Trump Shifts Deportation Focus, Pausing Raids on Farms, Hotels and Eateries

[George50]

Not intentionally, I'm sure. The quote from Fortune indicates that the $500 Billion is the expected value of products Nvidia will sell. Other comments about it indicate that it is an "investment" or a commitment of some kind.

Fortune is accurate, the others you mention are not.

Without further investigation, I'm content to agree that Nvidia is going to spend money to create new products and in general add to the economy to the extent of half a trillion dollars.

Again there is no half a trillion dollars investment. They are just expecting to sell that much stuff.

I specifically did not use the term, "Cost of Goods Sold" because I know it's place in accounting.

No, it's government spending, just as Democrats refer to any controversial government spending as "an investment."

Nonsense comment about Democrats. The CHIPS act allows for shared government/private investment in new/expanded/modernized facilities through government grants. That’s actual investment.

Tax avoidance in a bill is an estimate, dependent on the private revenue gained.

Yes, that’s correct!

The $450 billion is not necessarily the result of any government impetus. AI is an emerging technology and corporations that are in that field of business are practically required to invest in it.

Again you are confused and uninformed. Yes, AI companies will invest in equipment. Formerly, those AI companies were purchasing semiconductor equipment made abroad. Now semiconductor companies are building here because of grants and loans made available under the chips act according to the Semiconductor Industry Association:

For decades, the United States was producing a diminishing share of the world’s chips.

But two years ago, leaders in Washington took bipartisan action to address this vulnerability by enacting the CHIPS Act to spark greater U.S.-based semiconductor production and innovation through $52 billion in manufacturing incentives and research investments. CHIPS was a bold, bipartisan bet that by making the U.S. a more cost-competitive location for chip fabrication and research, America could turn the tide of recent history and attract more semiconductor projects to strengthen our economy, national security, and supply chains.

So far, that bet is paying off and beginning to deliver a huge return on investment. Companies in the semiconductor ecosystem have announced more than 80 new projects across 25 U.S. states—totaling nearly $450 billion in private investments—since CHIPS was first introduced in 2020. These projects are expected to create more than 56,000 direct jobs and support hundreds of thousands of additional jobs throughout the U.S. economy.

The report also forecasts the U.S. will grow its share of advanced chip manufacturing to 28% of global capacity by 2032 and capture the same percentage of total global capital expenditures (capex) from 2024-2032—both massive improvements over the current landscape. In the absence of the CHIPS Act, the report estimates the U.S. would have captured only 9% of global capex by 2032.

Yes, that's the useful, political line. However, the tariffs Trump has imposed have been delayed, altered or cancelled as part of the negotiations over trade in general. Until tariffs on both sides are firm, they don't have any of the effects you list.

Wrong. As long as the tariffs exist (which they do now) the effects will be there. The fact that they are being levied now is detrimental and are having the effect I described.

For companies deciding where to make investments, however, and along with tax reductions, they show a willingness to provide incentives to manufacture in this country.

For companies deciding where to make investments they have no idea what to do. It is mass chaos. They have no idea what tariffs will be and how long they will last.

The only thing people know for sure with tariffs is that stuff will cost the American consumer more money.

With CHIPS companies know what they are getting and how long it will last.

We disagree.

With no evidence other than Trump told me so you disagree with the Federal Reserve Board’s study. No wonder people call it the cult of Trump.

 

[RetiredAtLast]

Fortune is accurate, the others you mention are not.

Ah, a media snob.

Nonsense comment about Democrats.

Nope. Typical behavior of Democrats.

The report also forecasts

Is this the same 2024 study?

Wrong. As long as the tariffs exist

What tariffs? Those that have been in place for some years, or those that have been proposed, changed, delayed, etc since earlier this year?

For companies deciding where to make investments they have no idea what to do. It is mass chaos.

Fortunately, the owners and managers of large companies understand all of this better than you and are able to cope without giving in to political panic.

The only thing people know for sure is that stuff will cost the American consumer more money.

And yet, it doesn't. The rate of inflation was one tenth of one cent on the dollar last month (0.1%), after all the doom-saying by Dems.

With no evidence other than Trump told me so you disagree with the Federal Reserve Board’s study.

No, I disagree with you. The fact that you rely on an old forecast, which you like to couch as accomplished fact, doesn't mean that I disagree with it.

