Nintendo Switch 2 Preorders Delayed (US) Due To Tariffs, Release Date Still June 5

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havoc00 said:
For some reason people can't wrap their head around the fact you don't just change decades long policy over couple of months without upsets. if you want meaningful changes you have to take the consequences that come with them. most simply cannot see past tomorrow.
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The problem in the U.S. is that president just has 4 years and small changes take years so big ones like this would take one decade at least and we don't know how Will behave next presidents/senate.
 
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GHG said:
You can move a house?
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Beep beep
700-00642397en_Masterfile.jpg
 
Astray said:
I meant move between houses.

There's a lot that goes into planning, installing and executing a new production line. This isn't gonna go like Trump thinks it will imo.
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Well now that you suggested it...

kOICkhm.jpeg


Replace the house with a factory, and the truck with a plane and we can get those fractories over from China in no time.

No job is too complex for America!

Donald Trump Sport GIF by UFC
 
Just imagine the reaction here when it's announced that Microsoft have secured tariff waivers / exemptions for their consoles? :messenger_hushed:
 
AGRacing said:
There are a LOT of clowns in here.

America voted to reverse course on exporting GDP produced by its middle class to the rest of the world. They may pay a little more for a Switch.. they may not. Remains to be seen.

HOWEVER those who wish to work will finally be in demand. Wages will increase. It'll be a nice counter balance to the inflationary results of money printing…. WHICH IS THE REAL REASON TODAY that your new Switch is 450 USD.

In a little over 60 days America has secured an incredible amount of investment in jobs, factories and cash. I WISH we had that in my country… we just have inflation without the increase in wages. We just have our people increasing their personal debt.
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I dunno, looking at the historical data, that didn't do much the first time around in 2016. While there is a sharp increase in investment in 2022, probably due in part to the CHIPS Act, that hasn't really manifested much in gains to domestic output or domestic manufacturing jobs. Maybe the flaw was that we just didn't tariff enough the first time? While it's possible, it seems unlikely. If anything, what this graph is telling me is that if the goal is to actually increase investment in jobs, factories, and cash, the more effective government policy would be to encourage that directly, rather than indirectly by forcing punitive tariffs and hoping the capitalists in charge will finally "get with the program" instead of doing what they're actually fiduciarily bound to do.

fredgraph.png



It's possible I could have messed up my data points, so if anyone wants to fact check this go here:

Real private fixed investment: Nonresidential: Structures: Manufacturing | FRED | St. Louis Fed

Graph and download economic data for Real private fixed investment: Nonresidential: Structures: Manufacturing from Jan 1939 to Apr 2025 about nonresidential, fixed, investment, private, manufacturing, real, GDP, USA, output, sector, headline figure, establishment survey, employment, gross...
fred.stlouisfed.org
 
EviLore said:
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I think the more angry people get, the more he will double down. The guy will never take the L on anything ever in his life. I don't think he's an evil man, but I think he's one of the world's biggest egomaniacs. And just admitting something this administration did is wrong, is such a bruise to the ego, it's just not going to happen.

It's either deny deny deny or if you can't deny anymore, blame someone else. Love it or hate it, that's what we are getting until 2028.
 
EviLore said:
ELI5 version: true believers within the United States are currently acting identically to communist party lapdogs. They are promoting overtly anti-capitalist messages and making appeals to trust in authoritarianism in the face of all facts, evidence, and the desperate screams of every economist in the country.
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☝️☝️☝️☝️☝️☝️☝️☝️☝️☝️

will be obvious soon when a few more people are unemployed and begging in the street... too little to late, but they will see 😌
 
Azelover said:
They can't... maybe they will delay the American launch until they decide what to do. Maybe in a year or so there will be a choice of manufacturing within the US..
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The Switch 2 will lose 90% of its sales at $1000 in the US, there's no way that cost is sustainable. But I don't think that vast majority of the tariffs will still be in place come two months from now.
 
simpatico said:
Please share specifics. Not just analogies from our totally benevolent, well intentioned friend Dmitri
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If you think WTO is Dimitri than I have nothing to say anymore in that matter. You wouldn't believe any sources anyway

Madserb2023 said:
As I stated Tariffs may not be the answer. Its not economically proven that they can reindustrialise an economy as no Western economy has done so. However, nobody looks at Detroit, or the North of England and thinks great, can't get better than this. When AI really hits and huge swaths become unemployed, who knows what's going to happen. My guess is somebody who you will dislike a lot more than Trump.
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Ai will kill most of those jobs anyway. It's just about being as self-sufficient as possible. But the jobs aint needed in a few years no matter where those factories are located.
 
