Hacker News Reader

Comment by ChoGGi | Hacker News Reader

Unexpectedly, if you've been in a coma for the past year.

Let's raise tariffs again.

The "unexpectedly" is because the people looking at more real-time (but more indirect) indicators were expecting jobs to increase by about 50k or so.

It's rather more like someone going "based on the daily footfall numbers in my store, I expect sales to be up 1% this month" and the actual data being down 2%.

And indeed they are doing just that! On top of a war that will also affect energy costs.

Not only that, Iran is attacking Saudi and friends infrastructure so that they have to use their capital there and not invest in the USA's AI nor government debt.

Exactly, massive price increases with the fake tariffs, hiring freezes because 'AI can do it all', who knew these things might affect jobs?

"As long as it's just theoretical I don't have to feel bad. Just keep plowing ahead and breaking things."

Well it's about to turn from theory to reality very soon.

tariffs on goods are mostly noise. if there were tariffs on services, though...

What do you mean noise? American people pay 96% of them with an average cost of $1000+ per family over the last year. To the vast majority of people that's waaayyyy above the noise floor.

Just noise that puts people out of business and livelihood.

As an European, I would actually love tariffs on American services. Kick them where it hurts.

$0 * 1,000% still works out to be $0, unfortunately, so Facebook isn't going anywhere.

European advertisers would be the ones paying tariffs.

Do you buy goods? Have you somehow not noticed the huge increases in prices for those goods?

What a head-in-the-sand comment. Are you very wealthy? Congrats! You can ignore the flames for a little longer than the rest of us.

Reply on news.ycombinator.com