 

[The Brad Dad]

Fortunately, the owners and managers of large companies understand all of this better than you and are able to cope without giving in to political panic.

Oh, so we should start listening to them as they’ve warned Trump’s TACO tariffs have caused instability and they can’t properly forecast, but what they can tell they see a recession on the horizon? “Political panic” is really funny considering Campbell soup said it might have to raise prices on cans of soup due to Trump’s steel tariffs. That’s not political. That’s families paying more for something like soup. You know, the stuff people buy when other food becomes more expensive.

 

[RetiredAtLast]

Oh, so we should start listening to them as they’ve warned Trump’s TACO tariffs have caused instability and they can’t properly forecast, but what they can tell they see a recession on the horizon?

For all of the "Sky is falling" cries of Democrats, there are no signs of an impending recession.

“Political panic” is really funny considering Campbell soup said it might have to raise prices on cans of soup due to Trump’s steel tariffs.

The operative words in Campbell's statement is "might have to." The steel tariffs are partially responsible for two new steel plants to be built in this country.

That’s not political. That’s families paying more for something like soup. You know, the stuff people buy when other food becomes more expensive.

And that's the Political Panic you guys are promoting.

 

[The Brad Dad]

For all of the "Sky is falling" cries of Democrats, there are no signs of an impending recession.

The operative words in Campbell's statement is "might have to." The steel tariffs are partially responsible for two new steel plants to be built in this country.

And that's the Political Panic you guys are promoting.

Companies have already raised prices in response to Trump’s tariffs, and hiring is way down from last year. Trump’s tariffs are already hurting the country economically.

 

[George50]

Ah, a media snob.

Nvidia "investing" 500 billion is a fantasy.

Nope. Typical behavior of Democrats.

Partisan nonsense.

Is this the same 2024 study?

Actual progress from 2020 to 2024.

What tariffs? Those that have been in place for some years, or those that have been proposed, changed, delayed, etc since earlier this year?

Those in effect now.

Fortunately, the owners and managers of large companies understand all of this better than you and are able to cope without giving in to political panic.

Again living in a fantasy world if you think large companies will act without certainly.

And yet, it doesn't. The rate of inflation was one tenth of one cent on the dollar last month (0.1%), after all the doom-saying by Dems.

Apparently you don't understand that businesses pulled purchases forward to avoid the tariffs.

No, I disagree with you. The fact that you rely on an old forecast, which you like to couch as accomplished fact, doesn't mean that I disagree with it.

You disagree with the Federal Reserve Board study and your only reason is that Trump told you so. Sounds like a cult to me.

 

[RetiredAtLast]

Companies have already raised prices in response to Trump’s tariffs

What companies and which tariffs?

hiring is way down from last year.

In May there were 140,000 new jobs, exceeding expectations.

Trump’s tariffs are already hurting the country economically.

So you say.

 

[RetiredAtLast]

Those in effect now.

So it's the old ones.

Again living in a fantasy world if you think large companies will act without certainly.

No company ever has "certainty" in new facilities or products (except profits from government).

Apparently you don't understand that businesses pulled purchases forward to avoid the tariffs.

And so were able to insure against the left-wing "sky is falling" shouts. When will all that disaster befall us?

You disagree with the Federal Reserve Board study and your only reason is that Trump told you so. Sounds like a cult to me.

The only study you've cite is a semiconductor industry study. The only "cult" involved is the left-wing cult of non-thinkers.

 

[snakestretcher]

Not intentionally, I'm sure. The quote from Fortune indicates that the $500 Billion is the expected value of products Nvidia will sell. Other comments about it indicate that it is an "investment" or a commitment of some kind. Without further investigation, I'm content to agree that Nvidia is going to spend money to create new products and in general add to the economy to the extent of half a trillion dollars.

I specifically did not use the term, "Cost of Goods Sold" because I know it's place in accounting.

No, it's government spending, just as Democrats refer to any controversial government spending as "an investment."

Tax avoidance in a bill is an estimate, dependent on the private revenue gained.

The $450 billion is not necessarily the result of any government impetus. AI is an emerging technology and corporations that are in that field of business are practically required to invest in it.

