How Trump's tariff wall will punish small American businesses, kill US jobs, and benefit giant mulitnationals

Last month, the legendary hardware hacker and entrepreneur Andrew "bunnie" Huang (who is also a talented science communicator) published a great explainer on the quirks of the Trump China tariff plan, which exempts finished goods (like TVs), but imposes stiff taxes on components that are shipped from China to US factories for final assembly, a tactic common to the most innovative, cutting edge companies who fear having their trade secrets stolen by Chinese manufacturing contractors. (more…)