this post was submitted on 30 Apr 2025
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Wow, interesting to see after GN's tariffs video.

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[–] [email protected] 7 points 1 week ago

The decision is entirely about anticipating demand, it's about the uncertainty and craptastic approach the administration is taking with them. Making changes, sometimes multiple times daily, means companies can't plan.

Tariffs traditionally are planned and communicated, with months or even years long timeframes for companies to plan around. Tariffs being added, removed, exclusions and inclusions changing daily means no one can plan. So the only planning they can do is to just stop. The Trump administration doesn't know what the fuck they're doing and will destroy the economy in the process while insisting they are doing a great job.

Hyte is not reliant on the US market, many of their competitors however are US based and reliant on the US market for their sales. They can easily be put out of business by these tariffs in the short term, further putting US businesses behind competitors.