Yes, that's the useful, political line. However, the tariffs Trump has imposed have been delayed, altered or cancelled as part of the negotiations over trade in general. Until tariffs on both sides are firm, they don't have any of the effects you list. For companies deciding where to make investments, however, and along with tax reductions, they show a willingness to provide incentives to manufacture in this country.

We disagree.

You can disagree all you want, but the fact remains that Trump's last tranche of tariffs failed, as tariff imposition invariably does. Why are some people so convinced they won't backfire again this time around?

Trump's tariff plan has been tried before. It failed

Like Donald Trump today, British Conservatives also hoped that tariffs would solve problems closer to home. They didn't

www.spectator.co.uk

The Economic Effects of President Trump’s Tariffs — Penn Wharton Budget Model

Many trade models fail to capture the full harm of tariffs. PWBM projects Trump’s tariffs (April 8, 2025) would reduce GDP by about 8% and wages by 7%. A middle-income household faces a $58K lifetime loss. These losses are twice as large as a revenue-equivalent corporate tax increase from 21% to 36%

budgetmodel.wharton.upenn.edu

There’s no doubt about it – Trump’s tariffs will fail | Letters

Letters: Readers react to Donald Trump’s imposition of tariffs on goods imported into the US

www.theguardian.com

 

[Michael Cole]

Every time Democrats want to raise taxes to pay for something they call it "an investment" in that thing.

Tell it to Democrats. Partisan deflection is also batshit stupid.

Raising taxes decreases the money left in your pocket.

Now you're off into Earth 2's second moon's orbit.

You're babbling. The point is international tourism, which is down sharply, because foreign tourists are fearful. Through some insane step by step process involving fantasy from the depths of your imagination, you claim scaring off our customers is really an investment. Batshit crazy.

Get it? (I doubt it.)

What's obvious to anyone reading, is that in failing to support your batshit stupid postings, you deflect to Democrats and taxation, for reasons known only to those on Earth 2.

You done yet?

 

[Michael Cole]

How did I muddy the water? My quote in italics is a direct quote copied from the Fortune article. The article you quoted earlier misrepresented the $500 billion as an investment.


Calling cost of goods sold an investment is a con. Also, cost of goods sold is not equal to inventory. The only way that inventory could even be loosely called an investment would be an increase in inventory and no Nvidia is not planning a $500 billion increase in inventory.


Tiny, but the $39 billion is an actual investment with a multiplier of more than 10 of private capital. Compared to the phantom $500 billion which is not an investment or zero investment.


Government cash towards actual capital expenditure. In other words real investment.


Not unknown. It’s $24 billion. Which you applaud below when Trump does it.



I’m not sure what your point is. It sounds like you are confused. Unlike your cost of goods sold, the $450 billion is actual private capital investment.


?

The $450 billion plus the $39 billion is actual capital investment in projects that will be built on U.S. soil. Not some kind of number twisted around to con people into thinking new investment is happening.


Tariffs result in fewer jobs because of retaliation by other countries depressing exports and higher input costs to manufacturers raising prices resulting in less demand. Bottom line is fewer jobs and higher prices for consumers. No one wins. This was the result of Trump’s tariffs before and will be again.

Fact Check: Did the Trump tariffs increase US manufacturing jobs? | Econofact

econofact.org

Trump has convinced his supporters that they understand economics. It's sad to witness. Seed money is typical in private industry. These are the investors betting on investors. A successful seed breeds investor interest. That the government also seeds industry is no different economically from the business standpoint. Government makes mistakes as does the private sector. Keeping mistakes to a minimum should always be a focus. However, the Chips and Science Act seems to be a resounding success.

AI requires equipment. Manufacturing critical equipment domestically can be a matter of national security. I'm all for it. But notably, the manufacture of equipment involves a tiny portion of the overall footprint required by AI.

AI uses data centers. Data centers require, arguably in order of importance, cheap land, location, cheap and clean electricity, business-friendly environment, water, workforce.

The expansion of AI begins, as all expansions begin, as a real estate deal. Investors buy land which they sell to data center developers who may then sell to data center businesses or data center giants who build their own infrastructure.

This all began long before Trump 2.0. Indeed, it was growing during Trump 1.0. The lithium mine Biden approved was originally given a nod by Trump. Funny he doesn't take credit for it. And that's something else we don't hear regarding mineral extraction. We will have a working lithium mine by 2027.

This story shows the extent investors bet on land.