Fabieter said:
If you think WTO is Dimitri than I have nothing to say anymore in that matter. You wouldn't believe any sources anyway



Ai will kill most of those jobs anyway. It's just about being as self-sufficient as possible. But the jobs aint needed in a few years no matter where those factories are located.
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most factories are using robots anyway and ai will make it easier
 
Fabieter said:
Actually it has a chance to become a stagflation. If spending and economy is going down and inflation is up because of the tariff it's gonna be bad.
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The goal is to lower the federal income tax rate to compensate, but if Trump pisses off Congress to much that might not happen.
 
HeisenbergFX4 said:
So this person is claiming tariffs caused the 1929 depression?
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Yes, the tariffs of 1929–1930, especially the **Smoot-Hawley Tariff Act** (passed in 1930), are widely believed to have **contributed to the Great Depression**, though they **did not cause it outright**.

### What was the Smoot-Hawley Tariff?
- It was a U.S. law that **raised tariffs on over 20,000 imported goods** to protect American industries and farmers.
- Passed in **June 1930**, right after the stock market crash of October 1929.

### How did it impact the Depression?
1. **Retaliation**: Other countries retaliated with their own tariffs (like Canada, France, and others), shrinking global trade.
2. **Global Trade Collapse**: International trade **plummeted by over 60%** between 1929 and 1934.
3. **Worsened the Slump**: As exports and imports fell, so did production and jobs, especially in export-reliant sectors.
4. **Damaged Global Confidence**: It signaled protectionism, worsening global economic cooperation at a critical time.

### Important Note:
- Most economists agree it **worsened and prolonged** the Depression but wasn't the main cause. That was due to factors like:
- The 1929 stock market crash
- Bank failures
- Deflation and a tight monetary policy by the Federal Reserve

This is from ai but it sounds reasonable
 
simpatico said:
He's not wrong. I'm generally amazed that anyone on the right in America can see Trump having the same interests that they do, but I do love these tariffs. I'll deal with austerity for a while if it means burning down the businesses who rely on shenanigans to stay afloat. Hell I think it will be good for the soul. If there's anything America needs, it's detachment from materialism.
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He is absolutely wrong. There is nothing inherently wrong with a trade deficit. You have a trade deficit with the grocery store, your employer has a trade deficit with you. That doesn't mean anyone is losing.
 
BbMajor7th said:
The concern is greater for those who have the most to lose. We had exactly the same debates following the Brexit referendum. You had people from wealthy southern counties in comfortably well-paid jobs berating people in impoverished working class towns that they'd no longer have the freedom to work, study and travel in Europe, as though these were things people in those places could ever have afforded to do anyway.
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And that is why they never understood the "protest vote". I am a remainer but I understand the abandonment of the working class, people want the ability to provide and they were promised a return to home grown industry.
It is insane, but if Trump sticks to his guns this may give us a small consolation prize of realising some export bump, worth delaying an eu deal for a short time or so if we can get a USA deal that sticks first. Or an opportunity to get a better deal with EU?
Anyway, Mario Kart looks good.
 
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Fabieter said:
If you think WTO is Dimitri than I have nothing to say anymore in that matter. You wouldn't believe any sources anyway



Ai will kill most of those jobs anyway. It's just about being as self-sufficient as possible. But the jobs aint needed in a few years no matter where those factories are located.
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Dmitry Grozoubinski is a negotiations and trade policy expert known for his superpower: an ability to explain the complexities of trade and economics.

A former Australian trade negotiator and current Executive Director of the Geneva Trade Platform in Switzerland, he has trained hundreds of government negotiators, civil servants and corporate officers all over the world in how trade policy works, how trade agreements are negotiated, and how those on the outside can shape their outcomes.

Dmitry has appeared on TV multiple times, is a frequent guest on radio and podcasts, and has been extensively quoted in agenda-setting media from the New York Times and the Wall Street Journal to Time Magazine and the Economist.

Prior to launching his own consultancy, Dmitry represented Australia at the World Trade Organization on such issues as agriculture, trade facilitation, women's economic empowerment and economic development. He negotiated for Australia at the 10th WTO Ministerial Conference and the 14th United Nations Conference on Trade and Development quadrennial.

Dmitry built his consultancy off the back of explaining trade issues and especially the trade implications of Brexit on Twitter, where his account is perhaps the most followed of any trade expert in the world.

