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  • 33 Comments
Joined 2 years ago
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Cake day: July 1st, 2023

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  • Because it’s something the EU wanted and didn’t get in the last round. It’ll be funny if Trump accepts because it basically concedes that his negotiating position is weaker than it was eight years ago.

    I’m with you though. I think a united front from all the countries where Trump imposed tariffs would be more effective at nipping this nonsense in the bud. And I think countries are shortsighted if they don’t recognize that the U.S. is becoming a fundamentally unreliable negotiating partner and their approach to negotiating with the U.S. should reflect that.



  • Can you elaborate on the incompatibility of the newest GPUs? It looks like Nvidia publishes a Linux driver for the Blackwell series and there are a number of AI applications (like supporting Triton and pysam-based methods) which seem harder to get working on Windows than on Linux.

    I’m considering switching over but I hear mixed things about Nvidia support. Some people seem to say it’s a pain to get the drivers working and others seem to think that’s an issue that’s been resolved. Not sure what to think in terms of how difficult the switch would be.



  • U.S. factories in most cases cannot produce goods that are competitive in a global market. Our labor costs are too high.

    This idea that we can revive American traditional manufacturing of basic goods is a complete fantasy. The factories in Vietnam aren’t going anywhere, because they will still be selling to the other 95% of the globe outside the U.S. Even if factories are stood up in the U.S., they will be constrained to producing higher-priced goods exclusively for the domestic market, with all the attendant inflationary impacts from start-up costs and higher labor costs.

    Meanwhile, retaliatory tariffs from other countries will cause the collapse of U.S. exports. We’ll lose markets for the sectors where the U.S. is still competitive, like agriculture, advanced manufacturing, and even services.

    Trump’s approach is similar to the failed development strategy of import substitution industrialization, except in this case he thinks it will cause the U.S. to reindustrialize. In any case, it will fail for the same reasons ISI failed in Latin America.



  • It’s possibly the most stupid basis for tariffs. The penalty is directly proportional to U.S. reliance on a country’s imports. The countries that are the most important suppliers to the U.S. are penalized the most. It’s a policy designed to cause maximum reshuffling of production, which maximizes the start-up costs of developing new factories and so on. And those factories are not going to be in the U.S. Import substitution industrialization is a failed policy and it won’t work for reindustrialization either.