Tract Announces Acquisition of 8,590 Acres within Storey County to Secure Long-Term Growth in Northern Nevada - Tract

DENVER (June 18, 2024) Tract, a developer of master-planned data center parks, today announced its acquisition of an 8,590-acre project within Storey County, NV, which closed in February. The future development site is located between the Tahoe-Reno Industrial Center (TRIC) and the Virginia...

www.tract.com

DENVER (June 18, 2024) Tract, a developer of master-planned data center parks, today announced its acquisition of an 8,590-acre project within Storey County, NV, which closed in February. The future development site is located between the Tahoe-Reno Industrial Center (TRIC) and the Virginia City Highlands, southeast of Lockwood. The land is zoned for industrial use with a wide range of pre-approved uses, inclusive of data centers and commercial energy production.

“This acquisition provides a unique opportunity for Tract to create a master-planned site responsive to the requirements of the next generation of hyperscale data center design,” explained Grant van Rooyen, CEO of Tract. “The location, zoning, and scale of the site allow us the flexibility to support multiple use cases looking over the horizon of data center architecture.”

With the acquisition of this site, Tract has assembled over 11,000 acres across three separate projects in the greater Reno market, investing in hyperscale capacity at an unrivaled scale.

Tract is a first-level real estate speculator. The company buys land, grades, acquires all necessary water rights, power guarantees and permitting requirements (which are arguably the most efficient in the nation), and offers the sites to developers of data centers.

Land has been sold and resold for 10 years in pursuit of data center infrastructure. If anything, Trump's tariffs have slowed this expansion. And it should be noted that while data centers provide good jobs, they don't provide many jobs. Data centers are not manufacturing plants. They require few employees.

 

[George50]

So it's the old ones.

New tariffs are in effect. Keep up. As you can see it is a convoluted mixed up ever changing mess. That of course is causing chaos in the business world:

Trump 2.0 tariff tracker

According to President Trump, “Tariff is the most beautiful word in the dictionary.” Throughout his presidential campaign, Trump promised to use tariffs

www.tradecomplianceresourcehub.com

No company ever has "certainty" in new facilities or products (except profits from government).

You are just splitting hairs because you don’t have a sensible argument. Grants that the government has approved are 1000 times more certain than tariffs that can change daily at the government’s whim.

And so were able to insure against the left-wing "sky is falling" shouts. When will all that disaster befall us?

People that have studied the impact of tariffs say later this summer we will start to see the effects.

The only study you've cite is a semiconductor industry study.

Which of course is the organization with the most credibility. They tracked each CHIPS grant award and it’s impact.

The only "cult" involved is the left-wing cult of non-thinkers.

Why do you think that the Federal Reserve Board and the Semiconductor Industry Association are a left-wing cult of non-thinkers?

 

[RetiredAtLast]

You can disagree all you want, but the fact remains that Trump's last tranche of tariffs failed, as tariff imposition invariably does. Why are some people so convinced they won't backfire again this time around?

Because they are showing signs of succeeding. The articles you cite look at tariffs only as an economic measure, independent of any other government actions. In the company of trade negotiations and tax incentives, they become a more useful tool. But the proof will come only when agreements are reached and tariffs actually are imposed. Then we'll know if they've worked or not.

 

[George50]

Because they are showing signs of succeeding.

How so?

The articles you cite look at tariffs only as an economic measure, independent of any other government actions. In the company of trade negotiations and tax incentives, they become a more useful tool. But the proof will come only when agreements are reached and tariffs actually are imposed. Then we'll know if they've worked or not.

Well some people will know if they worked or not but those in the Trump cult won’t. Trump will tell you they worked and that will be gospel until he tells you otherwise.

For example, USMCA was signed and Trump proclaimed as gospel:

The USMCA is the fairest, most balanced, and beneficial trade agreement we have ever signed into law. It’s the best agreement we’ve ever made, and we have others coming.

Now he claims that trade with our two biggest trading partners, Canada and Mexico, is a huge problem. Now the gospel has suddenly changed 180 degrees.

Unfortunately, for the cult members, the truth is whatever Trump would like it to be at any given point in time. It must be hard to keep up.

 

[RetiredAtLast]

New tariffs are in effect. Keep up. As you can see it is a convoluted mixed up ever changing mess. That of course is causing chaos in the business world:

Your assumption that leaders in "the business world" are no smarter than you are is, obviously, unwarranted.