Since being appointed the first Executive Director of the Geneva Trade Platform, he has helped guide the organization into a position of prominence within the trade landscape. The Platform has hosted the key policy addresses of the United States Trade Representative Katherine Tai and the Executive Vice President of the European Commission, Vladis Dombrovskis, as well as speeches by Nobel Peace Prize winners, the WTO Director-General and dozens of Ambassadors.
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I'm sure his comments are completely neutral and altruistic. Just wants to do what's best for the working man in America.
 
EviLore said:
Read up on the Smoot-Hawley Tariff Act and its economic repercussions.
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The Bill that didn't go into Law until June of 1930 after the Stock Market Crash to try and help stop the depression?

It didn't cause the crash and the depression that followed

Maybe some debate if it worsened or lengthened the depression but did not start it

Fabieter said:
Yes, the tariffs of 1929–1930, especially the **Smoot-Hawley Tariff Act** (passed in 1930), are widely believed to have **contributed to the Great Depression**, though they **did not cause it outright**.

### What was the Smoot-Hawley Tariff?
- It was a U.S. law that **raised tariffs on over 20,000 imported goods** to protect American industries and farmers.
- Passed in **June 1930**, right after the stock market crash of October 1929.

### How did it impact the Depression?
1. **Retaliation**: Other countries retaliated with their own tariffs (like Canada, France, and others), shrinking global trade.
2. **Global Trade Collapse**: International trade **plummeted by over 60%** between 1929 and 1934.
3. **Worsened the Slump**: As exports and imports fell, so did production and jobs, especially in export-reliant sectors.
4. **Damaged Global Confidence**: It signaled protectionism, worsening global economic cooperation at a critical time.

### Important Note:
- Most economists agree it **worsened and prolonged** the Depression but wasn't the main cause. That was due to factors like:
- The 1929 stock market crash
- Bank failures
- Deflation and a tight monetary policy by the Federal Reserve

This is from ai but it sounds reasonable
Click to expand...
Exactly, it can be debated if it worsened the situation but it wasn't the cause

Bad analogy on the Twitter poster
 
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Astray said:
This isn't how things work in manufacturing, at all.

You don't move a plant like you'd move a house.
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This a lot of people don't critically think by when Trump say he's brining manufacturing jobs back what that entails. First is the infrastructure in place to bring these jobs back, then what wages are we paying to build the product which is going to be way more than what they pay in Vietnam. Also the time frame it would be completed.
 
Rentahamster said:
I dunno, looking at the historical data, that didn't do much the first time around in 2016. While there is a sharp increase in investment in 2022, probably due in part to the CHIPS Act, that hasn't really manifested much in gains to domestic output or domestic manufacturing jobs. Maybe the flaw was that we just didn't tariff enough the first time? While it's possible, it seems unlikely. If anything, what this graph is telling me is that if the goal is to actually increase investment in jobs, factories, and cash, the more effective government policy would be to encourage that directly, rather than indirectly by forcing punitive tariffs and hoping the capitalists in charge will finally "get with the program" instead of doing what they're actually fiduciarily bound to do.

fredgraph.png



It's possible I could have messed up my data points, so if anyone wants to fact check this go here:

Real private fixed investment: Nonresidential: Structures: Manufacturing | FRED | St. Louis Fed

Graph and download economic data for Real private fixed investment: Nonresidential: Structures: Manufacturing from Jan 1939 to Apr 2025 about nonresidential, fixed, investment, private, manufacturing, real, GDP, USA, output, sector, headline figure, establishment survey, employment, gross...
fred.stlouisfed.org
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Tariffs also rotated quarterly for a lot of items by country last time. So where I was working we would overload shipping from certain countries running projected demand cycles to reduce tariffs by oversupply. There is a cost to that too as you have to have warehouse room and financing, but in general it outweighed the tariff cost.

Edit: Additionally this seems a bit more hardline so not sure if there will nearly as much capacity for avoidance.
 
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FewRope said:
This already is a legendary thread, the Wikipedia world map included
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My guy put a map where Czechoslovakia was still a country and Germany was split in east / west :messenger_tears_of_joy:

Was double checking to see if I could spot the Prussian and Mongol empires, maybe Roman too :messenger_grinning_squinting:
 
LazyParrot said:
He is absolutely wrong. There is nothing inherently wrong with a trade deficit. You have a trade deficit with the grocery store, your employer has a trade deficit with you. That doesn't mean anyone is losing.
Click to expand...
Nudge me when a leader of another country calls a big press conference to announce the unwinding of all tariffs against the US that we don't graciously reciprocate in short order. Right now all I'm reading is "America probably won't", but as far as I can tell that theory is completely untested.
 
