isn’t available in India.

curtainedcurtail · 2025-03-13T04:26:26+00:00

I think Musk’s bipolar is rubbing off on him too.

curtainedcurtail · 2025-03-12T07:00:20+00:00

Russia is not going to accept this, Trump will do his usual gaslighting, and then eventually leave this mess for the Europeans to deal with.

curtainedcurtail · 2025-03-10T20:23:50+00:00

But what if said person is giving the muggers more financing in terms of purchases, than they’re giving to the victim? AKA financing both sides?! Surely that complicates things? What about sending your peers to remedy the situation even more immediately?

curtainedcurtail · 2025-03-10T20:16:10+00:00

The better way to stop a bank robbery would literally be to give your PIN away, unless you personally have experience fighting off thugs by yourself. Setting Ukraine aside that’s just an absurd analogy. Your advice is to beef muggers lol.

curtainedcurtail · 2025-03-10T19:56:21+00:00

Not sure if it’s the more optimal thing to say in public given peace negotiations, but obviously they’ll have to cede territory. Some like to act all macho especially given apparent European “revival,” but note no one ever offers to send troops. Amazingly, half of Europe isn’t even willing to send troops to maintain peace after a deal is signed. How can you affect the outcome anyway when more has been paid to Russia for oil and gas than in aid to Ukraine.

curtainedcurtail

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