 

[RetiredAtLast]

Well some people will know if they worked or not

The measure of that is quite obvious, even to those who wish for our country to fail. It's called CPI. You may have heard of it. It's the measure that your boy Biden f**ked up so badly.

How so?

In high profile instances, we have seen the original tariffs reduced or suspended as talks produce at least tentative agreements for more equal trading rules. If/When those agreements are finalized we'll know whether the carrot/stick approach has worked or not.

The USMCA is the fairest, most balanced, and beneficial trade agreement we have ever signed into law. It’s the best agreement we’ve ever made, and we have others coming.

"The best we have ever made" does not necessarily translate to 'the best we can ever get.' It only means it's better than what we had before.

 

[ncguy]

Your assumption that leaders in "the business world" are no smarter than you are is, obviously, unwarranted.

No, uncertainty causes chaos.
Trump is an economic moron

 

[RetiredAtLast]

No, uncertainty causes chaos.

That's funny. "Chaos" is the Democrat's favorite term du jour. It's always fun to see what word or phrase they pass out from time to time.

 

[Mika-El]

Apparently Trump’s sinking approval numbers on immigration have convinced him that actually immigrants are fine. At least if they’re working in politically relevant industries. Or maybe the LA protestors have won a round, who knows.

Trump Shifts Deportation Focus, Pausing Raids on Farms, Hotels and Eateries

Trump words mean nothing. Nothing. Actions are what counts. As quick as Trump sent out his comment you refer to the very next day he retracted it and Hegseth, Noem and Ice officials all made it clear they continue to arrest anyone and everyone they think is illegal.

I stil do not get why anyone listens to what Trump says and instead focuses on what he actually has his sycophants do.

 

[ncguy]

That's funny. "Chaos" is the Democrat's favorite term du jour. It's always fun to see what word or phrase they pass out from time to time.

Unnecessary chaos by an economic moron is not funny
Not if you care about America

 

[George50]

The measure of that is quite obvious, even to those who wish for our country to fail. It's called CPI. You may have heard of it. It's the measure that your boy Biden f**ked up so badly.

In high profile instances, we have seen the original tariffs reduced or suspended as talks produce at least tentative agreements for more equal trading rules. If/When those agreements are finalized we'll know whether the carrot/stick approach has worked or not.

Trump lowered the tariffs so that means they are working. That’s absurd.

"The best we have ever made" does not necessarily translate to 'the best we can ever get.' It only means it's better than what we had before.

You are so easily conned by Trump and are just demonstrating that you will
dutifully defend his actions even when you know they make no sense.

 

[George50]

Your assumption that leaders in "the business world" are no smarter than you are is, obviously, unwarranted.

Your assumption that business leaders can plan when tariffs are going up and down on a daily basis just shows how little you understand about business.

 

[George50]

Trump words mean nothing. Nothing. Actions are what counts. As quick as Trump sent out his comment you refer to the very next day he retracted it and Hegseth, Noem and Ice officials all made it clear they continue to arrest anyone and everyone they think is illegal.

I stil do not get why anyone listens to what Trump says and instead focuses on what he actually has his sycophants do.

A good example is that today Trump’s minions were dutifully saying that we were only at war with Iran’s nuclear program. Meanwhile Trump starts talking about regime change in Iran stepping on everything he told his people to say. It’s a veritable clown show.

 

[RetiredAtLast]

Trump lowered the tariffs so that means they are working. That’s absurd.

It's absurd only to someone who has no idea of how things like tariffs can be used as negotiating steps on the path to an agreement.

You are so easily conned by Trump and are just demonstrating that you will
dutifully defend his actions even when you know they make no sense.

The reason you're so wrong, so often, is that you paint a picture of a Trump voter and then you class everyone who disagrees with you (and that's a whole lot of people) and foolishly assume that everyone fits your picture. It's that kind of behavior (I can't call it thinking) that has the Democrat Party leaderless and losing it's heavy donors. It's insulting, of course, but that's the M.O. for Democrats.

 

[RetiredAtLast]

Your assumption that business leaders can plan when tariffs are going up and down on a daily basis just shows how little you understand about business.

My business experience is none of your business but, from your comments here, I can tell that you're the type and level of individual that I would have cheerfully had fired.