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Rentahamster said:
I dunno, looking at the historical data, that didn't do much the first time around in 2016. While there is a sharp increase in investment in 2022, probably due in part to the CHIPS Act, that hasn't really manifested much in gains to domestic output or domestic manufacturing jobs. Maybe the flaw was that we just didn't tariff enough the first time? While it's possible, it seems unlikely. If anything, what this graph is telling me is that if the goal is to actually increase investment in jobs, factories, and cash, the more effective government policy would be to encourage that directly, rather than indirectly by forcing punitive tariffs and hoping the capitalists in charge will finally "get with the program" instead of doing what they're actually fiduciarily bound to do.

fredgraph.png



It's possible I could have messed up my data points, so if anyone wants to fact check this go here:

Real private fixed investment: Nonresidential: Structures: Manufacturing | FRED | St. Louis Fed

Graph and download economic data for Real private fixed investment: Nonresidential: Structures: Manufacturing from Jan 1939 to Apr 2025 about nonresidential, fixed, investment, private, manufacturing, real, GDP, USA, output, sector, headline figure, establishment survey, employment, gross...
fred.stlouisfed.org
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That's a reasonable , friendly response.

We'll see. But this hasn't been tried. That's an oversimplification. The scale is large, the tax cuts are large (there has been much talk about slashing or eliminating income tax as a direct consequence of this), the government spending cut goal is a trillion dollars.

I don't think people realize how many Americans were hurt by shifting the economy away from manufacturing and production. No satisfactory explanation was given to me. The insane dairy tariff on American dairy in Canada is A O K! But if Trump cites it as an agitator and slaps a tariff on something we produce that's "unjustifiable". No. Sorry. A racket is a racket.

I'm Canadian and I want to see American manufacturing and producing come roaring back. It will set a great example. Canada could have had this gone on day 1… by agreeing to completely free trade and recalibrating our industry. They wouldn't. 2 reasons.

1. Everything Trump says is bad.
2. Lobbyists for our secret cartels (dairy) have paid off every establishment politician in this place and we don't have any viable non-establishment option like the Americans gave themselves.

I think America is going to be just fine, obviously so, and very soon.
 
U guys in the US still got so good out there, here in poland actual ps5pr0 price, including disc drive is 4099pln aka 1051 usd(all tax/tariffs etc included, thats final price customer pays).

SONY Konsola PlayStation 5 Pro + napęd do P55 Blu-Ray najlepsza cena, opinie - sklep online Neonet

SONY Konsola PlayStation 5 Pro + napęd do P55 Blu-Ray najniższa cena sklep internetowy Neonet dane techniczne opinie SONY Konsola PlayStation 5 Pro + napęd do P55 Blu-Ray opinia testy recenzje darmowy transport szybka dostawa promocja cenowa
www.neonet.pl www.neonet.pl

And we got salaries 4-5x lower here from ur US salaries. Not to mention we as the only country in the world got border with russia, bellarus(aka russia's proxy) and ukraine.

All im saying u guys should apreciate what u got, coz u got no idea how good u still got it right now, who know how much worse its gonna get in 5-10-15 yeaers :P
 
VectorVictor said:
You mean like the last two times tariffs were levied extensively here in the United States it crippled the domestic economy and triggered economic problems throughout the globe?


Economists and educated folks have been asking people to pay attention for some time now...but we saw how that turned out...
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The difference is, i am hard pressed to remember a time where one country essentially said "screw it" and levied the tariffs on the majority of the world at one time. Actually, changed tariff rates on the Same Day in modern times.

That is why this will be taught. Regardless of political or economic beliefs. This is like a real life science experiment. It will unfortunately affect a great many people. But, i was being serious to the younger posters in this thread. They should pay attention, it is interesting.

I am not pro or con anything. I am just pointing out, this may be one of the moments in recent history were we point to. Nothing more.
 
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Great Auk said:
The Switch 2 will lose 90% of its sales at $1000 in the US, there's no way that cost is sustainable. But I don't think that vast majority of the tariffs will still be in place come two months from now.
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Yes they will lose sales. It's the sacrifice that has to be made. They will have plenty of sales in the rest of the world to keep them going. We will see what happens...
 
Nintendo is Lubbing up and the Hardcore Nintendo fans are happily going to take whats cumming.
 
HeisenbergFX4 said:
Exactly, it can be debated if it worsened the situation but it wasn't the cause

Bad analogy on the Twitter poster
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Going by what's said it's not debatable, but as of right now we also have other problems in alot of economics. So there is some writing on the wall.
 
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