I guess my 3a purchase must have gone through around 10.30am then.
USA will be bankrupt if they apply this⊠How the hell will their companies finance and invest in new goods to product locally and to sell goods to their own citizens? Trump is just a crazy retarded human beingâŠ
I donât understand how the hell the world is not making deals with others country or why they donât apply tariffs on US SERVICES for instance⊠I hate these people who vote for this insane guys⊠Poor AmericaâŠ
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âThe entire administration has always said that President Trump is willing to pick up the phone and talk. And the president met with his trade team this morning, and he directed them to have tailor-made trade deals with each and every country that calls up this administration to strike a deal,â Leavitt told reporters at the White House press briefing.
Trump will have to cut tariffs in one way or another, so I think deals will be made.
He canât get his factories without the deals. Nobody is going to set up factories until the situation becomes more clear. Nobody can afford to set up a factory if the machines they need to buy to operate it are going to be tariffed at 104%.
I think I understand your frustration but I think you need to understand where countries have leverage and where they donât . Certain services have regional alternates but certain services do not.
For example -: all the cloud services cannot be replaced just like that. It will take long time to move to domestic providers if they already exist. But for EU, close to 90% of cloud services are coming from US top 3. Domestic firms donât even have the infrastructure right now to take over. I think EU will have a disaster if US IT services are switched off. Applying tariffs on them simply means higher cost for their consumers and no impact on providers.
China is in different position. Yes they will suffer with low imports to US but they donât care about what they get from USA specifically because US doesnât make any goods that China cannot make themselves . And China donât depend on US services like EU. Thus they are striking back like real superpower
Unfortunately Trump want to prove he rules the world . China might not agree 
Why do you think Canada was not part of Liberation day? Because China will threaten to pull the plug on rare earth and US would need Canada to support
US wants to fix trade imbalance without first building production capacity. It seems all of the issues are being addressed in reverse sequence
No capacity to even cover local demand.
Apply tariffs to force companies to build factories
Whatâs happening in the meantime ?
This expectation of companies to absorb tariffs and not raise prices is not reasonable.
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Will Musk make it 'till June? https://edition.cnn.com/2025/04/08/business/elon-musk-peter-navarro-comments-tariffs/index.html
My bet is no.
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I realized this a couple years ago as I saw that Swiss Universties are actually dependent on US services for cloud storage and email services. I understand private companies uses third-party services as this one but organizations should not be as dependent on this kind of things, specially for data storage. This is of course due to the lack of local infrastructure for it, which I understand as well⊠but it is a concern in term of security and stability (in the kind of situations we are living today)
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That was incidentally just part of the Odd Lots podcast (What tariffs Are Doing to Noth American Freight) I listened to today: even people who already wanted to build factories are putting plans on hold now since itâs unclear how much the foreign sourced machinery will cost them and whether theyâll see a return on their capital.
Unrelated: I went from up two cars to down one car today. Iâd like my money back, Sir!
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Yes. EU is very dependent on US for IT services because US has always been an ally. Now EU is trapped. Cloud, Social Media, AI - everything. Not sure what would it take to diversify.
Similar to what happened with Natural gas in 2022. EU was very exposed to Russia.
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Donât forget the mountains of data weâve given to US firms by simply signing up to any old crap via gmail, google maps, social media eh?
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Swiss universities, a bunch (maybe all) of communal administrations (including for taxes and identity data) and probably a whole bunch of government services.
Iâm no specialist of the field and there may be security reasons for it (Microsoft being better at it than Infomaniak) but even if using external options, using a Swiss provider would be a possibility (said Infomaniak).
I donât understand that there isnât yet a public infrastructure developed at the federal/cantonal level that the communes could use with a higher level of safety and autonomy than they currently do.
Something is in playâŠ
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That is a cloud for the services of the confederation.
I think it is now the right time to stop using cloud services. There are too many SE (SWE whatever) that think that you always need to use the latest services to do whatever you need. Letâs go back to IT Admin that admin and Devs that develop. Since we are there letâs kill electron apps. 
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Yes, I think there are initiatives or services as Infomaniak but I guess that they have limitations or higher costs. I bet the problem are the infrastructure limitations to hold the requirements that swiss institutions need but I am no expert on thisâŠ
There is also SwitchDrive The Switch foundation | Switch âŠbut It is not beeing used extensively I think.
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We might use more Chinese clouds? https://www.swissinfo.ch/eng/politics/swiss-government-finalises-cloud-contracts-with-five-tech-firms/47934560
Does anyone know how the US trade deficit looks when services are included? tbh Iâm surprised itâs not usually included, i guess in the past it was not so relevant
This is from 2023. Overall trade balance for EU & US was 3% (goods + services)
Donât be surprised why itâs not included.
The whole reason for the discussion is not to have a logical discussion but to show dominance and squeeze allies into doing what US wants. So the arguments used are the ones which suit them. And of course how many people fact check anything these days? I wouldnât be surprised if half of people in US think that chart showed by Trump was real
Trade picture
- The transatlantic trade relationship is the most important commercial relationship in the world.
- EU-US trade in goods and services reached an impressive âŹ1.6 trillion in 2023. This means that every day, âŹ4.4 billion worth of goods and services cross the Atlantic between the EU and the US.
- EU-US goods and services trade is balanced: the difference between EU exports to the US and US exports to the EU stood at âŹ48 billion in 2023; the equivalent of just 3% of the total trade between the EU and the US.
- The total bilateral trade in goods reached âŹ851 billion in 2023. The EU exported âŹ503 billion of goods to the US market, while importing âŹ347 billion; this resulted in a goods trade surplus of âŹ157 billion for the EU.
- Total bilateral trade in services between the EU and the US was worth âŹ746 billion in 2023. The EU exported âŹ319 billion of services to the US, while importing âŹ427 billion from the US; this resulted in a services trade deficit of âŹ109 billion for the EU.
- The EU and the US are also major investment partners. EU and US firms have âŹ5.3 trillion worth of investment in each otherâs markets (2022 data).
- US exports of goods and services to the EU support 2.3 million jobs in the US, and EU firmsâ investments in the US employ 3.4 million people. To learn more, visit the EUâs Business Footprint in the United States Project.
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Polymarket still believes in Musk-Trump relationship.
Yes, itâs only until May, but the sentiment is clearâŠ
If you are sure about your bet, you can easily 10x your investment with this.
I feel Trump is on a losing strategy anyway: getting factories take time. Even if the world rushed to build in the US (they arenât) with permitting, planning, getting materials etc. they will take a long time to build. TSMC took about 4 years to build the Arizona plant.
These factories arenât going to appear before mid-terms and probably not much before the next election.
Unless Trump changes course, I think weâll see stagflation in the US and it will get ugly.
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